Mainnet
Price$0.0528
Market Cap$30.39M
Volume 24h$17.15K

Proposal #21

v1.4.0 Software Upgrade
Yes
135,858,461 KYVE(58.76%)
No
0 KYVE(0%)
Abstain
95,349,552 KYVE(41.24%)
No with Veto
0 KYVE(0%)
Status
Passed
Deposits
25,000 KYVE
Vote Start
Nov 24 2023 03:53:05 PM (GMT+0)
Vote End
Dec 01 2023 03:53:05 PM (GMT+0)
Deposit End
Nov 24 2023 03:58:05 PM (GMT+0)

v1.4.0 Software Upgrade

PROPOSER: The KYVE Foundation ([email protected])

Proposal Summary

This software upgrade proposal, if passed, would upgrade the KYVE Mainnet network to version 1.4 featuring CosmosSDK v0.47 and the implementation of the new funders concept, as discussed here. After ample testing on the Kaon testnet, this upgrade is now proposed for mainnet.

Proposal Details

To make use of latest features and security patches, KYVE upgrades to the next major CosmosSDK version, which notably contains improvements to the governance, especially adding back the title and a summary.

As a second larger change, the funders concept was reworked. Funders now maintain their own identity and can set the amount they want to fund per bundle. This enables more flexibility and also makes it easier for funders to subsidize data pools, but not fully pay for the data pools.

The current tag for the release can be found here: https://github.com/KYVENetwork/chain/releases/tag/v1.4.0

Upgrade Process

When the network reaches the defined upgrade height (3908000), block production on the KYVE network will be halted. Block production will not resume until significant voting power has switched to the new release. Validators can either manually replace the old binary with the new one or utilize Cosmovisor to automate this process.

Voting Options

Voting YES

  • A YES vote on this proposal indicates that the KYVE network SHOULD be upgraded; and that the validators should start running the v1.4 release.

Voting NO

  • A NO vote on this proposal indicates that the KYVE network SHOULD NOT be upgraded; and that the validators should continue running the v1.3.x release.

Voting NO WITH VETO

  • A NO WITH VETO vote on this proposal indicates that the KYVE network SHOULD NOT be upgraded; and that the proposal depositors should be penalised.

Voting ABSTAIN

  • An ABSTAIN vote on this proposal indicates that you decline to give a specific opinion on this proposal while maintaining active governance participation.

Conclusion

The forum discussion for this proposal can be found here.

Please note that this proposal follows a template that will later be finalised through a governance discussion around processes.

Details
Votes
191
[
  {
    "@type": "/cosmos.gov.v1.MsgExecLegacyContent",
    "content": {
      "@type": "/cosmos.upgrade.v1beta1.SoftwareUpgradeProposal",
      "title": "v1.4.0 Software Upgrade",
      "description": "# `v1.4.0` Software Upgrade\n\n**PROPOSER:** The KYVE Foundation ([email protected])\n\n## Proposal Summary\n\nThis software upgrade proposal, if passed, would upgrade the KYVE Mainnet network to version 1.4 featuring CosmosSDK v0.47 and the implementation of the new funders concept, as discussed [here](https://commonwealth.im/kyve/discussion/13420-enhancing-kyves-funders-concept). After ample testing on the Kaon testnet, this upgrade is now proposed for mainnet.\n\n## Proposal Details\n\nTo make use of latest features and security patches, KYVE upgrades to the next major CosmosSDK version, which notably contains improvements to the governance, especially adding back the title and a summary.\n\nAs a second larger change, the funders concept was reworked. Funders now maintain their own identity and can set the amount they want to fund per bundle. This enables more flexibility and also makes it easier for funders to subsidize data pools, but not fully pay for the data pools.\n\nThe current tag for the release can be found here: https://github.com/KYVENetwork/chain/releases/tag/v1.4.0\n\n## Upgrade Process\n\nWhen the network reaches the defined upgrade height (`3908000`), block production on the KYVE network will be halted. Block production will not resume until significant voting power has switched to the new release. Validators can either manually replace the old binary with the new one or utilize [Cosmovisor](https://docs.cosmos.network/v0.47/tooling/cosmovisor) to automate this process.\n\n## Voting Options\n\n### Voting YES\n\n- A YES vote on this proposal indicates that the KYVE network **SHOULD** be upgraded; and that the validators should start running the [v1.4](https://github.com/KYVENetwork/chain/releases/tag/v1.4.0)  release.\n\n### Voting NO\n\n- A NO vote on this proposal indicates that the KYVE network **SHOULD NOT** be upgraded; and that the validators should continue running the [v1.3.x](https://github.com/KYVENetwork/chain/releases/tag/v1.3.0) release.\n\n### Voting NO WITH VETO\n\n- A NO WITH VETO vote on this proposal indicates that the KYVE network **SHOULD NOT** be upgraded; and that the proposal depositors should be penalised.\n\n### Voting ABSTAIN\n\n- An ABSTAIN vote on this proposal indicates that you decline to give a specific opinion on this proposal while maintaining active governance participation.\n\n## Conclusion\n\nThe forum discussion for this proposal can be found [here](https://commonwealth.im/kyve/discussion/14080-v140-software-upgrade).\n\nPlease note that this proposal follows a template that will later be finalised through a governance discussion around processes.",
      "plan": {
        "name": "v1.4.0",
        "time": "0001-01-01T00:00:00Z",
        "height": "3908000",
        "info": "{\"binaries\": {\"darwin/amd64\": \"https://github.com/KYVENetwork/chain/releases/download/v1.4.0/kyved_mainnet_darwin_amd64.tar.gz?checksum=sha256:a4b317de9d62b646f19f81cfe474ce757dd8b7be492a35fee473ee02ff3a8583\", \"darwin/arm64\": \"https://github.com/KYVENetwork/chain/releases/download/v1.4.0/kyved_mainnet_darwin_arm64.tar.gz?checksum=sha256:7903328aa0e3ee055c921a400d237b1489e9b43548dd1b02f671c8347c71fadf\", \"linux/amd64\": \"https://github.com/KYVENetwork/chain/releases/download/v1.4.0/kyved_mainnet_linux_amd64.tar.gz?checksum=sha256:948a3d1332c90bd2f461600ab7a813856cfd4d8173df2b8398faa3bd397c70d4\", \"linux/arm64\": \"https://github.com/KYVENetwork/chain/releases/download/v1.4.0/kyved_mainnet_linux_arm64.tar.gz?checksum=sha256:b99175297b29eac2ed9504b7052def85122542187f666687e9bf6b3f44b98281\"}}",
        "upgraded_client_state": null
      }
    },
    "authority": "kyve10d07y265gmmuvt4z0w9aw880jnsr700jdv7nah"
  }
]