ENS DAO Approves the Establishment of a New Security Committee; 5-of-8 Multi-Signature Mechanism Can Veto Malicious Proposals
Svmuu News: The ENS DAO has approved a proposal to activate a new Security Committee for a two-year term. The committee consists of eight members and holds veto power, allowing it to revoke a proposal during the waiting period after a malicious proposal has been passed but before it is executed. The committee’s authority is limited to canceling transactions within the time lock; it cannot access treasury funds, submit proposals, or rewrite approved proposals. The committee may exercise its powers only under emergency conditions specified in its charter. ENS notes that governance itself can become a potential attack surface: voting rights can be borrowed to launch attacks, proposal code can conceal malicious behavior, and compromised credentials can be used to push harmful transactions. The new committee employs a 5-of-8 multi-signature mechanism, requiring at least five members to agree before a proposal can be revoked; its two-year term must be extended via a DAO vote.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Samsung Electronics is down 4.44% from its previous close, now trading at ₩231,250.
-
2
SK Hynix is up 5.58% from its previous close, now trading at ₩1,570,000.
-
3
Samsung Electronics fell 5.99% from its previous close, now trading at ₩227,500.
-
4
Nikkei Asia: Iranian separatists intensify attacks and seize territory in response to a potential full-scale US assault.
-
5
China's tech stocks lose luster as STAR 50 Index plunges over 40% from July peak, CATL falls 37% YTD amid AI profit doubts
-
6
What is FLOW? An Analysis of the Flow Blockchain Ecosystem and Its Current Status
-
7
LS Cable subsidiary Gaon Cable secures W120b ($90m) US AI data center cable deal
-
8
Obama criticizes Trump's Iran war, citing US vulnerability and rising oil prices
-
9
Iran's Islamic Revolutionary Guard Corps claims to have shot down a US-made MQ-1 drone near the Strait of Hormuz.
-
10
Thailand's Kasikornbank taps AI to expand wealth management customer base
Markets Today
Recommended Reading



