> For the complete documentation index, see [llms.txt](https://committees.docs.intersectmbo.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://committees.docs.intersectmbo.org/intersect-technical-steering-committee/meeting-minutes/2026-tsc-meeting-minutes/meeting-minutes-march-04-2026.md). # 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. | --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://committees.docs.intersectmbo.org/intersect-technical-steering-committee/meeting-minutes/2026-tsc-meeting-minutes/meeting-minutes-march-04-2026.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.