Overview

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Polkadot’s new governance model, Gov2, will decentralize the decision-making process on the network to encourage more open participation, and will allow any During the annual Polkadot Decoded gathering, Polkadot’s founder Gavin Wood announced an upgrade of the blockchain governance system to the Gov2 version. Polkadot’s next-generation governance system, known while in development as Gov2, aims to solve the issues with the current system. Dubbed Gov2, anyone would be able to start a referendum at any time for as many times as they wish in the new setup, similar to initiating new transactions on the blockchain. Gov2 se lanzará en Kusama de forma inminente, tras la auditoría profesional final de su código. Una vez probada en Kusama, se hará una proposal para que la red Polkadot and Kusama founder Gavin Wood has announced that the blockchain’s governance model will undergo a new transformation known as Gov2. Following Polkadot is getting a new on-chain governance model. The new Gov2 model aims to improve inclusivity and decentralization while increasing the number of La implementación de Gov 2 se realizará en primera instancia en Kusama, la red canaria de Polkadot. El objetivo de “Gov 2” es sustituir el actual gobierno dirigido por el

Polkadot Discloses New Governance Model Dubbed Gov2: Everything You Need to Know

Polkadot is getting a new on-chain governance model! During the annual Polkadot Decoded gathering, Polkadot’s founder Gavin Wood announced an upgrade of the blockchain governance system to the Gov2 version. This significant transformation, known as Gov2, aims to solve the issues with the current system and heralds a new era of decentralized decision-making.

What is Polkadot Gov2?

Polkadot’s new governance model, Gov2, will decentralize the decision-making process on the network to encourage more open participation. Polkadot’s next-generation governance system, known while in development as Gov2, aims to solve the issues with the current system.

Key Features of Gov2

Dubbed Gov2, anyone would be able to start a referendum at any time for as many times as they wish in the new setup, similar to initiating new transactions on the blockchain. This improvement in inclusivity and decentralization will substantially increase the number of participants and proposals considered.

Why Gov2? Addressing the Current Governance Challenges

The objective of “Gov 2” is to replace the current government directed by a select few, fostering a more community-driven approach to Polkadot's evolution. Gov2 aims to improve inclusivity and decentralization.

Gov2 Launch and Testing

Gov2 se lanzará en Kusama de forma inminente, tras la auditoría profesional final de su código. La implementación de Gov 2 se realizará en primera instancia en Kusama, la red canaria de Polkadot. Una vez probada en Kusama, se hará una proposal para que la red Polkadot implemente Gov2.

The Future of Polkadot Governance

Polkadot and Kusama founder Gavin Wood has announced that the blockchain’s governance model will undergo a new transformation known as Gov2. Following its successful implementation on Kusama, Gov2 promises a more vibrant and participatory future for the Polkadot ecosystem.