Why is blockchain governance important?-What kinds of decisions are made by people involved in these systems?

Fintech

Start the paper by insights from Zachariadisetal. (2019) referenced below, on blockchain governance and extending your reading to other relevant papers and resources answer each of the following questions:

1) What does it mean to govern a blockchain?
2) Who are the actors who play a role in blockchain governance? Does it differ from
blockchain to blockchain?
3) Why is blockchain governance important? What kinds of decisions are made by
people involved in these systems?
4) What are ‘onchain’ and ‘offchain’ governance? What are the pros and cons of each, according to the academic literature, industry reports, and commentators?