How to Vote for Cosmos Stargate Proposal #27 on Rainbow Wallet

IRISnet
IRISnet Blog
Published in
3 min readJul 23, 2020

The community might already be familiar with the transferring and staking processes on Rainbow Wallet; for those who still have questions, please refer to our articles on Transferring and Staking. Today, let’s take a look at how to use Rainbow Wallet to vote, one of the indispensable parts of the Cosmos Ecosystem.

As a decentralized and open network, Cosmos Hub gave its users the power to determine its own course. The ability to vote and make proposals are key to this process. Proposals are all initiated by the participants of Cosmos Hub, and whether or not they are able to pass is capable of altering the network.

You might already be aware that Cosmos Hub is looking forward to an upgrade of its main net. This upgrade is significant to not only the Cosmos Ecosystem but also the entire blockchain community. At this vital turning point, Cosmos Hub needs its most crucial member — — you.

Let’s take a look at Cosmos Stargate Proposal #27 and how to vote!

About Cosmos Stargate Proposal #27

This is a proposal that aims at the Cosmos Hub upgrade:

“Stargate is our name for the process of ensuring that the widely integrated public network known as the Cosmos Hub is able to execute the cosmoshub-3 -> cosmoshub-4 upgrade with the minimum disruption to its existing ecosystem. This upgrade will also realize the Internet of Blockchains vision from the Cosmos whitepaper.

Integrations from ecosystem partners are at risk of breaking changes due to the Stargate changes. These changes drive the need for substantial resource and time requirements to ensure successful migration. Stargate represents a unique set of circumstances and is not intended to set precedent for future upgrades which are expected to be less dramatic.

There is a widespread consensus from many Cosmos stakeholders that these changes to core software components will enhance the performance and composability of the software and the value of the Cosmos Hub in a world of many blockchains.

A Yes result on this proposal provides a clear signal that the Cosmos Hub accepts and understands the Stargate process and is prepared to approve an upgrade with proposed changes if the plan below is executed successfully.

A No result would force a reconsideration of the tradeoffs in the Alternatives section and the forming a new plan to deliver IBC”

The details of the original proposal can be found here:

https://ipfs.io/ipfs/Qmbo3fF54tX3JdoHZNVLcSBrdkXLie56Vh2u29wLfs4PnW

How to vote in Rainbow Wallet

  • Log in to your Cosmos Hub wallet
  • Press the “Vote” button
  • Once in “Proposal”, press on the Prop #27
  • Here you can visualize details and statistics of the proposal itself
  • Press “Vote” at the bottom and cast your vote
  • Press “Next” to confirm

* Remember that voting requires you to have deposited in the wallet the minimum to cover the gas of the transaction (0.005 Iris).

Above is the tutorial for how to vote for Rainbow Wallet. Please go ahead and cast your vote on Cosmos Stargate Proposal #27 if you haven’t done so already. If you are looking to install Rainbow Wallet, please scan the QR code below.

Thank you for reading! Please CLICK the clap button 👏 if you like our story.

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IRISnet
IRISnet Blog

Built with Cosmos-SDK, IRISHUB enables cross-chain interoperability while providing modules to support distributed business systems.