Hey everyone!
It was an amazing call! Some great questions and discussion on Law of Chains (contribute to the discussion here)!
Recording is here: August 1st Community Call Recording.mp4 - Google Drive
Recap:
- The VAST MAJORITY of the call was spent discussing the newly published Law of Chains.
- @ben-chain was with us to discuss and to answer questions
- Law of Chains doesn’t include operationalization, but instead outlines the stakeholders of the superchain and enumerates their rights
- For example, covers preventing censorship of users
- If ratified, it’s an addition to the working constitution of the collective
- We are moving from governing a single chain (OP mainnet) to governing a standard (the OP stack) on which all of these chains in the “Superchain” will follow
- This is a long term document meant to survive for many years
- Q & A
- Why isn’t governance mentioned (token/citizen house)?
- The document defines the relationship between governance as a whole and stakeholders
- Are existing partners (Base/Zora) bought in?
- yes and they are excited about it!
- Does this include chains that are forking current OP stack codebase?
- OP stack will still be open source and available to fork but this is specifically a higher open standard for chains to be a part of the Superchain
- This includes upgrades voted on by the OP Collective
- OP stack will still be open source and available to fork but this is specifically a higher open standard for chains to be a part of the Superchain
- What upgrades/params will be chosen by governance vs by the chains themselves?
- Specifics will continue to be fleshed out, but some settings (chain profit margin, the specific sequencing seem) will be available to be parameterized by chain governance.
- How will new chains be represented in governance?
- This is an ongoing discussion, however this happens will be transparent and approved by governance
- The security model should be homogenous across all chains in the Superchain. Users should be able to move from chain to chain without worrying about changing security surfaces.
- Will we have a chain house?
- For now, probably not, it adds much more complexity. However token house (economic) is a probably a good fit.
- Native bridges will be the same for all the chains
- What are the social contracts for delegates that need to be updated in order to manage new chains?
- Very important that governance has the least complexity possible, and we should do everything we can to shift governance into programatic/algorithmic protections.
- Why isn’t governance mentioned (token/citizen house)?
- Next call we will be diving deeper into the future of governance as outlined by this blog post! The Future of Optimism Governance — The Optimism Collective
Slides Link:
Michael