The Cardano Autonomy

The autonomy of the Cardano blockchain is based on governance.

The Voltaire era of Cardano will provide the necessary tool for the network to become a self-sufficient system.

The voting and treasury system will allow network participants to exercise their voting rights to influence development.

With the voting and treasury system, Cardano will be decentralized and its future will be in the hands of the community.

The Voltaire era adds the ability for network participants to submit proposals for improvements to Cardano (CIP) so that they can be voted on, taking advantage of the already existing process of participation and delegation.

The treasury system consists of allocating a fraction of all transaction fees to a fund to develop the voted proposals.

What are CIPs?

CIPs, Cardano Improvement proposals, are documents that are formally presented to the Cardano community and members of its ecosystem, describing new features or processes. They must contain the technical specifications for the proposed changes.

There are three types of CIP:

CIP Standards Monitoring, which describes any change that affects most or all Cardano implementations, such as a change in the network protocol.

Process CIP, which describes a process surrounding Cardano or proposes a change (or event) in a process, such as guidelines, changes in the decision making process, and changes in the tools or environment used in the development of Cardano.

CIP Information, which describes a Cardano design topic, general guidelines, or information to the Cardano community.