Charles Hoskinson, the visionary behind Cardano (ADA), recently shared a pivotal update on the upcoming Chang hard fork within the ecosystem. The Chang hard fork is set to introduce Voltaire, a pioneering governance system that Hoskinson touts as the most advanced in the blockchain industry.
Addressing community feedback and amidst vigorous debate within the ADA community, Hoskinson unveiled plans for an imminent release: a comprehensive governance package including the candidate node for the fork, custody arrangements, and a provisional constitution.
In a statement on his official X account on June 19, Hoskinson emphasized, “My understanding is that the entire package will be rolled out alongside the release candidate node. This encompasses the prepared node for the fork, the custody agreement, and the interim constitution. I anticipate this to occur by or before Friday.”
Amidst heightened excitement within the Cardano community surrounding ecosystem developments, questions arise as to whether these updates will catalyze a surge in the ADA cryptocurrency’s value.
**Charles Hoskinson Unveils Chang Hard Fork to Propel Cardano Forward**
Founder of Cardano (ADA), Charles Hoskinson, has unveiled plans for a significant update within the blockchain’s ecosystem. The Chang hard fork, slated for later this month, is poised to usher in what Hoskinson has dubbed the “Era of Voltaire.”
“June appears to be the month when Cardano Node reaches version 9.0. This milestone signifies Cardano’s readiness for the Chang fork, pending installation by 70% of SPOs. Subsequently, the fork will propel Cardano into the Age of Voltaire, marking a pivotal moment in Cardano’s history and the broader blockchain industry,” he remarked.
It is noteworthy that last month, Hoskinson announced the integration of Cardano Improvement Proposal (CIP) 69 into the upcoming Chang hard fork. Hoskinson justified the decision to include this proposal, stating, “With the influx of CIP-69 requests, discussions ensued between the IOI delivery team and Intersect. There’s considerable community demand for this, and CF has also advocated for its inclusion in Chang.”
*Disclaimer: The opinions expressed in this article, including those of individuals mentioned, are for informational purposes only and do not constitute financial, investment, or other advice. Investing or trading cryptocurrencies involves risk of financial loss.*
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