Cardano’s “Chang” hard fork has gone live, initiating a major shift towards decentralized governance. With this upgrade, ADA holders can vote on proposals and elect governance representatives, marking the start of the Voltaire era. The upgrade introduces CIP-1694, which transfers control from Cardano’s founding entities to community-led bodies like the Constitutional Committee, Delegate Representatives, and Stake Pool Operators. This move connects Cardano with the industry’s decentralized ethos and enhances ADA’s utility. The first phase is active, with full governance empowerment expected in 90 days, positioning Cardano as a leader in on-chain governance.

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