CharlesHoskinson,the founder ofCardano,addresses recent rumors and provides updates on the anticipated Chang hardfork,highlighting the next steps for the ADAcommunity.
Points
- TheChanghardforkwasneverscheduledforJune.
- Afork-readynodeisavailable,requiring70%ofstakepooloperatorstoupdate.
- TheCardanoConstitutionalConventionwilldraftagovernancedocumentinArgentina.
Cardano founder Charles Hoskinson recently addressed rumors about the anticipated Chang hardfork,clarifying that the hard fork was never scheduled forJune.Instead,he provided an update on the current status and the next steps required for the ADAcommunity.
https://twitter.com/IOHK_Charles/status/1808240119704703273
Fork-ReadyNodeandStakePoolOperators
Hoskinson explained that afork-readynode is nowavailable,but the next step involves70%of stake pool operators testing and updating theirsystems.This process typically takes about amonth.
“Inever saidJune.That’samisquote.Afork-readynode is ready and waiting for70%of the stake pool operators to test andupdate.As Isaid,in thevideo,this generally requires amonth.”
CardanoConstitutionalConvention
The Chang hard fork is a crucial step towards decentralized governance on the Cardanonetwork.Following the nodeupdate,the second stage involves the Cardano ConstitutionalConvention,where government representatives will draft the first version of a governance document inArgentina.The ADA community will then vote on this draft at the end of theyear.
If the community approves thedocument,it will set the direction forCardano’sdecentralized governanceprocesses,ensuring transparency and community participation in thenetwork’sdevelopment.
Conclusion
CharlesHoskinson’srecent update provides clarity on the timeline and next steps for the Chang hardfork.As the Cardano community prepares for theseupdates,the focus remains on achieving decentralized governance and enhancing thenetwork’sfunctionality.