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Cardano's (ADA) price is far from breaking out of its bullish pattern, and this could be further delayed owing to the current market conditions.
Cardano's price has fallen even after the much-awaited Chang upgrade on its Layer-1 blockchain. What's next for ADA?
Cardano's Chang hard fork turns ADA into a governance token, bringing the layer-1 blockchain into its “Voltaire Era.”
TL;DR Cardano's Chang hard fork was completed on September 1, 2024, introducing decentralized governance and marking the start of the “Conway ledger era.” Governance and smart contract upgrades: ADA holders can now vote directly or delegate, with new Plutus scripts enhancing voting mechanisms and smart contract efficiency.
The upgrade will transform Cardano's governance model, allowing ADA holders to participate in key future project decisions.
One key upgrade that the Cardano protocol has had to embrace is the Chang hard fork. On September 1, the much-anticipated upgrade was activated, marking a massive shift towards decentralized governance for the ecosystem.
Recently, an interview emerged, in which Cardano (ADA) founder Charles Hoskinson says that Bitcoin is not a self-sufficient blockchain, as it needs the crypto industry and exchanges to be able to survive itself, but the industry does not need Bitcoin anymore.
Cardano has experienced a drop in price despite the Layer-1 blockchain completing its highly anticipated Chang upgrade.
ADA's Funding Rates have flipped negative for the first time in nearly a week, showing the dominance of short traders.
Charles Hoskinson has published a long read to reflect on the past ten years of becoming a public figure and building the Cardano network now as the Chang hard fork has gone live.
On Sept. 1, the Cardano blockchain completed the first phase of its Chang hard fork, signaling a new era of decentralized governance for the network. The upgrade is a significant achievement for Cardano, marking a pivotal step toward fulfilling its vision of a fully self-governing, decentralized network.
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.
