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In the Blockchain field, a new type of authorization protocol is gaining widespread follow. This protocol, developed by the Caldera system, aims to redefine the permission structure of Blockchain operations.
The core of the protocol lies in the use of ERA. ERA is not a cryptocurrency or financial product in the traditional sense, but rather a power mapping structure. Holding ERA means gaining a series of important system operation permissions.
According to the protocol, users must hold ERA to perform the following key operations:
1. Start a new Blockchain deployment
2. Become a validator and join the validator network
3. Participate in governance decisions, including submitting proposals and voting.
4. Perform system-level upgrade operations
This design cleverly ties system permissions to the amount of ERA held, ensuring that only participants who truly understand and invest in the system can influence significant decisions.
It is noteworthy that the process of obtaining ERA is described as signing an "on-chain usage contract" with the system, rather than a simple purchase. This phrasing emphasizes the responsibilities and commitments of ERA holders, rather than just a monetary transaction.
The launch of this protocol marks a significant innovation in the governance model of Blockchain. It not only provides a clear permission management framework for the Caldera system but also offers new ideas for the governance structures of other blockchain projects.
With the continuous development of Blockchain technology, similar innovative authorization mechanisms may become increasingly common, driving the entire industry towards a more decentralized and participatory direction.