• 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

Figure Technology Confirms Data Breach Due to Social Engineering Attack

chest

Figure Technology has confirmed a data breach caused by social engineering, resulting in the theft of customer files and exposure of sensitive personal information.

user avatarZainab Kamara

Shiba Inu SHIB Creates Millionaires in 2021 Bull Run

chest

Shiba Inu SHIB generated several millionaires during the 2021 bull run, but its price has significantly decreased since then.

user avatarAyman Ben Youssef

Investing in Shiba Inu SHIB Today: Can It Still Create Millionaires?

chest

Investing in Shiba Inu SHIB today may still lead to millionaire status, but requires significantly larger investments than in the past.

user avatarSon Min-ho

Cumulative Value Days Destroyed Indicates Bitcoin's Market Bottom

chest

Market analyst Ali Martinez highlights that the Cumulative Value Days Destroyed (CVDD) metric suggests Bitcoin's price bottom is at 45,225.

user avatarTando Nkube

Russia Advances Digital Ruble Initiative to Boost BRICS Trade

chest

Russia is advancing the digital ruble initiative to enhance trade among BRICS nations and reduce reliance on the US dollar.

user avatarKofi Adjeman

X Takes Action Against Spam and Automation

chest

X's leadership is taking steps to combat spam and automation on the platform.

user avatarNguyen Van Long

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.