• 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
191
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
Share76Tweet48

Related Posts

Crypto markets face review as CFTC names 35 member panel

Crypto markets face review as CFTC names 35-member panel

by shark
February 14, 2026
0

Analysts say adding crypto and prediction market leaders to the 35-member CFTC Innovation Advisory Committee may inform digital asset and...

Bitcoin holds range as CFTC convenes crypto CEOs on rules

Bitcoin holds range as CFTC convenes crypto CEOs on rules

by shark
February 13, 2026
0

CFTC Innovation Advisory Committee signals tighter derivatives oversight and spot fraud policing, with effects on stablecoins and crypto collateral use.

Bitcoin adds quantum risk plan as BIP 360 enters BIPs repo

Bitcoin adds quantum-risk plan as BIP-360 enters BIPs repo

by shark
February 13, 2026
0

Bitcoin devs added BIP-360, Pay-to-Merkle-Root (P2MR), post-quantum cryptography to the BIPs repo; data show fee, privacy trade-offs and migration risks.

Bitcoin tests 69000 as ETF flow data in focus

Bitcoin tests $69,000 as ETF flow data in focus

by shark
February 13, 2026
0

ETF flow data, miner supply and positioning show if Bitcoin $69,000 holds as support; analysts cite targets from Bernstein, Standard...

Bitcoin mining difficulty drops 11 as hashrate cools

Bitcoin mining difficulty drops 11% as hashrate cools

by shark
February 13, 2026
0

Data show Bitcoin mining difficulty, hashrate, hashprice: difficulty fell 11% as lower hashrate and record-low hashprice squeezed miners; next retarget...

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

  • Best 100X Coin: APEMARS Bursts Out With its Community-Driven Meme Coin Presale – Floki and TRUMP Lift Off
  • Crypto markets face review as CFTC names 35-member panel
  • Bitcoin holds range as CFTC convenes crypto CEOs on rules
  • Bitcoin adds quantum-risk plan as BIP-360 enters BIPs repo
  • Bitcoin tests $69,000 as ETF flow data in focus
  • Bitcoin mining difficulty drops 11% as hashrate cools
  • Bitcoin steadies as whale deposits to exchanges draw focus
  • Ether tests resistance as XRP ETF inflows shape Feb 13 view
  • 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