Cardano, a Layer 1 blockchain founded by Charles Hoskinson, has initiated the first phase of its "Chang" hard fork. This marks a significant move from a centralised governance model to a decentralised, token-based system. The transformation will unfold over 90 days, eventually handing control to a new governance structure.
During the initial phase, an interim committee will oversee the transition, ensuring security and continuity. Cardano aims to establish a fully community-led governance model, involving a constitutional committee, delegate representatives, and staking pool operators. These bodies will assume complete governance powers after the 90-day period.
Cardano's new system, outlined in CIP-1694, will empower ADA holders to elect representatives and vote on proposals. This decentralisation ensures that Cardano's three founding entities—Cardano Foundation, Input Output Global (IOHK), and Emurgo—will no longer control chain upgrades or hard forks.
Despite its past position as a top-5 cryptocurrency by market capitalisation, Cardano has faced challenges, dropping out of the top 10 recently. Competition from TRON's TRX and Telegram's Toncoin has contributed to this shift.
ADA is currently priced at $0.3326, down 2.67% in the past 24 hours.
source：coinmarket cap
In a video, Hoskinson highlighted the journey Cardano has undertaken, acknowledging both achievements and setbacks. He emphasised the importance of the new governance model, which empowers every ADA holder to influence the future of the protocol.
“I would say it is the biggest event in Cardano history, and it really makes us different from many other chains,” Zinetti told CoinDesk. “I think we are the largest layer 1 with on-chain governance. There are some smaller players, like Tezos and Polkadot, who already have on-chain governance. But if there was a leaderboard, real decentralized layer-1s, we would be number one.”
Cardano's move aligns with a broader trend in the crypto industry towards decentralised governance. This shift not only reflects the decentralised ethos of blockchain technology but may also serve to bolster ADA’s utility in response to regulatory scrutiny.
Laporan terbaru Cardano mengungkapkan pertumbuhan yang kuat dengan 79,7 juta transaksi, pengembangan 1.307 proyek, dan sirkulasi 9,1 juta token asli, menyoroti pengaruhnya yang semakin meluas dalam ekosistem blockchain.
YouQuanUnit Investigasi Kriminal Internal Revenue Service dilaporkan bergulat dengan lonjakan kasus penggelapan pajak terkait kripto
AaronKomisi Sekuritas dan Bursa AS (SEC) telah mengajukan gugatan terhadap bursa mata uang kripto Kraken, menuduh bahwa bursa tersebut melanggar ketentuan pendaftaran dengan beroperasi secara tidak sah sebagai bursa sekuritas, pialang, dealer, dan lembaga kliring.
AaronRobinhood, platform perdagangan terkenal, akan memperluas layanan perdagangan kripto ke Uni Eropa (UE) dan mendirikan pialang di Inggris Raya (UK) dalam waktu dekat.
AaronSebuah video lama muncul kembali, menampilkan jurnalis Laura Shin yang mengklaim memiliki informasi yang berpotensi merusak mengenai Charles Hoskinson, pendiri Cardano.
KikyoBard AI dari Google memprediksi bahwa XRP kemungkinan besar akan menembus harga tertingginya sepanjang masa sebelum Shiba Inu dan Cardano. Faktor-faktor seperti kapitalisasi pasar, utilitas dunia nyata, dan komunitas yang kuat mendukung potensi pertumbuhan XRP.
YouQuanMenurut ZachXBT, peran Yahya terutama adalah melakukan pencarian pada akun X/Twitter melalui panelnya, memfasilitasi penipu Skenkir dalam mengidentifikasi target potensial di Amerika Serikat untuk serangan pertukaran SIM.
AaronBTC mengalami kenaikan yang signifikan, sempat mencapai $35 ribu, yang mencerminkan lonjakan antusiasme yang berasal dari kemajuan terbaru dalam lanskap ETF Bitcoin.
JasperMata uang kripto utama mengalami lonjakan yang signifikan pada hari Minggu malam, sebagian besar disebabkan oleh performa Bitcoin sepanjang minggu, menembus angka $31.000 pada hari Senin. Dalam satu hari, harga Bitcoin terus meroket, mencapai $35.000.
AaronExplore the dramatic story of a $9M Dogwifhat trade on Solana, its 60% loss due to slippage, and key lessons for cryptocurrency traders. Understand the risks and strategies in the volatile world of crypto trading.
WeiliangOn April 15-16, the international forum Blockchain Life 2024 will be at the main event of the year in Dubai.
JoyExplore the intriguing world of Telegram's Notcoin game. Understand its current status, the mixed messages from TON Foundation, and the speculation surrounding its future.
MiyukiDiscover Binance's latest venture in the crypto world with the 44th Launchpool Project, introducing MANTA. Delve into the details of this significant launch, explore MANTA’s unique potential, and learn how it's set to transform the crypto trading landscape on Binance.
BrianDiscover how Green Man Gaming is revolutionizing the gaming industry by accepting Bitcoin. Read about the implications of this pioneering move for gamers and the digital economy.
BrianExplore how Bitcoin, CBDCs, and stablecoins are reshaping global finance, challenging the US dollar's dominance, and heralding a new era of digital currency. Dive into insights on their impact, adoption, and the evolving regulatory landscape.
WeiliangExplore an in-depth analysis of the FDIC's allegations against Cross River Bank for 'unsafe' lending practices, and its implications for the finance and fintech sectors.
MiyukiAs per the study, Egypt has set its sights on introducing a digital currency, the E-Pound, issued by the Central Bank of Egypt, with a target launch by 2030.
AlexEven as it retraces that value, it could be likely that increased trading activity on ETFs may not necessarily translate to increased demand for spot products.
AlexExplore Intermex's decision not to use Ripple for Mexican remittances. This in-depth article delves into the implications for the remittance market, contrasting strategies in the financial sector, and the future of cryptocurrency in global money transfers.
Brian