• 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

Strategy MSTR's Bitcoin Sale Sends Shockwaves Through Crypto Market

chest

Strategy MSTR sold Bitcoin for the first time in nearly four years, offloading 32 BTC for approximately $25 million, causing a psychological impact on traders.

user avatarAisha Farooq

Farage's Crypto Ties Under Scrutiny Amid Fundraising Success

chest

Nigel Farage's connections with cryptocurrency donors are under scrutiny due to a £6.7 million gift from Christopher Harborne, leading to a parliamentary inquiry about political donation transparency.

user avatarTenzin Dorje

Michael Saylor Analyzes Bitcoin's Evolution and Its Four Camps

chest

Michael Saylor analyzes Bitcoin's evolution, categorizing its community into four groups: Maximalists, Capitalists, Technologists, and Fundamentalists, reflecting growth and differing perspectives on its future.

user avatarBayarjavkhlan Ganbaatar

FOMC Decisions Could Shape Bitcoin's Future

chest

The upcoming FOMC meeting's decisions on interest rates will significantly impact Bitcoin prices, with potential for bullish or bearish trends depending on the outcome.

user avatarElias Mukuru

Market Anticipates FOMC Meeting Outcomes

chest

The upcoming FOMC meeting on June 16-17, 2023, is expected to keep interest rates unchanged, influencing market sentiment and Bitcoin prices.

user avatarMohamed Farouk

Bitcoin Miner Inflows Surge to Binance Amid Market Decline

chest

Bitcoin miner inflows to Binance reached a significant high of 24,716 BTC on June 2, indicating potential supply-side pressure in the market.

user avatarDiego Alvarez

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.