These SPOs have shown their readiness by installing the latest Cardano Node 9.1.0 software, an update that is a prerequisite for the Chang hard fork. This marked a major milestone on the way to the long-awaited update.
"Cardano Chang
" is coming.
reports from tracking sites, cryptocurrency exchange #Bitfinex is already ready to launch the update.
The main purpose of the update is to free Cardano's developer company, IOHK, from the responsibility of directly managing the blockchain. Instead, the responsibility will be distributed among #ADA holders who will be able to contribute to the development of the network.
Ultimately, the update to Chan's #hard fork will usher in the
"Voltaire era
" that will promote decentralized governance. This transition is important for the protocol, as some of Cardano's competitors are already going down this path.
the ETA of the updates should be more specific. However, they could come before the end of August. On Thursday, only 69% of SPOs had installed #Cardano Node 9.1. 0, and two days later that figure had increased to 72%. Given the rate at which these numbers are increasing, it can be assumed that all SPOs will take action within three weeks.
Read us at: Compass Investments
