Blockfrost Still Dey Online After Cardano Treasury Proposal Expire

Cardano developers fit continue to use Blockfrost after im Treasury proposal expire on July 28 without ratification. The governance outcome end the proposed 18-month transition into community ownership, and Hoskinson’s intervention remove the chance of immediate service shutdown.

Blockfrost still dey available, but im long-term funding, ownership and operating model no get approved implementation path again.

Blockfrost Proposal Expire Below DRep Threshold

The governance action wey dem title “Blockfrost’s transformation to not-for-profit,” enter on June 26 and expire on July 28, the date Epoch 646 begin.

The proposal request 9,832,979 ADA to fund 18 months of operations and move Blockfrost’s source code, trademarks, domains and infrastructure go one independent nonprofit wey Cardano community go govern.

Final tracker data record approximately ₳1.51 billion yes stake and ₳1.98 billion total no stake, leave DRep support around 43.3%, wey dey below the required 67% threshold. Six Constitutional Committee members support the action, while one no vote.

As DRep approval no reach, the proposal expire without ratification. Dem no release any Treasury funds, and the planned nonprofit transfer no receive governance mandate.

Blockfrost Hosted API Still Dey Operate

Hoskinson address the result for one video wey dem publish after voting close, confirm say Blockfrost no go shutdown immediately.

“I’m not going to shut anything down right now.”

E add say e go work with the Blockfrost team to preserve continuity and publish more information once dem don set path forward. Dem no announce shutdown date, endpoint deprecation schedule or migration deadline.

Blockfrost dey provide hosted REST API wey allow developers read Cardano blockchain data and submit transactions without to maintain their own Cardano node and indexing infrastructure. Applications fit use the service to retrieve address balances, UTxO data, native assets, blocks and transaction information.

According to the formal proposal, Blockfrost process more than 1.84 billion API requests and deliver over seven terabytes of data during im latest measured month. The proposal still report say more than half of Cardano transactions dey submitted through Blockfrost during most epochs.

Hoskinson identify Coinbase, Binance, Kraken and Lace among the services wey dey use the infrastructure, although the current extent of each integration never public. Sudden shutdown fit force affected exchanges, wallets and decentralized applications to migrate go another provider or run their own infrastructure.

Cardano API Funding and Ownership Still Never Resolve

To keep the hosted API online no mean say any part of the expired Treasury proposal don activate. Blockfrost still dey under im existing ownership, the planned community board no go form under the proposed schedule, and the infrastructure no go transfer enter community stewardship through this governance action.

The proposed sustainability model for preserve free public API while e allow future community board to evaluate commercial services or vendor-supported operating structure. Revenue from paid services, vendor participation or service agreements for then contribute to the cost to maintain the public infrastructure.

Hoskinson no announce any alternative funding source, revised governance action, replacement budget or period wey the existing service fit take continue.

Current Blockfrost integrations fit continue to operate, and developers never receive any migration deadline. Wetin expire on July 28 no be the API itself, but the only published plan to fund im transition enter community ownership. Blockfrost still dey online without the Treasury allocation, nonprofit handover and scheduled community board wey the proposal bin plan to establish.