And obviously, we'll have a lot of people from the Voltaire team there to talk about governance. Sam Leathers is going to be there, and Sam is going to do a master class workshop on Sanchonet, which is 1694's testnet. The Hydra team is actually in the office today preparing for RareEvo to talk about a Hydra Master Class where they're going to show you guys how to use Hydra, Mithril, and other technologies together.
It's above my pay grade to make that decision, which is why Voltaire is essential because it puts people in place to make that decision. Then the MBO structure, the way we're proposing open-source development, it just becomes part of the product backlog and a bunch of engineers from all over the world come together and they build that and deploy that.
So, the kinds of things getting Cardano done, the kinds of things that are related to that roadmap of Shelley, Basho, Voltaire, and Goguen, and then continuity is just kind of the daily affairs, better, faster, cheaper, less memory consumption, improvements, API enhancements, all these types of things that form a backlog.
There are a ton of amazing people on the Voltaire team, a ton of amazing people throughout the community who've been working really hard to try to get this done and there's public accountability to it. These big events that are coming up nearly one a month each and every one of those events are opportunities for a big chunk of the community.
There's kind of like 6 major areas of concern for Sanchonet, and there's kind of a mad dash that all the developers are pushing towards to get Sanchonet to a level of functionality where people feel very comfortable playing around with it, breaking that functionality and it's rolling out a lot of new concepts. For example, this is the first release where we have an end to end active specification for all of the Ledger rules and the things that define what the Conway era is the Voltaire era is.
For example, with the Conway era, will be the very first era of Cardano to move to a full true formal specification with code extraction. So we actually have an active specification of the Voltaire Ledger logic, and we can extract from that Haskell code and compare it to the production system.
The new PI system that runs quarterly is moving over to intersect the members-based organizations. So we have tribes within our development teams like the sidechain's tribe, the core Ledger team. Voltaire tribes, smart contracts tribes.
But anyway, on more positive things, so talking a little bit about Cardano and the ecosystem, things are looking really good. Voltaire Page is out. You know, we got a a wonderful Voltaire, essential Cardano and nice little animation showing all the cool places that people have been.
The point of having the treasury was giving a resource pool to accommodate that, make decisions about how the ecosystem growth hacking is going to be done, and people have to debate it and decide it. The point of the MBO is an aggregation point for these things. For example, today we had a great discussion with one of the Voltaire working groups with the foundation about having wallet standards.