{"id":19345,"date":"2024-12-09T16:42:03","date_gmt":"2024-12-09T14:42:03","guid":{"rendered":"https:\/\/forklog.com\/en\/cardano-delegates-approve-blockchain-constitution\/"},"modified":"2024-12-09T16:42:03","modified_gmt":"2024-12-09T14:42:03","slug":"cardano-delegates-approve-blockchain-constitution","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/cardano-delegates-approve-blockchain-constitution\/","title":{"rendered":"Cardano Delegates Approve Blockchain Constitution"},"content":{"rendered":"<p>During a three-day event in Argentina, delegated representatives (DReps) of the Cardano community voted on and signed a <a href=\"https:\/\/github.com\/IntersectMBO\/draft-constitution\/blob\/main\/2024-12-05\/draft-constitution-converted.md\">constitution<\/a> for the blockchain ecosystem.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Live now: Cardano Constitutional Convention \u2014 ?Signing Ceremony\u270d\ufe0f <a href=\"https:\/\/t.co\/1F3M6yDcYi\">https:\/\/t.co\/1F3M6yDcYi<\/a><\/p>\n<p>\u2014 Intersect (@IntersectMBO) <a href=\"https:\/\/twitter.com\/IntersectMBO\/status\/1865105781240270875?ref_src=twsrc%5Etfw\">December 6, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The document will serve as the legal foundation for the project&#8217;s decentralized governance, a transition that began with the Chang hard fork in September.<\/p>\n<p>The update implemented a new governance structure with three main components: the Constitutional Committee (CC), dReps, and staking pool operators (SPO). ADA token holders can participate in votes directly or through representatives, influencing the network&#8217;s development direction.<\/p>\n<p>Out of 63 delegates from various countries, an overwhelming majority of 60 supported the foundational document. The constitution now requires community approval as part of the decentralized governance process.<\/p>\n<p>Amid the event, hackers breached the Cardano Foundation&#8217;s account on social network X, posting fake statements to promote a crypto scam.<\/p>\n<p>In April, Cardano founder Charles Hoskinson <a href=\"https:\/\/forklog.com\/en\/news\/charles-hoskinson-outlines-future-cardano-updates-amid-criticism\">announced<\/a> that another significant upgrade, the implementation of a new version of the Proof-of-Stake consensus mechanism, is expected by the end of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>During a three-day event in Argentina, delegated representatives (DReps) of the Cardano community voted on and signed a constitution for the blockchain ecosystem. Live now: Cardano Constitutional Convention \u2014 ?Signing Ceremony\u270d\ufe0f https:\/\/t.co\/1F3M6yDcYi \u2014 Intersect (@IntersectMBO) December 6, 2024 The document will serve as the legal foundation for the project&#8217;s decentralized governance, a transition that began [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19344,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1401,130],"class_list":["post-19345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cardano-ada","tag-decentralization"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=19345"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19345\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/19344"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=19345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=19345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=19345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}