• 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

2 years 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

XRP Price Predictions Linked to CLARITY Act Resolution

chest

Market analyst Sam Daodu outlines three potential scenarios for XRP's price movement in April, contingent on the US CLARITY Act.

user avatarJesper Sørensen

Analysts Raise Price Targets for SanDisk Following Nasdaq100 Announcement

chest

Following SanDisk's announcement of joining the Nasdaq100, analysts have raised their price targets, with Jefferies setting a target of 1,000 and Citi's Asiya Merchant raising hers to 980, reflecting strong market confidence.

user avatarFilippo Romano

SanDisk's Market Position Strengthened by AI Demand and Supply Constraints

chest

SanDisk Corp is the only pure-play NAND company with a 13% global market share, benefiting from AI-driven demand and supply constraints faced by competitors.

user avatarRajesh Kumar

SanDisk to Join Nasdaq100, Replacing Atlassian

chest

SanDisk Corp will join the Nasdaq100, replacing Atlassian Corporation, effective April 20, 2023, leading to a surge in stock price.

user avatarLucas Weissmann

SEC Clarifies Regulations for Crypto Trading Interfaces

chest

The SEC has issued new guidance clarifying how certain crypto trading tools can operate without broker-dealer registration.

user avatarEmily Carter

Ethereum Shines as Best-Performing Asset Amid Global Tensions

chest

Ethereum has proven to be the best-performing asset since the onset of the US-Iran conflict, boasting a remarkable 174% gain.

user avatarKaterina Papadopoulou

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.