Cardano Treasury

Mithril Protocol

Mithril Protocol: ₳0 paid of ₳3.7M from Cardano's treasury, through Intersect Treasury Contracts 2, in 12 payments. The next payment unlocks 31 Oct 2026.

Approved by Withdraw 3,810,423 ada for Mithril Protocol.

About the project

Continued development and maintenance of the Mithril protocol, which uses stake-based threshold multi-signatures to certify Cardano state in a trustless way, enabling nodes and applications to verify chain state rapidly without relying on the entire chain. The Project covers faster node syncing and trustless state verification, migration of artifact storage to IPFS, recursive zk-SNARK succinct proofs, one-command SPO onboarding, hard fork readiness, and ongoing maintenance and hosting infrastructure.

Payments

  1. m-0: M1.1 Decentralize configuration parameters of Mithril networks — ₳329K, Scheduled, unlocks 31 Oct 2026
  2. m-1: M1.2 Cardano database artifacts on IPFS - PoC — ₳329K, Scheduled, unlocks 31 Oct 2026
  3. m-2: M1.3 Production-candidate Recursive SNARK proofs — ₳733K, Scheduled, unlocks 31 Oct 2026
  4. m-3: M1.4 Certificate chain caching — ₳241K, Scheduled, unlocks 31 Oct 2026
  5. m-4: M1.5 Debt reduction and maintenance — ₳241K, Scheduled, unlocks 31 Oct 2026
  6. m-5: M1.6 Infrastructure for production and testing of Mithril — ₳220K, Scheduled, unlocks 31 Oct 2026
  7. m-6: M1.7 Cardano database artifacts on IPFS - MVP — ₳417K, Scheduled, unlocks 30 Jan 2027
  8. m-7: M1.8 Certificate chain optimization — ₳241K, Scheduled, unlocks 30 Jan 2027
  9. m-8: M1.9 Prepare Mithril for Cardano hard fork — ₳241K, Scheduled, unlocks 30 Jan 2027
  10. m-9: M1.10 One command SPO onboarding — ₳241K, Scheduled, unlocks 30 Jan 2027
  11. m-10: M1.11 Debt reduction and maintenance — ₳241K, Scheduled, unlocks 30 Jan 2027
  12. m-11: M1.12 Infrastructure for production and testing of Mithril — ₳220K, Scheduled, unlocks 30 Jan 2027