Intersect, a Cardano membership organization, announced the upcoming Chang hard fork on Sept. 1, marking a significant milestone in the network's decentralization process. The upgrade, named Voltaire, is the result of two years of collaborative efforts involving thousands of participants. The Chang hard fork introduces on-chain decision-making for all ada holders, enhancing Cardano's decentralization. The first upgrade focuses on technical bootstrapping, while the second phase will activate advanced governance features like decentralized representatives and tools for broader participation. This shift towards community-driven decision-making is expected to redefine Cardano's position in the blockchain space. The hard fork aims to make Cardano the most scalable ecosystem within the next 24 months. Additionally, the report discusses Cardano's energy-efficient consensus mechanism and the recent integration of SnowBridge with Polkadot's ecosystem. CryptoSlate's market report also explores the potential implications of Bitcoin becoming a reserve currency in the US. Read more AI-generated news on: https://app.chaingpt.org/news