The problem with Cross-Chain Governance

Protocols are deploying on many chains and the multichain world is here to stay. A Decentralized and secure cross-chain governance solution is needed for this new reality, but is hard to do well. DAOs have tried different approaches for effective cross-chain governance, but to-date, they have all been some combination of complex, resource-intensive, and/or insecure. The best solution for this right now requires two components: a secure messaging channel and a standardized interface for accepting cross-chain calls. Nomad and Gnosis have provided the best solution for providing a secure cross-chain messaging and a standardised interface so that DAOs can scale to cross-chain governance seamlessly without sacrificing decentralisation & security.

SPEAKER

Odysseas.eth

EVENT

EthCC[5]

Date

7/20/2022

CATEGORY

Developer Tools

TYPE

Workshop

LANGUAGE

EN

Developer Tools videos