Ethereum Layer 2 network ZKSync has unveiled a new “community-driven” governance system called ZK Nation. The introduction of ZK Nation coincides with the project’s plans to conduct its token generation event and an airdrop this month, which is expected to further decentralize the network.
According to the new system’s blog post, the community is “driven by a shared purpose to govern, defend, and grow the ZKSync protocol.”
The new governance system will enable ZKSync token holders to actively participate in the protocol’s development by introducing proposals, voting on protocol upgrades, and deliberating on network parameter changes. ZKSync is developed by Matter Labs, a protocol development firm which recently came under fire from the crypto industry for its zero-knowledge trademark bid.
