Cardano’s Chang Hard Fork is a two-phase upgrade that enhances network governance and functionality.
Phase 1 introduced a governing committee to strengthen decentralized decision-making, while Phase 2.
The Cardano blockchain network is gearing up for a significant two-phase upgrade known as the Chang Hard Fork, promising to transform its governance structure and functionality. The first phase kicked off on September 1, while the second one is expected to begin in November 2024; this second phase marks a significant step towards the decentralisation of Cardano’s governance model, also referred to as the Voltaire era. This is anticipated to build on the capacity of Cardano’s network to support a lasting path for growth and interaction.
Phase 1
The first phase of the Chang Hard Fork included several crucial enhancements meant to bolster Cardano’s governance model. This update also includes enhancing the role of the Interim Constitutional Committee, which is crucial for the Cardano
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