xGov v2.0.0 is now on mainnet

xGov v2.0.0 release is now on mainnet, and proposals are now unpaused. Here are the main changes:

• The minimum cap has been raised to 5 K Algo.
• The maximum cap has been raised to 300 K Algo.
• Voting sessions are now set to two weeks for all proposal sizes.
• The xGov quorum is now on a slid…

The xGov Council: Shaping the Future of xGov

In this day and age, considering the global nature of this ecosystem, it is increasingly less difficult to obtain a false identity to sneak into the council than to obtain and keep a good reputation as a pseudo-anonymous community member.

Qualifications that look good on paper are worth nothing compared…

I believe this needs to be structured into verticals of expertise like tools, wallets, defi, onboarding etc. This allows for better reviews of the proposal and helps distribute the load better. Council members should be able to submit proposals. If you’re asking some of the best builders to spend ti…

ARC-65 Distributed Oracle Agreement Standard

I’m planning to make a reference implementation, still thinking about the correct design, but if there are interested devs it would be nice to join efforts. I’ll use this thread to update everyone on the first draft of the implementation.

General Discussions

You’re very welcome. I value your opinion and the time you’ve taken to give feedback. I didn’t mean for my tone to come across dismissive or impatient.

Potentially it can, the concern is, does incentives cause a Cambrian explosion in node runners yielding a large data set which must be held for p…

Not at all unpopular. You’re right to be concerned, and there should be mechanisms to discourage this behavior and remove these nodes from consensus. Slashing and increased fees to rejoin consensus after getting das boot would be reasonable and likely effective measures.

Technical barriers to part…

Of course avoiding a stall is primary, however, the proposed limits are in line with the production mainnet stake topology today, where we would see stake representing ~5% of the active stake on a single node. This metric isn’t static either of course, as global stake grows so does the ceiling, by…

Most Node Pool Operators operate across multiple chains and are knowledgeable enough to develop their own solutions. I’m all for open-source, but if there’s a monetary incentive for node-running, companies will fund their own development of such platforms imo…

Some great points here, thanks for sharing your thoughts. We’re trying to balance the amount of Algo online (and the amount of nodes which we also want increased), with the cost of operating nodes for a large amount of stake.