Prop 104: Pirin v0.5.3

Summary

This on-chain upgrade governance proposal is to adopt v0.5.3 for the Nolus Pirin mainnet which is currently running on v0.5.2. By voting "YES" to this proposal, you approve of adding these updates to the base layer protocol. This upgrade introduces:

• ibc-go v7.4.0

Changes

A complete changelog can be seen in the v0.5.3 release on github.

On-Chain Upgrade Process

When the network reaches the halt height, the state machine program of Nolus will be halted. The classic method for upgrading requires all validators and node operators to manually substitute the existing state machine binary with the new binary. Validators can coordinate with each other on Discord in advance of the release. Please use the "chat" channel under the "Validators" section. The target block for the scheduled update is 4922500 which should happen on the 17th of April, 2024 (Wednesday) at around 13:00 UTC. As a disclaimer, this is a rough estimate assuming an average block time of 5.75 seconds.