After reading OpenChat: A Truly Decentralized Alternative to WhatsApp I was curious about something, so I asked Matt Grogan about it on OpenChat:
@Matt in your Medium article you said “OpenChat will become an open internet service once tokenization is enabled on the Internet Computer”. Can you elaborate on that?
Specifically the “once tokenization is enabled on the Internet Computer” part
Matt was kind enough to let me share his response here too:
The Internet Compute IC) has governance tokens (ICP) which can be locked into “neurons” and used to vote on proposals to change the IC which are then executed by the Network Nervous System (NNS). An “open internet service” or dapp will issue its own governance tokens which can be locked into neurons and used to vote on proposals to change the dapp which are executed by the Service Nervous System (SNS) which will be closely related to the NNS. This is not yet possible but is actively being developed by Dfinity who in time will submit a proposal (or more likely a series of proposals) to allow the IC to support this.
Is there any more information available on the Service Nervous System?
It seems like people who are actively thinking about governance would be interested in knowing that something is in the works.