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Cardano's Governance: A Roadmap to Decentralization in 2024
Special Edition of the Newsletter!
Hey Cardanians! Welcome to a Special Edition of the Cardano Newsletter!!!
This edition is brought to you by Clarity DAO. They make cool and nice-looking governance and community management tools for Cardano projects.
We have a new special edition of the Newsletter!! Following our series of Governance articles, today we will talk about the Roadmap for Cardano Governance for the rest of 2024! Here is the article:
Cardano's Governance: A Roadmap to Decentralization in 2024
In the rapidly evolving world of blockchain technology, governance stands as a critical pillar of sustainable and decentralized ecosystems. Cardano, a leading blockchain platform known for its commitment to scientific rigor and community-led development, is stepping into a new era of governance with the launch of Intersect.
At its core, Intersect embodies a vision that transcends traditional governance models, offering a unique on-chain mechanism that empowers Cardano holders to directly shape the protocol's future. This innovative approach marks a significant departure from existing governance structures, positioning Intersect as a pioneering force in blockchain governance.
This article unfolds the roadmap ahead, charting the course towards a governance model that is both inclusive and decentralized, underpinned by the collective ambition and engagement of the Cardano community.
Key Governance Highlights for 2024
- The Cardano Constitution: The Path to Decentralized Governance
Scheduled for the next couple of weeks, a Draft of the Cardano Constitution will be published open to the Community’s feedback. The Constitution will define Cardano’s shared values and guiding principles for the years to come.
- Chang Hard Fork
Chang Upgrade #1: Schedule for Q2, it marks the inception of the bootstrap phase, this critical upgrade deploys essential governance features, inching Cardano closer to the envisioned model of minimum viable on-chain governance as outlined in CIP-1694.
- Empowering Global Participation
Constitution Global Workshop Series (2024): These workshops invite the global Cardano community to partake in thorough discussions about the draft of Cardano's Constitution, ensuring it reflects the diverse ethos and values of its members.
- Cementing the Governance Structure
Chang Upgrade #2 (2024): The concluding upgrade in this sequence solidifies the shift to a comprehensive minimum viable on-chain governance model, fully embraced by the Cardano community.
- Reflection and Strategy at the AMM
Annual Member Meeting (AMM, 2024): This inaugural meeting for Intersect members is a time for reflection on past accomplishments and strategic planning for the forthcoming year, signaling a crucial phase in Intersect's operational journey.
- Ratifying the Constitution
Constitutional Convention (2024): A crucial assembly where delegates will finalize and ratify the Constitution of Cardano before its community-wide on-chain approval, showcasing a united approach to governance.
- Decentralizing Governance Tools
Core Governance Tools Fully Decentralized (2024): This phase marks the transition of governance tool ownership and maintenance to the community, a milestone in Cardano's journey towards full decentralization.
- Community Consensus and Ratification
CIP-1694 Vote on Constitution (2024-2025): A landmark community vote on the Constitution via the CIP-1694 mechanism, allowing ADA holders to validate their governance framework and welcome a new era of decentralized governance.
This roadmap sketches a bold and ambitious trajectory towards establishing a governance system that not only champions decentralization but also mirrors the collective will and contributions of the Cardano community. As Intersect and its community advance, these milestones illuminate a shared dedication to inclusivity, transparency, and cooperative innovation.
References:
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A message from Lucas ✨
Hey! Told you we were taking governance serious, more exciting content to come soon! This roadmap its only a glimpse of all the governance content we have ready. Hope you enjoy it! See you on monday
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