Cardano Founder Charles Hoskinson Teases Big ADA Change – Here’s What We Know

The Cardano Chang hard fork is finally accessible, promising historic changes for the blockchain. Founder of Cardano, Charles Hoskinson, he has sneered important updates and major changes to be made to the ADA.

Cardano Records Historic Moment With Chang Hard Fork

At X (formerly Twitter) posted on June 9, Hoskinson announced the imminent release of the much-anticipated Chang hard fork. Founder of Cardano announced that June will be the month when Cardano Node will reach 9.0, indicating the network’s readiness for a new hard fork.

A hard fork of Chang is an upgrade designed to empower the Cardano community with greater influence over network management. This update will agree ADA holders voting rights on proposals and introduce the necessary tools and infrastructure to support the proposed administrative changes, which may improve network isolation and positively affects the value of the ADA.

Hoskinson revealed that future development was dependent on 70% of Stake Pool Operators (SPOs) entering a new node, after which a hard fork would transform Cardano into “Voltaire Time.” He emphasized the dramatic nature of this development, declaring Chang’s hard fork the most important milestone in the history of Cardano and the broader cryptocurrency industry.

Hoskinson highlighted the major changes that will take place within the The Cardano blockchain, noting that Cardano will transform into a noble civilization that will expand its reach to all parts of the world, attracting millions of residents. He expressed confidence that Cardano will be more advanced blockchain governance systemannual budgets, treasury and the support and wisdom of its rapidly growing community to guide the ecosystem through these changes.

Meditation Cardano’s development journey throughout the years, Hoskinson expressed his pride in the efforts and achievements of the Cardano community over the past decade. He revealed that the community has successfully transformed Cardano into a nation that will have a major impact on the cryptocurrency industry as a whole.

In addition, he shares his hope for The future of blockchain, highlighting that Cardano brings hope both to the crypto industry and to the world. Hoskinson concluded his statement by urging members of the community to continue their dedicated efforts to improve blockchain over the next decade.

A New Era of ADA Reform

A Cardano community member identified as ‘Rami,’ on X expressed confidence in the ability of the Chang hardfork to regenerate sluggish ADA market.

According to Rami, historically, ADA has seen significant price increases resulting from past fork events. He revealed that in the previous 60 days the previous four Cardano heavy forksThe ADA has undergone major changes, expanding significantly against broader markets.

Based on this trend, Rami suggests that the ADA can prove important increase the value due to the upcoming Chang hard fork. He stated that the renovation is expected to bring development Cardano’s smart contracts efficiency with Plutus V3, a development that enhances Cardano’s smart contract capabilities.

In addition, Chang’s hard fork is expected to introduce on-chain governance and distribute one billion. ADA tokens in society. Rami also revealed that the upgrade will bring good improvements inside The Cardano networkincluding improved speed on Decentralized Exchanges (DEX), expanded use of stablecoins, and the power of airdrops.

The featured image was created with Dall.E, a chart from Tradingview.com