Cardano Creator Issues Major Hard Fork Update to ADA Community

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Cardano Creator Issues Major Hard Fork Update to ADA Community
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Cardano founder Charles Hoskinson has issued crucial update on upcoming major hard fork

, the founder of Cardano, addressed recent rumors about the anticipated Chang hard fork. Contrary to circulating claims, Hoskinson clarified that the hard fork was never scheduled for June. Instead, he explained that a fork-ready node is available, and the next step requires 70% of stake pool operators to test and update their systems, which typically takes about a month.

Indeed, in a previous communication, Hoskinson outlined that in June, the Cardano node would reach the necessary version, making it ready for the Chang hard fork. I never said June. That's a misquote. A fork-ready Node is ready and waiting for 70 percent of the stake pool operators to test and update. As I said, in the video, this generally requires a month.As things stand, there will be three main stages in this governance process. The first stage is the introduction of delegate representatives. This will allow holders to delegate their shares instead of having a traditional vote.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Bybit Web3 Expands it Ecosystem with Integration of SUI, ZKLink, and Scroll

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