Cardano Community Approves Core Development Funding, Signaling Potential Advances in Network Upgrades
Main Idea
The Cardano community has approved core development funding to enhance scalability, security, and interoperability, empowering ADA holders to influence the network's evolution through decentralized governance.
Key Points
1. The funding will support upgrades like Ouroboros Leios for improved transaction throughput and Hydra for scalability and smart contracts.
2. Project Acropolis aims to modularize the network, benefiting developers and stake pool operators.
3. Community governance is emphasized, with a 73.93% vote in favor of the funding, fostering transparency and trust.
4. ADA holders can participate in governance by holding tokens, staying informed about proposals, and engaging in community discussions.
5. The upgrades align with the vision of a self-sustaining blockchain ecosystem driven by community consensus.
Description
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