The basic team of Cardano programmers received permission to pay 96 million ADA from the Treasury to prepare for the proposed network updates.
Global entrance (IOG) – the main team of Cardano programmers – made an equivalent of $ 71 million in Cardano (ADA), which passed With 74% in favor, representing 200 votes, with six opposite and seven abstaining, in accordance with management activities.
The 12-month development plan focuses on improving scalability, experience of programmers and interoperability.
Despite this, it drew some concern about the community about costs, general responsibility and transparency.
The update includes faster transactions, better implementation
Financing will be based on milestone, and the Cardano CenterStect membership organization acted as an independent administrator.
Payments will be issued as the updates are delivered, and other supervision through knowledgeable contracts and a dedicated committee, According to To iog.
IOG must publish monthly updates, engineering work sheets and quarterly budgetary failures.
Some of the key projects in the IOG proposals include hydra, a protocol of swift, low-cost transactions and Project Acropolis, modular re -architecture of the Cardano node for greater flexibility and easier implementation of novel programmers.
The average cost of Cardano is currently 0.34 ADA, According to to the research company Blockchain, Messari, with an average of 20 seconds per block.
In addition, IOG wants to reduce RAM consumption and reduce operating costs of the rate pool operators by optimizing performance and implementation of technical foundations in order to obtain more advanced knowledgeable contracts and trouble -free interoperability.
Cardano’s voices of the costs regarding costs, transparency
Tim Harrison, Vice President of the Community and Ecosystem in IOG, said on Saturday that for the first time the community directly authorized basic funds for Cardano development.
Some members of the community before voting resonant Fears of the financing costs, the transparency of how funds will be spent and responsibility for providing what was promised.
Some also asked Should the proposal be divided into smaller purposes with separate budgets requiring individual votes for each item.
Related: Hoskinson promises an audit, he is “deeply wounded” by USD 600 million claims regarding the treasury of Cardano
A competitive proposal for the Cardano (TSC) control committee, which was ultimately not approved by Intesect.
Adam Rusch, member of the Council of Directors of Ventsect, he said In the post of April 28 to X, the community should decide which support proposal.
Other blockchains also update
Cardano is not the only blockchain working on updates this year.
The Solana network increased its block capacity by 20% 22 July, increasing the limit to 60 million computing units (Cu) with plans for further expansion before the end of the year.
The Ethereum gas limit was increased to almost 44.92 million July 22, According to to Ycharts. A higher gas limit allows Ethereum to process more transactions into a block.
In addition, Pectra Challenging Fork Ethereum will start on May 7, increasing the number of data stains to the block and limit of the validation pond, among others. Another update, Fusak, is planned for the end of 2025.
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