Next Steps Post-Chang

Introduces a whiteboard on the Chang roadmap, opening the CIP 1694 GitHub repo whose authors include Jared, Kevin Hammond, and Sam Leathers, and noting many workshop participants are now DReps or constitutional committee members.

The five governance roles, DReps, the constitutional committee, stake pool operators, delegated ADA holders, and the non-delegating do-nothing crowd, and that this is now live, not hypothetical.

During the bootstrap phase a constitutional committee vote can change parameters and, with a 70 percent SPO vote, can initiate a hard fork, namely the coming Chang-plus-one about 90 days out.

Lists the seven governance actions, no confidence, new committee, constitution update, hard fork, parameter change, treasury withdrawal, and info action, noting bootstrap disables treasury withdrawals, new committees, constitution updates, and no confidence.

DReps can register now, and the bootstrap phase ends when the committee and SPOs ratify Chang-plus-one, roughly three months after Chang, enabling DReps and the remaining actions for full government.

The interim constitutional committee has a term running into 2025 with a rotation schedule it cannot enforce, since the committee never votes on new committees.

Around December the node also gets Ouroboros Genesis and other improvements that could not make Chang, the last mile of full decentralization realizing Ouroboros's potential.

The parallel constitution workshops discussing the draft, each of 50-plus countries electing a delegate who will vote as an equal at the December Argentina constitutional convention on a proposed V1 constitution.

Once bootstrap ends, DReps and the committee can update the constitution to ratify the convention's V1, which mostly keeps the CIP 1694 design but scrutinizes the constitutional committee rules.

Introduces constitution debt, running on CIP 1694 while a new constitution may change the on-chain government's design, a task for the first half of 2025.

The interim committee terms will expire for a fully elected new committee, and that IO through Input Output and Intersect are current ICC members.

Announces IO is taking a governance timeout with no role, no DReps, and no committee seat after the transition, serving only a ceremonial role facilitating the Argentina convention in October and December.

The parallel budget process for the roughly 600 million dollar ADA treasury, which can be spent through ad-hoc withdrawals or, preferably at scale, an annual budget.

The annual budget as a pie of slices for dev, marketing, research, and legal, built by Intersect's budget committee gathering requirements through special interest groups like DeFi and CoreDev.

The proposed budget carries accountability with a larger sliver for audit and oversight to ensure people do the paid work, then goes to a treasury-withdrawal vote.

Funds move to institutions and entities like Catalyst, whose continuation DReps decide, since a rejected budget returns to committee and competing budgets converge, funding or sunsetting Catalyst.

IO is assembling a coalition of 15-plus dev companies for a Cardano 2.0 vision, to be presented in October, that will specify the dev and research budget with accountability, mixing small and large firms.

For the first time the ecosystem can fund a marketing and branding coalition and growth-hacking, with an Intersect marketing committee, alongside institutions like the CF requesting funding as SIGs.

The process is open at intersectmbo.com and Intersect has no monopoly, since anyone can propose a treasury withdrawal, and advises memorializing an annual process for flexibility and strategy.

Argues a budget must carry a marketing, dev, and legal strategy rather than a thousand piecemeal treasury requests, and that DReps and committee members, the voting class, will decide it, already serving on the budget committee like a Ways and Means Committee.

The convention, bootstrap government, and budget must all conclude before end of December, the minimum requirements for a functional government able to fund initiatives and make inclusive, high-integrity decisions.

Frames governance through three anchors, integrity from following the constitution's rules, effectiveness as the outcomes of decisions, and efficiency as decision speed, which voters should keep in mind.

Institutions lubricate effectiveness and efficiency because a bottom-up budget over Twitter would be chaos, whereas a budget committee convenes stakeholders into a fast yes-no vote with a real strategy.

Calls the Edinburgh Decentralization Index a North Star to ask whether a decision raises or lowers decentralization, noting North Stars like decentralization, price, and throughput can contradict, so true innovation is tradeoff-free progress.

A self-evolving minimum viable governance flywheel where CIPs improve, coalitions grow, and integrity-preserving institutions keep the system honest as ADA value rises.

The constitution grants no special provisions to IO, the CF, Intersect, or Catalyst, so they live or die by effectiveness, and the community can defund Intersect or Catalyst, though the CF can only be excluded since it has its own treasury.

Points to gov tool as the reference governance client for viewing actions, DReps, and vote results, where users download a compatible wallet, connect, and vote, with wallets finalizing mainnet support before Chang-plus-one.

Raises open questions on innovation cadence, whether to hold a constitutional convention every 5 or 10 years or amend as needed, and how much of the constitution can be made machine-understandable given human ambiguity.

Purpose-driven DReps will grandstand and shift the budget, and that governance's danger and promise is the community could even burn all the treasury ADA and defund development if it chose.

No one can be an expert on a growth strategy for Senegal, Baku, and New Zealand at once, so a deliberate process plus institutions, which also create legal character to bind outside accountants and lawyers, refine the complexity.

Calls Chang the most significant milestone in Cardano's history but an invitation to a public pile of work done in the open by hundreds of people with one voice to make Cardano the number one cryptocurrency.

Everyday users just need gov tool and a wallet like Lace's coming governance panel, while everyone can submit a constitution, but social consent is momentum-based, which regulators fail to grasp with a start-rowing analogy.

Barking on Twitter changes nothing, so you must persuade, collaborate, and participate within existing institutions, or else leave or force a contentious hard fork, since inclusive governance grants legitimacy.

Closes that after traveling to Japan, Singapore, and the December Argentina convention, he becomes a private citizen, noting criticism is ratcheting up as people jockey for position now that there is no king.