Ethereum Governance Gets an Upgrade: Tim Beiko Proposes Improvements

Ethereum developer Tim Beiko has proposed reforms aimed at enhancing the governance process of the network, according to a recent proposal published by Foresight News. This initiative focuses on streamlining the selection and implementation of major upgrades (hard forks), emphasizing clear objectives for each feature and limiting them to one per layer. The proposal introduces innovative strategies like employing a ‘barbell’ approach for community feedback and formalizing working groups dedicated to specific aspects. These changes aim to boost transparency and ensure more efficient decision-making, all while preserving Ethereum’s decentralized nature.