Cardano is close to implementing the “Chang” upgrade: details here
The Cardano network is one step closer to achieving a fully decentralized blockchain ecosystem, following the recent release of its masternode validation program.
This milestone represents a critical step in the final development process required to implement the eagerly awaited “Chang” upgrade.
The Cardano development team released Node 9.1.0 of its validator node software on July 25.
This upgrade, which follows the previous version 9.0 released on July 8, prepares the network for the “Chang” upgrade.
As a first step, stake pool operators must upgrade the validator node software to the latest version.
The blockchain will then undergo Chang's hard fork, ushering the network into the Voltaire Age of decentralized governance.
Currently, Cardano is in the “Basho” phase.
The upgrade process is going fast, with 13% of auditors having installed the new node so far.
In addition to some bug fixes and improvements, version 9.1.0 requires the use of the Conway Genesis file on the mainnet, making it easier to migrate to the Chang fork.
The Chang fork aims to bring fully decentralized governance to the Cardano network.
Once the transition is complete, management of the network will move from Cardano developer IOG to community members.
Delegated Representatives (DReps) will be introduced, which Cardano holders will vote for.
#Drep