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 - Recording
Transcript: Technical Steering Committee - 2026/03/25 - Transcript
Chat Transcript: Technical Steering Committee - 2026/03/25 - Chat Transcript
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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