diff --git a/lib/jormungandr/src/Cardano/Wallet/Binary/Jormungandr.hs b/lib/jormungandr/src/Cardano/Wallet/Binary/Jormungandr.hs
index 2b65a32fbcd..2d1825eecb2 100644
--- a/lib/jormungandr/src/Cardano/Wallet/Binary/Jormungandr.hs
+++ b/lib/jormungandr/src/Cardano/Wallet/Binary/Jormungandr.hs
@@ -228,21 +228,39 @@ getTokenTransfer = do
 -------------------------------------------------------------------------------}
 
 data ConfigParam
-    -- Seconds elapsed since 1-Jan-1970 (unix time)
     = Block0Date Word64
-    | ConfigDiscrimination Network
-    | ConsensusVersion Word16 -- ?
+    -- ^ The official start time of the blockchain, in seconds since the Unix
+    -- epoch.
+    | Discrimination Network
+    -- ^ Address discrimination. Testnet / Mainnet.
+    | Consensus ConsensusVersion
+    -- ^ Consensus version. BFT / Genesis Praos.
     | SlotsPerEpoch Word32
+    -- ^ Number of slots in an epoch.
     | SlotDuration Word8
+    -- ^ Slot duration in seconds.
     | EpochStabilityDepth Word32
-    | ConsensusGenesisPraosActiveSlotsCoeff Milli
+    -- ^ The length of the suffix of the chain (in blocks) considered unstable.
+    | ConsensusGenesisPraosParamF Milli
+    -- ^ Determines maximum probability of a stakeholder being elected as leader
+    -- in a slot.
     | MaxNumberOfTransactionsPerBlock Word32
+    -- ^ Maximum number of transactions in a block.
     | BftSlotsRatio Milli
+    -- ^ Fraction of blocks to be created by BFT leaders.
     | AddBftLeader LeaderId
+    -- ^ Add a BFT Leader
     | RemoveBftLeader LeaderId
+    -- ^ Remove a BFT Leader
     | AllowAccountCreation Bool
+    -- ^ Enable/disable account creation.
     | ConfigLinearFee LinearFee
+    -- ^ Coefficients for fee calculations.
     | ProposalExpiration Word32
+    -- ^ Number of epochs until an update proposal expires.
+    | KesUpdateSpeed Word32
+    -- ^ Maximum number of seconds per update for KES keys known by the system
+    -- after start time.
     deriving (Eq, Show)
 
 getConfigParam :: Get ConfigParam
@@ -257,13 +275,13 @@ getConfigParam = do
     let len = fromIntegral $ taglen .&. (63) -- 0b111111
 
     isolate len $ case tag of
-        1 -> ConfigDiscrimination <$> getNetwork
+        1 -> Discrimination <$> getNetwork
         2 -> Block0Date <$> getWord64be
-        3 -> ConsensusVersion <$> getWord16be -- ?
+        3 -> Consensus <$> getConsensusVersion
         4 -> SlotsPerEpoch <$> getWord32be
         5 -> SlotDuration <$> getWord8
         6 -> EpochStabilityDepth <$> getWord32be
-        8 -> ConsensusGenesisPraosActiveSlotsCoeff <$> getMilli
+        8 -> ConsensusGenesisPraosParamF <$> getMilli
         9 -> MaxNumberOfTransactionsPerBlock <$> getWord32be
         10 -> BftSlotsRatio <$> getMilli
         11 -> AddBftLeader <$> getLeaderId
@@ -271,7 +289,8 @@ getConfigParam = do
         13 -> AllowAccountCreation <$> getBool
         14 -> ConfigLinearFee <$> getLinearFee
         15 -> ProposalExpiration <$> getWord32be
-        a -> fail $ "Invalid config param with tag " ++ show a
+        16 -> KesUpdateSpeed <$> getWord32be
+        other -> fail $ "Invalid config param with tag " ++ show other
 
 newtype Milli = Milli Word64
     deriving (Eq, Show)
@@ -282,11 +301,20 @@ newtype LeaderId = LeaderId ByteString
 data LinearFee = LinearFee Word64 Word64 Word64
     deriving (Eq, Show)
 
+data ConsensusVersion = BFT | GenesisPraos
+    deriving (Eq, Show)
+
+getConsensusVersion :: Get ConsensusVersion
+getConsensusVersion = getWord16be >>= \case
+    1 -> return BFT
+    2 -> return GenesisPraos
+    other -> fail $ "Unknown consensus version: " ++ show other
+
 getNetwork :: Get Network
 getNetwork = getWord8 >>= \case
     1 -> return Mainnet
     2 -> return Testnet
-    a -> fail $ "Invalid network/discrimination value: " ++ show a
+    other -> fail $ "Invalid network/discrimination value: " ++ show other
 
 getMilli :: Get Milli
 getMilli = Milli <$> getWord64be