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Cardano Community Awaits ‘Chang’ Hard Fork to Embrace Decentralized Governance

Published 06/19/2024, 01:00 AM
Updated 06/19/2024, 01:45 AM
Cardano Community Awaits ‘Chang’ Hard Fork to Embrace Decentralized Governance
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  • The ‘Chang’ hard fork will transfer Cardano’s network governance to the community, fostering decentralization.
  • Cardano’s upcoming governance shift aims to establish one of the largest treasuries in the blockchain industry.
  • The Cardano community is optimistic about leading in smart contracts, decentralization, and ethical governance.

The Cardano community eagerly awaits the upcoming ‘Chang’ hard fork, a significant event designed to transfer the network’s governance to the community, marking a substantial shift towards decentralization. This transition is expected to position Cardano as a leader in the blockchain space by establishing one of the industry’s largest treasuries. The excitement within the community is palpable, as members discuss the potential impact and benefits of this change.

The Cardano community is already debating the Interim Constitutional Committee and the Cardano Confederation of Emerging Economies (CCEE). These discussions reflect the community’s interest in designing a new governance system that is decentralized, transparent, and ethical. The Interim Constitutional Committee will play a crucial role in monitoring and facilitating the sm…

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