CIP-1694 is the Cardano Improvement Proposal at the core of the upgrade, which introduces various governing structures to the Cardano ecosystem including its Constitutional Committee, dReps, and Stake Pool Operators (SPOs.) Once CIP-1694 is implemented, the Cardano blockchain and any changes made to it will be in the hands of these groups.
Related posts
-
ADA On Fire: Cardano 80% Surge Sparks 1,700% Bullish Forecast
Renowned for its emphasis on sustainability and scalability, the blockchain platform Cardano has seen a notable... -
Blockchain Analyzer 'Bubblemaps' Adds AI to Help Identify Insider-Controlled Tokens
The app’s new update seeks to boost transparency in the market by exposing token ownership patterns... -
BNB Hackathon in Bangkok Celebrates Blockchain Innovation and Names Winners
Caroline Bishop Nov 13, 2024 17:45 The BNB Hackathon in Bangkok concluded...