Cardano Blockchain Preparing for Chang Hard Fork

Cardano, launched in 2017 by Ethereum co-founder Charles Hoskinson, is preparing for an upgrade that will make major changes to the structure of its mainnet and introduce mechanisms for users to participate in on-chain governance.

The “Chang hard fork,” which will be the biggest upgrade in two years, has an important place on Cardano’s roadmap. Originally set to take place this week, the hard fork has been postponed until September 1 to allow some exchanges, including Binance, to prepare their systems.

Cardano, ranked the 30th largest blockchain by DeFiLlama, is closely followed in crypto circles due to the colorful personality and popularity of Hoskinson, who is known for his frequent appearances in videos and podcasts.

The key feature of the upgrade will be to provide Cardano with the ability to offer on-chain governance features.

The Cardano Foundation, which supports the blockchain, stated in a blog post: “The hard fork is the first step towards a minimum viable community-run governance structure outlined in CIP-1694. This means that the Cardano community will be responsible for maintaining and shaping the blockchain network.”

The Chang upgrade is a key part of the Voltaire Era, the final phase in Cardano’s current roadmap. The foundation says Voltaire will provide the final pieces needed for the Cardano network to become a self-sustaining system.