Cardano (ADA) could move into the final phase of its program to become a blockchain ecosystem governed by the community.
Cardano founder Charles Hoskinson said that the Chang hard fork could occur in June. Cardano ’s blockchain will be managed by the community instead of the development firm IOG post the hard fork. ADA wiped out nearly 3% of its value on Tuesday. Cardano could move into the final phase of its program to become a blockchain ecosystem governed by the community. Until now ADA blockchain has been governed by the software developer firm Input Output Global .
Then, a hard fork can occur pushing Cardano into the Age of Voltaire. It's the most significant… — Charles Hoskinson June 9, 2024 In the Cardano ecosystem, development phases are labeled as “eras.” Cardano is currently in its Basho era and will move to Voltaire with the Chang hard fork. The update was scheduled to occur in Q2 2024. In the Voltaire era, the Cardano improvement proposal 1694 was the first proposal to be implemented.
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