Just on September 1, Cardano successfully implemented the Chang hard fork, which was completed on block number 10764778, meaning that the Cardano blockchain has officially entered the "Conway Ledger Era."
The Voltaire update is a key step towards broader decentralized governance for Cardano, aiming to enable every ADA holder to participate in decision-making and decentralize blockchain governance.
Cardano community response and technical achievements
The Cardano community has responded enthusiastically to this change. The Cardano Foundation issued a statement on social media, emphasizing the extraordinary significance of this transformation for achieving true freedom and calling it an important milestone for the Cardano blockchain, ecosystem and community.
Meanwhile, Cardano’s CTO Romain Pellerin and founder Charles Hoskinson also expressed their views on this historic moment, regarding this day as the “Independence Day” of the Cardano community.
The Chang hard fork brings a number of technical upgrades to the Cardano blockchain, including the activation of Plutus v3, as well as support for BLS12-381 curve pairing, Blake2b-224 hash function, and Keccak-256 hash function, all of which are key to improving the performance and security of smart contracts.
In addition, the upgrade introduces “product-sum” encoding to improve script execution efficiency and reduce execution costs by optimizing script size and throughput.
A minor glitch occurred during the upgrade and the development team quickly fixed it
Although the hard fork was successfully implemented, there was a small glitch in the activation process. Intersect, a member organization within the Cardano ecosystem, reported an issue with a ledger state snapshot, which could affect the synchronization time of the node. To solve this problem, the development team quickly moved to prepare a hot fix and plans to release it in the next few hours.
Intersect notified the community of the issue through social media X and directed affected users to the dedicated hard fork Discord channel for more information. At the same time, they recommended that users monitor Cardano's GitHub repository to obtain timely updates of the patch. At the same time, Cardano's development team is working intensively to ensure that the problem can be resolved quickly.
Conclusion:
The Chang hard fork marks an important step towards decentralized governance for Cardano, and through the Voltaire upgrade, every ADA holder will be able to participate in the proposal and decision-making process. $ADA
In short, the Chang hard fork not only improves Cardano’s technology and data processing capabilities, but also brings users a more efficient, secure, and low-cost blockchain experience, and lays the foundation for future decentralized governance.
💬 What do you think about the glitches that occurred with Cardano’s hard fork? What does the evolution of technology and the concept of decentralized autonomy of blockchain mean for Cardano and the entire cryptocurrency industry? Leave your thoughts in the comments!
