A date has been set for the Cardano (ADA) blockchain to undergo the long-awaited Chang hard fork.
The Cardano community announced in a post on social media platform X that the Chang upgrade will take place on September 1.
According to Intersect, a membership-based organization for the Cardano ecosystem, blockchain community leaders, the Cardano Foundation, development company Input Output Global, and other constituents have unanimously agreed to launch Chang 1 on the Cardano mainnet.
The first Chang upgrade introduces governance features to Cardano, enabling decentralized voting and various other governance processes. Chang upgrade 2 is expected to unlock more on-chain governance features, such as treasury withdrawals and delegated representative participation.
Charles Hoskinson, founder of Cardano, said:
“This is the most important milestone in the history of Cardano and the industry as a whole. Cardano will be a global, decentralized civilization with millions of inhabitants. We will have the most advanced blockchain governance system, an annual budget, a treasury, and the wisdom of the entire community to guide us.”
Once the Chang hard fork is implemented, Cardano will enter the final phase of its roadmap, the Voltaire phase, where the network’s governance system will be established.
At the time of writing, ADA was trading at $0.358.
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