The proposal to incorporate permissioned CosmWasm into the $ATOM hub has its pros and cons. While the idea of focusing on governance improvements and MESH SECURITY is good, we need to be cautious about the complexities and security risks it might bring. To play it safe, it’s suggested to keep smart contracts limited to governance enhancement purposes, aligning with the vision we shared in our permissionless B2B2C network essay.
Considering the $ATOM hub’s central role in the broader Cosmos ecosystem, highlighted in the mentioned post, we should encourage innovation in interchain governance and Governance as a Service (GaaS). However, to maintain control, it’s crucial to set clear boundaries for CosmWasm usage, ensuring it stays within the intended scope. Moreover, requiring a supermajority vote for new contract deployments, rather than relying on regular governance factors, adds an extra layer of security and ensures broad community consensus before implementing new features. These suggestions aim to strike a balance between fostering innovation and maintaining security, in line with the strategic vision for the $ATOM hub.
