The Cardano network is on the cusp of a significant change with the imminent arrival of the Chang upgrade, scheduled for today, September 1st.
Nicolas Cerny, governance lead at the Cardano Foundation, has revealed on social media that the Chang upgrade, which will usher in a transformation in the blockchain's governance model, will be implemented on the mainnet today.
According to Cerny, Chang will be activated on the Cardano blockchain in the epoch 507, this September 1st, at 21:45 UTC (23:45 Madrid time).
Chang represents a crucial milestone in Cardano’s journey towards the complete decentralization of its protocol. This upgrade ushers in the Voltaire era, which promises to redefine governance within the blockchain network.
Chang's release scheduled for September 1
Chang is the result of more than two years of intense collaboration between blockchain developers and teams. According to Jack Briggs, director of Intersect, an organization formed by Cardano members, Chang is not just a technical upgrade, but represents a paradigm shift which will allow all ADA holders to actively participate in network decision-making.
The transition to a more decentralized governance model will allow decentralized representatives (DReps) and stake pool operators (SPOs) to take a more active role in decision-making. This means that ADA holders will no longer just be passive observers, but will be able to directly influence the direction of the blockchain.
Cardano Mainnet Activation
For the activation of Chang on the mainnet, the developers released the Node 9.1.0 version, introducing a series of improvements that prepare Cardano for the new update. On X, Cerny also underlined that the developers presented a few hours ago the transaction that will activate Chang. He explained that this transaction marks the beginning of the first phase towards decentralized governance and community autonomy of Cardano.
The culmination of this first phase will occur in epoch 507, where the Chang update is expected to start a new era, known as the It was ConwayThis first step is crucial, as it lays the foundation for active community participation in network governance.
Following this, the developers will implement a second activation component, scheduled for three months after the first phase, which will focus on activating advanced governance tools. These tools will enable broader and more effective community participation in decision-making, facilitating a governance model that prioritizes community autonomy.
Dan Gambardello, a Cardano enthusiast, noted that this change could attract more developers, users and investors to the blockchain ecosystem, transforming Cardano into a “powerful community-driven engine.”
Likewise, Cardano enthusiast Remi Benays, stressed that Chang is “part of Cardano’s roadmap to empower its community and improve the network’s democratic governance structure.”
Cardano's focus on decentralized governance is a distinctive aspect that sets it apart from other projects in the cryptocurrency space. The Voltaire era, which will be ushered in with the arrival of the Chang upgrade, is designed to foster an ecosystem where The community has the power to decide on the future of the networkThis not only increases transparency, but also strengthens trust between participants, creating a healthier environment for innovation and growth.
The decentralized governance revolution begins, according to Hoskinson
Cardano’s Chang upgrade represents a significant step towards decentralization and community autonomy in blockchain governance.
With the launch scheduled for September 1, the Cardano community is on the cusp of experiencing a shift that could redefine its role in the cryptocurrency ecosystem. As the network enters the Voltaire era, ADA holders will have the opportunity to actively participate in decision-making, promising a more inclusive and collaborative future for all participants.
On the other hand, the successful implementation of Chang on the mainnet will not only cement Cardano as a leader in decentralized governance but will also lay the foundation for sustainable growth and further adoption in the cryptocurrency space. Charles Hoskinson, founder of Cardano, believes that with the active participation of the community, Cardano is poised to become a role model in the blockchain world.
