Get Ready for the Cardano Chang Hard Fork
With the upcoming Chang hard fork for Cardano on the horizon, it’s time to gear up for the next phase in the network’s evolution. The Chang hard fork, which will usher in the Voltaire era, is made possible by the release of version 9.1.0 of the node validator software. This update brings crucial changes that are essential for the successful implementation of the hard fork. Charles Hoskinson, the founder of Cardano, expressed his excitement about the upcoming transition and encouraged all stake pool operators to upgrade their nodes to version 9.1.0.
What to Expect from the Cardano Chang Hard Fork
The shift from node version 9.0.0 to 9.1.0 is significant for several reasons. One of the key changes is the introduction of the mandatory Conway genesis file during startup, a critical component for the Chang hard fork. In the past, this genesis file was optional, but now it plays a crucial role in ensuring a smooth transition through the upcoming hard fork.
- Node 9.1.0 features integration of the mandatory Conway genesis file
- Enhanced CLI and API with bug fixes and improvements
- Introduction of a “query treasury” command for better financial insights
Community-Driven Governance and Decentralized Decision-Making
The Chang hard fork represents a significant step towards enhancing Cardano’s capabilities by moving towards decentralized decision-making. Through the implementation of the on-chain governance mechanisms outlined in CIP-1694, ADA holders will have a direct say in the network’s future. Delegate Representatives (DReps) will also play a crucial role in advocating for community interests and shaping the governance framework.
- Transition from Vasil upgrade to decentralized decision-making foundation
- Implementation of on-chain governance mechanisms outlined in CIP-1694
- Role of Delegate Representatives in steering the network’s future
Phased Approach to Upgrades
The Chang hard fork will be carried out in two distinct phases to ensure a seamless transition. Chang Upgrade #1 will kick off the deployment of governance features, marking the start of the technical bootstrapping phase as per CIP-1694. The subsequent phase, Chang Upgrade #2, will bring these governance mechanisms to full functionality, enabling DRep participation and comprehensive governance actions.
- Chang Upgrade #1 initiates the deployment of governance features
- Chang Upgrade #2 transitions governance mechanisms out of bootstrapping phase
- Tribute to Phil Chang for his contributions to Cardano’s governance strategies
Stay Informed and Prepared for the Chang Hard Fork
As the Cardano community gears up for the Chang hard fork, it’s essential to stay informed about the latest updates and prepare for the transition. With ADA currently trading at $0.4134, it’s an exciting time for Cardano enthusiasts as the network prepares to enter a new era of decentralized decision-making and enhanced governance.
Hot Take: Embrace the Future of Cardano with the Chang Hard Fork
Get ready to embrace a new era in Cardano’s evolution with the upcoming Chang hard fork. As the network transitions to the Voltaire era, powered by the latest node validator software release, exciting changes lie ahead. Stay engaged, upgrade your nodes, and be part of the community-driven governance that will shape Cardano’s future.
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