Sirius 1.6 Protocol Upgrade for MultiversX Governance

Sommaire :

The Sirius 1.6 protocol update represents a significant step forward for MultiversX, bringing operational improvements and an evolution in governance. Let’s take a look at the main features of this update, designed to streamline operations and strengthen governance processes.

Sirius 1.6 not only brings technical improvements, it also marks the beginning of a governance voting process for MultiversX.

This signifies a shift towards a more decentralized approach to decision-making. For more details on the governance voting process, please refer to the MultiversX documentation.

Version content

Optimizing consensus signature verification: streamlining verification processes

Introduction of a feature that optimizes CPU usage during consensus signature verification, ensuring a more efficient and responsive system.

Resolver redesign: Solving technical debt for greater stability

Resolve technical debt by dividing the functionality of the resolver component, contributing to a more stable and robust system.

Multiple key support: Enhance node security and flexibility

Enable nodes to sign with multiple keys, improving the security and flexibility of each shard.

PubKey converter redesign: Improved error handling and readability

Improved error propagation and support for single human-readable parts for sovereign chains, improving overall reliability and code readability.

Governance v3: revolutionizing decision-making

Implementation of a new intelligent voting contract with features such as MinQuorum, MinPassThreshold and MaxDuration for proposals, marking a paradigm shift in decision-making processes.

DNS v2: Extended smart contract functionality

Introduction of new features such as saveUserName and deleteUserName, accessible via smart contracts on whitelisted lists, expanding application development possibilities.

WebSocket Outport driver: enhanced performance and versatility

Redesign of the WebSocket driver to improve performance and versatility in data transmission, ensuring fast, reliable communication.

Synchronization of missing Trie nodes: Enhanced network repair capabilities

Enhanced network repair capabilities by synchronizing missing nodes, contributing to a more resilient and reliable network infrastructure.

Balancing data trials: Optimizing data storage

Implementation of hash storage (key) for balanced data trials, introduction of a migration function for better data management and storage optimization.

Sharded Persister: Efficient data access management

Adds the ability to divide storages across multiple directories for improved data access, contributing to more efficient data management.

Trie Sync optimizations: Streamlining data synchronization

Parallelizes the Trie Sync process, improving overall data synchronization efficiency for seamless operations.

VM Integration v1.5: Advances in smart contract processing

Incorporates features such as Multi-async and ManagedBigFloats into the smart contract processor, enhancing the platform’s capabilities for advanced smart contract execution.

Status package redesign: improved code readability

Improves code readability by restructuring account implementations, ensuring a more understandable and maintainable code base.

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Complete archive redesign: Optimization of node connection and response cycles

Redesign of the complete archive solution to optimize node connection and response cycles, contributing to a seamless user experience.

VM query with block coordinates: Precise query execution

Support for VM query execution based on specific block coordinates, enabling a more precise and targeted approach to data retrieval.

Testing and test networks: Ensuring operational reliability

The Sirius v1.6 release has undergone meticulous testing, including end-to-end, integration and differential testing. Validators and builders can participate in a pre-release upgrade test on the main network via the public test network, guaranteeing the robustness and reliability of the release.

Find out more: Sirius 1.6 detailed overview

For a complete understanding of the contents of the Sirius 1.6 software update, explore Agora – MultiversX Forum. Detailed information on the governance voting process is available here.

Understanding the governance framework

What is governance?

Governance democratizes decision-making and aligns the interests of all participating parties by giving them a say in the future direction of the protocol.

Who can vote?

Random snapshots of staked EGLDs were taken between 12.11 and 21.11. All users holding at least 1 staked EGLD at the time of the snapshot can vote.

IMPORTANT NOTE: the more EGLDs you have staked during the snapshot period, the greater your voting power.

How many days will the vote last?

The voting procedure for this proposal will extend over 10 periods, from 23.11 to 03.12.

Comment les votes seront-ils exprimés ?

Yes: You agree that the MultiversX protocol should be updated with this version.
No: You do not agree that the MultiversX protocol should be updated with this version.
Veto: A ‘NoWithVeto’ vote indicates that a proposal is considered spam, disproportionately harms minority interests or violates MultiversX governance rules.
Abstention: Registers your vote as NEUTRAL for the switch, contributing to a fair and democratic decision-making process.

How can the proposal be adopted?

For a proposal to be adopted, a simple majority is required: more than 50% of votes must be UpVotes.

Conclusion

The Sirius 1.6 protocol update marks a strategic move towards operational efficiency and decentralized governance for MultiversX.

As stakeholders, your participation in the governance vote is key to shaping the future of this dynamic blockchain ecosystem.

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