The Failure of Solana’s SIMD-0228 Proposal: Governance Challenges Amidst Node Interests

The Failure of Solana's SIMD-0228 Proposal: Governance Challenges Amidst Node Interests

The most controversial proposal in Solana’s governance history, SIMD-0228, ultimately failed with less than 66.6% of votes in favor. This vote was not only a technical debate on inflation reform but also evolved into a battle of interests among validators. Leading players attempted to push for ecological efficiency upgrades, while smaller validators fiercely resisted for … Read more

Analysis of the Rejected SIMD 0228 Proposal: Solana’s Growing Pains and Transformation

Analysis of the Rejected SIMD 0228 Proposal: Solana's Growing Pains and Transformation

Author | Danny @IOSG Summary The SIMD 0228 proposal, a significant decision that recently stirred all participants in the Solana ecosystem, ultimately did not pass. The voting participation rate reached a historic high for Solana (nearly 50% of the total token supply), but the proportion of supporting votes was insufficient to meet the supermajority threshold … Read more