This document summarizes trends in internet governance over the past 20 years. It explores how internet governance has become (1) more democratic through increased global connectivity and participation, though some governments still seek to assert cyber-sovereignty; (2) decisions are increasingly made through multistakeholder processes but this model has not been universally adopted; and (3) security concerns have grown but government responses risk conflict and unintended consequences like BGP hijacking. The document argues these trends both present opportunities and challenges for the future governance of the internet.