Cardano Prepares for Chang Hard Fork Anticipates Most Significant Milestone Charles Hoskinson
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Cardano Prepares for Chang Hard Fork Anticipates Most Significant Milestone Charles Hoskinson

Charles Hoskinson, co-founder of Cardano (ADA), is sharing details on the timeline for the Voltaire phase of the layer-1 blockchain, the fifth stage of the roadmap for the 11th-largest cryptocurrency. Hoskinson reveals that a new Cardano node, which will bring two Chang upgrades, is set for deployment. The first upgrade will introduce governance features, allowing for decentralized voting and various governance processes. The second upgrade is expected to provide additional on-chain governance features like treasury withdrawals and participation from delegated representatives. According to Hoskinson, “It appears that June will mark the release of Cardano Node version 9.0. This will signify that Cardano is Chang fork-ready, awaiting 70% of Stake Pool Operators to install the new node before a hard fork can occur, propelling Cardano into the Age of Voltaire. This milestone is monumental for Cardano and the entire industry. Cardano will become a decentralized civilization spanning the globe with millions of residents, equipped with the most advanced blockchain governance system, annual budgets, a treasury, and the collective wisdom of our community to lead us.” The Voltaire phase represents the final stage of Cardano’s roadmap, aiming to establish the blockchain as a self-sufficient network. Hoskinson explains, “Once both a voting and treasury system are in place, Cardano will achieve true decentralization, no longer under the management of IOHK (Input Output Hong Kong). Instead, the future of Cardano will be in the hands of the community, equipped with everything necessary to nurture and develop Cardano from the secure, decentralized foundation laid by IOHK.” Stay informed by subscribing to receive email alerts directly to your inbox. Keep up with Price Action by following us on X, Facebook, and Telegram. Explore The Daily Hodl Mix for more updates. Disclaimer: The opinions expressed on The Daily Hodl are not financial advice. Investors should conduct their own research before engaging in high-risk investments in Bitcoin, cryptocurrency, or digital assets. Remember that all transfers and trades are at your own risk, and any losses incurred are your responsibility. The Daily Hodl does not endorse the buying or selling of any cryptocurrencies or digital assets and is not an investment advisor. Please be aware that The Daily Hodl engages in affiliate marketing. Image: Midjourney

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