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Proposal #2

Increase the number of active validators on the Fetch.ai mainnet

PassedParameter Change Proposal

Passed on 27 Dec 2021 with 98.7% of the votes for yes.

Yes

98.7%

98.7% without abstain

Veto

0.0%

of votes cast

Ended

27 Dec 2021

The ballotvotes cast · final tally
Yes

98.70%

of votes cast

Abstain

0.00%

of votes cast

No

1.30%

of votes cast

Veto

0.00%

of votes cast

The maximum number of validators on the Fetch.ai network should increase from 50 to 60 validators. This proposal will create space for ten additional active validators.

Benefits If accepted, this proposal will create an opportunity for new validators to join the network, thereby improving its decentralisation and security.

Costs Sixty validators is substantially lower than the 150 (as of 13-12-2021) that are active on the [Hidden link], which uses a similar consensus protocol. An increase in validator numbers is therefore not anticipated to cause any issues with liveness, block production rates or delays in transactions being finalised.

Timeline

  1. Submitted13 Dec 2021
  2. Voting started13 Dec 2021
  3. Voting ended27 Dec 2021
  4. Deposit deadline27 Dec 2021

Proposer

Address
Deposit2.0K

Rules

Not recorded for this proposal.