TechFlow reports that the Arbitrum Foundation has proposed a change to allow Orbit chains to be deployed on non-Ethereum networks such as Bitcoin, Binance Smart Chain, and Cosmos. Currently, Orbit chains are restricted to chains secured by Ethereum. The new proposal could increase revenue for Arbitrum DAO but may also impact Ethereum's ecosystem advantages.
If approved, the Arbitrum Foundation will be responsible for collecting a 10% share of chain profits from the new chains.
The proposal will undergo a temperature-check vote on Snapshot, with options to support, oppose, or abstain. If quorum is not reached, the current expansion plan will remain unchanged.
Add to Favorites
Share to Social Media
