# Meeting Minutes March 04, 2026 ## 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 | Yes | 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 * Benjamin Hart * Mark Bùi
Recording: [Technical Steering Committee - 2026/03/04 - Recording](https://drive.google.com/file/d/1ns7ioQKCe5LZJ683AZl5hkN-RqgKsyAF/view?usp=sharing) Transcript: [Technical Steering Committee - 2026/03/04 - Transcript](https://docs.google.com/document/d/1VDTDsTPDyXacThLkNbGqlYbi3zwXxToGRyY_KLLIgXU/edit?usp=sharing) Chat Transcript: [Technical Steering Committee - 2026/03/04 - Chat Transcript](https://drive.google.com/file/d/1g0CB8x-xMRnvXcFimJVreWpu-ue2VkH2/view?usp=sharing)
## Agenda 03.04.26 * Actions from the last meeting * dRep compensation paper * van Rossem Hard Fork Status * development status * Enhanced comms: X space Thursday at 1500 UTC * Monthly SPO call Thursday @ 1600 UTC * Future HF planning (CIPS for Djikstra etc) * Including Amaru and other nodes * Parameter Update Status * Updated Plutus V1/V2/V3 cost models to be reviewed this week * Metadata to be prepared * TSC Budget Update * Miro Board: * Budgets will need consolidation * Constitution v2.4 Review * Summary * Forward to Civics Committee to progress * AOB ## Decisions/Actions **Decisions** * **DRep Deposit Research:** Agreed to pull historical benchmarking results (e.g., load tests with 10,000 DREPs) to determine the technical impact of lowering the deposit to 5 ADA. * **KPI Integration:** Confirmed that feedback from the Product Committee regarding TVL definitions (including deposits/min-UTXO) will be incorporated into the KPI document. **Actions** * **Ryan:** Collect feedback on the DRep Compensation paper from the committee in the background for a more detailed discussion next week. * **Kevin & Neil:** Sync up to finalize the formal technical concern statement for the Civics Committee regarding Constitution v2.4. * **Bosko:** Update the Miro board for the TSC budget based on Kevin’s feedback on Slack and clarify the feedback loop with Intersect. * **Kevin:** Ask Mike Hornan to attend the next Parameter Committee meeting to discuss the rationale for the 5 ADA DRep deposit proposal. * **Sebastian:** Coordinate a Doodle poll to schedule a dedicated technical session for the TSC to dive deeper into Linear Leios risk management.
| Topic | Discussion | Notes | | ----------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------------------------- | | Welcome & Quorum | Kevin opened the meeting, noting the group was not currently quorate (5 members present). Logistics regarding daylight savings transitions were discussed. | Europe transitions earlier than North America, causing a 2-3 week shift in meeting times. | | DRep Compensation Paper | Ryan presented a proposal to optimize for decentralization and participation rather than binary "good/bad" voting outcomes. | Proposal involves an "Exclude K, Pay N" model (e.g., exclude top 10, pay next 100). | | Quality Control & AI | Mark and Ryan debated quality control. Mark suggested delegators are the best market mechanism; Ryan noted AI summarized reviews are useful but risky. | Kevin cautioned against AI bias in voting; humans should retain judgment. | | Trialing Compensation | The committee discussed trialing the compensation scheme as a budget experiment via Intersect before formalizing it as a SIP. | Ryan noted that even 1 ADA per proposal could cover transaction fees and incentivize the "middle out" of DREPs. | | Hard Fork Status | Node version 10.7.0 is in preparation. It will enable testing on Preview/Pre-prod but is not the final forking candidate. |


| | SanchoNet Incident | A misconfiguration in the Plutus cost model update on SanchoNet broke script execution; recovery efforts are ongoing. | This incident highlights the need for rigorous testing before Protocol Version 11. | | Timeline Projections | Bosko provided a forecast for a late May 2026 hard fork enactment, assuming a stable node is ready by mid-March. | The timeline includes a 7-10 day buffer for regression and performance testing. | | Luma Hard Fork Calendar | Bosko shared a Luma calendar for all hard fork-related events, including working groups and X spaces. | An X space is scheduled for March 5 at 3 PM UTC. | | Future Scoping (Dextra) | Ryan (W) is developing a tool for on-chain surveys via metadata to allow the community to poll for SIP preferences for the next hard fork. | The tool supports multiple-choice, numerical, and custom field responses. | | Parameter Updates | Alexander reported that the Parameter Committee is reviewing new Plutus cost models and corrected built-in values. | A proposal could be enacted before the hard fork once recommendations are finalized. | | DRep Deposit Proposal | Mike Hornan proposed reducing the DRep deposit from 500 ADA to 5 ADA to promote global inclusion and self-representation. | Alexander questioned if technical spam protection (e.g., certificate size) was the original reason for the higher fee. | | TSC Budget Miro Board | Bosko has consolidated the TSC budget into work packages on a Miro board for Intersect review. | Items include core operations and support for the Security Council. | | Linear Layers Risk | Sebastian updated on the Linear Layers (Leios) prototype. Technical focus is on data storage duration and ledger benchmarking. |


| | Constitution Review | The committee agreed to pass a formal technical concern statement regarding v2.4 to the Civics Committee. | Discussion emphasized identifying loopholes for future v2.5 or v3.0 iterations. |