PIP-23: Upgrading to Paloma v1.0.0 on Testnet-15

Governance
1

PIP Name: PIP-23: Upgrading to Paloma v1.0.0 on Testnet-16

Status: Proposed

Author(s): @LARRY

Type: Signaling Vote

Discussions-to: PIP-23: Upgrading to Paloma v1.0.0 on Testnet-15

Created: 03/14/2023

Simple Summary

We are calling for a mainnet signaling vote to upgrade Paloma to version 1.0.0 on a fresh new testnet, Testnet-16 with reset state for community validators.

Abstract

We ask the Paloma community to support the engineering team in deploying a new test chain (Testnet-16) that will run on Paloma version 1.0.0. Paloma version 1.0 will come with a number of upgrades including:

  1. Paloma’s Cosmos-SDK from version 0.45.11 to 0.45.13
  2. Pigeon validator set Valset ID query upgrades
  3. Compass-EVM validator set ID event emission for faster message relay to BNB chain

This upgrade will also test state export of the current Paloma testnet-15 state so that the community can exercise a state export and recover the network with a new chain-id.

Motivation

  1. To upgrade Paloma Comos-SDK to 0.45.13
  2. To upgrade Pigeon relayer for improved performance on BNB chain
  3. To exercise the community for planned upgrade of Paloma mainnet.

Specification Overview

This is signal vote from the validator community to approve the deployment of Testnet-16 to run Paloma v1.0.0

Technical Specification

How to Vote on the Proposal

palomad tx gov vote 6 yes \\
--chain-id=messenger \\
--from <Your Paloma Address> \\
--fees 400ugrain \\
-b block
-y

If the proposal passes, the Paloma team will deploy Testnet-16 with the upgraded Paloma v1.0.0.

Rationale

This software upgrade is to ensure that Paloma is following best security practices.

About Paloma

Paloma Protocol is a Cosmos-SDK blockchain protocol custom-built for omnichain communication that allows permissionless controls of any contract on any chain. Built by Volume, Paloma delivers the world’s first intelligently scheduled and automated smart contract transaction execution for the Cosmos ecosystem. The protocol enables developers to remotely control the transmission of value without the need to wrap, bridge tokens, or trust validators with their digital assets. Led by founding members of Sommelier, Paloma is building the primary communication layer of Web3.

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