Cardano's founding entities have proposed a 70 million ADA budget to fund critical infrastructure integrations, following a recent chain split incident. The proposal aims to enhance Cardano's DeFi ecosystem by supporting stablecoin integrations, digital asset custody, cross-chain bridges, and on-chain analytics. This initiative, requiring community approval, is crucial for Cardano's 2026 expansion plans.
The proposal comes after Cardano's swift recovery from a chain split on November 21, caused by an AI-generated malformed transaction. The network demonstrated resilience, with quick updates restoring consensus. The budget proposal, if approved, will be a significant test of Cardano's decentralized governance, potentially shaping its future role in the blockchain industry.
Cardano Proposes 70 Million ADA Budget for 2026 Infrastructure
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