Cardano ADA Community Approves 73.93% Core Funding Milestone

Cardano’s ADA community has achieved a historic milestone by directly approving core development funding for the first time, marking a significant step toward decentralized governance. The Input Output Engineering (IOE) protocol roadmap proposal, which outlines a series of major upgrades, was approved with 73.93% of votes, reflecting a strong consensus among stakeholders [2]. This event solidifies Cardano’s transition into a self-sustaining, community-driven network.

Charles Hoskinson, the founder of Cardano, expressed his appreciation for the community’s support, stating, “Thank you everyone for your support and trust. Let's get it done” [1]. This milestone follows the implementation of the Chang and Plomin upgrades, which enabled a fully decentralized and self-sustaining network. The recent approval of the funding proposal is a clear indication of the community’s commitment to long-term protocol advancement [2].

The approved roadmap includes several key developments aimed at enhancing scalability, developer experience, and interoperability. Ouroboros Leios is set to improve performance while maintaining security and decentralization. Hydra, a protocol designed for ultra-fast and low-cost transactions, will support real-time applications and microtransactions [1]. Mithril enhancements aim to reduce bootstrapping times and provide better client support, thereby increasing accessibility. Nested transactions will form the technical foundation for more advanced smart contracts and cross-chain capabilities [1].

Project Acropolis will involve a modular rearchitecture of the Cardano node, enabling greater flexibility and faster onboarding for core developers. Additionally, performance optimizations such as faster sync times, lower RAM usage, and reduced operational costs for stake pool operators are expected to further improve the network’s efficiency [1]. These upgrades reflect a consensus-driven vision for Cardano’s future, with the community playing a central role in decision-making.

The approval of the IOE funding proposal highlights a growing trend in blockchain networks toward decentralized governance models, where stakeholders directly influence key developments. The Cardano community’s engagement demonstrates the platform’s maturity and the increasing relevance of on-chain governance in the broader crypto ecosystem [2]. With the implementation of these upgrades, Cardano is poised to enhance its utility and adoption in the months ahead [1].

Source: [1] Cardano Founder Reacts to ADA Community Historic ... (https://u.today/cardano-founder-reacts-to-ada-community-historic-governance-milestone)

[2] Cardano Community Approves IOE Roadmap Proposal ... (https://iohk.io/en/newsroom/from-roadmap-to-reality-cardano-community-approves-ioe-roadmap-proposal-unlocking-a-new-era-of-decentralized-delivery/)