A member-based organization for the Cardano ecosystem. Shaping the future of Cardano through open development, and supporting on-chain governance.
Cardano
Joined March 2023
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Weekly update #136 is here, ready for your weekend read.
Here's your regular round up of where things stand across Cardano, what you can do now, and what's coming next:
intersectmbo.org/news/inters…
Intersect Administration Services Update 📊
On November 6, Intersect returned a further 21M ada from the Catalyst 2025 budget held in our Treasury Reserve Smart Contract.
With Catalyst administration moving from Input Output to the Cardano Foundation, the Fund 15 milestone under the existing scope was cancelled and its funds returned.
The reason is recorded on-chain in the transaction itself 👇
cexplorer.io/tx/ce63f0c11391…
This brings the total Intersect has returned to the treasury to 21,115,172 ada, including 115,172 ada returned in October from a completed Product budget.
Trust is still one of crypto’s biggest challenges.
Intersect Executive Director @JBriggsLondon spoke to @nikkei Financial about how traditional finance and DeFi are converging: TradFi brings resilience, security, and trust, and DeFi keeps driving innovation.
Good to see Cardano in Japan’s wider financial conversation.
Jack Briggs was featured in NIKKEI Financial sharing his thoughts on the convergence of TradFi and DeFi and the accelerated trust, resilience, and security that institutional adoption brings to the next phase blockchain innovation.
Intersect brings Cardano into Japan's broader financial conversation.
金も預金もトークンに、シンガポールで進む実装: NIKKEI Financial financial.nikkei.com/article…
SPO Reminder 📢
The Monthly SPO Call takes place today, November 5, at 4PM UTC.
Always well-attended, tune in to hear the latest updates for Musashi and Dijkstra testnets and the Hard Fork Rollout Roadmap.
Join the Main Stage in the "IOGs Technical Community" Discord server.
luma.com/d7bluy7s
- DijkstraNet has hard forked to protocol version 12.
- DB Sync version 13.8.0.0 released for all networks. Upgrading is advised for all operators. Full details here in UB41.
Dijkstra Hard Fork Update 🍴
What can you do this week? 🗓️
DijkstraNet
- Hard forked to Protocol Version 12 (minus Leios) on November 2, 2026 at 00:00 UTC.
- Join the dedicated dijkstra-net channel on the IOG's Technical Community Discord server to get involved.
- SPOs, dApps and developers highly encouraged to begin their integration testing early.
- Node 11.2 Pre-Release: github.com/IntersectMBO/card…
MusashiNet
- Leios testing continues with prototype Rc 2026w44 released this week.
- Get started: leios.cardano-scaling.org/do…
- Node releases: github.com/input-output-hk/o…
Hard Fork Working Group Call - November 3, 2026 at 4PM UTC.
🗓️ luma.com/calendar/cal-TMjYNp…
Monthly SPO Call - November 5, 2026 at 4PM UTC.
🗓️ luma.com/d7bluy7s
What role does Intersect play in Cardano?
Intersect Executive Director @JBriggsLondon joined @beincrypto to talk about bringing a decentralized community together around governance, network resilience, growth, and adoption.
He also covers where Cardano's priorities are heading, from DeFi to AI.
Watch 👇 youtube.com/watch?v=_nZkf0p9…
Building a Cardano node, or contributing to one? 🛠️
@Amaru_Cardano hosts its second Node Diversity Workshop in London on November 12 and 13, for node implementation teams and ecosystem contributors.
Invitations close this Thursday, November 5. See hackmd.io/@Amaru/NodeDiversi… for attendance details.
Intersect weekly update #135: "Shaping 2027 🗳️"
🔹 A more strategic 2027 Cardano budget: have your say
🔹 SPOs: critical Linux kernel advisory
🔹 Node 11.2 pre-release, Dijkstra testing
🔹 Civics - Check your DRep
🔹 Annual Member Survey 2026 is open
Read it, share it, here👇
intersectmbo.org/news/inters…
Node 11.2 is out as a pre-release, bringing Dijkstra closer to ecosystem-wide testing and integration.
Intersect Monthly Members Meeting | October 2026 xitter.twitterapi.xyz/i/broadcasts/1PKqrNvjl…
Join us for the Intersect Monthly Members Meeting
The October edition will share the latest updates from across Intersect and the Cardano community.
📅 Thursday, October 29
⏰ 11:00 AM UTC
🔴 Live here on Intersect X, LinkedIn and the official Intersect YouTube channel
youtube.com/watch?v=OqPmPQhl…
See you there! 🙌
Cardano’s next budget cycle: how can we improve coordination and help DReps assess funding proposals?
We’re sharing a proposed Cardano Ecosystem Budget Process for 2027 and inviting your feedback.
Read the proposal: intersectmbo.org/news/a-more…
Join the discussion: dreptalk.com/t/a-more-strate…
Cardano’s community has no filter, and @Josi_sndnc from the Cardano Foundation sees that as a good sign.
Behind every complaint, she says, there’s someone who still cares.
We sat down with her at the Intersect booth to interview the interviewer.
Intersect Weekly Update #134: Receipts.
🟢 115,172 ada of unspent budget went back to the treasury, a first on mainnet.
🟢 A new portal publishes Cardano's decentralization figures with the method
attached.
🟢 CAP-12 and CAP-3 both improved because people commented.
🟢 Next week's dates for your diaries
intersectmbo.org/news/inters…
134 covers:
@AdamRusch built the Cardano Regulatory Evidence Portal with support from Intersect and analysis from student researchers at the University of Illinois.
Every figure published with its method attached, committed daily to the ledger.
verifycardano.com
Intersect Budget Administration Services Update 📊
On October 20 and October 21 Intersect executed the SweepTreasury function on its 2025 Treasury Reserve Smart Contract (TRSC) for the first time on Mainnet, returning 115,172 ada to the Cardano treasury from the 2025 Cardano Product Committee budget.
Tx 1 - ₳55,172:
cexplorer.io/tx/3a1433f2c412…
Tx 2 - ₳60,000:
cexplorer.io/tx/81924bac490d…
Original proposal:
gov.tools/outcomes/governanc…
Cardano Upgrade News 🛠️ 🗞️
A public Dijkstra testnet is now available! SPOs can begin onboarding using Node 11.1.3 on pv11. Epochs are 1-day in length.
Timeline:
- Protocol version 11 (Conway) on node 11.1.3
- Node 11.2 Pre-Release
- Hard Fork Initiation action
- Hard fork for protocol version 12 (Dijkstra) using node 11.2
- Integration and testing against the Dijkstra feature set (minus Leios)
Resources available in the next post. Happy testing!
DijkstraNet Resources:
Cardano-node-11.1.3
github.com/IntersectMBO/card…
Dijkstra config files
book.play.dev.cardano.org/ad…
Dijkstra tADA faucet
faucet.dijkstra.play.dev.car…
Kleioscan Explorer
kleioscan.com/#/dijkstra
1
5
319
UB39:
Public Dijkstra testnet is 🟢 OPEN 🟢
SPOs are invited.
Node Diversity Workshop details, and more..
"It's probably actually unique in the whole of the industry."
Intersect Executive Director, @JBriggsLondon - on what one member, one vote actually means when a global community has to decide what gets built next.
Watch: youtube.com/watch?v=8-4vvXRV…
Recorded with @theblockopedia_ at TOKEN2049, Singapore.
