Satoshi Protocol Layer2 launches, with on-chain computation and governance mechanisms upgraded
According to ChainCatcher, the Satoshi Protocol Layer2 settlement network was officially launched on April 6, featuring optimized upgrades in on-chain data statistics and computational capability.
On the technical side, Layer2 supports in-depth on-chain aggregated computation, allowing for a more accurate reflection of on-chain team size and business data, and enhances processing efficiency in complex scenarios.
In terms of governance, the protocol has transferred core permissions to a multi-signature contract and adopted a dual-track governance model in which developers and core community members each have a 50% share, with an execution threshold set at 65%, further enhancing the level of decentralization.
This upgrade completes the protocol's transition to community self-governance, providing technical and governance references for the DeFi sector.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Coca-Cola (KO.US) plans to invest 10 billions USD to strengthen U.S. facilities and logistics infrastructure
Coca-Cola announced on Tuesday that it plans to invest $10 billions in U.S. infrastructure between 2026 and 2030.
The yen broke below the 156 mark overnight as the Federal Reserve’s hawkish rate hikes pushed the Bank of Japan to a “high-pressure moment.”
After the Federal Reserve raised interest rates, the Japanese yen fell overnight to 156.42. The market is betting that the Bank of Japan will raise rates by 25 basis points on Friday. If the stance is dovish, the yen could fall further to 158 or even 160.
10-Yr Benchmark Govt Yields - Germany vs Other Nations
2-Yr Benchmark Govt Yields - Germany vs Other Nations
Crypto prices
More
