Include CosmWasm in Rho Upgrade

Summary

Signaling proposal to include CosmWasm on the Cosmos Hub in v8-Rho upgrade targeting Q2 2022. Further details and discussion at https://forum.cosmos.network/t/proposal-draft-include-cosmwasm-in-rho-upgrade/6243.

Details

This is a signaling proposal to include CosmWasm in the v8-Rho upgrade. The Cosmos Hub team at Interchain GmbH has done technical feasibility research by speaking with CosmWasm core contributors and validators to understand the burden of integration and believe it is technically feasible with resources in Interchain GmbH and Lido as well as regular advice meetings from Confio.

The instance of CosmWasm included on the Cosmos Hub will be governance gated and use Cosmos SDK v0.46.x. The governance feature set created by Confio, funded by Prop 25, works so that all of the wasmd Message types can be executed by the chain’s governance module. These messages all otherwise have configurations so that they can be executed by one account, any account, or no accounts. Each message type should be set to “no account” so that it is only possible to execute messages with Governance. One alternative possibility that needs further review is whether to allow “one account” and designate it as the new governance module account to take advantage of the new features in the governance module coming in v8-Rho.

CosmWasm on the hub comes with benefits and drawbacks that deserve serious attention. A summary and background of the topic has been posted to https://forum.cosmos.network/t/proposal-draft-include-cosmwasm-in-rho-upgrade/6243 where further discussion is taking place. Please visit and take these into consideration when voting.

Governance Votes

The following items summarize the voting options and what it means for this proposal:

YES - You approve this signaling proposal to include CosmWasm on the Cosmos Hub in v8-Rho upgrade targeting Q2 2022.

NO - You disapprove of this signaling proposal in its current form (please indicate why in the Cosmos Forum)

NO WITH VETO - You are strongly opposed to this change and will exit the network if passed.

ABSTAIN - You are impartial to the outcome of the proposal.