[Aztec Completes Development of v5 Protocol Upgrade Code, Preparing for Governance Proposal Phase] According to Golden Finance, on June 30, privacy Layer 2 Aztec completed the development of the v5 protocol upgrade code and is preparing to enter the governance proposal phase. This upgrade is described as the largest since the launch of the Alpha Network, covering multiple core areas such as block construction, proof performance, penalty mechanisms, privacy protection, and node APIs, integrating a total of 13 AZIPs. The deployment process for the upgrade is the same as v4: anyone can deploy the new contracts, and after the sequencer signals support, token holders will conduct governance voting. Following an execution delay, the upgrade will officially take effect. Node operators can pre-deploy v5 nodes and remain on standby, automatically activating once the upgrade is executed.