• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cardano's Chang Hard Fork Set for September 1, 2024

user avatar

by Giorgi Kostiuk

a year ago


  1. Chang Hard Fork Date
  2. Preparation for the Hard Fork
  3. Partnerships and Testing

  4. The Cardano community is gearing up for the Chang hard fork, scheduled for September 1, 2024. This date was confirmed by Intersect, marking a significant achievement driven by the collective efforts of the community.

    Chang Hard Fork Date

    In a tweet on August 28, 2024, Intersect announced that the hard fork working group had reached a consensus to upgrade Cardano's mainnet on September 1, 2024. This event marks a pivotal point for Cardano, bringing it closer to community-driven governance.

    The hard fork working group has reached consensus & agreed to upgrade mainnet on September 1st 2024! A big thank you to all the work across the ecosystem - getting #ReadyforChang has been a huge community effort.None

    Preparation for the Hard Fork

    On August 23, the hard fork working group agreed to target September 1 for the Chang upgrade. The initial target date was August 27; however, after a follow-up meeting, the date was postponed to September 1 to give exchanges and dApps additional time to implement necessary adjustments.

    Partnerships and Testing

    The Chang hard fork will bring on-chain governance to Cardano, moving the network closer to achieving the ultimate goal of its final roadmap phase (Voltaire) and attaining long-term self-sustainability through democratic decision-making. Testing continues on SanchoNet, a testnet network created in Q3, 2023, for developing and testing on-chain governance processes and tools. In June, Cardano formalized several partnerships in Argentina, including collaborations with the province of Entre Rios, the University of Buenos Aires, and the National Technological University (UTN). These partnerships aim to boost Cardano education in the region and explore the potential for using the network for Argentinian use cases.

    The announcement of the Chang hard fork is a significant step in Cardano's journey towards decentralized governance and long-term sustainability. Ongoing developments and partnerships will continue to strengthen the network and its capabilities.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Jeff Park Claims Bitcoin's Halving Cycle is Obsolete

chest

Analyst Jeff Park argues that Bitcoin's traditional 4-year halving cycle is being replaced by a new 2-year price cycle driven by institutional factors.

user avatarTenzin Dorje

Eric Trump Clarifies Ethereum Price Prediction Rumors

chest

Eric Trump denies rumors of predicting Ethereum to reach 8,000 within 38 days, urging accurate reporting.

user avatarBayarjavkhlan Ganbaatar

BlockchainFX BFX Offers 500,000 BFX Community Giveaway

chest

BlockchainFX is hosting a giveaway with 500,000 BFX distributed across ten major winners to engage the community and reward participation.

user avatarMohamed Farouk

User Base Growth in Cryptocurrency Market

chest

The latest data reveals significant growth in the user base of various altcoins, indicating strong adoption trends in the cryptocurrency market.

user avatarElias Mukuru

Crypto Adoption in Bolivia Surges Post-Ban Lift

chest

After the Central Bank of Bolivia lifted its ban on cryptocurrencies in June 2024, the country experienced a remarkable surge in crypto transaction volumes.

user avatarDiego Alvarez

Bolivia to Integrate Cryptocurrencies into Financial System

chest

Bolivia's Economy Minister announced plans to integrate cryptocurrencies, starting with stablecoins, into the formal financial system.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.