- Charles Hoskinson addressed the ADA community’s demands, discussing the inclusion of CIP-69 in the Chang Hard Fork.
- Hoskinson emphasized caution with off-roadmap changes to avoid disruptions while integrating CIP-69.
- CIP-1694 will revamp Cardano’s governance, introducing decentralized decision-making with the Voltaire era.
The founder of the Cardano, Charles Hoskinson, has just replied to the ADA community demands concerning CIP-69. This proposal will bring together arguments for all types of Plutus scripts already available on the Cardano blockchain to improve the development process.
Read CRYPTONEWSLAND on
google news
In his social media post, Hoskinson acknowledged the community’s growing interest in CIP-69 and revealed ongoing discussions among development teams. He hinted at the potential inclusion of CIP-69 in the imminent Chang Hard Fork, underscoring the developers’ commitment to minimizing delays.
Cautionary Note on Off-Roadmap Changes
While expressing support for CIP-69, Hoskinson issued a word of caution regarding off-roadmap alterations. He highlighted the risks inherent in such changes and stressed the importance of careful consideration to prevent potential disruptions. Despite these concerns, he reassured stakeholders of the development teams’ dedication to integrating CIP-69 into the upcoming hard fork.
The Chang Hard Fork, scheduled for later this year, represents a crucial step in Cardano’s progress toward decentralized governance. This update will introduce minimum-viable community-run governance, setting the stage for on-chain community consensus.
New Governance Structure for Cardano
Hoskinson also outlined the broader changes anticipated in Cardano’s governance structure with the arrival of the Voltaire era. This new phase will be characterized by community-driven decision-making and a comprehensive overhaul of the roadmap construction and ratification process through CIP-1694.
CIP-1694 is expected to be pivotal in shaping Cardano’s governance framework. It aims to establish key governing bodies and a blockchain constitution, marking a transition toward a more decentralized governance model for Cardano. The upcoming changes highlight the project’s ongoing commitment to evolving and improving its governance mechanisms.
Read Also:
disclaimer read moreCrypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
