Aliens TLDR

On Friday (May 13), Sebastien Guillemot, who is the CTO of blockchain company dcSpark — as well as the former VP of Engineering & Cardano Product Manager at EMURGO — told the crypto community about his “super cool” new side hustle.

Project Catalyst is “a series of experiments which seeks to generate the highest levels of community innovation.” Catalyst is “bringing on-chain governance to the Cardano blockchain by allowing the community to self-determine priorities for growth.” It “also lets participants deploy funding to proposals which tackle challenges and capitalize on opportunities that arise in the life cycle of Cardano.” Cardano Improvement Proposals (CIPs) “describe standards, processes; or provide general guidelines or information to the Cardano Community.” A CIP is “a formal, technical communication process that exists off-chain.” CIPs “do not represent a commitment of any form towards existing projects.” Instead, they are “a collection of sensible and sound solutions to common problems within the Cardano ecosystem.” Anyway, earlier today, Guillemot mentioned that his Project Catalyst proposal to get paid for time he spends every year reviewing CIPs has been approved, making him the first Catalyst-funded CIP editor.