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Cardano’s Voltaire Era Nears with June Hard Fork Milestone

The upcoming Chang hard fork marks the first major step in the final phase of Cardano’s development, introducing community-run governance and on-chain consensus.

Charles Hoskinson, the creator of the open-source blockchain platform Cardano, has announced a significant event for the Cardano ecosystem scheduled for June.

On June 9, Hoskinson shared on X that Cardano’s Chang fork is approaching rapidly, and the Cardano Node is expected to reach version 9.0 this month. This means the Cardano blockchain is ready for the hard fork and is now waiting for 70% of stake pool operators (SPOs) to install the new node.

“Once 70% of SPOs have upgraded, we can proceed with the hard fork, pushing Cardano into the Age of Voltaire,” Hoskinson noted, referring to the latest phase in Cardano’s development stages.

Voltaire: The Final Era of Cardano’s Roadmap

Cardano’s development phases, known as “eras,” are named after notable figures in poetry and computer science, including Lord Byron, Percy Bysshe Shelley, Joseph Goguen, Matsuo Bashō, and Voltaire.

The first three stages established a basic blockchain, decentralization, and smart contracts. The Basho era focuses on scaling the blockchain. Voltaire, the final era, introduces governance, voting, and treasury management functionality to the Cardano blockchain.

The Chang fork will be the first hard fork of the Voltaire era, which will introduce community-run governance by enabling on-chain community consensus and allowing Cardano ADA holders to use their tokens to vote on proposals.

This upgrade is named in honor of Phil Chang, an early leader in Cardano governance who passed away in 2022.

A New Chapter for Cardano

According to Hoskinson, the Chang fork represents “the most significant milestone in the history of Cardano.” He believes it will enable the blockchain ecosystem to develop a “decentralized civilization” that spans the entire world with millions of participants.

Summary Review: The imminent Chang hard fork is set to usher in the Voltaire era for Cardano, marking a pivotal moment in its roadmap. By introducing community-driven governance and on-chain consensus, Cardano aims to create a robust, decentralized system that empowers its global community.

Disclaimer: Remember that nothing in this article and everything under the responsibility of Web30 News should be interpreted as financial advice. The information provided is for entertainment and educational purposes only. Investing in cryptocurrency involves inherent risks and potential investors should be aware that capital is at risk and returns are never guaranteed. It is imperative that you conduct thorough research and consult with a qualified financial advisor before making any investment decision.

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