Coin Edition -
- Charles Hoskinson remains confident of the imminent Chang fork upgrade, which will mark the beginning of a new era of Cardano’s governance.
- In his recent X post, Hoskinson asserts that June will see the Cardano Node reaching 9.0.
- Cardano’s Chang fork upgrade is a game-changer that pushed the ecosystem into the Age of Voltaire.
Charles Hoskinson, the founder of the Cardano blockchain, expressed confidence in a recent X post that the highly anticipated Chang fork upgrade is expected to be completed by June.
It looks like June will be the month that Cardano Node will reach 9.0. This means that Cardano is Chang fork ready and waiting for 70 percent of the SPOs to install the new node. Then, a hard fork can occur pushing Cardano into the Age of Voltaire. It's the most significant…— Charles Hoskinson (@IOHK_Charles) June 9, 2024
The Cardano ecosystem has been awaiting the Chang fork upgrade for long. With the upgrade, Cardano will be pushed to the Age of Voltaire. According to the official blog post, the Voltaire era “signifies a new dawn for Cardano, where governance is decentralized, inclusive, and transparent.”
Hoskinson elaborated on the significance of the Chang fork upgrade to the entire ecosystem. He stated:
“It’s the most significant milestone in the history of Cardano and for the industry as a whole. Cardano will be a decentralized civilization spanning the entire world with millions of residents. We’ll have the most advanced blockchain governance system, annual budgets, a treasury, and the wisdom of our entire community to guide us.”
Cardano’s development team acknowledged the transformative potential of the Chang fork upgrade, calling it a “game changer” that could propel the platform to the forefront of the blockchain revolution. The upgrade represents the culmination of years of dedicated effort, community engagement, and rigorous testing.
Hoskinson shed light on nearly 10 years of efforts that led to the “remarkable journey.” He added,
“I can’t believe that in a single decade, we built a nation. I’m proud of all of you. Cardano gives me hope for our industry and the world. Let’s spend the next decade making a big dent in the universe.”
Amidst this pivotal development, Cardano’s native cryptocurrency, ADA, experienced a modest 24-hour price increase of 1.43%, deviating from its recent downtrend. However, at its current trading price of $0.4417, ADA has still seen declines of 1.8% and 5.13% over the past week and month, respectively.
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