• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

ZKsync Rolls Out Decentralized Governance Model on Mainnet

user avatar

by Giorgi Kostiuk

a year ago


  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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Owen Gunden Transfers 2,499 BTC to Kraken, Sparking Market Speculation

chest

Early Bitcoin investor Owen Gunden has transferred his entire remaining holdings of 2,499 BTC to the Kraken exchange, valued at 228 million.

user avatarMaya Lundqvist

Upbit Announces Temporary Suspension of 0G Transactions

chest

Upbit has announced a temporary suspension of deposits and withdrawals for ZeroGravity (0G) tokens due to an upcoming network upgrade.

user avatarLeo van der Veen

Economic Factors Driving Bitcoin Adoption

chest

The discourse around Bitcoin adoption is shifting from ideology to economic advantages as merchants seek to reduce transaction costs.

user avatarAisha Farooq

Bitcoin's Historical Demand Area and Future Trends

chest

Analyst Rekt Capital reveals a historical demand area for Bitcoin that could dictate its next major trend.

user avatarLi Weicheng

Ethereum Tests Critical Support Level Amid Market Volatility

chest

Ethereum is navigating a critical support zone as it hovers just above $3,000, with potential implications for future price movements.

user avatarTenzin Dorje

OCC Clarifies Crypto Use for US Banks in Blockchain Transactions

chest

The OCC has clarified that US banks can hold cryptoassets to pay for blockchain network fees during approved banking activities.

user avatarBayarjavkhlan Ganbaatar

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.