Fri, February 21

Cardano Achieves Decentralized Governance Milestone with New Ratification

Cardano Achieves Decentralized Governance Milestone with New Ratification Editors News
  • Cardano founder Charles Hoskinson announced that the new Cardano Constitution has officially replaced the interim version following a successful ratification vote.
  • The vote saw 85% approval, with only 6.62% opposed and 7.68% abstaining, reflecting strong community endorsement.
  • The new Constitution, crafted over two years with contributions from over 1,800 participants in 50 countries, marks a major step toward fully decentralized governance.

Cardano has reached a key milestone in its transition toward decentralized governance. During a video broadcast on Tuesday, founder Charles Hoskinson revealed that the interim Cardano Constitution has been officially replaced following a successful ratification vote.

The new document received 85% approval from the community, marking a significant step for the ecosystem.

Cardano Constitution Ratified with Overwhelming Support

Hoskinson celebrated the achievement during a live broadcast, stating, “This is a special broadcast I’m very proud to make. Allow me to be one of the first to congratulate the entire Cardano ecosystem for reaching the ratification threshold for the Constitution.” The ratification vote, which resulted in 85% support, underscores the community’s strong belief in the principles and framework laid out in the new Constitution.

The new Constitution is the result of over two years of dedicated work, involving countless workshops, debates, and contributions from more than 1,800 participants across 50 countries. Hoskinson emphasized that despite moments of uncertainty, the team’s collaborative effort proved successful.

He noted that the unanimous support from the Constitutional Committee members exceeded the required 67% threshold, reflecting the decentralized structure of the Cardano ecosystem. He even compared the feat to constitutional amendments in other nations, noting, “When was the last time the U.S. Constitution was amended? I believe it was the early 90s.”

With the ratification of its Constitution, Cardano now embarks on a new phase of decentralized governance. The ecosystem, which includes over 800 decentralized stakeholders and more than 108,000 active delegators, will soon transition to a model governed by elected officials.

Hoskinson stated, “From now on, Cardano will be governed by elected officials, which means Cardano is now a government.” Moving forward, the focus will shift to ratifying the product roadmap and budget while preparing for elections to replace the interim Constitutional Committee members, whose terms expire in September.

Hoskinson emphasized that the Constitution is a living document, set to evolve with the community’s feedback, ensuring that Cardano continues to grow in line with its users’ needs.

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