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BAND $0.192 2.51% Market cap $35.5M

BCIP-16: Launching the First TSS Group on BandChain

Proposal #16 on Band

Band network: Day Nov 4 · Healthy

Typical fee 0.0008 BAND

Overview

Updated

Passed

Voting ended
Aug 5, 2025
Opened Jul 31, 2025
Submitted
Jul 31, 2025
Jul 31, 06:17 UTC
Deposit
1,010 BAND
Type
Transition group

Proposed by band1xz5zcr3c…edevhq

Votes

  • Yes 67.3M BAND
  • No 0 BAND
  • No with veto 0 BAND
  • Abstain 1.56M BAND

Description

This proposal aims to launch the first Threshold Signature Scheme (TSS) group on BandChain, using the bandtss module. The group will consist of 12 validators, and any message will require at least 8 signatures to be considered valid.

As this is the first TSS group, we are selecting validators who have worked closely with the Band Protocol team during the development and testing phases. Their familiarity with the system and continued collaboration make them well-qualified to help ensure a successful launch.

Initial validator set for the first TSS group:

Validator Name Address
Dijkstra band1r00x80djyu6wkxpceegmvn5w9nx65prgvpz48t
Kruskal band1f6htx23e4xfu0dkpa2ck2kk63la2ej94jwyvt7
Knuth band1wja9nds8klxcjurvxerdsun4t52zfjvqdy7837
Tarjan band1m88fha4982ev7smptzu8a7wvt8wkxdvf4cnf7x
Hamming band128dkddh98pfwdxg07t36fxedczthg0p2hmunsp
Sorawit band1ycs4g7xu8wmf7n4vwwtfsvhtfm7tekvw683qrf
Cosmostation band17d3uhcjlh4jyqcep82jfsrg8avsngklx2thhwr
Nansen band1c9ye54e3pzwm3e0zpdlel6pnavrj9qqvlrnumc
B-Harvest band1q894x7p4ugl3q5l47e8ksll5k5lmx74f2kap30
Forbole band14kn0kk33szpwus9nh8n87fjel8djx0y0z5sv0f
Stakecito band1p26kdh5fx24qz9xa5jtjje8ha8ee9q44l45mzn
Active Nodes band1nqmeykpnqdccxf2kfqnwszy748ll3qlzsen6pq

 

We sincerely appreciate the continued contributions of all validators in the BandChain community. Your support is essential to the growth and success of the network.

What it does

The message the chain carries out if it passes, as written in the proposal.

  1. Transition group band.bandtss.v1beta1 
    {
    "@type": "/band.bandtss.v1beta1.MsgTransitionGroup",
    "members": [
        "band1r00x80djyu6wkxpceegmvn5w9nx65prgvpz48t",
        "band1f6htx23e4xfu0dkpa2ck2kk63la2ej94jwyvt7",
        "band1wja9nds8klxcjurvxerdsun4t52zfjvqdy7837",
        "band1m88fha4982ev7smptzu8a7wvt8wkxdvf4cnf7x",
        "band128dkddh98pfwdxg07t36fxedczthg0p2hmunsp",
        "band1ycs4g7xu8wmf7n4vwwtfsvhtfm7tekvw683qrf",
        "band17d3uhcjlh4jyqcep82jfsrg8avsngklx2thhwr",
        "band1c9ye54e3pzwm3e0zpdlel6pnavrj9qqvlrnumc",
        "band1q894x7p4ugl3q5l47e8ksll5k5lmx74f2kap30",
        "band14kn0kk33szpwus9nh8n87fjel8djx0y0z5sv0f",
        "band1p26kdh5fx24qz9xa5jtjje8ha8ee9q44l45mzn",
        "band1nqmeykpnqdccxf2kfqnwszy748ll3qlzsen6pq"
    ],
    "authority": "band10d07y265gmmuvt4z0w9aw880jnsr700jrdn8wm",
    "exec_time": "2025-08-07T07:00:00Z",
    "threshold": "8"
}

How validators voted

A validator's vote counts for its delegators unless they vote themselves. Largest stake first.

Voting ended before BitBasic started recording Band votes on Oct 29, 2026, and the chain deletes votes when voting ends.