The Factom Protocol is governed in a decentralized manner by Standing Parties made up of Guides, Authority Node Operators, and eventually those who hold FCT, use entry credits, and successfully execute grants.
View the governance documents, processes, meeting minutes, and more of the Factom Protocol.
Authority Node Operators are the coalition of companies that have been elected to provide the infrastructure that decentralizes the Factom Protocol.
Due to the Factom Protocol being one of the most decentralized blockchain projects, a series of committees and working groups have been formed for specific tasks.
Guides were elected by the Factom community to facilitate the decentralization of the Factom Network and create an efficient and robust governance framework. Each person is a member of a separate legal entity.
The on-chain Factom Protocol grant pool provides funding to entities that wish to provide development, marketing, or other initiatives to further the protocol.