CandleFocus

Major Week for ADA: Cardano's Chang Hardfork Delivers Two Key Updates

The Cardano community is eagerly anticipating the Chang 2 hardfork, which brings two significant updates. The first update is the preproduction hard fork governance action, which aims to bring protocol version 10.0 and full governance to PreProd based on community feedback from the first Chang upgrade. The second update is the Daedalus governance update, which allows users to delegate their voting power to delegated representatives or opt for automatic voting. In addition, the Cardano Foundation has released its first Financial Insights Report, detailing its allocation of funds and assets, with $478.24 million in assets as of December 31, 2023.

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