Cardano is nearing its final milestones for achieving decentralized governance, with the approval of a budget system and a community-ratified constitution. Founder Charles Hoskinson believes this will make the platform unstoppable and lead to a decentralized revolution. Cardano's roadmap aims for full decentralization by 2025. The recent Chang Hard Fork brought significant upgrades to Cardano, including a constitutional committee, improved voting mechanisms, and advanced smart contract capabilities. Governance will eventually be in the hands of ADA holders, moving towards the Voltaire phase where they have full control over the blockchain's evolution. Despite ADA's recent price decline, investor sentiment remains strong, and analysts predict further fluctuations with a trading range of $0.934 to $1.10 expected for December.
- Content Editor ( cryptopolitan.com )
- 2024-12-17
Charles Hoskinson says Cardano is ready to “take over the world”