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Cardano’s Chang Hard Fork Delayed Until September – Here is Why

Cryptodnes2024/08/24 06:57
By:Cryptodnes

Charles Hoskinson, the founder of Cardano, has announced on X that the anticipated Chang hard fork will be delayed.

Hoskinson attributes the delay to Binance, the leading cryptocurrency exchange by trading volume, along with a few other centralized platforms that need more time to prepare.

He mentioned, “It seems Binance and some others require additional time to get things in order, so we’re postponing the launch by another epoch to allow conditions to improve.” The hard fork is now projected to launch in September, according to Hoskinson.

Despite the delay, Hoskinson emphasized that the transition to the Voltaire era for Cardano will proceed as planned. “Nothing will halt the Voltaire upgrade. We have an elected government ready to take charge. The rocket is staying put until the conditions are right,” he stated in a follow-up post.

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Previously, the Chang hard fork was expected to go live on August 27, following the Input Output team’s announcement after more than 70% of Cardano’s stake pool operators (SPOs) upgraded to Node Version 9.1.0.

The hard fork had already experienced a prior delay due to a DDoS attack on the Cardano network in late June. Chang is a significant step in Cardano’s Voltaire era, which aims to establish fully decentralized community governance. Recently, Cardano regained its position in the top 10 cryptocurrencies, driven by the anticipation surrounding the upcoming hard fork.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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