Tim Harrison, VP of Community and Ecosystem Communications at Cardano development company Input Output, announced that the first phase of the Chang hard fork is expected to launch on mainnet on August 27.
“Are you ready for Chang? Rocket is on the launch pad. Governance is coming,” commented Cardano founder Charles Hoskinson.
The final decision on implementing the hard fork is expected to be made on August 23.
A week ago, over 70% of Cardano's staking pool operators (SPOs) adopted Node 9.1.0, clearing the biggest hurdle on the road to Chang. According to Input Output, transaction liquidity is also improving. Furthermore, top decentralized applications (dApps) also appear to be ready.
With the latest hard fork, Cardano is expected to move to community-run governance.
The first part of the upgrade will focus on releasing an interim version of the network constitution and establishing a provisional Constitution Committee (CC). Authorized representatives are expected to be introduced in the second phase of the hard fork implementation.
Meanwhile, ADA, the native token of the Cardano ecosystem, has recently dropped out of the top 10. At the time of writing, ADA is in 12th place with a market capitalization of $12.7 billion.
In early June, Hoskinson touted the Chang hard fork as Cardano's most important milestone to date.
https://tapchibitcoin.io/hard-fork-chang-cua-cardano-du-kien-se-ra-mat-tren-mainnet-vao-ngay-27-thang-8.html
