Polkadot announces the launch of a new governance system

The Polkadot team announced that in the future Polkadot will launch a new governance system called Governance version 2 (or Gov2). They plan to remove “Council” and replace it with “”Referendum,” a voting system in which everyone can make proposals and get them passed. The updated system will be launched on Kusama, Polkadot’s canary network, in the near future. Later, it will be rolled out to the main Polkadot network.