The upgrade will transform Cardano governance over the next few months, enabling ADA holders to participate in the voting process.
The Cardano blockchain has successfully undergone its highly-anticipated hard fork, bringing upgrades to voting mechanisms and smart contracts, and heralding a new era of decentralized governance.
On Sept. 1, at 21:44 UTC at block 10764778, the layer-1 proof-of-stake blockchain Cardano underwent the Chang upgrade which ushered in what the project calls the “Conway ledger era.”
One of the key changes is transforming Cardano governance enabling any ADA holder to submit or participate in the voting process for governance actions as part of the project’s “Voltaire” upgrade phase.