Cardano's Top Improvement Proposal Unveils Next Steps
Cardano CIP-1694: Current Progress and What to Expect Dubbed the passport for Cardano to enter into a very functional and inclusive governance system, the need to push the work on CIP-1694 saw community representatives from around the world come together to propose a Minimum Viable Governance (MVG) framework. Since the start of the year, as many as 50 workshops have been completed that involved about 1000 community members, all of whom discussed the proposal’s details. advertisement One of the consensus that has been arrived at is the need to collect feedback from these meetings and to design them such that they can align with the needs of the community and of the tenets of the Cardano protocol. As part of the next steps as CIP-1694 moves to its final form, the report highlighted that “a consensus is forming around the frame proposed in CIP-1694 , and with it, a community-led proposal for MVG will be available to all ada holders.” The...