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Two Enjin Chain Upgrades Submitted for Governance Approval

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

Two proposed upgrades to the Enjin blockchain have been submitted for governance approval. The upgrades are awaiting votes from the network's governance participants to determine whether they will be implemented.

WHY IT MATTERS

Blockchains need to be updated from time to time, much like how your phone's operating system gets software updates. However, unlike a phone where the company decides when to push updates, many blockchains use a system called 'governance' where the community of token holders gets to vote on whether changes should be made. Think of it like a town hall meeting where residents vote on proposed changes to local rules. Enjin is a blockchain platform primarily used in gaming and digital collectibles, and these two proposed upgrades would need enough 'yes' votes from the community before they can take effect.

Enjin, a blockchain platform focused on gaming and digital assets, has put forward two network upgrades that require approval through its on-chain governance process.

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SOURCES

  • cryptonews.com

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