Meeting Minutes January 14, 2025

Attendees:

Name	Attendance	Role	Voting Seat (Y/N)	Term
Kevin Hammond	Yes	Chair	Y	October 2026
TBC	No	Vice Chair	Y	October 2025
Bosko Majdanac	Yes	Secretary	N	N/A
Tex McCutcheon	Yes	Alt - Secretary	N	N/A
Nicolas Biri	Yes	Member/Seat	Y	April 2026
Duncan Coutts	No	Member/Seat	Y	April 2026
Sebastian Nagel	Yes	Member/Seat	Y	April 2026
Neil Davies	Yes	Member/Seat	Y	April 2026
Alexander Moser	No	Member/Seat	Y	April 2026
Ryan Wiley	Yes	Member/Seat	Y	October 2026
Udai Solanki	No	Member/Seat	Y	October 2026
Leandros Holleman	Yes	Member/Seat	Y	October 2026
Seungheon Oh	No	Member/Seat	Y	October 2026

Community/Other Attendees

• Christian Taylor

• Niamh Ahern

• Fergie Miller

Recording: Technical Steering Committee - 2026/01/14 - Recording

Transcript: Technical Steering Committee - 2026/01/14 08:29 CST - Transcript

Chat Transcript: Technical Steering Committee - 2026/01/14 - Chat Transcript

Intros

Kevin: Kevin Hammond, TSC chair, Ensurable Systems Leo: Developer@KeyPackt/AnetaV2/GenWealth single pool SPO, CEO LnLlabs, TSC member Neil: TSC, Network Params, PNSol Ltd Nicolas: Nicolas Biri, TSC voting member, Director of Software Architecture, IOG. Ryan: Ryan Wiley, TSC Voting Member, Cybersecurity Professional Sebastian: Sebastian Nagel, TSC voting member, Software Architect, nCoding, IOE Bosko: Bosko Majdanac - Senior Project Manager, Intersect Staff, TSC Secretary Tex: Terence "Tex" McCutcheon - Open Source Program Manager, Intersect Staff, OSC Secretary, Committee Liaison Christian: Christian Taylor, Head of OSO/ Incubation, Intersect and a guy who pretends to know what he's doing regularly

Agenda 01.14.26

• Actions from the last meeting

• Chain Incident Partition Report

• Hard Fork Update (van Rossem)

• Presentation on increasing k to 1,000

• TSC Operational Budget

• Security Incident Office Appointed

• 2030 Vision

• IOR 2025 EOY Report

• AOB

Decisions/Actions

Decisions

• Closure of Working Group: The Technical Steering Committee formally voted to close the Chain Incident Working Group as the report is now finalized.

• Product Committee Representation: The group decided not to send the full TSC to the 90-minute Product Committee meeting; instead, a smaller representative group (Neil, Leandro, Kevin, Nicolas, and Ryan) will attend.

• Hard Fork Naming: The name "van Rossem" was confirmed and the info action has been submitted on-chain.

• Report Finalization: Version 0.5 of the Chain Incident Report (dated the previous Friday) was approved as the final factual version, with no further changes to be made by the TSC.

• Security Appointment: Mike was officially appointed and onboarded as the Security Incident Response Officer.

Actions

• Kevin: Follow up with Alex via Slack to confirm if the blog post regarding the Constitution Committee size has been published.

• Kevin: Apply additional pressure to the Intersect Executive and Board to ensure the timely release of the Chain Incident Report.

• Ryan: Perform detailed mathematical analysis on how much stake needs to move to smaller pools to make them viable under the proposed K=1,000 change.

• Kevin: Schedule a "pre-meeting" for the TSC small group to align on KPI criticisms before the joint session with the Product Committee next Tuesday.

• TSC Members: Download and save a PDF copy of the finalized Chain Incident Report (v0.5) for personal records to ensure no unauthorized changes are made during the legal review.

• TSC Members: Review the 2025 Foundational Research and Technology Validation reports provided by Fergie and provide feedback by January 23rd.

• Nicolas: Act as the primary proxy/point of contact for any technical questions regarding the IOG research papers.

• Kevin: Organize a separate session to progress the TSC Operational Budget proposal

• Bosko: Reconcile calendars to potentially move the Hard Fork Working Group meeting time to better align with IO's internal node meetings.

Topic	Discussion	Notes
Action Items Review	Bosko reviewed status of previous actions. Blog post regarding constitution committee size is still open (waiting on Alex).	Kevin to follow up with Alex on Slack.
Product Committee Alignment	Discussion on aligning the 2030 vision with 2026 goals. A 90-minute joint session is scheduled for next Tuesday.	Group decided to delegate a small subset (Neil, Leandro, Kevin, Nicolas, Ryan) to attend rather than the full TSC.
Chain Incident Report	The factual report on the recent network incident was finalized Friday (v0.5). Neil expressed "paranoia" and frustration that the Board is requiring legal approval before publication.	Action: Members to keep private PDF copies. Kevin to apply pressure on the Executive/Board for timely release. Working Group is formally closed.
Hard Fork Update	Update on node v10.7 release candidate, which includes Prometheus features for SPOs. Targeting a possible Q1 hard fork.	Info action for "Van Rossem" name submitted on-chain. Node RC expected in 2–3 weeks.
Plutus Cost Models	Kevin confirmed with Ryan (Williams) that cost model settings can be updated ahead of the hard fork event.	Parameters to be presented to the Parameter Committee on Jan 15.
Parameter K to 1,000	Ryan presented benefits of increasing K (Nakamoto coefficient, pledge viability). Neil challenged the assumption that it automatically helps struggling small pools.	Ryan to provide more detailed arithmetic/math on stake movement for the next meeting.
Min Pool Cost Reduction	Ryan proposed lowering minPoolCost from 170 to 75 ADA to prevent delegator rewards from being eaten by the "first block tax" as rewards decrease.	Long-term solution: Moving toward SIP-23 (min pool margin) in the Dykstra hard fork (v12).
2030 Vision & KPIs	Leandro shared a document criticizing existing KPIs, noting they don't necessarily correspond to sustainability or technical reality.	Action: Kevin to schedule a small group meeting before next Tuesday to refine the TSC's stance on these metrics.
2025 Research Reports	Fergie presented end-of-year reports for Foundational Research and Tech Validation. 24 papers were published in 2025 (20% over target).	Community feedback on reports is open until Jan 23. Nicolas to act as proxy for technical research questions.
Security Appointment	Christian announced that Mike has been onboarded as the Security Incident Response Officer this week.	Mike will take the lead on SecOps and support the Security Council.
TSC Operational Budget	Kevin discussed the need for a formal budget to support TSC operations. General support from the Intersect Steering Committee.	Kevin to organize an outbound meeting to define budget specifics before his upcoming absence.