ZKSync Empowers Community: Mainnet Governance System Goes Live
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Ethereum layer-2 scaling solution zkSync has officially launched its ZKSync governance system, enabling community members to contribute directly to the protocol’s development.
As stated by ZKSync, the system is designed to uphold the ZK Credo’s core values, highlighting the right to fork or exit and the community’s ability to trustfully verify decisions trustlessly.
According to the ZKSync announcement, the governance model incorporates multiple safeguards to ensure longevity and adaptability.
The team stated in their announcement;
“The ZKSync governance system is built to last, with autonomously enforced safeguards to address risks and ensure the protocol continues to evolve even in the face of adversarial conditions,”
The ZKSync governance framework is structured around three independent bodies: the Token Assembly, the Security Council, and the Guardians. This tripartite system highlights a separation of powers and checks and balances, with no single entity holding unilateral power over protocol changes.
Alex Gluchowski, co-founder and CEO of Matter Labs, the firm behind ZKSync, said, “ZKSync is shipping,”
“The ZKSync governance system just went live. It’s raising the bar for decentralized governance systems that are built to last.”
The announcement noted that the token Assembly comprises token holders who delegate their voting power to representatives. This body can propose and vote on protocol upgrades directly on-chain.
They also stated that delegates can opt to join the ZKSync Association, a non-profit organization designed to
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