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Polygon Labs Proposes New Process for Upgrading Smart Contracts

(2 hours ago) · 1 source · Summarized by CryptoBipto

Polygon Labs has published a draft proposal that would create a new pathway for upgrading smart contracts on the Polygon network. The proposal outlines changes to how contract upgrades are governed and executed. Details of the draft are still under community review.

WHY IT MATTERS

Smart contracts are programs that run on a blockchain and automatically execute rules — like a vending machine that follows instructions without needing a person to operate it.

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SOURCES

  • thedefiant.io

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