Aptos Governance proposal #206 in voting; quorum threshold not met
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AT A GLANCE
Aptos Proposal #206 proposes enabling encrypted transactions to reduce risks such as MEV frontrunning, but it is still under voting and has not reached the threshold.
Article
Aptos The proposal plans to enable an encrypted transaction pool to reduce frontrunning risk; the vote has not yet reached the threshold
PANews October 5 reported that Aptos governance proposal #206 is being voted on and proposes enabling ChunkyDKG V1 full mode and the encrypted_transactions feature. According to the design of AIP-144, users can choose to encrypt transaction contents before submitting transactions, and validators can collaboratively decrypt them after consensus determines the transaction order, reducing risks such as frontrunning. The vote will end on MEV October 6 end.Aptos governance page shows that the current yes votes are approximately 32586000 tokens of APT, which has not yet reached the 300000000-token APT voting threshold. The proposal is still in the voting stage and has not been formally approved.
The proposal plans to enable ChunkyDKG V1 full mode and the encrypted_transactions feature.
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According to the design of AIP-144, users can choose to encrypt transaction contents before submitting transactions.
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Validators collaboratively decrypt them after consensus determines the transaction order.
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The design aims to reduce risks such as MEV frontrunning.
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The vote will end on October 6.
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According to the report, the current yes votes are approximately 32586000 tokens APT, which has not yet reached the 300000000-token APT voting threshold.
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The proposal is still in the voting stage and has not been formally approved.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This proposal seeks to hide transaction contents first, then have validators jointly decrypt them after the transaction order is determined, making it more difficult for others to act in advance based on the transaction contents. However, this is only a proposal pending a vote and has not yet taken effect.
Why it matters to readers
If the proposal passes and is enabled, it may reduce risks such as MEV frontrunning; however, the original text only states its design objective and provides no evidence of actual operational results.
Beginners should regard it as a governance feature proposal rather than a security upgrade that has already launched; the current vote count still falls materially short of the threshold.
Risks and unknowns
The final voting result has not yet been determined.
Whether the proposal can reach 300000000 tokens APT in votes, the threshold, is not yet clear.
ChunkyDKG V1 full mode and the encrypted_transactions feature will be enabled has not yet been determined.
If enabled, the feature's actual deployment time, scope of applicability, and effectiveness in reducing frontrunning risk were not stated in the original text.
The original text did not provide Aptos a direct link to the governance page for independently verifying the vote count.
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Related concepts
ChunkyDKG V1
This term is not in the glossary yet. Browse related concepts in the glossary.