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Cardano Ecosystem

Intersect

08/23/2024

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Chang hard fork bulletin #9

Today’s highlights: Hard fork timeline ⚙️

Chang hard fork bulletin #9

Today’s highlights: Hard fork timeline ⚙️

The hard fork working group met again this afternoon to review feedback and evidence from the community and ecosystem. Following multiple Q&As and community spaces, the news remains positive, with stake pool operators reaching their Chang readiness threshold (standing at 84% as of today). We’ve received feedback from the community and ready statements from many leading DApps, tools, and wallets. Many exchanges have also shown positive momentum overnight, with metrics continuing to improve.

Following a go/no-go call with the working group, consensus was reached to target September 1 to initiate the hard fork. This adjustment allows Exchanges and DApps a little more time to make their necessary upgrades, ensuring the ecosystem is as ready as it can be for a significant milestone in Cardano’s journey.

This is a significant moment for Cardano as it marks the first time a Cardano upgrade has involved many community members and engineers across key entities in the decision-making process. This shift in governance marks a step change in how we as a community make decisions. With Chang now imminent, the power of on-chain decision-making will be in the hands of the community, empowering each member to play a crucial role in Cardano's journey.

Chang is on the launchpad, with Sunday, September 1, the next targeted date for triggering the upgrade. Just a little longer to wait. We’ll keep you updated on the community's progress!

The Hard Fork working group is here to help!

As part of our readiness, on August 21, the PreProd network upgrade was submitted (see transaction).

Next week, the hard fork working group will hold two more open Q&As with DApps. Check our Discord and social channels for dates and links.

Please let us know if a specific reason or dependency prevents your DApp or project from upgrading. Contact us on X at @Intersectmbo or [email protected] as soon as possible. The hard fork working group will continue to review feedback daily.

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