# Meeting Minutes January 28, 2026 ## Attendees: | Name | Attendance | Role | Voting Seat (Y/N) | Term | | ----------------- | ---------- | --------------- | ----------------- | ------------ | | Kevin Hammond | No | 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 | Yes | Member/Seat | Y | April 2026 | | Sebastian Nagel | No | Member/Seat | Y | April 2026 | | Neil Davies | Yes | Member/Seat | Y | April 2026 | | Alexander Moser | Yes | Member/Seat | Y | April 2026 | | Ryan Wiley | Yes | Member/Seat | Y | October 2026 | | Udai Solanki | Yes | Member/Seat | Y | October 2026 | | Leandros Holleman | Yes | Member/Seat | Y | October 2026 | | Seungheon Oh | No | Member/Seat | Y | October 2026 | Community/Other Attendees * Markus Gufler * Mike Hornan Recording: [Technical Steering Committee - 2026/01/28 - Recording](https://drive.google.com/file/d/1JTA45SpcRtRu-HN1n0j7jJU_it0XO1KX/view?usp=sharing) Transcript: [Technical Steering Committee - 2026/01/28 - Transcript](https://docs.google.com/document/d/1pwt_MPJ6hvmncOCK6NjtNqe9Lk0KNWHusq427a2FiI4/edit?usp=sharing) Chat Transcript: [Technical Steering Committee - 2026/01/28 - Chat Transcript](https://drive.google.com/file/d/1VoRiiZ8tbMU7GwBYlsMh0pXkHV2w5A_S/view?usp=sharing) ## Intros Neil: TSC, Parameters - PNSol\ Udai: TSC member, AIQUANT\ Nicolas: TSC Voting member, Director of Software Architecture, IOG.\ Ryan Wiley: Ryan Wiley, TSC Voting Member, Cybersecurity Professional\ Bosko: Senior Project Manager, Intersect Staff, TSC Secretary\ Tex: Open Source Program Manager, Intersect Staff, OSC Secretary, Committee Liaison ## Agenda 01.28.26 * Actions from the last meeting * TSC Operational Budget updates * Constitution 2.4 effects * Quick review of the parameter changes * Vice-Chair * AOB ## Decisions/Actions **Decisions** * **Chairmanship**: Neil will chair the current session in the absence of a volunteer vice-chair. * **Coordination**: The committee decided to wait for Ryan’s math summary and Nicolas’s update on the IOG report before finalizing governance action steps on K-parameter changes. **Actions** * **Markus**: Provide the specific date/time for the SPO roundtable to the committee for promotion. * **Neil & Kevin**: Review the Constitution 2.4 updates and security assessment for the next meeting. * **Ryan**: Write a paragraph summarizing the "Stake Pool Math" (including pool counts and redistribution figures) for the minutes. * **Nicolas**: Contact Carlos/IOG to determine the release timeline for the Incentive Research report. * **All Members**: Spend 10 minutes reviewing the Operational Budget document on Slack and leave comments.
| **Topic** | **Discussion** | **Notes** | | ----------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------- | | Meeting Opening | Neil took over as Chair for the meeting as no vice-chair had volunteered. Quorum was confirmed with six voting members present. | Neil to act as Chair; Bosko assisting with agenda and actions. | | Agenda Approval | Bosko presented a structured agenda including previous actions, budget, and constitution updates. | No other business was added at the start of the meeting. | | SPO Outreach | Markus provided an update on a community initiative for an SPO (Stake Pool Operator) roundtable scheduled for next week to discuss parameter changes. | Initiative is community-branded, not Foundation-branded; includes participation from Pi and others. | | Communication Strategy | The committee discussed the need to promote the roundtable and the importance of SPOs voting on current governance actions. | Use Intersect and TSC channels to advertise the upcoming session once scheduled. | | Governance Interdependencies | Markus raised concerns regarding whether a failure of the current parameter proposal would delay the upcoming hard fork. | Neil clarified that while parameter changes and hard forks have separate timelines, lack of coordination causes community "suffering." | | Operational Budget | The budget document has been shared on Slack with figures added by Kevin. | Committee members are urged to review and provide feedback within the document. | | Constitution Updates | Discussion on Constitution 2.4 was deferred as a security assessment must be completed first. | Item carried over to the next meeting. | | Stake Pool Math (K-Parameter) | Ryan presented data on moving the K-parameter from 500 to 1,000. He estimated 5 billion ADA would be redistributed, potentially making \~345 small pools viable. | Ryan to provide a written summary paragraph with specific pool category data for the formal record. | | Incentive Analysis Report | Nicolas mentioned that IOG (Input Output Global) is working on an incentive analysis report led by Carlos. | Nicolas to check the timeline of this report to see if the TSC should wait for its findings. | | CIP Backlog | Ryan noted technical complications regarding the "immu" (immutability) CIP. | Technical details are being discussed with CIP editors; link provided in chat. | | Vice Chair Vacancy | Neil declined the permanent Vice Chair role due to other commitments. No other volunteers stepped forward. | Position remains vacant. | | New Member Introduction | Udai introduced himself, offering his background in architecture/security and volunteering his team of developers to assist the TSC. | Neil suggested Udai’s team focus on the Parameters Committee to learn operational economics. |