Polygon Proposal Integrates Security Committee with 8/11 Multi-Signature Threshold and 7-Day Time Lock

The Polygon community has released the PIP-93 proposal, which aims to consolidate the multi-signature of the Protocol Committee, Polygon PoS, and AggLayer/zkEVM Security Committees into a unified Security Committee, adopting a common 8/11 multi-signature threshold. This proposal is currently in the draft stage. The new committee will consist of 11 signers from 10 organizations, with Polygon Labs holding two seats and each of the other organizations holding one. The proposal intends to only disclose the names of member organizations, without revealing the identities and addresses of individual signers, in order to reduce the risks of social engineering attacks and personal coercion. Routine upgrades and management changes can be submitted by the Polygon Labs-operated multi-signature with a 5/9 threshold, and executed after a 7-day time lock, without needing to collect signatures from the Security Committee for each item; the Security Committee retains the authority to veto transactions during the time lock, bypass the time lock for immediate execution of changes, and restore paused contracts. The Polygon Labs-operated multi-signature can pause contracts but cannot bypass the time lock to execute upgrades or restore contracts.

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