_ The Chang update marks an important step in the decentralization of Cardano's layer 1 blockchain network, aiming to hand over governance to the community holding the ADA token.
_ The Chang update is the final stage in the transition to the âVoltaire eraâ, ensuring the self-sufficiency of the Cardano network.
_ Over the next 9 days, Cardano will transition to a fully community-governed model, with an interim governing group overseeing it. After 90 days, phase 2 of the Chang hard fork will begin, empowering the legislative committee, delegates, and staking pool operators.
_ The goal of this preliminary testing is to ensure the continuity and safety of the system, preparing for the development steps that will result in the final set of rules in 2025.
_ Cardano founder Charles Hoskinson emphasized that from now on, ADA token holders will have a say in both the protocol and what it can do for the world in the future.
