Polygon Protocol Council
Over the last month, the Polygon community has helped to define a framework of decentralized, community-led governance for existing and future Polygon protocols. As Polygon 2.0 reimagined every aspect of the Polygon ecosystem, what governance 2.0 would look like for a Polygon ecosystem of ZK-powered L2s has also been under discussion. From articulating core values as proposed in the Three Pillars of Polygon Governance to suggesting specific processes, the community has driven the thinking beh...
Polygon Community Treasury Governance
Introduction: The growth and evolution of any blockchain ecosystem hinges on continuous innovation, particularly in developing projects that benefit the entire community. Capital, therefore, becomes pivotal in fueling ecosystem growth and ensuring long-term success. Recognizing this, the POL Whitepaper introduced the Polygon Community Treasury (CT), a fund to support ecosystem initiatives and public goods. But what exactly is the Community Treasury, and how does it function?Community Treasury (.
Polygon Protocol Council
Over the last month, the Polygon community has helped to define a framework of decentralized, community-led governance for existing and future Polygon protocols. As Polygon 2.0 reimagined every aspect of the Polygon ecosystem, what governance 2.0 would look like for a Polygon ecosystem of ZK-powered L2s has also been under discussion. From articulating core values as proposed in the Three Pillars of Polygon Governance to suggesting specific processes, the community has driven the thinking beh...
Polygon Community Treasury Governance
Introduction: The growth and evolution of any blockchain ecosystem hinges on continuous innovation, particularly in developing projects that benefit the entire community. Capital, therefore, becomes pivotal in fueling ecosystem growth and ensuring long-term success. Recognizing this, the POL Whitepaper introduced the Polygon Community Treasury (CT), a fund to support ecosystem initiatives and public goods. But what exactly is the Community Treasury, and how does it function?Community Treasury (.
Subscribe to Polygon Governance Hub
Subscribe to Polygon Governance Hub
Share Dialog
Share Dialog
<100 subscribers
<100 subscribers
A critical aspect of any blockchain ecosystem is the ability of a blockchain community to decide how the protocol is managed. Facilitating and socially coordinating upgrades to a blockchain network based on community feedback is what the Polygon Improvement Proposal (PIP) framework aims to accomplish.
The PIP framework provides a mechanism for the developer community to inform, propose, and gather technical feedback on new features. As a transparent and versioned repository, it enhances accountability, inclusion and self-governance by creating a historical record of all feature proposals, including their revision history and implementation progress.
For Polygon PoS, there is no single locus of control and all decisions are made by distributed consensus. For changes to clients that do not have full execution proofs an agreement among the parties providing the stake validating the network is the manner of enacting change. For changes to Layer 1 contracts, consensus amongst Protocol Council members is required, followed by staked tokenholder signaling. What PIPs add to the mix is a social coordination component to facilitate good decision making by that community consensus pool.
The blockchain space has a rich history of developing mechanisms for this coordination, starting with the first Bitcoin Improvement Proposal more than a decade ago that laid out the BIP framework. The Ethereum community borrowed heavily from that experience in creating its own Ethereum Improvement Proposal framework, which since has been used to enact major protocol changes including introduction of the non-fungible token standard, fee burning and the upgrade to Proof-of-Stake.
The PIP framework is modeled after the BIP and EIP approaches and builds on that rich heritage of learning. Here is all you need to know to get started.
PIPs describe standards and design specifications decided by the community for the Polygon network, including core protocol specifications, such as Heimdall and Bor chains of the Polygon PoS, client APIs, contract standards, and more. A PIP is a design document providing information to the Polygon community, or describing a new feature of the Polygon network or network processes.
Here's a high-level summary:
Anyone within the Polygon community has the ability to create a PIP.
A PIP provides a concise technical specification as well as the motivation behind the proposal.
The PIP author is responsible for reaching consensus within the community and documenting alternative opinions.
Most PIP authors are application or protocol developers as a well-formed PIP requires a high degree of technical detail.
The recent Delhi hardfork of the Polygon PoS aimed at reducing severity of gas spikes and addressed chain reorgs. PIP-4 and a framework for evaluating validator performance are additional examples of PIPs in action. But PIPs can come in a number of flavors:
Core: Changes that are not strictly necessary for reaching consensus but may still be pertinent to core components, such as Heimdall and Bor improvements.
Contracts: Upgrades to the core contracts deployed on Ethereum.
Interface: Improvements to client API/RPC specifications and standards, as well as some language-level standards like method names and contract ABIs.
Informational: Recommendations, information, or general thoughts on an issue posted to the broader community. An informational PIP does not require consensus of the validating stake, but it may be adopted by the larger ecosystem, for example, as a new token standard.
Step 1 - Publish your proposal on the Polygon Community Forum to engage with the community and gather their feedback. Authors should generally provide all relevant information here when drafting a PIP.
Step 2 - Create a pull request so that a PIP editor can either assign a number and status to your proposal or suggest changes to it. Your proposal is now officially ready for peer review.
Step 3 - PIPs are then peer reviewed and discussed in Polygon Builder Sessions, where the proposal is communicated to the larger community.
