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

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  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.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Zcash's Impressive Market Performance and ETF Launch

chest

Zcash has experienced a remarkable price increase, gaining over 2,300% in the past year, aided by the launch of Grayscale's Zcash ETF.

user avatarLucas Weissmann

Zcash Surpasses $1,000 Mark, Achieving New All-Time High

chest

Zcash's price broke above $1,000 for the first time in nearly a decade, marking a significant milestone in its market performance.

user avatarRajesh Kumar

Trezor Implements New Security Measures After Data Breach

chest

Trezor is enhancing security measures, including anonymous delivery options, in response to a data breach affecting 67,000 customers.

user avatarFilippo Romano

Data Breach Affects 67,000 Trezor Customers

chest

A data breach at shipping provider ShipMonk has exposed personal information of 67,000 Trezor customers in the US.

user avatarEmily Carter

BAI Establishes Global Settlement Layer for AI Agents to Enhance Collaboration

chest

BAI is building a global settlement layer to enhance collaboration and efficiency among AI agents across various workflows.

user avatarTomas Novak

BAI Launches Free Access to Premium AI Models, Surpassing 133 Trillion Daily Tokens

chest

BAI has launched free access to its premium AI models, leading to a significant increase in platform activity and user adoption.

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.