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Getting to a Minimum Viable Constitution and Beyond

Jul 29, 2023· 17:32· 9.3K views·indexed 5mo ago
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Key takeawaysAI summary · 10 points
Charles Hoskinson discusses the progress of SIP 1694, focusing on the development of a minimum viable Constitution (MVC) for Cardano.
Cardano's governance structure will include a tripartite government with D-reps, a constitutional committee, and stake pool operators.
The original founding document of Cardano, published in 2017, outlines key principles such as scalability, science, interoperability, and regulation.
A small working group is tasked with creating the MVC, which will serve as a foundation for an interim constitutional committee.
Workshops will be held globally to elect delegates who will participate in a constitutional convention to draft the final Constitution.
The process aims to be inclusive, with representation from over 100 countries and a one delegate, one vote system for ratification.
The Constitutional Convention is proposed to be held in Argentina in 2024, drawing parallels to historical constitutional events in the country.
The Constitution will incorporate smart contract logic to enforce rules and behaviors of committee members, creating checks and balances.
The process is designed to be reusable, allowing for periodic updates to the Constitution every five to ten years.
ADA holders will vote to ratify the MVC and SIP 1694, establishing the governance framework for Cardano.
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