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News

ArbitrumDAO Proposes On-Chain Election Process For Increased Security

July 22, 2023 - Around 3 mins mins to read

Key Points:

  • The proposed changes to the ArbitrumDAO Constitution aim to provide flexibility for the start date of the Security Council election.
  • The motivation behind the proposal is to ensure the completeness and security of the election software, as well as to gain community confidence.
  • The revised Constitution also suggests that all future security elections should be performed via the on-chain election process.
The ArbitrumDAO Constitution proposes changes to the Security Council election start date to ensure confidence in the completeness and security of the election software.
ArbitrumDAO Proposes On-Chain Election Process For Increased Security

The ArbitrumDAO Constitution specifies that the first Security Council election should start on the 15th of September alongside a specification for the election. However, an on-chain implementation of the entire election is still a work in progress. The Arbitrum Foundation has sponsored the implementation of a smart contract suite by Offchain Labs, an extension of Tally’s user interface, and the respective audits.

To provide flexibility for the start date of the election, a proposal has been made to revise the ArbitrumDAO Constitution. If passed by a Constitutional Vote, the new start date will be on the 15th of September or the earliest possible date in which an on-chain election can begin.

The motivation to change the election’s start date is to provide time for the implementation to be completed, security audits to be performed, for the community to gain confidence in the quality of its performance, and for the Arbitrum DAO to vote on a separate Constitutional AIP to install an on-chain election system. The overarching goal is to allow the election to begin on the 15th of September, but it is prudent to provide leeway and ensure all parties, especially the Arbitrum DAO, are confident in the election software’s security and completeness.

The proposal suggests that the first and all subsequent security elections should be performed via the on-chain election process. However, the activation of the Security Council election is dependent on the complete implementation for the on-chain smart contracts, complete implementation of the user interface, and smart contract audit by a highly regarded auditing firm, all parties, including the Arbitrum DAO, have gained confidence in the implementation’s completeness and security, and successful Constitutional Vote by the DAO to install the new election software.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Arbitrum

Arbitrum DAO

Arbitrum Foundation

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Author

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.
News

ArbitrumDAO Proposes On-Chain Election Process For Increased Security

Key Points:

  • The proposed changes to the ArbitrumDAO Constitution aim to provide flexibility for the start date of the Security Council election.
  • The motivation behind the proposal is to ensure the completeness and security of the election software, as well as to gain community confidence.
  • The revised Constitution also suggests that all future security elections should be performed via the on-chain election process.
The ArbitrumDAO Constitution proposes changes to the Security Council election start date to ensure confidence in the completeness and security of the election software.
ArbitrumDAO Proposes On-Chain Election Process For Increased Security

The ArbitrumDAO Constitution specifies that the first Security Council election should start on the 15th of September alongside a specification for the election. However, an on-chain implementation of the entire election is still a work in progress. The Arbitrum Foundation has sponsored the implementation of a smart contract suite by Offchain Labs, an extension of Tally’s user interface, and the respective audits.

To provide flexibility for the start date of the election, a proposal has been made to revise the ArbitrumDAO Constitution. If passed by a Constitutional Vote, the new start date will be on the 15th of September or the earliest possible date in which an on-chain election can begin.

The motivation to change the election’s start date is to provide time for the implementation to be completed, security audits to be performed, for the community to gain confidence in the quality of its performance, and for the Arbitrum DAO to vote on a separate Constitutional AIP to install an on-chain election system. The overarching goal is to allow the election to begin on the 15th of September, but it is prudent to provide leeway and ensure all parties, especially the Arbitrum DAO, are confident in the election software’s security and completeness.

The proposal suggests that the first and all subsequent security elections should be performed via the on-chain election process. However, the activation of the Security Council election is dependent on the complete implementation for the on-chain smart contracts, complete implementation of the user interface, and smart contract audit by a highly regarded auditing firm, all parties, including the Arbitrum DAO, have gained confidence in the implementation’s completeness and security, and successful Constitutional Vote by the DAO to install the new election software.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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