Cardano to carry out Chang hard fork on Sept. 1, introducing on-chain governance and other mechanisms
Launched (in 2017) by Charles Hoskinson, one of the co-founders of Ether, on August 28, the Cardano blockchain is scheduled to undergo a 'Chang' hard fork on September 1, which will make significant changes to the structure of its main network and introduce mechanisms for user participation in on-chain governance.
CIP-1694, which is said to be the core Cardano improvement proposal for this upgrade, introduces various governance structures to the Cardano ecosystem, including its Constitutional Committee, dReps, and Stake Pool Operators (SPO).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cloudflare shares fall 2.5% in pre-market trading
DownDetector: User reports indicate issues with Cloudflare in the United States
BlackRock deposits 3,064 BTC and 64,707 ETH into an exchange
JUST announces follow-up plan for USDJ clearance, all assets will be rigidly redeemed 1:1 for USDT before closure