Last-Minute Integration of CIP-69
Cardano founder Charles Hoskinson has confirmed the inclusion of Cardano Improvement Proposal (CIP) 69 in the upcoming Chang hard fork. This decision was made after considering community feedback and the demands of the Cardano Foundation.
Hoskinson emphasized that the late inclusion should not cause significant delays, but acknowledged the potential risks associated with roadmap changes.
Benefits of CIP-69
CIP-69 aims to simplify interactions within Cardano’s Plutus smart contracts by standardizing input arguments. This change eliminates the “mutual dependency issue,” which has hindered the development of decentralized applications on Cardano.
Chang Hard Fork Details
The Chang hard fork is expected in Q2 2023 and marks the transition to the “Voltaire” era of Cardano’s governance. It consists of two upgrades:
- Upgrade 1: Deploys governance features, including technical bootstrapping.
- Upgrade 2: Introduces full-fledged on-chain governance capabilities, such as voting and treasury withdrawals.
Post-Chang Roadmap Changes
Hoskinson highlighted the need for changes in the roadmap construction process after Chang. He encouraged community members to participate in working groups to ensure their preferences are considered in the new process.
Market Update
At the time of writing, ADA was trading at $0.452.
