The proposal vote for the Cosmos Hub community "Gaia v16 software upgrade" will end on May 10

2024-05-08 13:49:23

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According to ChainCatcher news, the Cosmos Hub community is voting on the "Gaia v16 software upgrade" governance proposal, which will end on May 10.

It is reported that this version introduces the following new features: ICA controller submodule IBC, rate limiting module (with initial rate limits outlined in proposal 890), IBC fee module, and ICS epochs (part of ICS v4.1.0). After the governance vote is approved, the relevant binaries for Gaia v16.0.0 need to be updated and submitted to the Cosmos Hub, and the update process will take about two weeks.

In addition, according to the announcement released by Upbit supporting the Cosmos network "Gaia v16" upgrade, Upbit will suspend deposits and withdrawals for this network on May 15, and will resume them after the network upgrade stabilizes.

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