According to Governance Interface, on October 15th, the cryptocurrency interoperability project Axelar launched an expansion plan proposal. The proposal suggests short-term, medium-term, and long-term scalability plans to maintain a strong and decentralized technical infrastructure. Short-term plan: modify the network's inflation parameters. At the same time, introduce a gas burning mechanism to offset inflation and further maintain the network's strong decentralization; Medium-term plan: transition to establishing connections within virtual machine smart contracts and replacing inflation rewards with a clear reward pool for each new chain; Long-term plan: expand the use of more lightweight client connections as appropriate.
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