Hey everyone!
We have an update on the runtime upgrade:
After a couple of weeks testing the upgrade in our Amber Testnet, we are ready to move on to Mainnet.
Runtime Code will be updated by Thursday EOD 30th July (tomorrow) UTC time.
We recommend to have all the validators up and running with the new release by EOD Wednesday 5th August UTC time.
This upgrade mainly bundles support for ChainSafe Bridge Pallet. This enables to securely move assets from/to Centrifuge Chain <> Ethereum.
Since we need to whitelist trusted relayers to both networks, we will need to run another democracy referenda to do so.
To summarize on the next steps of the upgrade:
Runtime Upgrade (to be executed Thursday EOD 30th July) :
- Council motion for triggering democracy external majority voting for runtime code change preimage
- Council motion for democracy fastracking the external majority voting on above
- Public referenda voting for above (which will stay open for 3 hours), and upgrade will be executed after that period of time if voting pass
Add trusted Centrifuge ONLY bridge relayers (to be executed immediately after upgrade):
- Council motion for triggering democracy external majority voting for adding Centrifuge relayers ONLY
- Council motion for democracy fastracking the external majority voting on above
- Public referenda voting for above (which will stay open for 3 hours), and upgrade will be executed after that period of time if voting pass
Add trusted external bridge relayers (to be executed a few days after previous step):
- Council motion for triggering democracy external majority voting for adding external relayers
- Council motion for democracy fast-tracking the external majority voting on above
- Public referenda voting for above (which will stay open for 3 hours), and upgrade will be executed after that period of time if voting pass
Note that we are using the fast-track feature through the Council, this is not going to be the norm by any means. The main reason why we are doing this now is to push to have a stable chain as soon as possible, minimizing the impact of these changes on all the external services connected to it allowing Centrifuge to move a bit faster in the first months.
We will publish all the council motions proposed and their reasons, so it is visible and transparent to everyone allowing a more educated voting during the referenda phase.
There is no action item need on your side, except updating your validator nodes and if you want vote on the democracy referenda, for any of the above steps.
After the runtime upgrade is effective, there is no need to add this:
{
"Address": "GenericAddress",
"LookupSource": "GenericAddress"
}
anymore, since the UI will already be updated accordingly.
Thank you for your involvement and cooperation!
Cheers,