Skip to content

Commit

Permalink
Use numbered items
Browse files Browse the repository at this point in the history
  • Loading branch information
timothymcmackin committed Feb 27, 2024
1 parent 98a2972 commit 139b432
Showing 1 changed file with 6 additions and 6 deletions.
12 changes: 6 additions & 6 deletions docs/architecture/governance.md
Original file line number Diff line number Diff line change
@@ -1,7 +1,7 @@
---
title: Governance and self-amendment
last_update:
date: 22 February 2024
date: 27 February 2024
---

Tezos incorporates a built-in, on-chain mechanism for proposing, selecting, testing, and activating protocol upgrades without the need to hard fork.
Expand All @@ -14,12 +14,12 @@ This self-amendment process is separate from the less formal [Tezos Improvement

The self-amendment process is split into 5 periods, whose scheduling and operation are automatically handled by the protocol, as follows:

- Proposal period: delegates propose changes to the Tezos protocol by submitting proposals and upvoting protocol amendment proposals.
1. Proposal period: delegates propose changes to the Tezos protocol by submitting proposals and upvoting protocol amendment proposals.
If a quorum is met, the top-voted proposal moves to the next period.
- Exploration period: Users vote whether to consider the top-voted proposal
- Cooldown period: If a proposal is selected in the Exploration period, a Cooldown period starts before the final election is made. The community can continue testing the new protocol proposal and preparing their infrastructure, before the final decision is made.
- Promotion period: Users make a final vote on whether to apply the proposal
- Adoption period: Users adapt their code and infrastructure to the proposal, and at the end of the period it is activated automatically
1. Exploration period: Users vote whether to consider the top-voted proposal
1. Cooldown period: If a proposal is selected in the Exploration period, a Cooldown period starts before the final election is made. The community can continue testing the new protocol proposal and preparing their infrastructure, before the final decision is made.
1. Promotion period: Users make a final vote on whether to apply the proposal
1. Adoption period: Users adapt their code and infrastructure to the proposal, and at the end of the period it is activated automatically

Each period lasts five blockchain cycles (40,960 blocks at 30-second intervals or roughly 14 days, 5 hours), comprising roughly 2 months and 10 days.

Expand Down

0 comments on commit 139b432

Please sign in to comment.