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Meeting Minutes April 15, 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

No

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

  • Markus Gufler

  • Vinay Devabhakthuni

  • Christian Taylor

Chat Transcript: Not available at the moment due to Google technical issue

Agenda 15th April 2026

  • Actions from the last meeting

  • Intersect Elections

  • TSC Budget Proposal

  • van Rossem Hard Fork

  • 2030 KPI Review

  • Dijkstra Hard Fork Scope

  • Parameter Committee Update

  • AOB

Decisions/Actions

Decisions

  • Meeting Schedule: Provisionally agreed to join the Linear Leios monthly meeting in two weeks and cancel that week's TSC meeting to avoid overlap.

  • Budget Finalization: The TSC proposal is considered done; Kevin will finalize it assuming no further verbal objections are raised.

  • Dijkstra Polling: Agreed to promote a broad "maximalist" list of CIPs for community prioritization before narrowing scope based on implementation feasibility.

Actions

  • Kevin: Finalize and submit the 2026 TSC budget proposal.

  • Neil: Create an outline for a "Professional Technical Review" process to ensure higher due diligence standards for Intersect projects.

  • Bosko: Execute the plan to make specific Discord channels read-only for the public to improve technical communication.

  • Ryan: Coordinate with Ryan Williams to finalize the "maximal list" of forkable CIPs for the Dijkstra survey.

  • Kevin: Raise the guardrail script testing requirement (for the new Plutus cost model) with Mike Hornan on Preview.

  • All Members: Review the parameter committee documents on K=1000 and minPoolCost=75 via the links shared in chat.

Topic

Discussion

Notes

Welcome & Quorum

Kevin opened the meeting, confirming six voting members present. The committee is quorate.

Committee Elections

There are 5 open TSC positions with 4 applicants so far. Applications close tomorrow (April 16). Voting begins next Monday.

Kevin encouraged members to reach out to qualified technical candidates.

TSC Budget Proposal

The budget was trimmed to four work packages, totaling ~$400,000. It includes support for the Security Council and 10 technical workshops (mostly virtual).

The proposal is being merged into Intersect’s omnibus budget ($7M–$10M).

Technical Review Rates

Kevin increased the proposed community technical review rate from $150 to $250 per proposal to better reflect the effort required.

Neil noted that professional due diligence for multi-million dollar projects is a non-trivial task.

2030 Vision KPIs

Leandros and Kevin met with the Product Committee. They are near finalization on metrics for protocol revenue, TVL, and chain quality.

A session with the Product Committee is scheduled immediately after this call to finalize the list.

Chain Quality Metric

Discussion on measuring chain density during "Genesis windows" vs "per-epoch" to better identify risks from long-range attacks.

Van Rossom Hard Fork

Node v10.7.0 was released but discovered to have serious performance issues (50% CPU increase) and a rare consensus bug.

A new version, 10.7.1, is required to fix these issues before Mainnet readiness.

Node v11 / Integration

Integration with DREPs is already underway against v10.7.0. The official hard fork node will likely be v11 (derived from v10.7.2).

Current "cautiously pessimistic" forecast for enactment is late June/early July.

Plutus Cost Model Risk

Neil warned that increasing primitive costs could cause existing DApp scripts to fail if they don't have sufficient fee headroom.

Kevin will test the guardrail script on Preview once the new cost model is enacted to ensure no lockouts.

Dijkstra (Next HF) Scope

Ryan shared a draft for an on-chain survey (CIP-179) to prioritize which SIPs to include in the Dijkstra era.

Leios, nested transactions, and incentive changes are high-priority candidates.

CIP Triage Process

The committee debated how to narrow a "wish list" into a "short list." Sebastian noted that implementation "champions" are required for any CIP to progress.

Incentives Ballot

An incentives-specific ballot is launching in the next two weeks, potentially overlapping with the Dextra survey.

Frames will be used to clarify: one ballot for "support" and the other for "prioritization."

Net Change Limit (NCL)

Ryan discussed the technical challenge of the ledger tracking a rolling window of 73 epochs (~1 year) of revenue/withdrawals.

The committee leaned toward ledger-level enforcement at enactment rather than at submission.

Parameter Committee

Alexander is soliciting expert feedback on increasing K to 1000 and reducing the minPoolCost to 75 ADA.

The CC minimum size reduction is ready but waiting for the Plutus cost model update to clear.

Discord Openness

Bosko is pushing to make technical Discord channels (e.g., Hard Fork Working Group) read-only for non-Intersect members.

This aims to improve transparency without requiring a membership "gate."

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