SShortSingh.
Back to feed

Solana launches on-chain governance with 100,000 SOL validator entry threshold

0
·1 views

Solana has introduced a formal on-chain governance system called Solana Governance Proposals, allowing network participants to collectively shape the blockchain's direction. Validators and their stakers can now officially signal their preferences for network decisions. To submit a governance proposal, a validator must have at least 100,000 SOL staked behind it. Notably, individual stakers retain the power to override their validator's vote, giving delegators a direct voice in governance outcomes.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
Crypto & Web3CoinDesk ·

OpenAI Said to Offer U.S. Government a 5% Stake in the Company

OpenAI, the company behind ChatGPT, is reportedly in discussions to offer the U.S. government a 5% ownership stake, according to the Financial Times. The proposal is designed to give American citizens a financial interest in the growing artificial intelligence industry. The move is also seen as a strategic effort by OpenAI to reduce political pressure and regulatory scrutiny facing the AI sector. Details of the discussions, including their current stage or timeline, have not been fully disclosed.

0
Crypto & Web3CoinDesk ·

Metaplanet Expands Bitcoin Treasury to 43,000 BTC With $170M Purchase

Japanese investment firm Metaplanet has acquired an additional $170 million worth of Bitcoin, further growing its cryptocurrency reserves. The purchase brings the company's total Bitcoin holdings to 43,000 BTC, cementing its position as the world's third largest publicly traded Bitcoin holder. The move is part of Metaplanet's ongoing strategy of using Bitcoin as a core treasury asset. The company also reported improved revenue from its Bitcoin Income Generation operations following the latest acquisition.

0
Crypto & Web3CoinDesk ·

Taiko Restores Cross-Chain Bridge 10 Days After $1.7M Hack

Blockchain protocol Taiko has fully restored its cross-chain bridge just ten days after suffering a $1.7 million hack. The recovery involved a multi-stage process that included an independent security review to verify the system's integrity. The swift restoration has apparently boosted investor confidence in the project. Following the recovery, the TAIKO token surged by as much as 136% in recent trading sessions.

Solana launches on-chain governance with 100,000 SOL validator entry threshold · ShortSingh