Cardano’s (CRYPTO: ADA) ambitious “Chang hard fork” went live on Sunday, marking the Layer-1 blockchain’s shift toward decentralized governance.
What happened: Romain Pellerin, the CTO of IOG—the company behind the blockchain’s development—announced on X that the upgrade was successfully executed. He added that holders of the ADA token will have the “power to decide the fate of the protocol on-chain.”
Cardano founder Charles Hoskinson, who also co-founded Ethereum (CRYPTO: ETH), called the upgrade a new chapter.
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