The Chang hard fork enhances Cardano’s on-chain governance.
The upgrade boosts security, scalability, and smart contract functionality.
Cardano’s community-driven model contrasts with competitors.
Cardano’s latest upgrade, slated for September 1, will introduce significant changes to its network, particularly its on-chain governance mechanisms. The upgrade, named “Chang hard fork,” will allow users to participate directly in decision-making processes.
The magic of deadlines is that people who aren't taking upgrades seriously suddenly say damn we got to get moving. When they get moving, we converge quickly.
It looks like Binance and a few others need more time to get their houses in order, so the rocket is going to wait on…
— Charles Hoskinson (@IOHK_Charles) August 23, 2024
The Chang hard fork update reflects the network’s aim to improve the smart contract functionality feature added in 2021.
Cardano seeks to build the most secure and decentralized governance models in the blockchain space, offering users a direct role in shaping the platform’s future. As such, the latest upgrade will allow ADA holders to vote on key network decisions through…
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