> 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-11-2026.md).

# Meeting Minutes March 11, 2026

## Attendees:&#x20;

| 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
* Ken-Erik Ølmheim
* Mike Hornan
* Nikhil Shetty

Recording: [Technical Steering Committee - 2026/03/11 - Recording](https://drive.google.com/file/d/1bMzxp8zswvbukbBr8dJ9wBDRqXin4hz_/view?usp=drive_link)

Transcript: [Technical Steering Committee - 2026/03/11 - Transcript](https://docs.google.com/document/d/1teUjuEPmpdfISR3SzMExF_AGb1c8GyGTNtRovDDXuUs/edit?usp=drive_link)

Chat Transcript: [Technical Steering Committee - 2026/03/11 - Chat Transcript](https://drive.google.com/file/d/1foRApnjGb8IFoSoid5yK5vP0L1_e0i53/view?usp=drive_link)

## Agenda 11th March 2026

* Actions from the last meeting
* Budget Process
  * Budget Committee Info Action
  * Projected Timeline
  * Intersect Central Budget
  * Budget Proposal Template
* Parameter Update Status
  * Draft Metadata for Plutus cost model upgrade
  * Joint session with Civics Committee on ccMinSize
  * Reducing dRep deposit (5 ADA proposed)
  * Future Governance Actions
    * Plutus mem limits pt. 2
    * Tx fee reduction
    * Reduce minPoolCost
    * Increase target#ofPools
* Hard Fork Status
  * Node status
  * DB-Sync status
* 2030 Vision KPI's
  * Update from discussion with Product Committee last week
* Discord
* Confirm Meeting Cadence
* Committee Elections - Visibility (X Spaces / Virtual hub)
* AOB

## Decisions/Actions

**Decisions**

* **KPI Normalization:** The committee decided to pursue "Chain Quality" (actual vs. expected blocks) as a more robust metric than raw "Chain Density."
* **Budget Strategy:** Kevin and Bosko will meet privately to map TSC operational needs into the mandated Intersect budget template.
* **Review Process:** The TSC will limit its role to providing early technical feedback to DReps rather than attempting exhaustive reviews of all Intersect proposals.

**Actions**

* **Kevin & Neil:** Sync up immediately after this meeting to finalize the formal statement on Constitution 2.4 technical concerns.
* **Bosko:** Coordinate a Doodle poll to schedule the technical deep-dive on Linear Leios risk management (with Sebastian).
* **Kevin:** Request historical benchmarking results from the performance team regarding DRep scaling (10,000+ DReps) for the Parameter Committee.
* **Leandros:** Update the KPI document with integrated feedback from the Product Committee by next week.
* **Terence:** Forward the guide on "How to join Intersect Discord" to the TSC channel for dissemination.
* **Bosko & Terence:** Finalize potential time slots for the TSC X-Space and Virtual Hub election events.<br>

| Topic                   | Discussion                                                                                                                                       | Notes                                                                                             |
| ----------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------------------------------------------------------------------------- |
| Welcome & Quorum        | Kevin opened the meeting. Six voting members were present, establishing a quorum. Issues with daylight savings and calendar overlaps were noted. | European daylight savings transitions soon; meeting times will be adjusted relative to UTC.       |
| DRep Compensation Paper | Ryan updated the committee on his paper. A community member (Udai) built a model integrating these ideas.                                        | Ryan noted a lack of deep feedback so far; the item remains open for next week.                   |
| 2026 Budget Info Action | Kevin discussed the Intersect Info Action open until April 4th. This governs the proposal process for the 2026 budget.                           | <p><br></p>                                                                                       |
| TSC Budget Alignment    | Discussion on the requirement to align TSC work with "Product Pillars." Nicolas argued this is a mismatch for a support committee.               | The committee must fit into a template designed for development projects.                         |
| Budget Timeline         | The TSC budget proposal must be ready by March 20th. Kevin and Bosko will meet to finalize work packages.                                        | Timeline is tight; ratification is expected at the next TSC meeting.                              |
| Review Proposals Load   | The TSC is invited to provide technical reviews for community budget proposals over a six-week period.                                           | Kevin expressed concern over workload and the need to avoid open-ended commitments.               |
| Parameter Update Status | Alexander and Kevin reported on Plutus cost model upgrades. Corrected built-in values were accepted subject to benchmarking.                     | Enactment will occur on SanchoNet/Preview first before moving to Mainnet.                         |
| DRep Deposit Reduction  | Mike proposed reducing the DRep deposit from 500 ADA to 5 ADA to improve global inclusivity.                                                     | Benchmark tests suggest the chain can support 5,000+ DReps without performance issues.            |
| Node 11 & Hard Fork     | Node 10.7.0 is coming soon for testing, but Node v11 is required for the actual Preview hard fork.                                               | Current projections place the hard fork enactment in early June 2026.                             |
| 2030 Vision KPIs        | Leandros noted the Product Committee is receptive to TVL definitions including pool deposits and min-UTXO.                                       | Security remains a primary Unique Selling Point (USP) for Cardano over pure throughput.           |
| Discord Gatekeeping     | Sebastian raised concerns that Intersect’s Discord requires membership to join technical working groups, creating friction.                      | <p><br></p>                                                                                       |
| Associate Tier Access   | Terence clarified that the "Associate" tier is free and provides access, though registration is still a necessary hurdle for security.           | A one-sentence guide for joining the Discord server will be prepared to assist community members. |
| Committee Elections     | The TSC must lead an X-Space and a Virtual Hub session between March 30 and April 17 to highlight committee service.                             | Participation times must be scheduled by next Thursday (March 19).                                |


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