TechFlow news: REI Network, a lightweight EVM-compatible chain, announced on Twitter that it will conduct the REI DAO hard fork upgrade at block height 15,084,585, with an estimated upgrade time of 10:00 AM Beijing time on September 11. The upgrade includes the following:
- Optimizing node double-signing penalty logic: validators who commit double-signing will be immediately frozen and stopped from producing blocks. The fine amount will be jointly assessed by the community governance and developer committees, and the community will vote on governance proposals to make final decisions.
- Improving on-chain parameter governance mechanisms for the community: streamlining and enhancing transparency in governance processes, including public proposals, voting results, and decision-making. The establishment of the committee will grant users greater voting power to participate in on-chain governance.
- Support for BLS aggregate signatures: introducing BLS signatures, which significantly reduce block signature sizes compared to the previous ECDSA-SECP256k1 signatures. This upgrade brings the following benefits:
- Improved block broadcasting efficiency;
- Reduced block size;
- Enhanced security of validator account private keys;
- Reduced penalties for accidental block production halts;
- Improved RIP process to encourage community governance participation.
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