CryptoSlate
An Optimism governance proposal published Nov. 5 would require at least 30 days of public notice before a Standard Rollup transfers upgrade authority from the shared Security Council. A Chain Governor could request that control move to an address of its choosing, allowing it or a third party to manage upgrades.
The Optimism Foundation would validate the request and publish a notice identifying the chain, its Chain ID and material layer-1 contract addresses. After the notice period, a qualifying transfer would not require a separate governance vote.
A completed handover would end the chain's Standard Rollup status and leave users relying on the new upgrade key holder's security model. The proposed Charter amendment remained subject to governance acceptance, and its GitHub amendment was open on Nov. 5.
Frequently asked questions
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How much notice would users receive before an upgrade authority transfer?
The proposal requires at least 30 days of public notice before the Security Council executes a qualifying transfer.
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Who would publish the notice for a proposed transfer?
The Optimism Foundation would validate the Chain Governor's request and publish the notice.
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What information would the transfer notice identify?
The notice would identify the chain, its Chain ID and material layer-1 contract addresses.
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Would each qualifying handover require a separate governance vote?
No. A transfer meeting the proposed policy's conditions would not require a separate governance vote after the notice period.
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What happens to a chain's status after a completed transfer?
The chain would cease to be a Standard Rollup, and users would rely on the new upgrade key holder's security model.
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