Solana Expands Validator Power With Launch of On-Chain Governance

TheNewsCryptoPublicado a 2026-07-02Actualizado a 2026-07-02

Resumen

Solana has formally launched its on-chain governance system, empowering token holders and validators with a more open and decentralized way to influence major protocol decisions. Governance debates and voting are now conducted entirely on-chain using the new Solana Governance Proposals (SGP) framework, supported by stake-weighted voting and cryptographic verification. Validators with at least 100,000 SOL in delegated stake can submit an SGP. To proceed to a formal vote, a proposal must first gain support from at least 15% of the network's total staked SOL, ensuring only ideas with significant backing move forward. SGPs serve a distinct purpose from the technical Solana Improvement Documents (SIMDs). While SIMDs focus on *how* to implement protocol upgrades, SGPs determine *whether* the broader ecosystem believes a proposal should proceed, via an on-chain, stake-weighted vote. This separation allows core developers to continue building effectively while reserving community-wide votes for impactful decisions. A key feature grants delegators greater control: they can now override their validator's governance vote. If a validator votes against a delegator's preference or abstains, the delegator can cast a vote directly using their own stake weight through Solana's governance portal. The voting process is secured using Merkle proofs to verify participant stakes against an on-chain consensus snapshot. With this implementation, Solana aims to broaden community participation in g...

With the formal launch of its eagerly anticipated on-chain governance system, Solana now offers token holders and validators a more open and decentralised means of influencing important protocol decisions. Governance debates and voting are now fully conducted on-chain. It is supported by stake-weighted voting and cryptographic verification, with the recently implemented Solana Governance Proposals (SGPs).

Additionally, any validator having a delegated stake of at least 100,000 SOL is able to submit an SGP using the new structure. To ensure that only proposals with significant support forward, each proposal must first receive support from at least 15% of the network’s total staked SOL before going to a formal vote.

SGPs Split Community Choice From Technical Building

While Solana Improvement Documents (SIMDs) remain the standard process for technical protocol changes, SGPs serve a different purpose. SIMDs focus on answering how protocol upgrades should be implemented through technical review by core developers.

SGPs, on the other hand, decide whether the larger ecosystem thinks a proposal should proceed, and an on-chain, stake-weighted vote makes the ultimate decision. Additionally, it reserves community-wide voting for proposals that have a major influence on the ecosystem. This distinction enables developers to continue building effectively.

Delegators Gain Greater Control Over Governance

One of the most notable additions is the ability for delegators to override their validator’s governance vote. The validator votes against a delegator’s preference or chooses not to vote at all. And the delegator can cast a vote directly using their own stake weight through Solana’s governance portal.

Merkle proofs secure the voting process by verifying each participant’s stake against a consensus snapshot recorded on-chain. Also, this method relies on specialised governance algorithms that deliver verifiable weights for stakeholders before the actual voting takes place.

As Solana implements on-chain governance, it is able to include more members of the community in governance without compromising the development process.

Validators proposing the governance proposal, stakeholders voting with their stakes, and delegators enjoying full sovereignty. Solana is applying a particular governance model that combines decentralisation and efficiency of protocol development.

Crypto Market Highlights

Dogecoin (DOGE) Hangs Above Key Support: Can $0.068 Hold Against the Bears?

Preguntas relacionadas

QWhat is the main purpose of Solana's newly launched on-chain governance system?

AThe main purpose of Solana's on-chain governance system is to offer token holders and validators a more open and decentralized means of influencing important protocol decisions through governance debates and stake-weighted voting conducted fully on-chain.

QWhat is the minimum delegated stake required for a validator to submit a Solana Governance Proposal (SGP)?

AA validator must have a delegated stake of at least 100,000 SOL to submit a Solana Governance Proposal (SGP).

QHow do Solana Governance Proposals (SGPs) differ from Solana Improvement Documents (SIMDs)?

ASolana Improvement Documents (SIMDs) focus on the technical implementation of protocol changes through developer review, while Solana Governance Proposals (SGPs) are used to decide whether the larger ecosystem thinks a proposal should proceed, with the ultimate decision made by an on-chain, stake-weighted vote.

