Cardano (ADA) community makes history with first-ever core development funding approval

The Cardano community has just made history by directly approving core protocol development funding for the first time, marking a major step toward true decentralized governance.

The Input Output Engineering (IOE) roadmap proposal received 73.93% approval, unlocking Cardano treasury funds to support community-aligned upgrades.

Major upcoming improvements include:

Ouroboros Leios: a performance-focused upgrade that boosts speed while maintaining decentralization and security.

Hydra protocol: designed for ultra-fast, low-cost transactions ideal for real-time and micro-payment applications.

Mithril enhancements: enable faster node bootstrapping and lightweight client support.

Nested transactions: lay the groundwork for advanced smart contracts and interoperability.

Project Acropolis: modular rearchitecture of the Cardano node to enable faster onboarding of new core developers.

Performance optimizations: faster sync, lower RAM usage, and reduced operational costs for stake pool operators.

Cardano founder Charles Hoskinson thanked the community: “Thank you everyone for your support and trust. Let's get it done.”

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