Cardano Development Studio ITPUT ITORPLAND GLOBAL (IOG) announced that it will give up its seat in the temporary constitutional committee in Blockchain as soon as the community elections are concluded this summer, as it drew a clear line in light of the role it takes during the Shang Solid transition in 2024.
In three parts x string The company published on May 28, and wrote that it “supervises the work of the temporary constitutional committee of Cardano,” but “you will not defend his re -election,” adding that “he is confident that the Cardano community has a wealth of talents to choose from.”
IOG reminded the followers as “ascended in August 2024, at the time of Chang Hard FORK, to help the process on the process during a transitional period”, and pledged to continue voting on the series and spread the justifications until its mandate ends. The company urged the potential candidates to consult the resources that INSCT collect, the organization based on coordinating governance issues, and “benefiting from the support provided by the current ICC members to facilitate the elections.”
Cardiano founder Charles Hoskinson Repeat Feelings in a separate post, he writes: “Our last official role has ended soon. It was an honor and privilege for my career my life to serve all of you. It is time for new ideas and blood.”
Cardano elections
The International Criminal Court was formed along with the first phase of Chang’s upgrade in late August 2024, a harsh thorn that provided the foundations of the series’s governance to the professor’s book in the Konway era. ADA bearers have enabled the promotion of the delegates (Dreps) and the provision of governance procedures – the advantages that require a supervisory body during the completion of the framework of the full constitutional committee.
Interests in the elections places five stages that pass through the northern summer. The candidates’ records were opened on May 1 on May 31; The campaign occurs in parallel. The unlikely voting will continue from June 10 to July 10, followed by the generation of credentials on the plane for the seven successful candidates from July 10 to August 1.
The official certification-in this regard to the ruling on the series to recognize the New Committee-between August 1 and September 1. The three most screaming beneficiaries will offer two years, while the remaining four will sit for one year to create an overlapping electoral cycle.
What is changing – and what not
IOG’s withdrawal does not diminish its artistic role in the development of open source Cardano, but it indicates a decisive shift in the ruling: the institutions of the institution will compete from now on an equal footing with community candidates if they want to help the Constitution Police. For many stakeholders for a long time, this transformation fulfills the promise of the Voltaire era “the ruling by the pregnant women”, a teacher that Hoskinson has repeatedly describes as the last piece of the original road map in Kardano.
The next poll will test the election on a large scale and square on the live L1 network and will give more than 4 million governors a direct opinion on those who explain and impose the Cardano constitution. If the schedule continues, Cardano will enter in September with the first fully elected constitutional committee-while the company that launched the series steps to the same arm place like each other participant.
At the time of the press, ADA was traded at $ 0.75.
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