Cardano Readies for Chang Hard Fork: Major Upgrade Set for Aug. 27
- Intersect proposes the Chang hard fork for Aug. 27, with Sept. 3 as an alternative date.
- Node 9.1 upgrade adoption hits 80% among stake pool operators, but exchange liquidity lags at 34%.
- The upgrade will introduce PlutusV3, enhancing data security, and enable ADA holders to partake in governance.
This upgrade, named after Cardano evangelist Phil Chang, signifies a critical step towards Cardano’s decentralization, offering more governance power to ADA holders and improving smart contracts with PlutusV3.
As Cardano moves closer to the Voltaire era, this hard fork sets the stage for a more decentralized and secure blockchain, poised to impact the crypto industry’s future governance structures.
