ZKsync Rolls Out Decentralized Governance Model on Mainnet

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI


  1. ZKsync Mainnet Governance Launch
  2. ZKsync Governance Model Targets Decentralization
  3. Future Perspectives of ZKsync Governance Model

  4. ZKsync has officially announced the launch of its governance model with active smart contracts on the mainnet, enabling the community to participate in the decision-making process.

    ZKsync Mainnet Governance Launch

    ZKsync has officially launched its mainnet governance system, introducing a decentralized model where the community can participate in the decision-making process. Governance is structured around three main bodies: the Token Council, the Security Council, and the Guardians. Token holders can propose and vote on changes, while the Security Council reviews technical updates and the Guardians hold veto power to ensure all decisions align with the platform’s core principles.

    ZKsync Governance Model Targets Decentralization

    The new ZKsync mainnet governance model aims to achieve true decentralization. By distributing decision-making power between the Token Council, Security Council, and Guardians, the platform empowers the community to participate in shaping the future of ZKsync. Token holders and their delegates propose changes, while security experts review the code, and Guardians ensure every decision respects the values of the ecosystem.

    Future Perspectives of ZKsync Governance Model

    This governance launch follows the Era mainnet going live in March 2023 and the ZK token launch in June 2024. Despite the significant drop in daily transactions on the network, the governance system is designed to create a sustainable, community-driven future for ZKsync.

    The goal of ZKsync’s governance model is to prevent any single entity from having complete control and to foster a decentralized ecosystem that enables community-driven improvements and protects against governance misuse.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Payward Joins Project Glasswing to Boost Cybersecurity Efforts

chest

Payward, the parent company of Kraken, has joined Anthropics Project Glasswing to enhance cybersecurity by utilizing Claude Mythos 5 for identifying security vulnerabilities.

user avatarRajesh Kumar

Nvidia's Stock Shows Resilience Amid Analyst Optimism

chest

Nvidia's stock shows resilience with optimistic analyst ratings despite a minor decline.

user avatarFilippo Romano

Nvidia Announces Major Investment in OpenAI's AI Data Centers

chest

Nvidia plans to invest up to $105 billion to assist OpenAI in developing new AI data centers, securing significant computing capacity.

user avatarLucas Weissmann

Ethereum Developers Propose Changes for Privacy Pools

chest

Ethereum developers are considering proposals for privacy pools to pay their own transaction fees, focusing on Frame Transactions and ForkChoice Enforced Inclusion Lists for the 2027 Hegot upgrade.

user avatarEmily Carter

SpaceX's Historic IPO and Billionaire Backing

chest

SpaceX's IPO in June saw its stock price initially soar but has since faced volatility, with significant investments from billionaires.

user avatarTomas Novak

Strategy Halts Bitcoin Transactions for the Week

chest

Strategy did not engage in any Bitcoin purchases or sales last week, maintaining its holdings at 840,447 BTC.

user avatarKaterina Papadopoulou

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.