Governance

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This document doesn't follow CIP-108 or CIP-119, so there is nothing to lay out. The raw JSON is below.

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Hash (BLAKE2b-256)
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Raw JSON-LD
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  "body": {
    "comment": "I support the goal of increasing decentralization and I am not fundamentally opposed to raising k to 1000. However, I do not believe this is the right time.\n\nCardano is facing declining reserve-funded rewards, limited transaction fee revenue, and increasing operational costs for SPOs.\n\nRaising k will not increase the number of blocks produced or the total reward pot. Furthermore, there is insufficient evidence that the resulting stake redistribution would meaningfully benefit independent operators rather than existing multi-pool entities.\n\nBefore making this change, we should demonstrate that it improves decentralization without compromising the long-term economic sustainability of stake pool operators.\n\n**My vote is NO under the current conditions, not NO to the idea itself.**"
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