Cardano's Chang Hard Fork Is Ready to Usher in the Voltaire Era

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

Cardano's Chang hard fork is imminent, and the latest node validator software release (v9.1.0) is crucial for the transition. Here's a summary of the key updates.

Cardano's network is preparing for the Chang hard fork, which will mark the beginning of the Voltaire era. The latest release of node validator software (version 9.1.0) is now available, enabling the transition.

This node version is critical for the hard fork and includes the mandatory genesis file at startup, which is essential for the Chang transition (previously, the genesis file was optional).

Node 9.1.0 also integrates several bug fixes and enhancements for both the command-line interface (CLI) and the application programming interface (API). Notably, it introduces a "query treasury" command, providing deeper insights into the network's financial operations.

Furthermore, the updates ensure compatibility with two crucial Cardano Improvement Proposals (CIPs): CIP69, which standardizes metadata structures, and CIP119, which introduces a transaction metadata label for easier transaction identification and processing.

As highlighted by Intersect, a member-based organization within the ADA ecosystem, the community will decide when the Chang hard fork activates. Once 70% of validators have adopted the new node, the Chang hard fork will proceed.

The Chang hard fork will significantly advance Cardano's capabilities, moving from the Vasil upgrade to a decentralized decision-making foundation with CIP-1694 on-chain governance mechanisms.

This entails community-driven governance where ADA holders participate directly in decision-making through on-chain consensus. Additionally, Delegate Representatives (DReps) will be central in voicing community interests and guiding the network's future.

The Chang upgrade is divided into two phases: Chang Upgrade #1 will deploy the initial set of governance features to Cardano, beginning the technical bootstrapping phase outlined in CIP-1694.

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

This upgrade also pays tribute to Phil Chang, a key figure in Cardano's governance strategies at IOG who passed away in 2022. His contributions were instrumental in conceptualizing the Voltaire era, which the Chang upgrade aims to realize.

At press time, ADA was trading at $0.4134.

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