Cardano’s Chang Hard Fork Goes Live, Introducing On-Chain Governance

0 Comments


CIP-1694, an official “Cardano Improvement Proposal,” describes the new community governance structure and establishes three user-led governance bodies: the Constitutional Committee, Delegate Representatives (dReps), and Stake Pool Operators (SPOs). Moving forward, Cardano’s three founding entities—the Cardano Foundation, Input Output Global (IOHK) and Emurgo—will no longer have the keys to trigger chain upgrades or “hard forks.” Instead, that responsibility will be delegated to the new governance groups.

Buy cryptocurrency



Source link

Refer And Earn Demat Account – Get ₹300 | Referral Program

Open Demat Account In Angel One For FREE

Leave a Reply

Your email address will not be published. Required fields are marked *