Governance Actions

Plutus V3 Cost Model Parameter Changes Prior to Chang#2

Protocol parameter change: Changes settings such as fees, block size or governance deposits.

Status

Enacted: Approved and in effect.

Proposed

5 Nov 2024, in epoch 519

Action ID

gov_action1k2jertppnnndejjcglszfqq4yzw8evzrd2nt66rr6rqlz54xp0zsq05ecsn

Votes

• DReps: do not vote on this action.
• Stake pools: do not vote on this action.
• Constitutional Committee: 100% yes.

Abstract

We propose to update the Plutus V3 Cost Model via a Parameter Update governance action to enable the new Plutus primitives that will be available following the Chang#2 hard fork (to Protocol Version 10). Existing Plutus cost model settings will not be changed. Note that the primitives will not be enabled in Protocol version 9 (as enabled by the Chang hard fork).