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

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.

Interpretation of this information:

The co-founder of Gnosis Chain, Martin Koppelman, recently discussed the importance of reducing external dependence on Gnosis Chain in order to enhance its flexibility and security. He proposed changing the real source of GNO from Ethereum to Gnosis, arguing that GNO was originally cast on Ethereum and therefore native to Ethereum. GNO on Gnosis Chain comes from a cross-chain bridge contract, which Koppelman argues presents a risk that causes Gnosis DAO to be unable to destroy the total supply of GNO on Ethereum by code. Additionally, GNO cast by rewards on the Gnosis beacon chain cannot be cast on Ethereum, further highlighting the need for a change in the real source of GNO.

Koppelman’s proposal highlights the potential risks associated with cross-chain bridges, which often result in a lack of control over assets outside of their initial blockchain. This could leave Gnosis DAO unable to manage the total supply of GNO on Ethereum, thereby jeopardizing the security and flexibility of the platform. By suggesting a change in the real source of GNO from Ethereum to Gnosis, Koppelman aims to make Gnosis Chain more secure and flexible.

The proposal also highlights the importance of protecting assets from external dependence, which is especially important in the context of blockchain technology. Decentralization is a key feature of blockchain technology, but as we have seen with Gnosis Chain, this can sometimes result in external dependence on other platforms. By reducing this dependence, Gnosis Chain can remain more secure, transparent, and flexible – all essential features of a successful blockchain platform.