Cosmos Hub’s v9 Lambda upgrade proposal has been voted

According to the news on February 22, according to the governance forum, the vote on the v9 Lambda upgrade proposal of Cosmos Hub has been opened. This upgrade aims to activate the Replicated Security function, which will enforce the good operation rules of inter-chain security (ICS). The vote will be closed on March 8.

Cosmos Hubs v9 Lambda upgrade proposal has been voted

Interpretation of this information:

The Cosmos Hub, a decentralized network that facilitates the transfer of value and communication between connected blockchains, is currently voting on the v9 Lambda upgrade proposal. The main objective of this upgrade is to activate the Replicated Security function, which will enforce the rules of inter-chain security (ICS). With this upgrade, Cosmos Hub aims to elevate its security standards and ensure better functionality of its network.

The Replicated Security function is a feature that will ensure that the rules of inter-chain security are followed and enforced at all times within the Cosmos Hub network. It will replicate and distribute security-related data across different nodes, making it more resilient to attacks or failures. This feature will ensure that the rules governing security are upheld, providing complete security for the network and its users.

The vote on the v9 Lambda upgrade proposal was opened on February 22, and it is expected to be closed on March 8. The decision to upgrade through the Replicated Security feature will be determined through a consensus method called Proof of Stake. All validators participating will have to cast their vote in favor or against the Lambda upgrade proposal. The upgrade proposal will only be considered approved if a minimum of 40% of active validators participate in the vote.

Cosmos Hub is committed to elevating its security standards continually. In line with this commitment, they are constantly upgrading their network to ensure that their users have a seamless and secure experience. With the Replicated Security upgrade, Cosmos Hub is reinforcing its commitment to security, and by extension, assuring its user of a secure platform.

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