Cardano founder Charles Hoskinson announced that the blockchain is nearing a critical milestone with the upcoming Chang fork, which will usher in the “Age of Voltaire.” Scheduled for June, this upgrade will enable Cardano to achieve self-sustainability and full decentralization.
The Chang fork introduces essential tools for network participants to propose improvements and vote using the existing staking and delegation process. Additionally, it establishes a treasury system funded by transaction fees to support future development.
Hoskinson emphasized the significance of this upgrade, stating that it will create a decentralized global civilization with advanced governance and financial systems. Despite ADA’s recent price struggles, Hoskinson remains confident in Cardano’s robust fundamentals, predicting positive growth.
This milestone is strategically vital as it transitions Cardano from IOHK’s management to a community-driven model, enhancing its long-term sustainability and innovation potential.
