The Cardano team has executed the Chang hard fork, aimed at giving every member of the Cardano community the ability to participate in decision-making regarding the future development of the project. This significant update is focused on strengthening decentralized governance within the network and creating a more transparent and inclusive decision-making process.
Now, ADA token holders will be able to directly influence the selection of Cardano leadership representatives, significantly increasing the role of each user within the ecosystem. Additionally, this update opens new opportunities for participation in voting on critical network issues, ranging from technical solutions to strategic planning.
“I would call this the most significant event in the history of Cardano. We consider ourselves the largest L1 blockchain with on-chain governance. Of course, there are other players like Tezos and Polkadot, but if there were a ranking of truly decentralized L1s, we would be number one,” said Cardano CTO Giorgio Zinetti.
This hard fork highlights Cardano’s commitment to innovation and decentralization, making the network more resilient and adaptable in the rapidly evolving cryptocurrency market.
