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    Home » News » Unveiling Cardano’s Turning Point: Charles Hoskinson’s Exclusive Account
    Unveiling Cardano's Turning Point: Charles Hoskinson's Exclusive Account
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    Unveiling Cardano’s Turning Point: Charles Hoskinson’s Exclusive Account

    Hazel AndersonBy Hazel AndersonJune 10, 2024Updated:June 10, 2024No Comments2 Mins Read
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    Charles Hoskinson plans on launching Cardano’s decentralized governance through Chang’s hard fork in June, which is already a significant step.

    A recent update by Charles Hoskinson shows that Cardano is ready for the next years as it has released a new node that will lead to the Chang hard fork that will take place this month.

    It looks like June will be the month that Cardano Node will reach 9.0. This means that Cardano is Chang fork ready and waiting for 70 percent of the SPOs to install the new node. Then, a hard fork can occur pushing Cardano into the Age of Voltaire.

    It's the most significant…

    — Charles Hoskinson (@IOHK_Charles) June 9, 2024

    The Chang hard fork is not just another technical update; it will be one step closer to fully decentralized governance on the Cardano network. Hoskinson stresses the importance of ADA stake pool operators, awaiting 70% of node upgrade for the fork.

    Ownership of Cardano: Hoskinson envisions the making of a global governing body with the growth of the Cardano platform, hence a shift towards a decentralized society.

    With the emergence of Voltaire era, the Cardano project starts a more active participation in the communities and provide an instrument to community members to speak for themselves in the delegates level of the governance model.

    Cardano’s Next Phase: A Human Perspective on Embracing Governance Reform in the Voltaire Era

    Heralded by the Cardano Constitutional Convention set for December in Argentina’s capital city, this is a significant stride towards decentralization. People from various geographical locations will be working together to write the first Constitution, which is a starting point for good participation for all.

    Decision making on the Constitution will make Cardano fully adopt the decentralized governance by gaining a community-wide vote on the Constitution, which sets a precedent for blockchain projects across the globe.

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    Hazel Anderson
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    Hazel Anderson lives in Germany and studied international journalism and media management. She focuses on politics, regulations, energy, blockchain, and fintech. Since 2017, she's been involved in the crypto world, writing for BtcProNews.

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