QWhat new ability do delegators have in the on-chain governance system regarding their validator's vote?

ADelegators have the ability to override their validator's governance vote. If a validator votes against a delegator's preference or does not vote, the delegator can cast a vote directly using their own stake weight through Solana's governance portal.

QWhat mechanism is used to secure the voting process and verify each participant's stake?

AThe voting process is secured using Merkle proofs, which verify each participant's stake against a consensus snapshot recorded on-chain.

Lecturas Relacionadas

After Snagging a Nobel Laureate, Anthropic Poaches Berkeley CS Department Head, Recruiting Four Top Talents in Two Weeks

In a stunning move, Anthropic has recruited Jelani Nelson, the chair of UC Berkeley's prestigious EECS Computer Science Division and a leading theoretical computer scientist, on a leave of absence. This follows a two-week hiring spree where Anthropic also secured Nobel laureate John Jumper and two key Gemini researchers from Google. Nelson's expertise in streaming algorithms, dimensionality reduction, and randomized algorithms—fundamentally about processing vast data with minimal resources—directly addresses core challenges in large language models: training efficiency, data compression, and computational complexity. His work on the Johnson-Lindenstrauss lemma underpins modern vector search and embedding compression. Anthropic's recruitment signals a strategic shift in the AI race from merely scaling models to optimizing foundational algorithms for efficiency. This "leave of absence" model, exemplified by figures like Fei-Fei Li, is becoming a mainstream talent pipeline, allowing scholars to retain academic positions while gaining industry access to unprecedented compute and real-world problems. The recent talent war has escalated from poaching between AI firms to raiding top university departments, with Berkeley being a prime target. As OpenAI and Anthropic near potential IPOs, offering pre-IPO equity, they are effectively becoming parallel research institutions. The competition's focus is now descending to the theoretical bedrock of algorithms.

marsbitHace 1 min(s)

After Snagging a Nobel Laureate, Anthropic Poaches Berkeley CS Department Head, Recruiting Four Top Talents in Two Weeks

marsbitHace 1 min(s)

Bitcoin price reclaims $60K – Is BTC’s rally more than just a short squeeze?

Bitcoin has reclaimed the $60,000 level, reigniting debate on whether a bottom is in. The rally triggered a short squeeze with over $126 million in short liquidations, but analysts note it appears more substantial. Recent long liquidations are seen as healthy deleveraging, flushing out excess and creating a cleaner market structure for a potential sustained move. Macro sentiment is improving, with the STRC Index surging over 17% this week, suggesting renewed institutional interest. Furthermore, significant Bitcoin ETF outflows may indicate late-stage capitulation, leaving the market less crowded. Together, these factors suggest the current rally could be the beginning of a broader market reversal rather than just a short-term squeeze.

ambcryptoHace 1 min(s)

Bitcoin price reclaims $60K – Is BTC’s rally more than just a short squeeze?

ambcryptoHace 1 min(s)

A Year Consumes a Solid-State Drive: Codex Log Bug Slammed as 'Slopware'

OpenAI's flagship AI coding tool, Codex, was found to have a critical bug causing its feedback logging system to silently and rapidly wear out users' SSDs. A developer reported that Codex was writing approximately 640 TB of data per year to a local SQLite database (`logs_2.sqlite`) through a constant cycle of inserting and immediately deleting log entries, primarily at the verbose TRACE level. While the database file itself remained around 1 GB, the underlying write-amplification from SQLite's WAL mechanism meant the physical SSD endured the full write load. This was enough to exceed the typical 600 TBW endurance rating of a consumer SSD within a year. The root cause was a hardcoded default logging level (`Level::TRACE`) in the configuration, which overrode any user attempts to reduce logging via environment variables. Analysis showed that over 96% of the logged data—including noisy WebSocket packet dumps and repeated system file events—was useless debug information. The issue, which had at least nine related bug reports in the Codex repository, remained latent because it didn't visibly consume disk space, only silently accumulated write cycles. After the report gained traction on Hacker News, OpenAI merged fixes estimated to reduce writes by about 85%. However, even post-fix, the tool would still write an estimated 96 TB annually. The incident sparked broader criticism of "slopware" in AI-assisted development tools, highlighting a lack of resource budgeting for disk, CPU, and memory in always-on agent software, and a reliance on modern hardware to mask inefficient code. Competing tools like Claude Code were noted to have similar issues.

