Aztec completes development of v5 protocol upgrade code, preparing to enter governance proposal phase
Foresight News reports that privacy L2 Aztec has completed the development of v5 protocol upgrade code and is preparing to enter the governance proposal phase. This upgrade is described as the largest since Alpha Network launched, covering several core areas including block construction, proof performance, penalty mechanisms, privacy protection, and node API, with a total of 13 AZIP integrated.
The upgrade deployment process is the same as v4: anyone can deploy the new contract, after the sequencer signals support, token holders conduct a governance vote, and it takes effect officially after an execution delay. Node operators can pre-deploy v5 nodes and remain on standby, with automatic activation upon upgrade execution.
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