📃 Address SEC blockchain objectives

[JFWooten4]

In the intermediate section of the TAR comment, address the main staff items:

1. Performance:
   • Does it work and will it continue to work as intended?
2. Transaction speed and throughput:
   • Can it process transactions quickly enough for the intended application(s)?
3. Scalability:
   • Can it handle a potential increase in network activity?
4. Resiliency:
   • Can it absorb the impact of a problem in one or more parts of its system and continue processing transactions without data loss or corruption?¹
5. Security and consensus mechanism:
   • Can it detect and defend against malicious attacks, such as 51% attacks or Denial-of-Service attacks, without data loss or corruption?
6. Complexity:
   • Can it be understood, maintained, and improved?
7. Extensibility:
   • Can it have new functionality added and continue processing transactions without data loss or corruption?
8. Visibility:
   • Are its associated code, standards, applications, and data publicly available and well documented?
9. Governance:
   • How are protocol updates and changes agreed to and implemented?
   • What are the impacts of events such as protocol upgrades, hard forks, airdrops, exchanges of one digital asset for another, or staking on the digital asset security?
   • How do any foundations play a role in the protocol's development, and to what extend does this centralize the operations of the network.

Relates tangentially to S-D767. 🖋️

Footnotes

1. In re internal dialogue with Ukrainian banks, incorporate status analysis. ↩

[JFWooten4]

For network governance, see quote from the Stellar Development Foundation's Chief Product here:

An interesting thing about Stellar is that it actually has like governance baked right into the protocol, right? And it's one of the first networks that... had a clear government structure. You have configuration variables, validators can can vote on them, there's a protocol upgrade, you know validators need to vote on them.

Which deeply implicates this in re action.