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Gnosis Chain co-founder suggests reducing external dependence through GNO discussion

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It is reported that Martin K ö ppelmann, the co-founder of Gnosis Chain, put forward the discussion of GNO in Gnosis Chain at the Gnosis Governance Forum, aimi…

Gnosis Chain co-founder suggests reducing external dependence through GNO discussion

It is reported that Martin K ö ppelmann, the co-founder of Gnosis Chain, put forward the discussion of GNO in Gnosis Chain at the Gnosis Governance Forum, aiming to reduce the external dependence of Gnosis Chain and make it more flexible and secure. K ö ppelmann believes that GNO was originally cast on Ethereum, so it is native to Ethereum. GNO on Gnosis Chain comes from the cross-chain bridge contract. K ö ppelmann said that due to the risk of cross-chain bridge, Gnosis DAO could not forcibly destroy the total supply of GNO on Ethereum by code, and GNO cast by rewards on the Gnosis beacon chain could not be cast on Ethereum, it was proposed to change the real source of GNO from Ethereum to Gnosis.

Gnosis Chain co-founder proposed that GNO be issued on Gnosis Chain to reduce external dependence

Interpretation of the news:


Martin Koppelman, the co-founder of Gnosis Chain, recently brought forth a discussion about GNO at the Gnosis Governance Forum. The aim of this discussion was to reduce the external dependence of Gnosis Chain and make it more flexible and secure. According to Koppelman, GNO was originally cast on Ethereum and is considered native to Ethereum. GNO on Gnosis Chain comes from the cross-chain bridge contract.

However, Koppelman raised a concern regarding the risk of cross-chain bridge. Due to this risk, Gnosis DAO cannot forcibly destroy the total supply of GNO on Ethereum by code. He suggested that GNO cast by rewards on the Gnosis beacon chain could not be cast on Ethereum. Therefore, he proposed to change the real source of GNO from Ethereum to Gnosis.

This suggestion marks a significant shift of focus for Gnosis Chain. The change would allow Gnosis Chain to become more independent and flexible, giving it more control over its own ecosystem. Additionally, by reducing external dependence, Gnosis Chain can decrease its reliance on external platforms and prevent potential vulnerabilities.

It is important to note that this is not the first time Gnosis Chain has attempted to increase its independence. In 2017, Gnosis Chain embarked on a mission to create a decentralized prediction marketplace, calling it Gnosis. Gnosis offered users a platform to create and trade any event outcome in a decentralized manner.

Overall, Koppelman’s proposal to change the source of GNO from Ethereum to Gnosis shows Gnosis Chain’s commitment to improving its independence and security. By reducing reliance on external platforms, Gnosis Chain can increase its efficiency and protect against external vulnerabilities.

In summary, the Gnosis Governance Forum witnessed the suggestion of Martin Koppelman, the co-founder of Gnosis Chain, to reduce the external dependence of Gnosis Chain by discussing GNO. The suggestion aims to make Gnosis Chain more secure and flexible, and by changing the source of GNO from Ethereum to Gnosis, Gnosis Chain can achieve greater independence and control over its ecosystem.

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