Step 4 - The 'Last Call' status will be assigned by editors to collect feedback over the following 14 days.
Step 5 - After all feedback has been taken into account, the final step lays the groundwork for the developer team to start prioritizing and implementing the PIP.
If the PIP author withdraws the proposal, it cannot be resubmitted under the same PIP number and will be considered as a new proposal if the idea is pursued at a later date.
The goal of PIPs is to facilitate community involvement in shaping the future of the Polygon PoS protocol by providing a forum for members to offer suggestions and vote on proposed changes, as well as to establish and promote new standards and recognize outstanding contributions from members of the community.
Head over to forum.polygon.technology to sign up and start participating in community discussions. Have further questions? Visit the FAQ page to read more. Tune into our blog and check out our social channels for the latest on the Polygon network ecosystem.
Together, we can build an equitable future for all through mass adoption of Web3!
Website | Twitter | Developer Twitter | Telegram | Reddit | Discord | Instagram | Facebook | LinkedIn
A critical aspect of any blockchain ecosystem is the ability of a blockchain community to decide how the protocol is managed. Facilitating and socially coordinating upgrades to a blockchain network based on community feedback is what the Polygon Improvement Proposal (PIP) framework aims to accomplish.
The PIP framework provides a mechanism for the developer community to inform, propose, and gather technical feedback on new features. As a transparent and versioned repository, it enhances accountability, inclusion and self-governance by creating a historical record of all feature proposals, including their revision history and implementation progress.
For Polygon PoS, there is no single locus of control and all decisions are made by distributed consensus. For changes to clients that do not have full execution proofs an agreement among the parties providing the stake validating the network is the manner of enacting change. For changes to Layer 1 contracts, consensus amongst Protocol Council members is required, followed by staked tokenholder signaling. What PIPs add to the mix is a social coordination component to facilitate good decision making by that community consensus pool.
The blockchain space has a rich history of developing mechanisms for this coordination, starting with the first Bitcoin Improvement Proposal more than a decade ago that laid out the BIP framework. The Ethereum community borrowed heavily from that experience in creating its own Ethereum Improvement Proposal framework, which since has been used to enact major protocol changes including introduction of the non-fungible token standard, fee burning and the upgrade to Proof-of-Stake.
The PIP framework is modeled after the BIP and EIP approaches and builds on that rich heritage of learning. Here is all you need to know to get started.
PIPs describe standards and design specifications decided by the community for the Polygon network, including core protocol specifications, such as Heimdall and Bor chains of the Polygon PoS, client APIs, contract standards, and more. A PIP is a design document providing information to the Polygon community, or describing a new feature of the Polygon network or network processes.
Here's a high-level summary:
Anyone within the Polygon community has the ability to create a PIP.
A PIP provides a concise technical specification as well as the motivation behind the proposal.
The PIP author is responsible for reaching consensus within the community and documenting alternative opinions.
Most PIP authors are application or protocol developers as a well-formed PIP requires a high degree of technical detail.
The recent Delhi hardfork of the Polygon PoS aimed at reducing severity of gas spikes and addressed chain reorgs. PIP-4 and a framework for evaluating validator performance are additional examples of PIPs in action. But PIPs can come in a number of flavors:
Core: Changes that are not strictly necessary for reaching consensus but may still be pertinent to core components, such as Heimdall and Bor improvements.
Contracts: Upgrades to the core contracts deployed on Ethereum.
Interface: Improvements to client API/RPC specifications and standards, as well as some language-level standards like method names and contract ABIs.
Informational: Recommendations, information, or general thoughts on an issue posted to the broader community. An informational PIP does not require consensus of the validating stake, but it may be adopted by the larger ecosystem, for example, as a new token standard.
Step 1 - Publish your proposal on the Polygon Community Forum to engage with the community and gather their feedback. Authors should generally provide all relevant information here when drafting a PIP.
Step 2 - Create a pull request so that a PIP editor can either assign a number and status to your proposal or suggest changes to it. Your proposal is now officially ready for peer review.
Step 3 - PIPs are then peer reviewed and discussed in Polygon Builder Sessions, where the proposal is communicated to the larger community.
Step 4 - The 'Last Call' status will be assigned by editors to collect feedback over the following 14 days.
Step 5 - After all feedback has been taken into account, the final step lays the groundwork for the developer team to start prioritizing and implementing the PIP.
If the PIP author withdraws the proposal, it cannot be resubmitted under the same PIP number and will be considered as a new proposal if the idea is pursued at a later date.
The goal of PIPs is to facilitate community involvement in shaping the future of the Polygon PoS protocol by providing a forum for members to offer suggestions and vote on proposed changes, as well as to establish and promote new standards and recognize outstanding contributions from members of the community.
Head over to forum.polygon.technology to sign up and start participating in community discussions. Have further questions? Visit the FAQ page to read more. Tune into our blog and check out our social channels for the latest on the Polygon network ecosystem.
Together, we can build an equitable future for all through mass adoption of Web3!
Website | Twitter | Developer Twitter | Telegram | Reddit | Discord | Instagram | Facebook | LinkedIn
Polygon Governance Hub
Polygon Governance Hub
No activity yet