[Cardano has completed the first phase of the Chang hard fork] Golden Finance reported that Cardano has completed the first phase of the Chang hard fork, laying the foundation for more decentralized governance. At 5:44 am Beijing time this morning, Cardano officially began to transfer control of the $13 billion blockchain to its native ADA token holders. Frederik Gregaard, CEO of the Cardano Foundation, said: "Many people in the Cardano community are inclined to the network because it promises a decentralized governance model."