Thetwo-phaseChangHardForkintroducesdecentralizedvotingandgovernancefeaturestostrengthenCardano’scommunity-leddecisions.
Scheduledformid-October,Cardanonodev10willenableextensivetestingaheadoftheNovemberhardfork.
PhasetwowillempowerCardano’sStakePoolOperators(SPOs)tovoteusingdelegatedstake,enhancingdecentralizedgovernance.

Cardano’slatestnetworkupgrade,theChangHardFork,hasbeguntransformingtheblockchain’sgovernancestructureanddecentralizationfeatures.Knownasatwo-partprocess,theChangHardForkintroducesessentialupgradesthatsupportCardano’saimofdecentralization.

💥TheCardanoblockchain\'stwo-partChangHardForkisasignificantupgradetoenhancenetworkfunctionalityanddecentralizedgovernance.ThelaunchofthefirstphaseofChangHardForkbroughtcrucialimprovementssuchasempoweringtheInterimConstitutionalCommittee.

The…pic.twitter.com/0QPIpvZDOp

—EMURGO(@emurgo_io)October29,2024

Thefirstphase,Chang1,launchedonSeptember1,setthestagefortheproject’sInterimConstitutionalCommittee,whichwillplayacentralroleinCardano’sgovernancedecisions.

Thesecondphase,Chang2,setforNovember2024,willintegratesubstantialgovernancetoolsintoCardano,requiringfivecriticalon-chainactionstoenhanceitsdecentralizedframework.

TestingofCardanoNodev10StartsinOctober

Tosupportthesecondphase,Cardano’sdevelopmentteamhasscheduledthereleaseofnodev10fortestinginOctober.Thistestingphasewillevaluatenetworkperformanceandstabilityacrossvariousenvironments.TheupgradepreparesCardanofortheNovemberhardfork,advancingitintothedecentralizedgovernanceeraofVoltaire.

Thismeticulousapproachtonetworktestingreflectstheimportanceoftheupcominghardfork,whichwillsolidifythenetwork’sgovernanceprotocols.Nodev10issettocompletetheChangupgradebyoptimizingtheblockchain’sfunctionalityandpreparingitforthegovernancefeaturesexpectedinNovember.

TheChang2upgradewillintroduceDelegateRepresentative(DRep)Voting,anewvotingmechanismaimedatempoweringcommunityparticipation.ThismechanismwillallowDRepstoactaskeygovernancerepresentativesfortheCardanocommunity.DRepsandSPOswillgainvotingpowerbasedontheirstake,playingamoreactiveroleinCardano’sgovernance.

Theupgradeintroducestreasurywithdrawalcapabilities,supportingapprovedgovernanceactionsdirectlyfromCardano’streasury.ThisfunctionenablesthecommunitytoproposegovernanceactionsbymakingasmallADAdeposit,refundedafterthevotingperiod.ThesegovernanceactionswillbevotedonbyDRepsandSPOstoalignwiththeCardanocommunity’svision.

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