Meeting Minutes January 28, 2026

Attendees:

Name	Attendance	Role	Voting Seat (Y/N)	Term
Kevin Hammond	No	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	Yes	Member/Seat	Y	April 2026
Sebastian Nagel	No	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	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

• Markus Gufler

• Mike Hornan

Recording: Technical Steering Committee - 2026/01/28 - Recording

Transcript: Technical Steering Committee - 2026/01/28 - Transcript

Chat Transcript: Technical Steering Committee - 2026/01/28 - Chat Transcript

Intros

Neil: TSC, Parameters - PNSol Udai: TSC member, AIQUANT Nicolas: TSC Voting member, Director of Software Architecture, IOG. Ryan Wiley: Ryan Wiley, TSC Voting Member, Cybersecurity Professional Bosko: Senior Project Manager, Intersect Staff, TSC Secretary Tex: Open Source Program Manager, Intersect Staff, OSC Secretary, Committee Liaison

Agenda 01.28.26

• Actions from the last meeting

• TSC Operational Budget updates

• Constitution 2.4 effects

• Quick review of the parameter changes

• Vice-Chair

• AOB

Decisions/Actions

Decisions

• Chairmanship: Neil will chair the current session in the absence of a volunteer vice-chair.

• Coordination: The committee decided to wait for Ryan’s math summary and Nicolas’s update on the IOG report before finalizing governance action steps on K-parameter changes.

Actions

• Markus: Provide the specific date/time for the SPO roundtable to the committee for promotion.

• Neil & Kevin: Review the Constitution 2.4 updates and security assessment for the next meeting.

• Ryan: Write a paragraph summarizing the "Stake Pool Math" (including pool counts and redistribution figures) for the minutes.

• Nicolas: Contact Carlos/IOG to determine the release timeline for the Incentive Research report.

• All Members: Spend 10 minutes reviewing the Operational Budget document on Slack and leave comments.

Topic	Discussion	Notes
Meeting Opening	Neil took over as Chair for the meeting as no vice-chair had volunteered. Quorum was confirmed with six voting members present.	Neil to act as Chair; Bosko assisting with agenda and actions.
Agenda Approval	Bosko presented a structured agenda including previous actions, budget, and constitution updates.	No other business was added at the start of the meeting.
SPO Outreach	Markus provided an update on a community initiative for an SPO (Stake Pool Operator) roundtable scheduled for next week to discuss parameter changes.	Initiative is community-branded, not Foundation-branded; includes participation from Pi and others.
Communication Strategy	The committee discussed the need to promote the roundtable and the importance of SPOs voting on current governance actions.	Use Intersect and TSC channels to advertise the upcoming session once scheduled.
Governance Interdependencies	Markus raised concerns regarding whether a failure of the current parameter proposal would delay the upcoming hard fork.	Neil clarified that while parameter changes and hard forks have separate timelines, lack of coordination causes community "suffering."
Operational Budget	The budget document has been shared on Slack with figures added by Kevin.	Committee members are urged to review and provide feedback within the document.
Constitution Updates	Discussion on Constitution 2.4 was deferred as a security assessment must be completed first.	Item carried over to the next meeting.
Stake Pool Math (K-Parameter)	Ryan presented data on moving the K-parameter from 500 to 1,000. He estimated 5 billion ADA would be redistributed, potentially making ~345 small pools viable.	Ryan to provide a written summary paragraph with specific pool category data for the formal record.
Incentive Analysis Report	Nicolas mentioned that IOG (Input Output Global) is working on an incentive analysis report led by Carlos.	Nicolas to check the timeline of this report to see if the TSC should wait for its findings.
CIP Backlog	Ryan noted technical complications regarding the "immu" (immutability) CIP.	Technical details are being discussed with CIP editors; link provided in chat.
Vice Chair Vacancy	Neil declined the permanent Vice Chair role due to other commitments. No other volunteers stepped forward.	Position remains vacant.
New Member Introduction	Udai introduced himself, offering his background in architecture/security and volunteering his team of developers to assist the TSC.	Neil suggested Udai’s team focus on the Parameters Committee to learn operational economics.