Wu says he has learned that Intersect’s weekly update shows that the Cardano van Rossem hard fork is only 1 vote away from approval by the Constitutional Committee (CC). If it is approved at the epoch boundary on July 13, it is expected to be executed on July 18. Intersect said that, currently, all readiness metrics required for approvals have been met. In Epoch 642, 92% of blocks have been generated by node version 11; for on-chain voting, Delegated Representatives (DRep) support stands at 75.36%, and Stake Pool Operators (SPO) support is 52.43%, both of which have met the thresholds. The Constitutional Committee currently has 4 votes confirming it as constitutional and still needs 5 votes to pass it.

ADA-2.46%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned