• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Polygon has proposed establishing a “Protocol Council” to oversee the update method

October 20, 2023
in Crypto News
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

What is the MUX (MCB) protocol?  Decentralized trading platform with perpetual contract

What is the MUX (MCB) protocol? Decentralized trading platform with perpetual contract

November 22, 2023
Decentralized Synthetic Derivatives Protocol

Decentralized Synthetic Derivatives Protocol

November 21, 2023

Polygon Labs proposes to PIP-29 to create a “Protocol Council” composed of 13 core members with the authority to make adjustments to wise contracts.

Polygon has proposed establishing a Protocol Council to oversee thePolygon has proposed establishing a “Protocol Council” to oversee the update method

Second PIP-29 Published on October 19, typical adjustments to wise contracts will call for seven/13 consensus, though emergency adjustments will call for ten/13 consensus.

The checklist of board members incorporates:

  • Detective on the Chain ZachXBT
  • Mudit Gupta, head of security at the variety
  • Head of Coinbase Protocol Operations Viktor Bunin
  • Sommelier Finance founder Zaki Manian
  • Daily Gwei host Anthony Sassano
  • Ethereum Foundation researcher Justin Drake
  • Polygon zkEVM co-founder Jordi Baylina
  • President of Ethereum France Jerome de Tychey
  • Liz Steininger, CEO of protection advisor Least Authority
  • Gauntlet on-chain threat auditor
  • Data supplier L2Beat
  • And some other members.

1697780579 815 Polygon has proposed establishing a Protocol Council to oversee theList of members of the Protocol Council

Due to the relevance of the means to improve wise contracts to Polygon’s architecture, the Protocol Council will perform a purpose in making certain protection and a smooth transition amongst upgraded versions.

The Polygon two. update is anticipated to roll out in the initial half of 2024. Currently, the Polygon advancement workforce is constructing a multi-layer two decentralized network primarily based on zero-know-how engineering.

Changes affecting Polygon’s infrastructure will be implemented by the Gnosis Safe contract. The method for this kind of adjustments will respect the regulatory framework and will be transparent, in accordance to an official statement.

Notably, this governance mechanism will perform independently of the present leadership local community governance mechanism, established by on the internet voting.

Coinlive compiled

Maybe you happen to be interested:

Join the discussion on the hottest difficulties in the DeFi market place in the chat group Coinlive Chats Let’s join the administrators of Coinlive!!!

Tags: CouncilestablishingoverseePolygonprocessProposedProtocolProtocol Councilupdate
Share76Tweet47

Related Posts

bitcoin reclaims 70000 etf demand

Bitcoin reclaims $70,000 as ETF inflows point to demand

by shark
March 10, 2026
0

Bitcoin reclaims $70,000: what changed and why it mattersbitcoin reclaims $70,000 after a risk-off stretch that pressured liquid assets broadly....

bitcoin reserves fall as etfs

Bitcoin exchange reserves fall as ETFs, treasuries custody

by shark
March 10, 2026
0

Flow data shows Bitcoin exchange reserves decline as spot Bitcoin ETFs and corporate treasuries custody coins, shrinking liquid float and...

oil steadies trump hormuz escorts

Oil steadies as Trump eyes Hormuz escorts, DFC cover

by shark
March 10, 2026
0

Strait of Hormuz, U.S. Navy escorts, war risk insurance: analysts cite effects on tanker flows, premiums and oil supply under...

ussd tokenized treasuries cctp

USSD leverages tokenized Treasuries as CCTP enables mints

by shark
March 9, 2026
0

1:1 Treasuries backing enables USDC mint/redeem; CCTP convertibility supports cross-chain liquidity. USSD stablecoin, tokenized U.S. Treasuries, Circle CCTP

bitcoin nears 1m supply halving

Bitcoin nears final 1M supply as halving cuts subsidy

by shark
March 9, 2026
0

Data shows only 1 million bitcoin left as issuance slows on the halving schedule; analysts cite rising transaction fees versus...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Bitcoin steadies as Binance Bitcoin Index claim checked
  • Bitcoin reclaims $70,000 as ETF inflows point to demand
  • Bitcoin exchange reserves fall as ETFs, treasuries custody
  • Oil steadies as Trump eyes Hormuz escorts, DFC cover
  • USSD leverages tokenized Treasuries as CCTP enables mints
  • The 4 Best Cryptos To Buy This Quarter: BlockDAG, Solana, XRP & Avalanche Stand Out!
  • Bitcoin nears final 1M supply as halving cuts subsidy
  • Bitcoin marks 20 millionth coin mined as supply hits 95%
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7