Cardano’s core development team has received approval to be paid 96 million ADA from the treasury to forge ahead with proposed upgrades to the network.
Input Output Global (IOG) — Cardano’s main development team — submitted the proposal for the equivalent of $71 million in Cardano ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/ada-price-index” rel=”https://cointelegraph.com/ada-price-index” target=”https://cointelegraph.com/ada-price-index” title=”https://cointelegraph.com/ada-price-index”>ADA), which data-ct-non-breakable=”null” href=”https://adastat.net/governances/8ad3d454f3496a35cb0d07b0fd32f687f66338b7d60e787fc0a22939e5d8833e01″ rel=”https://adastat.net/governances/8ad3d454f3496a35cb0d07b0fd32f687f66338b7d60e787fc0a22939e5d8833e01″ target=”https://adastat.net/governances/8ad3d454f3496a35cb0d07b0fd32f687f66338b7d60e787fc0a22939e5d8833e01″ title=”https://adastat.net/governances/8ad3d454f3496a35cb0d07b0fd32f687f66338b7d60e787fc0a22939e5d8833e01″>passed with 74% in favor, representing 200 votes, six against, and seven abstaining, according to the governance action.
The 12-month development plan focuses on improving scalability, the developer experience, and interoperability.
However, the proposal…
