Charles Hoskinson, founder of the Cardano blockchain, has confirmed the inclusion of Cardano Improvement Proposal (CIP) 69 in the upcoming Chang hard fork. This announcement was carried out through X, focusing on adapting to community feedback and aligning with the requirements of the Cardano Foundation (CF).
Hoskinson detailed the decision process and its implications: “I saw the requests coming in for CIP-69. I spoke with the IOI delivery team, and they spoke with the Intersect people. There appears to be a strong demand in the community, and the CF has also been pushing for CIP-69 to be included in Chang.
The Cardano founder stressed that he does not expect a major delay due to the last-minute inclusion: “I don’t think this will add a significant delay to the delivery of Chang, but it is important to understand that out-of-band changes to the roadmap are always disruptive and introduce additional risks. That said, development teams will find a way to integrate CIP-69 into Chang.
CIP-69primarily written by developers in the Cardano ecosystem, aims to streamline interactions within Cardano’s Plutus smart contracts by standardizing input arguments across different script types: spend, certification, reward, and mint.
The main proposed change is the elimination of the data argument, an element often linked to validator locking. Instead, validators will only need a redeemer and the script context for execution, with the data accessed via the ScriptContext or by an extension in TxInfo’s Sending constructor.
This proposal addresses a critical design limitation known as the “mutual dependency problem”, in which two validators must know each other’s hash. This poses a significant obstacle to the development of safe and effective methods. decentralized applications (DApps) on Cardano, as it restricts design space and adds complexity to dApp architectures.
Chang hard fork of Cardano
THE Chang’s hard fork, which is expected to take place in the second quarter of this year, marks an important milestone in Cardano’s roadmap, the transition to the “Voltaire” era of governance. This era is characterized by a move towards decentralized governance structures, allowing the community to have more of a say in the development and financing of projects within the ecosystem.
Chang is divided into two main upgrades. Chang Upgrade Number 1: Initiates the deployment of governance features, starting with the technical bootstrapping phase as described in SIP 1694. This phase is crucial for establishing fundamental governance mechanisms.
Chang Upgrade Number 2 brings these mechanisms out of the seed stage and introduces full-fledged on-chain governance capabilities, such as delegated representative participation and cash withdrawals. This allows the Cardano community to not only vote on proposals, but also fund them, improving the sustainability of the ecosystem and responsiveness to user needs.
Hoskinson also highlighted the need for changes to the roadmap construction process after the change: “After the change, the entire process of building and ratifying a roadmap between hard forks needs to be overhauled to reflect the ability to use the CIP-1694 information action to approve. a candidate roadmap. There are several working groups intersecting to discuss this topic, and I encourage projects and community members to join and discuss to ensure their preferences and suggestions make it into the new process.
At press time, ADA was trading at $0.452.
Featured image of X, chart from TradingView.com
