In a recent post by Carlos Hoskinson shared important updates on the Cardano blockchain. Notably, the Cardano founder stated that a new node will be launched this month, a crucial step towards the next big hard fork, called Chang.
In a recent post by Carlos Hoskinson shared important updates on the Cardano blockchain. Notably, the Cardano founder stated that a new node will be launched this month, a crucial step towards the next big hard fork, called Chang.
This upcoming event is not simply a technical update but a leap towards decentralized governance within the Cardano ecosystem, as noted above. Hoskinson highlighted that for the hard fork to take place, around 70% of ADA stakeholder operators must successfully transition to the new version of the node.
Alex Dovbnya
Hoskinson envisions extensive participation in the governance of Cardano, facilitated by an advanced blockchain governance system. This development has profound implications for Cardano’s evolution into a decentralized global community.
The Voltaire era means a period of increased community involvement in shaping the future of Cardano. With the introduction of delegated representatives, community members will be able to represent their interests in the governance process.
Furthermore, the upcoming Cardano Constitutional Convention in the capital of Argentina will play a crucial role. Governance representatives from different regions will work together to draft the first constitution, laying the foundation for the principles of decentralized governance.
Tomiwabold OlajideThe ratification of this constitution through a community-wide vote will underline Cardano’s path towards decentralized governance and set a precedent for blockchain projects around the world.