marsbitHace 13 min(s)

A Year Consumes a Solid-State Drive: Codex Log Bug Slammed as 'Slopware'

marsbitHace 13 min(s)

Robinhood Chain Mainnet Launch Ignites Industry Shockwaves: Rally of Top Protocols, but Leaves dYdX in a Deep Pit

Robinhood's launch of its Layer 2 blockchain, Robinhood Chain, and a suite of new crypto products has significantly impacted the market. The announcement, made ahead of its Q2 earnings, caused the company's stock to rise 8.35%. The chain, built on Arbitrum Orbit, aims to be an institutional-grade, AI-native infrastructure optimized for Real World Assets (RWA). Key product launches include tokenized stocks available globally via various DEXs, perpetual contracts with fee incentives, and a decentralized lending product called Robinhood Earn offering yields on USDG stablecoin. The company is also expanding its AI trading tools to crypto. The move has attracted major protocols like Uniswap and Chainlink to its ecosystem. However, a partnership with dYdX to launch a new DEX called Arcus on Robinhood Chain sparked controversy. The dYdX community expressed concerns that the core team's focus on this new, independent platform could divert resources and liquidity away from the existing dYdX Chain, potentially diluting the value of the DYDX token. Despite assurances from dYdX's founder about shared interests and potential future token allocations for the dYdX community, the DYDX token price dropped roughly 40.7% following the news. Amidst slowing crypto revenue growth, Robinhood is leveraging its large user base and financial expertise to expand globally and transform from an internet broker into a broader financial gateway through its new blockchain initiative.

链捕手Hace 14 min(s)

Robinhood Chain Mainnet Launch Ignites Industry Shockwaves: Rally of Top Protocols, but Leaves dYdX in a Deep Pit

链捕手Hace 14 min(s)

The Trillion-Dollar Credit Market Leveraged by Stablecoins, Stuck in Off-Chain Risk Control

**Stablecoins Fueling Trillion-Dollar Private Credit Market, Hampered by Off-Chain Risk Management** This article examines how interest-bearing stablecoins are replicating the business model of money market funds to democratize access to the $2 trillion private credit market, while highlighting the significant risks posed by inadequate off-chain risk controls. Historically, private credit investments had high minimums (e.g., $1 million+) due to costly due diligence and loan servicing. Stablecoins like Apollo's ACRED and Figure's YLDS are bridging this gap. They tokenize institutional credit funds, allowing small investors to gain exposure and enabling new functionalities like using these tokens as collateral in DeFi for leveraged yield. The on-chain private credit market has grown 15x in a year to $5.87 billion, yet remains a tiny fraction of the global total. However, the core challenge is not blockchain technology but managing the inherent risks of lending, which occur off-chain. The failure of Goldfinch, a pioneer in on-chain private credit, serves as a stark warning. It raised funds in crypto (USDC) to lend to small businesses in markets like Kenya and Nigeria. While smart contracts handled fund distribution, critical functions—local due diligence, monitoring loan use, and debt collection—relied on off-chain partners. A major breach, where a local partner misappropriated nearly 40% of funds, went undetected for months. When borrowers defaulted, crypto depositors had no effective legal recourse or means to seize assets, leaving $56 million trapped in non-performing loans with a projected 8-15 year recovery timeline. The article concludes that tokenization addresses only 10% of the credit business—the distribution. The remaining 90%—rigorous risk assessment and collection infrastructure—is expensive and localization-dependent. Without solving these fundamental off-chain challenges, the sector risks repeating Goldfinch's collapse.

Foresight NewsHace 58 min(s)

The Trillion-Dollar Credit Market Leveraged by Stablecoins, Stuck in Off-Chain Risk Control

Foresight NewsHace 58 min(s)

Trading

Spot