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Community Takes Center Stage in Cardano’s Governance Evolution

Published 06/21/2024, 07:00 PM
Updated 06/21/2024, 07:45 PM
Community Takes Center Stage in Cardano’s Governance Evolution

  • Cardano has put its community at the center stage in its future upgrades.
  • The network will continue introducing community-friendly initiatives.
  • The community will also host global workshops to draft the Cardano Constitution.

Cardano (ADA), the blockchain platform founded by Charles Hoskinson, has placed its community at the forefront in its new decentralized governance model.

With the Voltaire upgrade and the launch of initiatives like Intersect, Cardano aims to give users a direct voice in the platform’s development and future direction. This move marks a significant step towards greater decentralization and community-led growth in the blockchain space.

And following the latest Shelly launch, nodes have transitioned to being run by the Cardano community, and a delegation and incentives scheme introduced to propel community adoption. According to the roadmap, the scheme was designed to improve the decentralization of the Cardano blockchain, encouraging users to delegate their stake to always-on, community-run nodes.

Additionally, Cardano asserts it is building the “most secure and decentralized governance model in the world,” adding:

“A model to g…

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