Cardano is on the cusp of a major transition with an upcoming hard fork that will place control of the $13 billion blockchain into the hands of ADA holders. This significant shift, anticipated around mid-July, marks the dawn of the blockchain's Voltaire era.
The network’s new node, version 9.0, is primed for release and scheduled for deployment next week. The Chang hard fork, honoring early Cardano supporter Phil Chang, will commence once the blockchain attains a 70% node density.
Hard forks are critical updates that can profoundly impact a blockchain's functionality. This move towards decentralized ownership aims to empower ADA holders and reshape Cardano's future.
What does this transition mean for ADA holders and the broader blockchain landscape?
Can Cardano's shift to decentralized governance set a new standard in the blockchain industry?
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