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Crypto: Cardano Bonds at 8% with the Arrival of Chang!

Thu 22 Aug 2024 ▪ 3 min read ▪ by Eddy S.
Learn Crypto regulation

Cardano, one of the leading crypto platforms, is preparing for a major update with the imminent launch of the Chang hard fork. Announced by Charles Hoskinson, the founder of Cardano, this hard fork is scheduled for August 27, 2024. This news has already had a positive impact on the price of ADA, which increased by 8% following the announcement.

Crypto Cardano (ADA) Charles Hoskinson

The Chang Hard Fork promises major advancements!

The Chang hard fork marks a crucial step in Cardano’s evolution towards fully decentralized governance. This update will introduce new governance mechanisms, allowing the community to propose and vote on protocol changes. With the massive adoption of Cardano, this advancement represents a significant move towards the Voltaire era, where the crypto community will be at the heart of decision-making.

In addition to strengthening governance, the Chang hard fork will bring important technical improvements. Among these, better management of staking pools and more advantageous transaction fees. These changes aim to make the crypto platform more efficient and attractive for users and developers.

Cardano: perpetual growth in the crypto ecosystem

The announcement of the Chang hard fork comes at a crucial time for Cardano. The platform recently surpassed 200 million users, a milestone that testifies to its growing popularity and global adoption. To support this growth, Cardano continues to invest in initiatives to improve user experience and strengthen the security of its crypto network.

In parallel, Cardano has also launched a one-million-dollar bug bounty program to encourage the community to identify and report potential vulnerabilities. This initiative underscores Cardano’s commitment to maintaining a secure and reliable environment for its crypto users.

The Chang hard fork represents a major advancement for Cardano, both technically and community-wise. With decentralized governance and significant technical improvements, Cardano is well-positioned to dominate the crypto market and potentially surpass Bitcoin. The date of August 27, 2024, will undoubtedly be a significant milestone in the platform’s history.

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Eddy S. avatar
Eddy S.

Le monde évolue et l'adaptation est la meilleure arme pour survivre dans cet univers ondoyant. Community manager crypto à la base, je m'intéresse à tout ce qui touche de près ou de loin à la blockchain et ses dérivés. Dans l'optique de partager mon expérience et de faire connaître un domaine qui me passionne, rien de mieux que de rédiger des articles informatifs et décontractés à la fois.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.