Cardano (ADA) is about to change significantly with the Chang hard fork. Many are watching this Cardano upgrade as it will change how ADA works.
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Navigating Cardano’s Chang Hard Fork: What Investors Need to Know
Node 9.1.0: The Last Step
Charles Hoskinson says Node 9.1.0 is the last step before the Chang hard fork. This update lets users make choices about Cardano. Most stake pool operators are already using it.
Power to the People
Cardano is making rules for everyone to follow. A group is helping with this for now. After the Chang hard fork, ADA holders can vote on how the coin works.
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How the Market Looks
Although ADA’s price has been dropping lately, many people still buy and hold it. The chart shows that since March, more people have been collecting ADA.
What Hoskinson Thinks about ADA
Charles Hoskinson discussed how some people see the ADA coin as a problem. He said:
“I guess I’ve lived long enough to get to the stage where apparently I’m the scapegoat for the ills of Cardano. What will you guys talk about after Chang?”
This shows that he thinks the Chang hard fork will prove doubters wrong.
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With this upgrade, its users will run Cardano. This could change ADA’s value and how it compares to other blockchains.
The Chang hard fork is a big deal for Cardano. It aims to give users more control, but we’ll have to see how it works. As crypto keeps changing, Cardano is trying to lead the way in letting users run things.
Join us on the adventure by reading future articles on the topic!