VNP-025 Add 17th validator to the network active set

🗳️ Governance Proposals Network Parameter Proposals
1

Summary:

Change parameter network.validators.tendermint.number to 17. The parameter network.validators.multisig.numberOfSigners would remain untouched and stay at 15.

Rationale:

This proposal is similar to the last expansion proposal available here .

The rationale shared here is still valid - the aim is to keep expanding to 20-25 validators over the next 3-6 months.

Closing and enactment is set for 3rd January 2024 to avoid the need for any “surprises” over Christmas.

Full Proposal JSON:

{
    "rationale": {
      "title": "VNP-025 Add 17th validator to the network",
      "description": "Change `network.validators.tendermint.number` from `16` to `17` to increase decentralisation of the network."
    },
    "terms": {
      "updateNetworkParameter": {
        "changes": {
          "key": "network.validators.tendermint.number",
          "value": "17"
        }
      },
      "closingTimestamp": 1704276000,
      "enactmentTimestamp": 1704279600
    }
  }
2

Lovali is favorable to the proposal: the long-term vision and the network security are top priorities for us.
Looking forward to collaborating with a new validator.

1 Like