In Cardano, 2024 marks the official transition of the Cardano blockchain into a decentralized and distributed network governed by its community.
The cornerstone of the transition will be the Cardano Constitution, a document describing the governance mechanisms and institutions that will rule over the Cardano blockchain network. The community will draft and ratify this document at the first Cardano Constitutional Convention, which will be held later this year.
Other critical components of Cardano’s distributed governance are, but not limited to:
- Intersect, a member-based organization supporting community governance initiatives for the sustainability and maintenance of the Cardano blockchain
- CIP-1694, a community proposal outlining the technical functions and features needed for governance
- Governance bodies such as DReps, SPOs, Constitutional Committee, etc.
- SanchoNet and GovTool are testing tools that allow users to experiment with governance features.
- Interim Cardano Constitution, a temporary text written by Intersect’s Civics Committee.
All these parts and more will play an essential role in the stewardship of Cardano’s distributed governance.
This blog will discuss further the details of the Cardano Constitutional Convention and its implications.
The event will gather prominent community members, thought leaders, and other visionaries in the Cardano ecosystem. The convention will be held in Buenos Aires, Argentina, in December 2024.
Many planned discussions, presentations, networking, and other usual activities will occur. The most important portion will be the workshops focused on drafting the Cardano Constitution.
Related reading:
- What are the different governing bodies in Cardano?
- Explaining CIP-1694
- How to get started with Intersect
In these workshops, Cardano delegates worldwide will assemble, divide into working groups, and start drafting portions of the Constitution based on community feedback. As the document will be used to guide rules and procedures related to governance, there will be careful debates around the constitution’s wording, the document’s technical aspects, and the governance actions needed to be added to the text.
Afterward, the complete first draft of the Cardano Constitution will be presented.
This will signal the end of the Constitutional Convention, after which the community will review the draft provided and decide on ratification.
The Constitutional Convention will be a significant event for Cardano and the blockchain industry. Once ratified, Cardano will be the first truly decentralized and distributed blockchain network governed by its community, including its treasury.
Intersect is organizing and supporting a series of workshops around the Cardano Constitution worldwide. Intersect members are encouraged to join and host a workshop.
The workshops aim to generate community feedback on the Constitution and serve as the first stage of the Convention. In each workshop, the participants plan to elect a delegate to the Constitutional Convention. This person will represent the participants and help draft the Constitution.
The number of delegates is planned to equal the number of workshops conducted in different countries. These individuals will travel to the Constitutional Convention and participate in further workshops and debates to finally write a first draft of the Cardano Constitution.
Once the draft of the Constitution has been completed, everyone in the community will have a period to read the final draft.
After this, a date will be set for a network-wide vote to ratify the Cardano Constitution. Once the vote is over and the community has approved the draft, the Constitution will be hashed and added to the network.
In case the vote fails, the Interim Constitution will remain in place. The community will decide how to amend the text, and another date will be selected for another vote.
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