Cardano Implements 'Chang' Hard Fork at Block 10,764,778 on September 1, Embracing Decentralized Governance

    Cardano Implements 'Chang' Hard Fork at Block 10,764,778 on September 1, Embracing Decentralized Governance

    Sep 2, 2024, 03:35 AM

    Cardano has successfully implemented the 'Chang' hard fork at block 10,764,778, marking a significant transition to decentralized governance. The upgrade, which went live on September 1, introduces on-chain governance features, allowing ADA token holders to vote on development proposals. This move is part of Cardano's strategic shift towards community-driven governance, as it enters the Voltaire era. The upgrade is facilitated by CIP-1694, which establishes new governance structures. Cardano, a $13 billion blockchain, sees major exchanges like Binance announcing their support for the upgrade, underscoring its importance in the blockchain ecosystem.

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