Logo
Cardano Ecosystem

The Daily Hodl

08/30/2024

·

74 views


Cardano’s Long-Awaited Chang Hard Fork Upgrade Scheduled for September 1st - The Daily Hodl

A date has been set for the Cardano (ADA) blockchain to go ahead with its long-awaited Chang hard fork. In a post on the social media platform X, the Cardano Community says that the Chang upgrade will move...

Cardano’s Long-Awaited Chang Hard Fork Upgrade Scheduled for September 1st - The Daily Hodl

A date has been set for the Cardano (ADA) blockchain to go ahead with its long-awaited Chang hard fork.

In a post on the social media platform X, the Cardano Community says that the Chang upgrade will move forward on September 1st.

The blockchain’s community leaders, the Cardano Foundation, development firm Input Output Global and others all unanimously agreed to initiate Chang 1 onto the Cardano mainnet, according to Intersect, a member-based organization for the Cardano ecosystem.

The first Chang upgrade will introduce governance features on Cardano, enabling decentralized voting and various other governance processes. Chang Upgrade 2 is expected to unlock more on-chain governance features such as treasury withdrawals and delegated representative participation.

Says Cardano creator Charles Hoskinson,

“It’s the most significant milestone in the history of Cardano and for the industry as a whole. Cardano will be a decentralized civilization spanning the entire world with millions of residents. We’ll have the most advanced blockchain governance system, annual budgets, a treasury, and the wisdom of our entire community to guide us.”

Following the implementation of the Chang hard fork, Cardano will then move into the final stage of its roadmap, the Voltaire phase, which establishes the network’s governance system.

At time of writing, ADA is trading at $0.358.

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

AD

SNEKbot by DexHunter on CARDANO

Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!


Read Original Article on The Daily Hodl

ORIGINAL SOURCE

https://dailyhodl.com/2024/08/30/cardano...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


An image that says Learn Blockchain technology and get ahead in the industry with a link to the Cardano Academy.

More from The Daily Hodl

See more
PEPE Memecoin, Already Up 94% in a Week, Gets Further Boost From Coinbase Listing - The Daily Hodl
The Daily Hodl
PEPE Memecoin, Already Up 94% in a Week, Gets Further Boost From Coinbase Listing - The Daily Hodl

11/15/2024

·

17 views

Related News

See more

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)