$ADA: Charles Hoskinson on the Future of Cardano Post-Chang Upgrade

CryptoGlobe · 2024-09-05T15:03:05.000Z

In a recent video titled “Next Steps Post-Chang,” Charles Hoskinson, Co-Founder and CEO of IOG, provided a detailed update on the Cardano ecosystem’s development following the Chang roadmap milestone. Hoskinson outlined the current phase of governance, known as the bootstrap phase, which is essential for activating full governance in the Cardano network. Hoskinson began by explaining that the Cardano governance model is entering a pivotal stage, with the bootstrapping phase currently active. This phase is crucial for getting all participants, including delegated ADA holders, the Constitutional Committee, stake pool operators (SPOs), and other governance roles, familiar with the process before they fully activate Cardano’s decentralized governance. Hoskinson highlighted that the current stage is critical for ensuring the smooth transition from centralized governance into a fully operational decentralized model, referred to as Chang plus one. He estimated that the full transition would occur in about 90 days, with full governance expected around December 2024. During this bootstrap phase, only a limited set of governance actions can be taken. Hoskinson detailed the roles and actions available, which include initiating hard forks and protocol parameter changes but exclude actions like treasury withdrawals and updating the Constitution. These restrictions are designed to give participants time to familiarize themselves with the governance model before full governance is enabled. The next major milestone is Chang plus one, after which the Cardano government will fully turn on, allowing all participants to execute more complex governance actions. According to Hoskinson, this full governance implementation will also coincide with the ratification of a new Cardano Constitution. Workshops are already taking place across 50 countries, where delegates are discussing and shaping the draft of this Constitution. Hoskinson explained that these delegates, representing a global cross-section of the community, will convene in Argentina in December 2024 for a Constitutional Convention, where version one of the Constitution will be voted on and finalized. In addition to the governance milestones, Hoskinson discussed the Cardano Treasury, which currently holds about $600 million worth of ADA. He presented two potential paths for managing these funds: either through treasury withdrawals on a case-by-case basis or through an annual budget. Hoskinson expressed a preference for the latter, advocating for a systematic approach where the budget is broken into categories such as development, marketing, research, and legal. He emphasized that this annual budgeting process would be more efficient for long-term strategy and planning. Hoskinson also introduced the idea of creating a coalition of development companies, which will be tasked with leading the Cardano 2.0 vision. This coalition will include both small and large entities and will propose the development and research goals for the future, such as new node designs, improving scalability, and integrating technologies like rollups. He explained that this coalition would have a strong focus on accountability, with robust auditing and oversight mechanisms in place to ensure that projects are delivering on their promises. Hoskinson hinted at the possibility of further developing marketing and branding initiatives for Cardano. He acknowledged that there has been significant interest in this area, and discussions are already taking place within the marketing and communication committees at Intersect. These committees are exploring new ways to grow Cardano’s global presence and increase user adoption. On the subject of Catalyst, Cardano’s community-led innovation fund, Hoskinson said its future would depend on whether it is included in the proposed budget. If the community votes to fund Catalyst, it will continue to operate; if not, Catalyst may be sunsetted. He stressed that decisions like these are up to the delegated representatives (DS) and the Constitutional Committee, who will ultimately have the final say on the allocation of funds. Hoskinson concluded by stressing the importance of aligning the budget process with Cardano’s long-term strategy, arguing that a cohesive strategy for 2025 and beyond cannot be achieved with fragmented treasury withdrawals. Instead, he urged the community to focus on creating an annual budget that reflects Cardano’s broader goals, ensuring the ecosystem can thrive in the years to come. Featured Image via Unsplash

在最近題爲「Chang 後的後續步驟」的影片中，IOG 聯合創始人兼執行長 Charles Hoskinson 詳細介紹了 Cardano 生態系統在 Chang 路線圖裏程碑之後的發展。霍斯金森概述了當前的治理階段，稱爲引導階段，這對於激活卡爾達諾網路中的全面治理至關重要。
霍斯金森首先解釋說，卡爾達諾治理模式正在進入關鍵階段，引導階段目前正在進行中。這一階段對於讓所有參與者（包括受委託的ADA 持有者、憲法委員會、權益池運營商（SPO）和其他治理角色）在完全激活卡爾達諾的去中心化治理之前熟悉該流程至關重要。霍斯金森強調，目前階段對於確保從中心化治理順利過渡到完全可操作的去中心化模式（稱爲「Chang+1」）至關重要。他估計全面過渡將在大約 90 天內完成，預計在 2024 年 12 月左右實現全面治理。
在此引導階段，只能採取有限的治理行動。Hoskinson 詳細介紹了可用的角色和行動，其中包括啓動硬分叉和協議參數更改，但不包括提取國庫和更新憲法等行動。這些限制旨在讓參與者有時間在全面治理啓用之前熟悉治理模型。
下一個重要里程碑是 Chang plus one，此後卡爾達諾政府將全面啓動，允許所有參與者執行更復雜的治理行動。據 Hoskinson 稱，這一全面治理實施也將與新卡爾達諾憲法的批准同時進行。50 個國家/地區已舉行研討會，代表們正在討論和制定該憲法草案。Hoskinson 解釋說，這些代表代表了社區的全球橫截面，他們將於 2024 年 12 月在阿根廷召開制憲會議，對憲法的第一版進行投票並最終確定。
除了治理里程碑之外，霍斯金森還討論了卡爾達諾國庫，目前國庫持有價值約 6 億美元的 ADA。他提出了管理這些資金的兩種可能途徑：要麼通過逐案提取國庫資金，要麼通過年度預算。霍斯金森表示更傾向於後者，主張採用系統方法，將預算分爲開發、營銷、研究和法律等類別。他強調，這種年度預算流程對於長期戰略和規劃將更有效率。
Hoskinson 還提出了創建開發公司聯盟的想法，該聯盟將負責領導 Cardano 2.0 願景。該聯盟將包括小型和大型實體，並將提出未來的開發和研究目標，例如新節點設計、提高可擴展性和集成彙總等技術。他解釋說，該聯盟將高度重視問責制，並建立健全的審計和監督機制，以確保項目兌現承諾。
Hoskinson 暗示了進一步發展 Cardano 營銷和品牌計劃的可能性。他承認，人們對這一領域有着濃厚的興趣，Intersect 的營銷和傳播委員會已經在進行討論。這些委員會正在探索擴大 Cardano 全球影響力和增加用戶採用率的新方法。
關於 Cardano 的社區主導創新基金 Catalyst，Hoskinson 表示，其未來將取決於它是否被納入擬議預算。如果社區投票資助 Catalyst，它將繼續運營；如果沒有，Catalyst 可能會被淘汰。他強調，這些決定取決於代表 (DS) 和憲法委員會，他們最終將對資金分配擁有最終決定權。
霍斯金森最後強調了將預算流程與卡爾達諾的長期戰略相結合的重要性，他認爲，分散的財政提款無法實現 2025 年及以後的連貫戰略。相反，他敦促社區專注於制定反映卡爾達諾更廣泛目標的年度預算，確保生態系統在未來幾年蓬勃發展。
特色圖片來自 Unsplash

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