{"id":46013,"date":"2026-06-01T12:08:34","date_gmt":"2026-06-01T03:08:34","guid":{"rendered":"https:\/\/sipo.tokyo\/?p=46013"},"modified":"2026-06-01T12:08:35","modified_gmt":"2026-06-01T03:08:35","slug":"post-46013","status":"publish","type":"post","link":"https:\/\/sipo.tokyo\/?p=46013","title":{"rendered":"SIPO DRep\uff1a\u300eCardano Vision 2026: Human Centred, Scalable, Post-Quantum Secure\uff08IO Research\uff09\u300f\u63d0\u6848\u3092\u3069\u3046\u8003\u3048\u308b\u304b \u2015 SIPO DRep \u306e\u5206\u6790\u3068\u300c\u8cdb\u6210\uff08Yes\uff09\u300d\u8a55\u4fa1\u3001\u30b9\u30bf\u30f3\u30b9"},"content":{"rendered":"\n<div class=\"dp_toc_container pos-before_first_h allow-toggle\" role=\"navigation\" data-margin=\"30\"><p class=\"toc_title_block\"><span class=\"toc_title icon-list\">INDEX<\/span><span class=\"toc_toggle icon-up-open\" role=\"button\"><\/span><\/p><ul class=\"dp_toc_ul has_title\"><li><a href=\"#cardano-vision-2026-human-centred-scalable-post-quantum-secureefbc88io-researchefbc89-1\">Cardano Vision 2026: Human Centred, Scalable, Post-Quantum Secure\uff08IO Research\uff09<\/a><\/li><li><a href=\"#cardano-vision-2026-e38292e381a9e38186e8a68be3828be3818b-e28095-sipo-drep-e381a8e38197e381a6e381aee58886e69e90e381a8e382b9e382bfe383b3e382b9-2\">Cardano Vision 2026 \u3092\u3069\u3046\u898b\u308b\u304b \u2015 SIPO DRep \u3068\u3057\u3066\u306e\u5206\u6790\u3068\u30b9\u30bf\u30f3\u30b9<\/a><ul><li><a href=\"#e68f90e6a188e381aee6a682e8a681-3\">\u63d0\u6848\u306e\u6982\u8981<\/a><\/li><li><a href=\"#cv26-e381a8e381afe4bd95e3818b-e28095-io-research-e381aee7a094e7a9b6e38397e383ade382b0e383a9e383a0-4\">CV26 \u3068\u306f\u4f55\u304b \u2015 IO Research \u306e\u7814\u7a76\u30d7\u30ed\u30b0\u30e9\u30e0<\/a><\/li><li><a href=\"#e4bd95e381abe68a95e8b387e38199e3828be381aee3818b-5\">\u4f55\u306b\u6295\u8cc7\u3059\u308b\u306e\u304b<\/a><\/li><li><a href=\"#e382ace38390e3838ae383b3e382b9e381a8e694afe68995e38184e6a78be980a0-6\">\u30ac\u30d0\u30ca\u30f3\u30b9\u3068\u652f\u6255\u3044\u69cb\u9020<\/a><\/li><li><a href=\"#5-e69c88e381ae-io-e5ae9fe8a385e383a9e382a6e383b3e38389e381a8e381aee996a2e4bf82-e28095-e9878de8a487e3818be8a39ce5ae8ce3818b-7\">5 \u6708\u306e IO \u5b9f\u88c5\u30e9\u30a6\u30f3\u30c9\u3068\u306e\u95a2\u4fc2 \u2015 \u91cd\u8907\u304b\u88dc\u5b8c\u304b<\/a><\/li><li><a href=\"#e381aae3819ce3808ce8b39be68890efbc88yesefbc89e3808de381aae381aee3818b-e28095-tweag-e6a384e6a8a9e381a8e381aee98195e38184-8\">\u306a\u305c\u300c\u8cdb\u6210\uff08Yes\uff09\u300d\u306a\u306e\u304b \u2015 Tweag \u68c4\u6a29\u3068\u306e\u9055\u3044<\/a><\/li><li><a href=\"#sipo-drep-e381a8e38197e381a6e381aee7b590e8ab96e383bbe382b9e382bfe383b3e382b9-9\">SIPO DRep \u3068\u3057\u3066\u306e\u7d50\u8ad6\u30fb\u30b9\u30bf\u30f3\u30b9<\/a><\/li><\/ul><\/li><li><a href=\"#how-sipo-views-cardano-vision-2026-io-research-a-drep-perspective-10\">How SIPO Views Cardano Vision 2026 (IO Research) \u2014 A DRep Perspective \u2014<\/a><ul><li><a href=\"#overview-11\">Overview<\/a><\/li><li><a href=\"#what-cv26-represents-12\">What CV26 Represents<\/a><\/li><li><a href=\"#governance-disbursement-13\">Governance &amp; Disbursement<\/a><\/li><li><a href=\"#relationship-to-the-may-io-implementation-round-14\">Relationship to the May IO Implementation Round<\/a><\/li><li><a href=\"#why-sipo-votes-yes-and-how-this-differs-from-tweag-15\">Why