Cardano Prepares for Chang Hard Fork with Most Significant Milestone on the Horizon Says Charles Hoskinson
Charles Hoskinson, one of the co-founders of Cardano (ADA), is mapping out the timeline for the Voltaire phase of the layer-1 blockchain. This marks the fifth stage of the roadmap for the 11th-largest cryptocurrency.
Hoskinson announces the imminent deployment of a new Cardano node that will bring about two Chang upgrades. The first upgrade will introduce governance features, allowing decentralized voting and other governance processes. The second Chang upgrade is expected to unlock additional on-chain governance features like treasury withdrawals and delegated representative participation.
According to Hoskinson, “It appears that June will see the Cardano Node reaching version 9.0. This signifies that Cardano is Chang fork-ready and awaits 70% of the Stake Pool Operators to install the new node. Subsequently, a hard fork will take place, propelling Cardano into the Age of Voltaire. This is a monumental milestone for Cardano and the industry at large. Cardano will become a decentralized civilization spanning the globe, with millions of inhabitants. We will possess the most advanced blockchain governance system, annual budgets, a treasury, and the collective wisdom of our community to guide us.”
The Voltaire phase represents the final stage of Cardano’s roadmap, aiming to transform the blockchain into a self-sustaining network. Hoskinson envisions a future where Cardano will be truly decentralized, no longer under the management of IOHK (Input Output Hong Kong). Instead, the community will take the reins, equipped with the tools necessary to nurture and advance Cardano from the secure foundation established by IOHK.
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