Crypto: Cardano unveils Chang fork update schedule

The completion of the long-awaited Chang fork upgrade for the Cardano crypto blockchain will take place in June. This will mark an important moment in the development of the crypto network. It will also inaugurate the Voltaire era of crypto governance.

The Cardano crypto network will be propelled into the Voltaire era with the arrival of Cardano Node 9.0 in June (Source: Twitter)

A decentralized future for crypto?

There Chang fork update is a crucial event for Cardano. It has the potential to propel the platform to the forefront of the blockchain revolution.

Charles Hoskinson, founder of Cardano, Express his confidence in completing the update by June.

“This milestone represents the most significant milestone in the history of Cardano and the crypto industry as a whole. »

The Voltaire era will bring profound changes to the Cardano ecosystem:

  • Implementation of a voting and treasury system: Holders of ADA crypto will be able to actively participate in the governance of the crypto network. They will be able to vote on development proposals and allocate funds from the treasury to support important initiatives.
  • Decentralized governance: Members of the Cardano community will distribute decision-making power. This will reduce dependence on a central authority.
  • Increased transparency: All transactions and governance decisions will be recorded on the crypto blockchain to ensure full visibility.

What impact on the ADA cryptographic token?

The Chang fork upgrade proves important for the future of cryptocurrency in general. It will also impact that of the Cardano crypto blockchain. However, its immediate impact on the price of the native ADA crypto token remains to be seen.

  • Over the past 24 hours, the price of the cryptoasset ADA has seen an increase of 1.43%.
  • Over the past week and month, it suffered declines of 1.8% and 5.13% respectively.

The Chang fork upgrade of Cardano could thus propel the network towards a future of decentralized governance and innovation in the crypto world.

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