SIPO Votes Yes \u2014 and How This Differs from Tweag<\/a><\/li><li><a href=\"#final-position-16\">Final Position<\/a><\/li><\/ul><\/div><h2 class=\"wp-block-heading deb-core-block deb-block-1f567de\" id=\"cardano-vision-2026-human-centred-scalable-post-quantum-secureefbc88io-researchefbc89-1\">Cardano Vision 2026: Human Centred, Scalable, Post-Quantum Secure\uff08IO Research\uff09<\/h2>\n\n\n\n<ul class=\"wp-block-list wp-block-list list-col-1 inline-img-left deb-core-block deb-block-3c4001b\">\n<li class=\"deb-core-block\">Governance Action Type: Treasury Withdrawal\uff08\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u5f15\u304d\u51fa\u3057\uff09<\/li>\n\n\n\n<li class=\"deb-core-block\">\u63d0\u51fa: 2026\u5e745\u67087\u65e5\uff08Epoch 629\uff09<\/li>\n\n\n\n<li class=\"deb-core-block\">\u5931\u52b9: 2026\u5e746\u67089\u65e5\u9803\uff08Epoch 636\uff09<\/li>\n\n\n\n<li class=\"deb-core-block\">\u8981\u6c42\u984d: \u20b332,916,000\uff08\u7d04 USD 7.9M\uff09<\/li>\n\n\n\n<li class=\"deb-core-block\">\u63d0\u6848\u8005: IO Research\uff08Input Output\uff09<\/li>\n\n\n\n<li class=\"deb-core-block\">Governance Action ID: <code>gov_action1ttgs45ulfxs0jwkfrecystc3flduhszmyzk8wnd7yw5za77tsg9qq4afmus<\/code><\/li>\n\n\n\n<li class=\"deb-core-block\">Legacy Governance Action ID (CIP-105): <code>5ad10ad39f49a0f93ac91e70482f114fdbcbc05b20ac774dbe23a82efbcb820a#0<\/code><\/li>\n\n\n\n<li class=\"deb-core-block\">gov.tools: <a href=\"https:\/\/gov.tools\/governance_actions\/5ad10ad39f49a0f93ac91e70482f114fdbcbc05b20ac774dbe23a82efbcb820a#0\" target=\"_blank\" rel=\"noopener\">\u8a72\u5f53\u30ac\u30d0\u30ca\u30f3\u30b9\u30a2\u30af\u30b7\u30e7\u30f3\u3092\u958b\u304f<\/a><\/li>\n\n\n\n<li class=\"deb-core-block\"><strong>SIPO DRep \u30b9\u30bf\u30f3\u30b9: \u8cdb\u6210\uff08Yes\uff09<\/strong><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading deb-core-block deb-block-0f3ab69\" id=\"cardano-vision-2026-e38292e381a9e38186e8a68be3828be3818b-e28095-sipo-drep-e381a8e38197e381a6e381aee58886e69e90e381a8e382b9e382bfe383b3e382b9-2\">Cardano Vision 2026 \u3092\u3069\u3046\u898b\u308b\u304b \u2015 SIPO DRep \u3068\u3057\u3066\u306e\u5206\u6790\u3068\u30b9\u30bf\u30f3\u30b9<\/h2>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-17fcb29\" id=\"e68f90e6a188e381aee6a682e8a681-3\">\u63d0\u6848\u306e\u6982\u8981<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-59c29c6\">\u672c\u63d0\u6848\u306f\u3001IO Research \u304c Cardano \u306e 2030 \u5e74\u76ee\u6a19\u306b\u5411\u3051\u305f\u7814\u7a76\u304b\u3089\u5b9f\u88c5\u307e\u3067\u306e\u4e00\u8cab\u30d7\u30ed\u30b0\u30e9\u30e0\u300cCardano Vision 2026\uff08CV26\uff09\u300d\u3092\u9042\u884c\u3059\u308b\u305f\u3081\u306b\u3001\u20b332,916,000 \u306e\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u5f15\u304d\u51fa\u3057\u3092\u6c42\u3081\u308b\u3082\u306e\u3067\u3059\u3002\u524d\u5e74\u306e CV25 \u306f\u76ee\u6a19\u3092\u7d04 20% \u4e0a\u56de\u3063\u3066\u5b9f\u884c\u3055\u308c\u3066\u304a\u308a\u3001\u672c\u63d0\u6848\u306f\u305d\u306e\u7d99\u7d9a\u306b\u3042\u305f\u308a\u307e\u3059\u3002\u30d7\u30ed\u30b0\u30e9\u30e0\u306f 7 \u3064\u306e\u30ef\u30fc\u30af\u30d1\u30c3\u30b1\u30fc\u30b8\u3067\u69cb\u6210\u3055\u308c\u3001\u30a4\u30ce\u30d9\u30fc\u30b7\u30e7\u30f3\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u5168\u4f53\u3067 <strong>42 \u306e\u6210\u679c\u7269<\/strong>\uff0838 \u672c\u306e\u8ad6\u6587\u30fb\u6280\u8853\u30ec\u30dd\u30fc\u30c8\u30018 \u4ef6\u306e Cardano Problem Statement\u300112 \u4ef6\u306e\u30d7\u30ed\u30c8\u30bf\u30a4\u30d7\u30015 \u4ef6\u306e Cardano Improvement Proposal\uff09\u3092\u63d0\u4f9b\u3057\u307e\u3059\u3002\u6a2a\u65ad\u3059\u308b 3 \u3064\u306e\u30c6\u30fc\u30de\u306f\u3001<strong>human-centred design<\/strong>\uff08\u958b\u767a\u8005\u4f53\u9a13\u30fbSPO \u30a4\u30f3\u30bb\u30f3\u30c6\u30a3\u30d6\u6574\u5408\u30fbminUTXO\uff09\u3001<strong>\u30b9\u30b1\u30fc\u30e9\u30d3\u30ea\u30c6\u30a3<\/strong>\uff08Leios\/Peras \u7d71\u5408\u30fbL2 \u5b9f\u884c\u30fbZK \u30b9\u30b1\u30fc\u30ea\u30f3\u30b0\uff09\u3001<strong>\u30dd\u30b9\u30c8\u91cf\u5b50\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3<\/strong>\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-9e40183\" id=\"cv26-e381a8e381afe4bd95e3818b-e28095-io-research-e381aee7a094e7a9b6e38397e383ade382b0e383a9e383a0-4\">CV26 \u3068\u306f\u4f55\u304b \u2015 IO Research \u306e\u7814\u7a76\u30d7\u30ed\u30b0\u30e9\u30e0<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-f3e7753\">CV26 \u306f\u3001\u7814\u7a76\uff08IOR\uff09\u30fb\u5fdc\u7528\u5de5\u5b66\uff08ARC\uff09\u30fb\u88fd\u54c1\u6574\u5408\uff08Cardano Business Unit\uff09\u3092\u675f\u306d\u305f IO Research \u306e delivery \u30e2\u30c7\u30eb\u3067\u9042\u884c\u3055\u308c\u307e\u3059\u3002\u8cc7\u91d1\u306f\u3001\u30a8\u30c7\u30a3\u30f3\u30d0\u30e9\u30fb\u6771\u4eac\u30fb\u30aa\u30c3\u30af\u30b9\u30d5\u30a9\u30fc\u30c9\u30fb\u30d6\u30a8\u30ce\u30b9\u30a2\u30a4\u30ec\u30b9\u306e\u5404\u5927\u5b66\u306b Eryx \u306a\u3069\u306e\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u8ca2\u732e\u8005\u3092\u52a0\u3048\u305f <strong>9 \u6a5f\u95a2\u306e R&amp;D \u30b3\u30f3\u30bd\u30fc\u30b7\u30a2\u30e0<\/strong>\uff08Aggelos Kiayias \u306e\u79d1\u5b66\u7684\u7d71\u62ec\u306e\u4e0b\u3001\u8a08 36 FTE\uff09\u3092\u652f\u3048\u307e\u3059\u3002\u7814\u7a76\u2192\u6280\u8853\u9769\u65b0\u2192\u5b9f\u88c5\u6e96\u5099\u3068\u3044\u3046 IOR \u306e\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u3092\u901a\u3058\u3066\u3001\u57fa\u790e\u7814\u7a76\u306e\u6210\u679c\u304c\u4f53\u7cfb\u7684\u306b\u300c\u5c55\u958b\u53ef\u80fd\u306a\u80fd\u529b\u300d\u3078\u3068\u5909\u63db\u3055\u308c\u308b\u8a2d\u8a08\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-d55059e\" id=\"e4bd95e381abe68a95e8b387e38199e3828be381aee3818b-5\">\u4f55\u306b\u6295\u8cc7\u3059\u308b\u306e\u304b<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-2d9e8ae\">\u30dd\u30b9\u30c8\u91cf\u5b50\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3\u306f\u3001\u6697\u53f7\u524d\u63d0\u304c\u5c06\u6765\u5909\u5316\u3057\u3066\u3082 Cardano \u304c\u9577\u671f\u7684\u306b\u8010\u3048\u3089\u308c\u308b\u3088\u3046\u3001\u91cf\u5b50\u8010\u6027\u30d7\u30ea\u30df\u30c6\u30a3\u30d6\uff08VRF\u30fb\u7f72\u540d\u306a\u3069\uff09\u306e\u8a55\u4fa1\u3068 Ouroboros \u3078\u306e\u79fb\u884c\u8a08\u753b\u3092\u9032\u3081\u307e\u3059\u3002\u30b9\u30b1\u30fc\u30e9\u30d3\u30ea\u30c6\u30a3\u306f\u3001\u30b3\u30f3\u30bb\u30f3\u30b5\u30b9\u6539\u5584\uff08Leios\u30fbPeras\uff09\u30fb\u5b9f\u884c\u30b9\u30b1\u30fc\u30ea\u30f3\u30b0\uff08L2\u30fb\u30c7\u30fc\u30bf\u53ef\u7528\u6027\uff09\u30fbZK \u5bfe\u5fdc\u30b9\u30b1\u30fc\u30ea\u30f3\u30b0\u30fb\u9577\u671f\u7814\u7a76\uff08\u30b7\u30e3\u30fc\u30c7\u30a3\u30f3\u30b0\uff09\u3092\u5c64\u72b6\u306b\u7d44\u307f\u5408\u308f\u305b\u3001\u5206\u6563\u6027\u3092\u640d\u306a\u308f\u305a\u306b\u51e6\u7406\u80fd\u529b\u3092\u9ad8\u3081\u307e\u3059\u3002human-centred design \u306f\u3001\u958b\u767a\u8005\u4f53\u9a13\u306e\u6539\u5584\uff08\u5206\u6563\u578b API \u306a\u3069\uff09\u30fbSPO \u306e\u30a4\u30f3\u30bb\u30f3\u30c6\u30a3\u30d6\u6574\u5408\u30fbminUTXO \u306b\u3088\u308b\u30e6\u30fc\u30b6\u30fc\u6469\u64e6\u306e\u4f4e\u6e1b\u3092\u6271\u3044\u307e\u3059\u3002\u3044\u305a\u308c\u3082\u3001Cardano \u306e\u30b3\u30a2\u57fa\u76e4\u306e\u6210\u719f\u3068\u6b21\u4e16\u4ee3\u6697\u53f7\u3078\u306e\u63a5\u7d9a\u306e\u305f\u3081\u306b\u3001\u672c\u6765 Treasury \u304c\u6295\u8cc7\u3059\u3079\u304d\u516c\u5171\u8ca1\u3068\u3057\u3066\u306e\u7814\u7a76\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-22a9543\" id=\"e382ace38390e3838ae383b3e382b9e381a8e694afe68995e38184e6a78be980a0-6\">\u30ac\u30d0\u30ca\u30f3\u30b9\u3068\u652f\u6255\u3044\u69cb\u9020<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-4cee587\">\u8cc7\u91d1\u306f\u524d\u6255\u3044\u3067\u306f\u306a\u304f\u3001<strong>\u30de\u30a4\u30eb\u30b9\u30c8\u30fc\u30f3\u3054\u3068\u306b 25% \u305a\u3064 4 \u30c8\u30e9\u30f3\u30b7\u30a7<\/strong>\u3067\u6bb5\u968e\u7684\u306b\u89e3\u653e\u3055\u308c\u307e\u3059\u3002\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u306e\u8cc7\u91d1\u7ba1\u7406\u306b\u306f\u3001TxPipe \u3068 MLabs \u306b\u3088\u308b\u76e3\u67fb\u3092\u7d4c\u305f <strong>SundaeLabs \u306e\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u7ba1\u7406\u30b9\u30de\u30fc\u30c8\u30b3\u30f3\u30c8\u30e9\u30af\u30c8<\/strong>\uff08Treasury Reserve Smart Contract \u3068\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u56fa\u6709\u30b3\u30f3\u30c8\u30e9\u30af\u30c8\uff09\u304c\u7528\u3044\u3089\u308c\u3001Intersect \u304c administrator \u3092\u52d9\u3081\u307e\u3059\u3002\u30de\u30a4\u30eb\u30b9\u30c8\u30fc\u30f3\u306e\u691c\u53ce\u306f Intersect \u307e\u305f\u306f\u7b2c\u4e09\u8005\u306e Assurer \u306b\u63d0\u51fa\u30fb\u8a3c\u660e\u3055\u308c\u3001<strong>\u672a\u6d88\u5316\u306e\u8cc7\u91d1\u306f\u90e8\u5206\u5c65\u884c\u30fb\u30b9\u30b3\u30fc\u30d7\u7e2e\u5c0f\u6642\u306b Treasury \u3078\u6bd4\u4f8b\u8fd4\u9084<\/strong>\u3055\u308c\u307e\u3059\u3002\u3055\u3089\u306b\u3001Sundae Labs\u30fbCardano Foundation\u30fbDquadrant\u30fbXerberus\u30fbNMKR \u306e 5 \u793e\u304b\u3089\u306a\u308b\u72ec\u7acb\u3057\u305f Oversight Committee \u304c\u4e3b\u8981\u306a\u7ba1\u7406\u30a2\u30af\u30b7\u30e7\u30f3\u3092\u691c\u8a3c\u3057\u307e\u3059\u3002SIPO \u304c\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u3092\u78ba\u8a8d\u3057\u305f\u3068\u3053\u308d\u3001\u5f15\u304d\u51fa\u3057\u5148\u306f\u5358\u4e00\u7f72\u540d\u9375\u3067\u306f\u306a\u304f <strong>script credential\uff08\u30b9\u30af\u30ea\u30d7\u30c8\u7ba1\u7406\u30a2\u30c9\u30ec\u30b9\uff09<\/strong>\u3067\u3042\u308a\u3001\u5951\u7d04\u306b\u3088\u308b on-chain \u5f37\u5236\u304c\u52b9\u304f escrow \u30af\u30e9\u30b9\u3067\u3057\u305f\u3002\u3053\u308c\u306f\u3001SIPO \u304c\u5f93\u6765\u304b\u3089\u652f\u6301\u3057\u3066\u304d\u305f\u30ac\u30d0\u30ca\u30f3\u30b9\u6a19\u6e96\u3068\u540c\u4e00\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-b0c5093\" id=\"5-e69c88e381ae-io-e5ae9fe8a385e383a9e382a6e383b3e38389e381a8e381aee996a2e4bf82-e28095-e9878de8a487e3818be8a39ce5ae8ce3818b-7\">5 \u6708\u306e IO \u5b9f\u88c5\u30e9\u30a6\u30f3\u30c9\u3068\u306e\u95a2\u4fc2 \u2015 \u91cd\u8907\u304b\u88dc\u5b8c\u304b<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-91f8fd7\">\u672c\u63d0\u6848\u3092\u898b\u308b\u3046\u3048\u3067\u8ad6\u70b9\u306b\u306a\u308b\u306e\u304c\u3001SIPO \u304c 2026 \u5e74 5 \u6708\u306b\u8cdb\u6210\u3057\u305f IO \u4e3b\u5c0e\u306e\u5b9f\u88c5\u30a4\u30cb\u30b7\u30a2\u30c1\u30d6\u7fa4\uff08\u30b3\u30f3\u30bb\u30f3\u30b5\u30b9\uff1dLeios\u3001L2 \u30b9\u30b1\u30fc\u30e9\u30d3\u30ea\u30c6\u30a3\u3001\u958b\u767a\u8005\u4f53\u9a13\u3001Plutus\u3001Cardano upgrades \/ Babel fee\uff09\u3068\u306e\u95a2\u4fc2\u3067\u3059\u3002\u4e21\u8005\u3092\u7a81\u304d\u5408\u308f\u305b\u308b\u3068\u3001CV26 \u306f <strong>\u305d\u308c\u3089\u5b9f\u88c5\u30a4\u30cb\u30b7\u30a2\u30c1\u30d6\u306b\u4f9b\u7d66\u3055\u308c\u308b\u300c\u4e0a\u6d41\u306e\u7814\u7a76\u30a8\u30f3\u30b8\u30f3\u300d<\/strong>\u306b\u3042\u305f\u308a\u307e\u3059\u3002\u57fa\u790e\u79d1\u5b66\u3068 Cardano Improvement Proposal \u304c\u4e0b\u6d41\u306e\u30e1\u30a4\u30f3\u30cd\u30c3\u30c8\u5b9f\u88c5\u3078\u3068\u6d41\u308c\u3066\u3044\u304f\u3001\u7814\u7a76\u3068\u5b9f\u88c5\u306e\u5f79\u5272\u5206\u62c5\u3067\u3059\u3002\u3057\u305f\u304c\u3063\u3066\u3001\u5b9f\u88c5\u3092\u8cc7\u91d1\u5316\u3057\u306a\u304c\u3089\u3001\u305d\u306e\u571f\u53f0\u3068\u306a\u308b\u7814\u7a76\u3092\u652f\u3048\u306a\u3044\u3053\u3068\u306f\u3001SIPO \u306e\u3053\u308c\u307e\u3067\u306e\u59ff\u52e2\u3068\u6574\u5408\u3057\u307e\u305b\u3093\u3002\u540c\u4e00\u6210\u679c\u7269\u3092\u4e8c\u91cd\u306b\u8cc7\u91d1\u5316\u3059\u308b\u72ed\u7fa9\u306e\u30ea\u30b9\u30af\u306f\u3001\u7814\u7a76\uff08CV26\uff09\u3068\u5b9f\u88c5\uff085 \u6708\u30e9\u30a6\u30f3\u30c9\uff09\u306e\u5c64\u304c\u5206\u304b\u308c\u3066\u3044\u308b\u305f\u3081\u4f4e\u3044\u3068\u898b\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-82ba30a\" id=\"e381aae3819ce3808ce8b39be68890efbc88yesefbc89e3808de381aae381aee3818b-e28095-tweag-e6a384e6a8a9e381a8e381aee98195e38184-8\">\u306a\u305c\u300c\u8cdb\u6210\uff08Yes\uff09\u300d\u306a\u306e\u304b \u2015 Tweag \u68c4\u6a29\u3068\u306e\u9055\u3044<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-779db01\">SIPO \u306f\u3001\u9069\u5207\u306b\u30ac\u30d0\u30ca\u30f3\u30b9\u3055\u308c\u305f\u30b3\u30a2\u57fa\u76e4\u306b\u4e00\u8cab\u3057\u3066\u8cdb\u6210\u3057\u3066\u304d\u307e\u3057\u305f\u3002node \u591a\u69d8\u6027\u306e\u89b3\u70b9\u304b\u3089 Amaru\uff08Rust\uff09\u30fbDingo\uff08Go\uff09\u306b\u3001\u30d6\u30e9\u30a6\u30b6\u8efd\u91cf\u30ce\u30fc\u30c9 Gerolamo\uff08TypeScript \/ WebAssembly\uff09\u306b\u3001IO \u306e\u30b3\u30a2\u30d7\u30ed\u30c8\u30b3\u30eb\u30e9\u30a6\u30f3\u30c9\u306b\u3001Blockfrost \u3084 Pogun \u306b\u3001\u3044\u305a\u308c\u3082\u8cdb\u6210\uff08Yes\uff09\u3092\u6295\u3058\u3066\u3044\u307e\u3059\u3002CV26 \u306f\u3053\u306e\u4e2d\u6838\u7814\u7a76\u30af\u30e9\u30b9\u306b\u5c5e\u3057\u3001\u30ac\u30d0\u30ca\u30f3\u30b9\u69cb\u9020\u3082\u540c\u7b49\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"deb-core-block deb-block-a7cbd92\">SIPO \u306f\u540c\u6642\u671f\u306e Tweag \u30b3\u30a2\u57fa\u76e4\u63d0\u6848\u306b\u306f\u68c4\u6a29\uff08Abstain\uff09\u3057\u307e\u3057\u305f\u304c\u3001\u672c\u4ef6\u306f\u4e8b\u60c5\u304c\u7570\u306a\u308a\u307e\u3059\u3002Tweag \u68c4\u6a29\u306e\u7406\u7531\u306f 2 \u70b9 \u2015 \u898f\u6a21\uff08NCL \u306b\u5bfe\u3059\u308b\u5927\u304d\u3055\uff09\u3068\u3001IO \u304c\u30b3\u30a2\u30d7\u30ed\u30c8\u30b3\u30eb\u3092\u4e3b\u5c0e\u30fb\u8cc7\u91d1\u63d0\u4f9b\u3059\u308b\u4e2d\u3067\u306e\u4e26\u884c\u76f4\u63a5\u5f15\u304d\u51fa\u3057\u306b\u304a\u3051\u308b<strong>\u8cc7\u91d1\u8cac\u4efb\u5206\u62c5\u306e\u672a\u78ba\u5b9a<\/strong>\u3067\u3057\u305f\u3002\u5f8c\u8005\u306f\u672c\u4ef6\u306b\u306f\u5f53\u3066\u306f\u307e\u308a\u307e\u305b\u3093\u3002CV26 \u306f IO Research \u81ea\u8eab\u306e\u660e\u78ba\u306b\u30b9\u30b3\u30fc\u30d7\u3055\u308c\u305f\u7814\u7a76\u30de\u30f3\u30c7\u30fc\u30c8\u3067\u3042\u308a\u3001\u5f79\u5272\u5206\u62c5\u306e\u66d6\u6627\u3055\u304c\u306a\u3044\u305f\u3081\u3067\u3059\u3002\u898f\u6a21\u306b\u3064\u3044\u3066\u306f\u3001CV26 \u304c\u73fe\u884c\u30e9\u30a4\u30d6\u3067 2 \u756a\u76ee\u306b\u5927\u304d\u3044\u5f15\u304d\u51fa\u3057\u3067\u3042\u308a\u3001IO \u306e 2026 \u5e74\u7d2f\u8a08\u306e\u30d5\u30c3\u30c8\u30d7\u30ea\u30f3\u30c8\u304c\u5927\u304d\u3044\u3053\u3068\u3092 SIPO \u306f\u8a8d\u8b58\u3057\u3066\u304a\u308a\u3001\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u5168\u4f53\u306e NCL \u3092\u5f15\u304d\u7d9a\u304d\u6ce8\u8996\u3057\u307e\u3059\u3002\u305f\u3060\u3057\u3001\u6bd4\u4f8b\u8fd4\u9084\u3092\u4f34\u3046\u30de\u30a4\u30eb\u30b9\u30c8\u30fc\u30f3\u89e3\u653e\u306e escrow \u306f\u3001\u8868\u9762\u984d\u3092\u898f\u5f8b\u3042\u308b\u300c\u4e0a\u9650\u300d\u306b\u4fdd\u3061\u307e\u3059\u3002\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3\u30fb\u30b9\u30b1\u30fc\u30ea\u30f3\u30b0\u30fb\u30dd\u30b9\u30c8\u91cf\u5b50\u8010\u6027\u306b\u8cc7\u3059\u308b\u7814\u7a76\u2192\u5b9f\u88c5\u30d1\u30a4\u30d7\u30e9\u30a4\u30f3\u306e\u6226\u7565\u7684\u4fa1\u5024\u304c\u3001\u652f\u6301\u3092\u6b63\u5f53\u5316\u3059\u308b\u3068\u5224\u65ad\u3057\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-3fcd016\" id=\"sipo-drep-e381a8e38197e381a6e381aee7b590e8ab96e383bbe382b9e382bfe383b3e382b9-9\">SIPO DRep \u3068\u3057\u3066\u306e\u7d50\u8ad6\u30fb\u30b9\u30bf\u30f3\u30b9<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-e3fefd4\">\u4ee5\u4e0a\u304b\u3089\u3001SIPO \u306f\u672c\u63d0\u6848\u306b <strong>\u8cdb\u6210\uff08Yes\uff09<\/strong> \u3092\u6295\u3058\u307e\u3057\u305f\u3002\u3053\u308c\u306f\u5168\u9805\u76ee\u306e\u7121\u6761\u4ef6\u627f\u8a8d\u3067\u306f\u306a\u304f\u3001\u9069\u5207\u306b\u30ac\u30d0\u30ca\u30f3\u30b9\u3055\u308c\u305f\u3001\u30de\u30a4\u30eb\u30b9\u30c8\u30fc\u30f3\u89e3\u653e\u578b\u306e\u30b3\u30a2\u7814\u7a76\u3078\u306e\u652f\u6301\u3067\u3059\u3002SIPO \u306f\u672c\u63d0\u6848\u306b\u3001\u6b21\u306e\u70b9\u3092\u671f\u5f85\u3057\u307e\u3059\u3002\u3059\u306a\u308f\u3061\u3001(1) \u4e8c\u91cd\u8cc7\u91d1\u3092\u907f\u3051\u308b\u305f\u3081\u306e CV26 \u306e Leios\/Peras \u7814\u7a76\u3068 Tweag \u306e Peras \u30e1\u30a4\u30f3\u30cd\u30c3\u30c8\u5b9f\u88c5\u306e\u660e\u78ba\u306a\u5207\u308a\u5206\u3051\u3001(2) CV26 \u306e\u30dd\u30b9\u30c8\u91cf\u5b50\u30fbZK \u7814\u7a76\u304c\u95a2\u9023\u3059\u308b\u6697\u53f7\u63d0\u6848\u3092\u5305\u542b\u3059\u308b\u306e\u304b\u88dc\u5b8c\u3059\u308b\u306e\u304b\u306e\u660e\u78ba\u5316\u3001(3) \u30b3\u30df\u30c3\u30c8\u3055\u308c\u305f\u56db\u534a\u671f\u66f4\u65b0\u30fb\u534a\u671f\u5831\u544a\u30fb\u5e74\u672b\u306e\u8ca1\u52d9\u5185\u8a33\u306e\u63d0\u4f9b\u3001(4) \u672a\u5c65\u884c\u30fb\u7e2e\u5c0f\u30b9\u30b3\u30fc\u30d7\u5206\u306e Treasury \u3078\u306e\u6bd4\u4f8b\u8fd4\u9084\u3001\u3067\u3059\u3002SIPO \u306f\u904e\u5ea6\u306a\u671f\u5f85\u3092\u7f6e\u304f\u306e\u3067\u306f\u306a\u304f\u3001\u3053\u306e\u57fa\u76e4\u7814\u7a76\u306e\u9042\u884c\u3092\u5fdc\u63f4\u3057\u3001\u305d\u306e\u9032\u6357\u3092\u898b\u5b88\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading deb-core-block deb-block-bca5aa6\" id=\"how-sipo-views-cardano-vision-2026-io-research-a-drep-perspective-10\">How SIPO Views Cardano Vision 2026 (IO Research) \u2014 A DRep Perspective \u2014<\/h2>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-5301686\" id=\"overview-11\">Overview<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-ee3b47a\">This governance action requests \u20b332,916,000 for IO Research to deliver Cardano Vision 2026 (CV26), an end-to-end research-to-deployment programme for Cardano&#8217;s 2030 objectives and a continuation of CV25, which delivered roughly 20% above target. Organised into seven work packages, it produces 42 outputs across the innovation pipeline: 38 papers and technical reports, 8 Cardano Problem Statements, 12 prototypes, and 5 Cardano Improvement Proposals. Its three cross-cutting themes are human-centred design (developer experience, SPO incentive alignment, minUTXO), scalability (Leios\/Peras integration, L2 execution, ZK-enabled scaling), and post-quantum security.<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-9430383\" id=\"what-cv26-represents-12\">What CV26 Represents<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-c190172\">CV26 is executed through IO Research&#8217;s delivery model spanning research (IOR), applied engineering (ARC), and product alignment (Cardano Business Unit). The funds support a nine-partner R&amp;D consortium \u2014 including the Universities of Edinburgh, Tokyo, Oxford, and Buenos Aires alongside ecosystem contributors such as Eryx \u2014 comprising 36 FTEs under the scientific leadership of Aggelos Kiayias. The IOR pipeline systematically translates foundational research into deployable capabilities.<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-a6ebd22\" id=\"governance-disbursement-13\">Governance &amp; Disbursement<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-2928711\">Funds are released progressively in four equal 25% tranches by milestone, not paid upfront. On-chain funds are managed through the audited SundaeLabs treasury smart-contract framework (audited by TxPipe and MLabs), administered by Intersect, with milestone acceptance attested to Intersect or a third-party Assurer, and any undisbursed funds returned to the Treasury proportionally on partial delivery or scope reduction. An independent five-member Oversight Committee (Sundae Labs, Cardano Foundation, Dquadrant, Xerberus, NMKR) verifies key administrative actions. On-chain verification confirms the withdrawal recipient is a script credential rather than a single key \u2014 the same governance standard SIPO has previously endorsed.