Cardano, one of the most prominent blockchain networks in the cryptocurrency ecosystem, has released Node 9.1.0, the update that marks the start of the long-awaited Chang hard fork.
The Chang hard fork represents Cardano's evolution into a decentralized, community-governed ecosystem and is finally coming to the blockchain network.
Recently, Intersect, an organization focused on the Cardano community, announced the release of the final version Node 9.1.0, which brings with it several key elements for the activation of Chang on the blockchain. Node 9.1.0 includes the Conway genesis file, crucial for the Chang hard fork implementation, plus a number of bug fixes and CLI and API improvements that will ensure compatibility with CIP-69 enhancement proposals and CIP-119.
Intersect noted that the upgrade is now available and that the network will be upgraded to Chang once 70% of the network nodes have been upgraded to it. remake.
For his part, Charles Hoskinson, founder of Cardano, also spoke about this milestone, highlighting that the Node 9.1.0 version represents the end of the line and the beginning of a new era for the blockchain.
Chang, a step towards Voltaire and the evolution of Cardano
The Chang hard fork has been a topic of discussion in the Cardano community for several months. And this update is fundamental for the Voltaire phase, marked by substantial improvements in chain decision-making and ecosystem governance.
Chang will improve Cardano's infrastructure and introduce new capabilities that will strengthen the blockchain's position in the cryptocurrency market.
Some of the most notable features of this hard fork are the improvement in on-chain voting mechanisms and the implementation of a transparent community treasury system. These improvements will democratize decision-making on Cardano, allowing ADA holders to have a voice in the future development of the network.
Additionally, Chang's update is aimed at advancing Cardano's infrastructure, making it more robust and efficient.
According to data from the Pool Tool platform, currently 16% of Cardano nodes have been updated to the new version.
Despite the significant progress made so far, Cardano has also faced challenges on its path to the Chang upgrade and the Voltaire era.
Recently, the network developers successfully mitigated a DDoS attack that attempted to disrupt the operation of Cardano. The attack, which involved the execution of numerous smart contracts, was quickly stopped thanks to the intervention of the development team. At X, the Cardano Foundation stressed This incident highlighted the strength, security and resilience of the network, as well as its ability to protect against external threats.
The impact of Node 9.1.0 on ADA price
Historically, major upgrades to the Cardano network have had a positive impact on the price of its native cryptocurrency, ADA. Therefore, market analysts estimate that, once Chang is launched, the price of this cryptocurrency could experience a significant increase.
At the time of writing, the price of ADA is $0,407 per unit. The market capitalization of this cryptocurrency is $14.630 billion, ranking as the tenth most important in the crypto industry.
With the Chang hard fork, ADA is expected to see a considerable boost, especially considering the significant improvements this upgrade will bring to the blockchain.
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