Cardano Completes Chang Upgrade, Introducing Decentralized Governance
Cardano has completed a major upgrade, called the Chang hard fork, marking the beginning of its "Conway ledger era."
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Cardano has completed a major upgrade, called the Chang hard fork, marking the beginning of its "Conway ledger era."
Cardano has become the first blockchain network to step towards complete decentralization, bringing users' involvement in the network's development decisions. After much waiting and one delay, the Cardano Chang hard fork finally went live a few hours ago.
Cardano successfully implemented the Chang hard fork, initiating a transition to decentralized governance that allows ADA token holders to participate in ecosystem decisions
Cardano has just successfully completed the hard fork “Chang”, introducing on-chain governance through its native crypto ADA.
With the Chang hardfork going live, ADA holders will be in control of Cardano's governance thereby voting on key development projects and electing representatives.
Cardano's (CRYPTO: ADA) ambitious "Chang hard fork" went live on Sunday, marking the Layer-1 blockchain's shift toward decentralized governance. What happened: Romain Pellerin, the CTO of IOG—the company behind the blockchain's development—announced on X that the upgrade was successfully executed.
The Cardano blockchain has achieved a significant milestone with the successful implementation of its Chang hard fork, which took place on September 1, 2024, at 21:44 UTC at block number 10764778.
This initiative showcases Hoskinson's commitment to using blockchain to promote open communication and protect free expression. His latest venture aims to tackle censorship and free speech issues on traditional social media platforms.
Cardano's Chang hard fork was completed on Sept. 1. ADA markets have already rewarded the network, but there could be a long-term rally in store.
Cardano's platform underwent a major upgrade during the last trading day which aims to transform the governance. The ‘Chang upgrade' is considered one of the key changes, which upgrades the voting mechanism and smart contracts.
Cardano has completed its Chang upgrade, marking the switch to a decentralized governance system that allows ADA holders to have a say in the network's future direction.
Amid the ongoing crypto correction, led by Bitcoin (BTC) price dip below $58k, Cardano (ADA) has signaled further midterm bearish sentiment. The large-cap altcoin, with a fully diluted valuation of about $14.8 billion and a daily average traded volume of around $273 million, closed last week below a crucial support level of around 33 cents.
Cardano has successfully launched the Alonzo hard fork, which marks a major milestone for the popular proof-of-stake blockchain.
Cardano (ADA), the layer-1 blockchain, has officially launched its Chang hard fork. This milestone marks a remarkable shift toward decentralized governance.
The upgrade will transform Cardano governance over the next few months, enabling ADA holders to participate in the voting process.
Cardano has finally launched its much-anticipated Chang Hard Fork. This development pushes the blockchain to the next level of decentralization, where the community gets to make decisions regarding the network.
Just six hours before the Chang upgrade, the Cardano price broke below a critical support level, igniting fear and uncertainty among investors. The Chang hard fork is the main event on the Cardano network, but the hype isn't helping the price.
Cardano has started the first phase of its Chang hard fork, transitioning from centralized governance to a decentralized system.
Cardano (ADA) navigates the turbulent waters of cryptocurrency volatility, its future potential remains a topic of significant interest among investors. Currently trading at approximately $0.35, the ADA token faces a critical period as it attempts to break past crucial price levels.
Over the next 90 days, Cardano's token holders will take complete control over the Layer 1 blockchain in a significant push for decentralization.
Cardano, the blockchain platform founded by Ethereum co-creator Charles Hoskinson in 2017, has officially rolled out its “Chang” upgrade, a significant development that moves the platform closer to decentralized governance, as reported by Margaux Nijkerk for CoinDesk.
The highly anticipated upgrade markes the ecosystem's long-planned shift towards decentralized governance.
Cardano has been experiencing significant turbulence recently, much like other cryptocurrencies. Over the past week, ADA has seen a decline of about 11.38%, and this downward trend extends to the monthly charts with a loss of 14.03%.
The price of the cryptocurrency ADA, the native token of the Cardano blockchain, makes an eye-catching performance toward the end of the week. What's particularly eye-catching is that it comes less than 10 hours before a key blockchain event — a hard fork codenamed Chang.
