Charles Hoskinson provided significant information about the Cardano blockchain in a recent X article. Specifically, the Cardano founder said that a new node called Chang will be released this month, marking a significant step towards the next significant hard fork.
As previously said, this next event is a step towards decentralised governance within the Cardano community, not just a technological update. According to Hoskinson, the successful movement of around 70% of ADA stake pool operators to the new node version is a must for the hard fork to continue.
https://x.com/IOHK_Charles/status/1799817186204057922
Hoskinson anticipates a sophisticated blockchain governance architecture enabling broad involvement in Cardano’s governance. The way that Cardano is evolving into a decentralised global community is profoundly affected by this development.
The Voltaire era marks a time when the community is more actively involved in determining Cardano’s destiny. Community members will have the opportunity to voice their concerns during the governance process with the establishment of delegate representatives.
Furthermore, the forthcoming Cardano Constitutional Convention in Argentina’s capital will be quite important. The first constitution will be drafted collaboratively by governance representatives from various areas, establishing the groundwork for decentralised government concepts.
The community’s decision to ratify this constitution will highlight Cardano’s journey towards decentralised governance and establish a standard for blockchain initiatives throughout the globe.
