Historic Moment for Cardano: 96 Million #ADA Development Package Approved! A New Era Begins!
#Cardano ($ADA ), one of the crypto world's most enduring projects, made history without a vote. The 96 million ADA development package, which will shape the network's population, received 74% approval from the community. With this decision, a brand new era begins in the Cardano ecosystem!
โ Passed by Community Vote: 200 Agree, 6 Reject, 7 Abstain
The 96 million ADA spending proposal submitted by Cardano's filter development team, Output Global (IOG), was overwhelmingly approved by community participants. The proposal passed with 200 affirmative votes, only 6 negative votes, and 7 abstentions. This development is seen not only as a technical upgrade for Cardano, but also as a triumph of decentralized governance.
๐ข In a statement released by IOG's official X account, it was stated, "The Cardano system has made history. For the first time, core development funding has been accepted directly. A new era in decentralized governance is beginning."
โ๏ธ What Will Be Changed? Development Package Details
The approved major package aims to radically strengthen Cardano's user-friendly and accessible infrastructure. Here are the broad areas the package focuses on:
โก Faster and More Efficient Transaction Infrastructure
Cardano will increase transaction speeds and enhance the user experience. The network's TPS (transactions per second) capacity will increase, and transaction changes will be reduced.
๐ ๏ธ Developer-Friendly Modular Structure: Acropolis
Designed to help new developers adapt to the ecosystem, Acropolis will offer a modular and accessible structure. This system will enable developers to create dApps more easily.
๐ Cross-Chain Compatibility and Communication
Cardano is focusing on infrastructure investments that will enable interoperability with other blockchains. This step aims to make Cardano a more integrated player in the Web3 world.
๐ง High-Performance Transaction Layer: Hydra
The Hydra technology, long registered by IOG, is part of this component. The goal is to provide a scalable architecture with low latency, high parallel processing capacity.
๐ค Hoskinson's Envisioned Governance Model Comes to Life
Cardano founder Charles Hoskinson has advocated for a shard-based governance vision for years. This vote represents a shift in his vision. For the first time, the core network funding will be determined entirely by shard votes, a rare step in the crypto world.
๐ A Major Attack at a Time of Heated Competition
Cardano's move follows recent developments by Solana and Ethereum:
Ethereum announced the Pectra update, which increased data processing in May.
Solana implemented network-boosting enhancements to shard-based gaming in July.
With these steps, Cardano has strengthened its position in the competitive landscape of scalability and infrastructure.
๐ How Will the Process Work?
IOG will share all developments made under this spending package with the department through monthly updates. This will ensure transparency and connection principles are maintained at every stage of the process.
๐ Conclusion: A New Era Has Begun for Cardano
This vote, which received overwhelming community support, is not only a technical step but also a concrete demonstration of Cardano's commitment to decentralization ideals. ADA is expected to rise technologically and economically during this promising period for developers, young people, and users.