Meeting Minutes March 25, 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

No

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

No

Member/Seat

Y

April 2026

Ryan Wiley

No

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

  • Wilco van de Burgwal

Recording: Technical Steering Committee - 2026/03/25 - Recordingarrow-up-right

Transcript: Technical Steering Committee - 2026/03/25 - Transcriptarrow-up-right

Chat Transcript: Technical Steering Committee - 2026/03/25 - Chat Transcriptarrow-up-right

Agenda 25th March 2026

  • Actions from the Last Meeting

  • TSC Budget Proposal

    • Updates with Comments applied

    • Discussed with Intersect Staff, Changes applied

      • Now 4 WP's Intersect to take on software and TSC Workings

    • Presented to ISC, Execs, and Board Monday Mar 23

  • Intersect Draft Budget

    • In preparation, still very early

  • Parameter Committee Update

    • Plutus Cost Model

    • ccMinSize

    • Review of Plutus mem limit effect

  • From CIP Farm to Hard Fork

    • CIP 179 - active/available on Mainnet

  • Net Change Limit Governance Actions

    • CIP 173

  • 2030 Vision KPI's

  • van Rossem Hard Fork

    • Node 10.7.0 expected this week

    • Risk Register in preparation

  • AOB

Decisions/Actions

Decisions

  • Budget Restructuring: Agreed to move "R&D/Commissioned Reports" into Work Package 4 (Technical Review) and rename it to reflect a more serious R&D focus.

  • Workshop Strategy: Adopted a hybrid model with a preference for virtual sessions, limiting in-person workshops to 4 per year collocated with existing events.

  • Governance Priority: Confirmed that Plutus cost model upgrades will be prioritized ahead of the CC minimum size reduction in the parameter change sequence.

Actions

  • Kevin & Udai: Meet with Intersect representatives to clarify the division of security budgets between the Security Council, OSC, and TSC.

  • Kevin & Neil: Collaborate on a revised proposal for "Professional Technical Reviews" that includes risk registers and higher due diligence standards.

  • Leandros: Update the 2030 KPI document with the latest feedback from the Product Committee and share the community-driven initiatives memo.

  • Terence: Share the confirmed time slots for the upcoming Election X-Spaces and Virtual Hub events in the chat/Slack.

  • Kevin: Review the Node v10.7 pre-release notes and provide final TSC approval for the release.

  • Bosko: Investigate the feasibility of an RSS feed for technical parameter updates to improve developer communication.

  • Bosko: Coordinate a Doodle poll to schedule the private “Linear Leios Risk Management” deep dive with Sebastian.

Topic

Discussion

Notes

Welcome & Quorum

Kevin opened the meeting, noting that only five members were present due to several apologies. The meeting was not quorate.

Ryan and others sent apologies; the meeting proceeded for information sharing.

TSC Budget Proposal

The budget was revised from five to four work packages, totaling $371,000. This aligns with other committee funding levels.

The total Intersect budget is estimated between $7M and $10M.

Budget Pillars

Kevin confirmed the TSC budget aligns with all five Intersect pillars, including infrastructure research, adoption, and sustainability.

Pillar 5 focuses specifically on ecosystem resilience.

Security Response

Udai suggested increasing the Security and Incident Response budget to at least $100k, noting that a single major incident could cost over $500k to contain.

Part of this budget is currently shared with the OSC (Bug Bounty) and Intersect central funds.

Technical Review Costs

Neil criticized the $150 per proposal review rate as "laughable" for $5M delivery projects requiring deep due diligence.

Kevin noted this benchmark was based on government research rates but agreed to refine the figures for delivery projects.

Post-Quantum Research

Kevin highlighted Ethereum’s million-dollar investments in post-quantum research and moved this into a specialized "R&D" work package.

This is critical for Cardano’s status as a security-oriented chain.

Workshops & Travel

The plan includes 10 technical workshops (4 in-person, 6 virtual). In-person events will be collocated with major summits to save costs.

Nicolas emphasized remote-first to increase international attendance and reduce travel fatigue.

CC Minimum Size

Kevin reported on the recommendation to reduce the Constitutional Committee (CC) minimum size from 7 to 5 members.

The Civics Committee has agreed to move forward with this proposal to improve governance agility.

Plutus Cost Models

Neil reported a potential issue: some existing script costs have increased. Transactions created with "lazy" fee calculations might fail.

These changes must be communicated clearly to DApp developers to avoid "red letter day" failures.

DRep Deposit (5 ADA)

Benchmarking confirms the system can handle 5,000+ DReps. The 5 ADA deposit aims for global inclusivity.

There is currently no automated mechanism to refund the 495 ADA difference to existing DReps.

Node v10.7 Status

Node v10.7 is in pre-release testing. A minor "breakage" occurred at the end of the previous day, but a fix is imminent.

v10.7 is a precursor; Node v11 will be the official hard fork-capable version for Mainnet.

2030 Vision KPIs

The Product Committee is reviewing the TSC's proposed values. One member is pushing for more "community-driven" qualitative KPIs.

Leandros will share the specific memo regarding community-driven initiatives on Slack.

Hard Fork Risk Register

The Hard Fork Working Group is populating a risk register based on lessons learned from previous upgrades.

This will be shared with the TSC for final technical vetting.

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