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Crypto: Cardano reveals the update schedule for the Chang fork

Mon 10 Jun 2024 ▪ 3 min of reading ▪ by Ariela R.
Getting informed Blockchain

The finalization 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 usher in the Voltaire era of crypto governance.

Actu crypto
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?

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

Charles Hoskinson, founder of Cardano, expresses his confidence in the completion of the upgrade by June.

“This important step 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: ADA crypto holders will be able to actively participate in the governance of the crypto network. They will be able to vote on development proposals and allocate treasury funds to support important initiatives.
  • Decentralized governance: Cardano community members will share decision-making power, reducing reliance 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 crypto token?

The Chang fork upgrade is crucial 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.

  • In the last 24 hours, the price of the ADA crypto asset has seen an increase of 1.43%.
  • Over the last week and month, it has experienced 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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Ariela R. avatar
Ariela R.

Je m'appelle Ariela et j'ai 31 ans. J'oeuvre dans le domaine de la rédaction web depuis maintenant 7 ans. Je n'ai découvert le trading et la cryptomonnaie que depuis quelques années. Mais c'est un univers qui m'intéresse beaucoup. Et les sujets traités au sein de la plateforme me permettent d'en apprendre davantage. Chanteuse à mes heures perdues, je cultive aussi une grande passion pour la musique et la lecture (et les animaux !)


The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.