Following Polygon June announcement that it was moving to protocol version 2.0, an on-chain framework also needed to be redefined in relation to the decision-making processes of crypto project stakeholders in response to security and upgradeability needs
Yesterday, with PIP-29, the Ethereum layer-2 community proposed the establishment of a “protocol board” to manage and govern regular and emergency updates with variable expiration of the Polygon system’s smart contracts
This is an important step forward toward achieving scalable, decentralized governance that minimizes the trust required toward a single entity and maximizes the deliberative power of the community.
The proposal will be formalized in the coming days.
Polygon: the proposal for a “protocol council” to update smart contracts in the crypto ecosystem
On 12 June 2023, Polygon shared with its community the idea of a new decentralized ecosystem architecture 2.0, with which the foundation was laid for the creation of
We współpracy z: https://en.cryptonomist.ch/2023/10/20/polygon-crypto-community-proposes-protocol-advice/
