The
Cardano
network
is
on
the
brink
of
the
Chang
hard
fork
which
will
usher
in
the
Voltaire
era.
The
transition
is
enabled
by
the
latest
release
of
node
validator
software,
version
9.1.0,
which
incorporates
crucial
updates
essential
for
the
hard
fork.
Charles
Hoskinson,
the
founder
of
Cardano,

declared
via
X,
“This
is
it.
End
of
the
line,
node
9.1
is
Voltaire.
Happy
upgrading
SPOs.
Welcome
to
Chang.”

 

Additionally,
Intersect,
a
member-based
organization
within
the
ADA
ecosystem
that
focuses
on
the
blockchain’s
continuity
and
future
enhancements,
confirmed
the
announcement,
stating
via
X,
“Node
9.1.0
is
here!
The
final
version
to
bring
on-chain
decision-making
to
Cardano
is
here.
As
with
all
hard-forks,
Cardano
upgrades
when
the
community
is
ready.”

Cardano
Chang
Hard
Fork
Is
Ready

The
upgrade
from

node
version
9.0.0
to
9.1.0
is
significant,
primarily
due
to
the
introduction
of
the
mandatory
Conway
genesis
file
at
startup,
which
is
critical
for
transitioning
through
the

Chang
hard
fork.
Previously,
the
genesis
file
was
optional.

In
addition
to
the
genesis
file
integration,
node
9.1.0
includes
numerous
bug
fixes
and
enhancements
to
both
the
command-line
interface
(CLI)
and
the
application
programming
interface
(API).
Among
these
enhancements
is
the
introduction
of
a
“query
treasury”
command,
which
provides
improved
insights
into
the
network’s
financial
operations.

Moreover,
updates
ensure
compatibility
with
two
important
Cardano
Improvement
Proposals:
CIP69,
which
standardizes
metadata
structures,
and
CIP119,
which
introduces
a
transaction
metadata
label
for
easier
identification
and
processing
of
transactions.

 

As
outlined
by
Intersect,
the
community
will
decide
when
the
Chang
hard
fork
activates.
The
Chang
hard
fork
will
proceed
once
70%
of
validators
have
adopted
the
new
node.

The
Chang
hard
fork
is
set
to
advance
Cardano’s
capabilities
significantly,
transitioning
from
the
Vasil
upgrade
to
a
decentralized
decision-making
foundation
through
the
implementation
of
the

CIP-1694
on-chain
governance
mechanisms.

This
includes
a
community
driven
governance
where
ADA
holders
participate
directly
in
decision-making
through
on-chain
consensus.
Moreover,
Delegate
Representatives
(DReps)
will
play
a
pivotal
role
in
voicing
community
interests
and
steering
the
network’s
future.

The
Chang
upgrade
is
structured
in
two
distinct
phases.
The
first,
Chang
Upgrade
#1,
will
see
the
deployment
of
the
initial
set
of
governance
features
to
Cardano
and
marks
the
beginning
of
the
technical
bootstrapping
phase
as
described
in
CIP-1694.

 

The
second
phase,
Chang
Upgrade
#2,
will
transition
these
governance
mechanisms
out
of
the
technical
bootstrapping
phase.
This
will
enable
full
functionality
of
on-chain
governance,
including
DRep
participation
and
comprehensive
governance
actions.

This
upgrade
also
serves
as
a
tribute
to
Phil
Chang,
a
key
figure
in
Cardano’s
governance
strategies
at
IOG,
who
passed
away
in
2022.
His
contributions
have
been
foundational
to
the
conceptualization
of
the
Voltaire
era,
which
the
Chang
upgrade
seeks
to
realize.

At
press
time,
ADA
traded
at
$0.4134.

Featured
image
from
Shutterstock,
chart
from
TradingView.com

Go to Source
Author: Jake Simmons

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