Cardano Foundation iCC Vote on Parameter Change Governance Action ‘Plutus V3 Cost Model Parameter Changes Prior to Chang#2’
The Cardano Foundation has completed its constitutional assessment of the governance action “Erroneous: Plutus V3 Cost Model Parameter Changes Prior to Chang#2" (Action ID: gov_action1286ft23r7jem825s4l0y5rn8sgam0tz2ce04l7a38qmnhp3l9a6qqn850dw) and deemed it to be unconstitutional. As a member of the Interim Constitutional Committee (iCC), we are responsible for reviewing the constitutionality of all governance actions submitted to the blockchain.
For a detailed explanation of our assessment, please refer to our full rationale available in the following PDF hosted via IPFS:
https://ipfs.io/ipfs/QmQ8RZiiHSgojE65SBBbrCcHa2j4aH3zarBwP8CM5VofLq
Rationale Summary:
The governance action proposing to update the Plutus V3 Cost Model is deemed
unconstitutional due to violations of Article III, Section 6 of the Interim Constitution.
Specifically, the inability to verify the governance action’s metadata because of a broken URL
prevents confirmation that the on-chain proposal is identical to the off-chain version.
Additionally, the action does not impact any changes to the network parameters, conflicting
with its stated intent, and lacks sufficient rationale to justify the requested change.This vote solely assesses the constitutionality of the action and does not indicate support or
express any opinion regarding the underlying proposal. Voicing an opinion is the duty of the
Delegated Representatives (DReps) and Stake Pool Operators (SPOs) and remains outside
the scope of the Interim Constitutional Committee (iCC).