<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-ced87e4\" id=\"relationship-to-the-may-io-implementation-round-14\">Relationship to the May IO Implementation Round<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-aa9cd01\">In May 2026 SIPO supported the IO-led implementation initiatives \u2014 consensus (Leios), L2 scalability, developer experience, Plutus, and the Cardano upgrades \/ Babel fee work. CV26 is the upstream research engine that feeds those very initiatives: foundational science and CIPs flow downstream into mainnet implementation. Funding the implementation while withholding the research that underpins it would be inconsistent, and because the research (CV26) and implementation (the May round) sit in separate layers, the narrow double-funding risk is low.<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-fd168e0\" id=\"why-sipo-votes-yes-and-how-this-differs-from-tweag-15\">Why SIPO Votes Yes \u2014 and How This Differs from Tweag<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-9663817\">SIPO has consistently supported well-governed core infrastructure: Amaru (Rust) and Dingo (Go) under its node-diversity doctrine, Gerolamo (the in-browser light node), the IO core-protocol round, Blockfrost, and Pogun. CV26 sits in this core-research class. SIPO abstained on the contemporaneous Tweag proposal for two reasons \u2014 scale relative to the Net Change Limit, and an unsettled funding-responsibility split for a parallel direct draw within the IO-led consortium. The second does not apply here: CV26 is IO Research&#8217;s own clearly-scoped research mandate. SIPO recognises CV26&#8217;s scale (the second-largest live withdrawal) and will continue to monitor the portfolio NCL footprint, but the milestone-gated escrow with proportional refund keeps the figure a disciplined ceiling, and the strategic value of a research-to-deployment pipeline for security, scaling, and post-quantum readiness justifies support.<\/p>\n\n\n\n<h3 class=\"wp-block-heading deb-core-block deb-block-036c0d2\" id=\"final-position-16\">Final Position<\/h3>\n\n\n\n<p class=\"deb-core-block deb-block-eb9eb67\">SIPO votes Yes. This is not unconditional approval of every line item but an endorsement of well-governed, milestone-gated core research, with the following expectations: (1) a clear delineation between CV26&#8217;s Leios\/Peras research and Tweag&#8217;s Peras mainnet implementation; (2) clarity on whether CV26&#8217;s post-quantum and ZK research subsumes or complements related cryptography proposals; (3) delivery of the committed quarterly updates, bi-annual reporting, and a year-end financial breakdown; and (4) proportional return to the Treasury of funds for any undelivered or reduced scope. SIPO supports the delivery of this foundational research and will watch its progress.<\/p>\n","protected":false},"excerpt":{"rendered":"Cardano Vision 2026: Human Centred, Scalable, Post-Quantum Secure\uff08IO Research\uff09 Governance Action Type: Treasury Withdrawal\uff08\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u5f15\u304d\u51fa\u3057\uff09 \u63d0\u51fa: 2026\u5e745\u67087\u65e5\uff08Epoch 629\uff09 \u5931\u52b9: 2026\u5e746\u67089\u65e5\u9803\uff08Epoch 636\uff09 \u8981\u6c42\u984d: \u20b332,916,000\uff08\u7d04 USD 7.9M\uff09 \u63d0\u6848\u8005: IO Research\uff08Input Output\uff09 Governance Action ID: 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