MultiversX’s Barnard Governance Proposal is Now Live

The MultiversX team announced via X on Wednesday that the Barnard Governance Proposal is now live, with a voting period between June 9th and 19th. Barnard also introduces a fairer fee model for the protocol, sub‑second VM timing hooks, and a handful of features that remove friction from building on MultiversX.

With Barnard, anyone can submit a proposal by bonding 500 EGLD for the duration of the vote. Developers will enjoy;

• Sequential account iterator: new /address/iterate‑keys endpoint streams large account tries without manual pagination.
• Gas‑penalty factor dropped from 10× to 2×: gas overestimations are penalized sooner.
• VM hooks go sub‑second: apps now receive millisecond timestamps, unlocking real‑time mechanics.
• Go 1.23 tool‑chain & CI tweaks: faster builds, slimmer binaries.
• Reserved‑function flags & transfer‑with‑error support: richer smart‑contract UX.

MultiversX is a high-throughput public blockchain focused on providing security, efficiency, scalability, and interoperability by employing two key elements: Adaptive State Sharding and a new Secure Proof of Stake ("SPoS") consensus mechanism. EGLD is down 2.3% today and is trading at $15.67 at press time.