A week of institutional progress across the Cardano ecosystem
The latest Intersect update (#108) marks a significant shift: after two years of evolution, Intersect has matured from a new coordination body into a more focused operational layer — supporting governance, enabling collaboration, and ensuring critical technical functions operate reliably in an increasingly decentralized environment.
Key highlights
1. Intersect 2026–2027 Budget Proposal (launched this week)
- More focused, deliberate, and reduced in size
- Preserves essential capabilities: open coordination, technical stewardship, incident response, and addressing critical unowned work
- Live X Space with Jack Briggs on Monday, April 27 at 15:30 UTC
2. Technical progress — van Rossem upgrade
- Node v10.7.1 released April 20 (fix for performance regression)
- Node v11.0 mainnet-ready next week — required for hard fork
- Target submission for Mainnet hard fork: May 28, 2026 (enactment: late June)
- Protocol v11 introduces better resilience for DApps via dynamic cost model adjustment
3. Constitutional Committee elections
- Candidate registration opens May 1
- X Space today (April 24) at 15:30 UTC with current and former CC members
4. Treasury accountability
- IOG cancelled Acropolis & Tiered Pricing (strategic pivot)
- 4.1M ADA returned to treasury
- Intersect administers 45 vendor contracts — mid-year report published
5. Global engagement
- Money20/20 Bangkok — enterprise conversations; EMURGO unveiled SecondFi (self-custody neofinance platform)
- Tech 4 Impact Tokyo (April 26) — bilingual budget roundtable with Jack Briggs and Fred Tanaka
6. Intersect Committee elections
Read the full update
For all the details (including live governance actions, budget process updates, and the Enterprise Spotlight on Well-Typed):