Cardano’s governance process has just made history. For the first time, ADA holders have approved direct treasury funding for core network development, with roughly 74% of voters backing Input Output Engineering’s (IOE) ambitious protocol roadmap.
The plan channels resources into some of Cardano’s most anticipated upgrades, targeting scalability, interoperability, and developer tools. Key initiatives include:
- Ouroboros Leios to boost throughput
- Hydra for faster, cheaper transactions
- Mithril improvements to cut bootstrap times
- Project Acropolis for modular node architecture
Additional work will focus on performance tuning, reduced RAM use, and enabling nested transactions — a step toward more advanced smart contracts and cross-chain functionality.
Funding will be distributed through milestone-based payments overseen by Intersect, with IOE committing to monthly progress updates, timesheets, and quarterly budget reviews. The approach is designed to strengthen transparency and push decentralization by involving external vendors from the Cardano Developer Ecosystem Coalition.
IOE’s General Manager Ricky Rand called the vote “a model for decentralized funding at scale,” while founder Charles Hoskinson thanked the community and urged focus on execution. Community sentiment appears strongly supportive, with many noting that ADA holders now have direct influence over the blockchain’s future direction.
If delivered as planned, the upgrades could set the stage for a more robust, high-performance Cardano — and serve as a case study for community-led protocol development in the wider crypto industry.
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Alexander Zdravkov
Reporter at Coindoo
Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.
Source: https://coindoo.com/cardano-holders-approve-first-ever-community-funded-upgrade-plan/