EMURGO Unveils 5 Major Upgrades Set to Be Introduced in Cardano's Chang Hard Fork Part 2

EMURGO, a founding entity and the commercial arm of the Cardano blockchain, has disclosed five significant updates set to be introduced in the upcoming second phase of the Chang hard fork.

Cardano (ADA) is preparing for the second phase of the Chang hard fork, which will introduce five key updates to the network, advancing its decentralized governance and network functionality.

Cardano’s upcoming hard fork is set to introduce critical changes, including DRep voting, SPO voting, governing actions, Cardano treasury withdrawals, and an expanded Constitutional Committee.

Chang part 2 will introduce DRep voting, a central component in Cardano’s future governance structure. Delegate Representatives (DReps) will serve as one of the three primary governing bodies.

“Once fully integrated, DReps will have the authority to vote on proposals and governance actions submitted by the Cardano community […]. This makes their role essential for representing the voice of ADA holders on the network,” EMURGO states.

Registration to become a DRep is currently open, and interested parties are required to make a one-time deposit of 500 ADA to obtain an on-chain DRep certificate, officially designating them as registered members.

Chang part 2 will also introduce SPO voting, granting infrastructure providers a direct role in governance. As core governing bodies on the Cardano network, Stake Pool Operators will soon be able to leverage the ADA delegated to their pools as voting power.

“With this update, SPOs can soon leverage the ADA delegated to their pools as voting power,” EMURGO explained, adding: “This means they, like DReps, can vote to approve or reject community-proposed governance actions, helping shape Cardano’s future.”

The influence of SPOs will depend on the amount of ADA delegated to them, making it crucial for SPOs to maintain delegation levels and communicate decisions transparently to delegators.

The implementation of governing actions is a key feature in Cardano’s move toward full decentralized governance. These actions are proposals that any member of the Cardano community can submit. With the activation of Chang hard fork part 2, ADA holders will be empowered to create and submit these proposals.

“To initiate a proposal, ADA holders must make a small ADA deposit, which is fully refunded after voting ends, regardless of the result,” the blog post details. Governing actions will be subject to voting by both SPOs and DReps.

“Through these mechanisms, Cardano is truly placing control in the hands of ADA holders, further strengthening its decentralized governance framework,” EMURGO notes.

Chang part 2 will introduce a treasury withdrawal system linked to successful governing actions, enabling the funding of community-approved initiatives directly from Cardano’s treasury.

“This mechanism enables ADA holders to actively shape how treasury funds promote network growth,” EMURGO states. “Rather than merely serving as suggestions, these governing actions become actionable, community-driven projects with dedicated resources for execution.”

Finally, the completion of Chang part 2 will allow for the expansion of the Constitutional Committee. Currently limited to a fixed membership of seven in the interim phase, the committee will open its doors to additional members post-upgrade.

“The expanded committee will welcome individual members as well as representatives from companies, DAOs (decentralized autonomous organizations), NGOs, and other groups within Cardano,” EMURGO reveals.

“Each entity can appoint a representative to participate in the Constitutional Committee’s operations, adding a potential new layer of inclusivity to Cardano’s decentralized governance framework.”

EMURGO concludes the blog post by highlighting the collaborative nature of these developments: “Through these enhancements, Cardano is truly placing control in the hands of ADA holders, further strengthening its decentralized governance framework.”

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