Cardano Founder Greenlights Chang Hard Fork 🚀

Cardano Founder Greenlights Chang Hard Fork 🚀

Cardano Integrates CIP-69 in Upcoming Chang Hard Fork

Charles Hoskinson, the founder of the Cardano blockchain, has confirmed the integration of Cardano Improvement Proposal (CIP) 69 into the upcoming Chang hard fork. This move emphasizes the project’s commitment to community feedback and aligning with the demands of the Cardano Foundation (CF).

Community-Driven Development

Hoskinson revealed that there was a noticeable demand from the community and the CF for the inclusion of CIP-69 in the upcoming Chang hard fork. Despite the last-minute nature of the decision, he assured that the development teams are working to incorporate the proposal without significant delays.

  • Hoskinson engaged with the IOI delivery team and Intersect to discuss the inclusion of CIP-69.
  • There has been significant community demand for the proposal, as well as support from the Cardano Foundation.
  • Last-minute changes can introduce additional risks but efforts are being made to seamlessly integrate CIP-69 into Chang.

Streamlining Smart Contract Interactions

CIP-69, primarily authored by developers within the Cardano ecosystem, aims to standardize input arguments in Plutus smart contracts to streamline interactions within the network. This proposal seeks to eliminate the datum argument and simplify validator requirements for script execution.

  • The proposal eliminates the datum argument in favor of a redeemer and script context for execution in Plutus smart contracts.
  • This change aims to address the mutual dependency issue and enhance the development of decentralized applications (DApps) on Cardano.

Cardano’s Chang Hard Fork

The anticipated Chang hard fork in Q2 this year marks an important milestone for Cardano, ushering in the “Voltaire” era of governance. This upgrade is set to enhance decentralized governance structures within the Cardano ecosystem.

  • Chang Upgrade Number 1 initiates the deployment of governance features, setting up foundational mechanisms for decentralized governance.
  • Chang Upgrade Number 2 advances on-chain governance capabilities, allowing the community to vote on and fund proposals, promoting sustainability and responsiveness within the ecosystem.
  • Post-Chang, a revised roadmap construction process will be implemented to incorporate community feedback and preferences for future hard forks.

Looking Ahead

Cardano continues to evolve with the integration of community-driven improvements and governance mechanisms. Post-Chang, the ecosystem is expected to be more responsive to user needs and actively involve the community in decision-making processes.

Hot Take: Cardano’s Focus on Community Feedback

Cardano’s integration of CIP-69 in the upcoming Chang hard fork highlights the project’s commitment to community-driven development and governance. By aligning with community demands and incorporating feedback, Cardano aims to enhance its ecosystem and foster a more transparent and inclusive governance structure for its users.

Read Disclaimer
This content is aimed at sharing knowledge, it's not a direct proposal to transact, nor a prompt to engage in offers. Lolacoin.org doesn't provide expert advice regarding finance, tax, or legal matters. Caveat emptor applies when you utilize any products, services, or materials described in this post. In every interpretation of the law, either directly or by virtue of any negligence, neither our team nor the poster bears responsibility for any detriment or loss resulting. Dive into the details on Critical Disclaimers and Risk Disclosures.

Share it

Cardano Founder Greenlights Chang Hard Fork 🚀