+34
The Cardano community is racing against the clock to approve the 'Update CC 2026' governance action before it expires on September 1st. With the committee's minimum size at risk and future network upgrades like Dijkstra and Leios on the line, urgent voting participation from DReps and SPOs is required to maintain governance stability.
A setback in the action could create a governance bottleneck at an important time for the Cardano network, with a major upgrade at risk. Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today.
The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Intersect notes that the governance action expires at 21:44:51 UTC on September 1 and encourages DReps and stake pool operators to vote before the deadline. A setback in the governance action could affect progress towards the Dijkstra hard fork and Leios upgrade, which will require constitutional as well as technical updates.
According to Intersect, the Update CC 2026 action will expire on September 1 at 21:44:51 UTC, with less than 48 hours to vote.the current voting progress; DReps are now very close to the required threshold of 67%, currently at 66.3%. For SPOs, a significant shift in voting participation is still needed within the next 48 hours, with 39% achieved out of the 51% threshold. Update: DReps are now very close to the required threshold.
For SPOs, a significant shift in voting participation is still…Intersect highlighted the urgency of SPO participation, as if this action does not pass, existing committee members' terms will expire, and the committee will fall below the required"committeeMinSize" of five. Until the committee returns to at least five members, Treasury Withdrawal, Parameter Update, Constitution Update, and Hard Fork Initiation actions cannot be ratified. This could also hinder progress towards Dijkstra and Leios, which necessitate constitutional and technical updates.
's next major protocol upgrade in two phases. Phase 1 introduces the Dijkstra ledger era and ships Ouroboros Linear Leios as a complete, activated feature, targeting Q4 2026. Phase 2 activates Ouroboros Peras via an intra-era hard fork.is now live as the public proof layer in Blockforce's traceability platform. The system runs with Brazil's largest fashion groups and has anchored more than 500,000 supply chain records.
The architecture separates confidentiality from verifiability. Records for each supply chain step sit on a permissioned network, visible only to the parties involved. Only the cryptographic proof of those records is anchored to Cardano, where any auditor, regulator, or customer can confirm a record is genuine without seeing the underlying data.
Scratch the next story
Cardano Governance Voting Deadline Dijkstra Upgrade Leios Upgrade Committee Size Dreps Spos
United States Latest News, United States Headlines
Similar News: You can also read news stories similar to this one that we have collected from other news sources.
Trump-shaped ecstasy spurs red alert: ‘Absolutely do not use these pills’Ecstasy pills designed to look like U.S. President Donald Trump spurred a “Red Alert' warning from a Dutch drug addiction and mental health institute that is worried the drug could be deadly.
Read more »
Pre-evacuation alert issued north of Hayden for Mill Creek 4 FireThe Routt County Sheriff's Office has issued a pre-evacuation alert for Zone WR-111, north of Hayden, due to the Mill Creek 4 Fire.
Read more »
Mayor Refuses to Lower Flag for Dolly Parton, Citing Tradition and Local GovernanceThe mayor of Oliver Branch, Mississippi, has declined to lower the town's American flag to half-mast in honor of Dolly Parton, arguing that the gesture should be reserved for military heroes, first responders, and major national leaders. While he acknowledges Parton's greatness, he believes the frequency of such tributes diminishes their significance and asserts the right of local governments to make independent decisions on flag protocol.
Read more »