Cardano is ready for Chang’s hard fork after the release of the latest verifier node.

The Cardano network is ready for Chang's hard fork with its new node validator software. The hard fork is part of the transition to the Voltaire era of decentralized network governance.

The new version of Authenticator Node, Node 9.1.0, is an update to Node 9.0, which was released on July 8. In addition to fixing some bugs, the new node requires the use of the Conway Genesis file on the network. Chang's hard fork. A hard fork can be implemented when 70% of validators are promoted to the new node.

Chang promised that the hard fork will bring big changes

Validators are improving rapidly, up 11% at the time of writing, but scripts and tools remain to be improved, an observer noted. The Intersect Cardano user group commented that the update would bring “significant change” to the Cardano ecosystem.

“This release marks the completion of the first phase of development work for the on-chain management process. […] This phase refers to the installation of the main components of decentralization, which is spread over two different phases.

Intersect added that the second Chang update will begin later this year. As foreseen in Cardano Update Proposal 1694, published in November 2022, the first phase deals with “bootstrap management” as the ecosystem adapts to the new features.

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Cardano's decentralized operation is proceeding as planned.

According to Cardano's documentation, Chang's hard fork will create on-chain governance mechanisms for a Constitutional Committee and delegate voting on behalf of Cardano's Ada coin (ADA) holders and give stakeholder pool operators a new governance role. Thoughts and sounds are carried on a chain.

The last update to Cardano was the Vasyl hard fork in September 2022, which allowed for faster block creation and improved smart contract performance. In September 2021, the Alonzo hard fork brought smart contracts to the ecosystem.

Chang's software launch was delayed by a month, possibly due to the June 25 distributed denial-of-service (DDoS) attack on Node 8's series of updates.

Voltaire's planned final era for the network was marked by the management transition from an input-output Hong Kong company to the community. Cardano has a market cap of around $14 billion.

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