{"id":405655,"date":"2024-07-10T03:30:34","date_gmt":"2024-07-09T22:00:34","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=405655"},"modified":"2024-07-09T16:07:06","modified_gmt":"2024-07-09T10:37:06","slug":"cardano-chang-hard-fork-launches-next-week-here-are-the-upcoming-changes","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/cardano-chang-hard-fork-launches-next-week-here-are-the-upcoming-changes\/","title":{"rendered":"Cardano Chang Hard Fork launches next week: Here are the upcoming changes"},"content":{"rendered":"<ul>\n<li><em>Chang Hard Fork is set to launch on the 16th of July.<\/em><\/li>\n<li><em>Charles Hoskinson and others will step down from their leadership roles.<\/em><\/li>\n<\/ul>\n<p>After weeks of speculation, <a href=\"https:\/\/ambcrypto.com\/category\/cardano-news\/\" target=\"_blank\" rel=\"noopener\">Cardano [ADA]<\/a> co-founder Charles Hoskinson has officially announced the launch of the Chang Hard Fork.<\/p>\n<p>Chang is part of the Cardano Roadmap that includes five periods: Byron, Shelley, goguen, basho, and Voltaire. The current era (Voltaire) involves governance and will kickstart following the launch of the Chang Hard Fork.<\/p>\n<p>According to the Cardano team, the Chang Hard Fork will be critical in transforming Cardano&#8217;s governance through a constitutional order comprising on-chain voting and democratic rights.<\/p>\n<figure id=\"attachment_405658\" aria-describedby=\"caption-attachment-405658\" style=\"width: 1956px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/9000ada.jpg\"><img decoding=\"async\" class=\"wp-image-405658 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/9000ada.jpg\" alt=\"\" width=\"1956\" height=\"1116\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/9000ada.jpg 1956w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/9000ada-300x171.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/9000ada-1024x584.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/9000ada-768x438.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/9000ada-1536x876.jpg 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/9000ada-1200x685.jpg 1200w\" sizes=\"(max-width: 1956px) 100vw, 1956px\" \/><\/a><figcaption id=\"caption-attachment-405658\" class=\"wp-caption-text\">Source: X<\/figcaption><\/figure>\n<p>Notably, after a long wait, Chang&#8217;s launch date is now clear following the announcement by <a href=\"https:\/\/x.com\/IOHK_Charles\/status\/1810422830414299639\">Hoskinson<\/a>. In his report, he clarified that the Chang will be released on the 16th of July.<\/p>\n<p>On his live broadcast on his official X page, he explained that,<\/p>\n<blockquote><p>&#8220;Node 9.0.0: Chang hard fork is ready.&#8221;<\/p><\/blockquote>\n<p>He further added,<\/p>\n<blockquote><p>&#8220;Once we hit the threshold of 70% SPOs,\u00a0 we are now on the age of fork.&#8221;<\/p><\/blockquote>\n<figure id=\"attachment_405660\" aria-describedby=\"caption-attachment-405660\" style=\"width: 289px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/code-ada.png\"><img decoding=\"async\" class=\"wp-image-405660 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/code-ada.png\" alt=\"\" width=\"289\" height=\"323\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/code-ada.png 289w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/code-ada-268x300.png 268w\" sizes=\"(max-width: 289px) 100vw, 289px\" \/><\/a><figcaption id=\"caption-attachment-405660\" class=\"wp-caption-text\">Source: X<\/figcaption><\/figure>\n<p>Further, Hoskinson explained how the Cardano community would have a say in governance. Where the community will vote for the budget and other activities.<\/p>\n<p>Based on the current interim constitution, the leaders will work towards a constitutional convention in Argentina at the end of the year.<\/p>\n<p>Under the new government, Charles Hoskinson will not work as part of the on-chain government but will remain as part of the development team.<\/p>\n<h2>What will Chang Hard Fork contribute to Cardano?<\/h2>\n<p>Chang Hard Fork&#8217;s main goal is to introduce community-centered governance. The use of community-run governments hopes to achieve complete decentralization for the Cardano blockchain.<\/p>\n<p>Therefore, the approach will incorporate on-chain voting, ensuring a transparent and verifiable decision-making process.<\/p>\n<hr \/>\n<p style=\"text-align: center;\">Read\u00a0<a href=\"https:\/\/ambcrypto.com\/predictions\/cardano-price-prediction\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Cardano\u2019s [ADA] Price Prediction<\/a>\u00a02024-25<\/p>\n<hr \/>\n<h2>Why does it matter?<\/h2>\n<p>The Chang hard fork is very significant within the blockchain ecosystem. The core aspect of blockchain is the decentralization of governance, which the Cardano new model aims to achieve.<\/p>\n<p>Therefore, the success of this model will set a precedent in the blockchain industry to avoid the issues arising from the centralized governance that blockchain seeks to prevent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano&#8217;s Chang Hard Fork, set to launch on the 16th of July, will see co-founder Charles Hoskinson step down.<\/p>\n","protected":false},"author":94,"featured_media":405680,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,6379,66,3,4,20],"tags":[6427],"class_list":["post-405655","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-cardano-news","category-new-news","category-news","category-social","category-trading-view","tag-ambcrypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cardano&#039;s Chang Hard Fork is Set for Launch on July 16th<\/title>\n<meta name=\"description\" content=\"Cardano&#039;s Chang Hard Fork is Set for Launch on July 16th.Charles Hoskinson and other leaders will step down from leadership roles.\u00a0\" \/>\n<meta name=\"robots\" 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