TL;DR
- Cardano launches Chang 2 hard fork into pre-production with governance improvements and advanced testing.
- The Daedalus 7.0.0 update enables voting delegation and encourages community participation.
- The Intersect organization leads the actions and communicates the progress of these changes in the Cardano network.
The Cardano (ADA) ecosystem is preparing for a significant advancement with the launch of the Chang 2 hard fork, an update that strengthens its governance model and improves the experience of its users.
The Intersect organization, key in the development and management of Cardano, recently announced that this hard fork has started in the pre-production environment, where it will be intensively tested before its implementation on the main network.
— Intersect (@IntersectMBO) November 13, 2024
This decision is in response to community feedback and the need for a longer testing period following Chang’s first upgrade, ensuring the transition to mainnet is as smooth as possible.
The Chang 2 fork includes the activation of protocol version 10.0 in the pre-production environment, a crucial upgrade that will enable a more comprehensive governance model in this test environment.
At the same time, a new cost model has been integrated for PlutusV3, Cardano‘s smart contract platform, which will open the door to the use of new Plutus features after the main fork.
Community participation in this process is essential, as for the hard fork to be activated on-chain, it needs the support of stake pool operators (SPOs) and Intersect Community Council (CC) members.
These actors, who are an integral part of the voting system, are responsible for voting for this update to be successfully executed on the network.
Daedalus Update and Increased Participation in Cardano Governance
As part of this governance improvement, version 7.0.0 of Daedalus, the Cardano wallet, incorporates new participation options for the community.
With this update, users will be able to delegate their voting power to designated representatives (known as DReps), or opt into an automatic voting feature, either by abstaining or expressing a “no confidence” position.
This feature, accessible through a voting tab in the wallet, makes it easier for more users to get involved in Cardano‘s governance decisions, promoting greater representation and diversity of opinions in the process.
Intersect has highlighted the importance of Cardano users taking advantage of this tool and actively participating in the votes that shape the future of the network.
According to information shared on its official channels and on the Discord channel dedicated to Chang #2, this update is just one part of Cardano‘s efforts to consolidate a decentralized and robust governance system.
The organization encourages the community to closely monitor the changes through its knowledge base and the Chang preparation page, where detailed information about each stage of the update is published.
With these innovations, Cardano demonstrates its commitment to decentralization and adapting its infrastructure to meet the demands of an active and diverse community.
These governance improvements and new functionality in Daedalus not only promote greater inclusion, but position Cardano as a pioneer in the blockchain space, expanding the potential for adoption in the Web3 ecosystem.
