Key Takeaways:
1. Charles Hoskinson announced that Cardano's Node 9.0 is nearing completion and is expected to be released next week, which is crucial for the Chang hard fork. This upgrade will mark Cardano's entry into the Voltaire phase, emphasizing new governance capabilities and community participation.
2. Focus on community opinion and scalability: Hoskinson discussed the importance of community opinion in future developments in the Basho era, which will focus on scalability and network optimization. He highlighted important roadmap milestones such as Plutus V3, Hydra, Leios, and Mithil, which are expected to become candidates for the next governance vote.
3. Review of 10 Years of Progress: Hoskinson reviewed Cardano’s development over the past decade, evolving from a static federated system to a dynamic decentralized platform with powerful smart contract capabilities. He emphasized the growth of the community and its continued control over Cardano’s development.

Cardano founder Charles Hoskinson announces Chang hard fork is coming soon

Yerevan (CoinChapter.com) - In a live Ask Me Anything (AMA) session held at his farm in Wyoming, Cardano founder Charles Hoskinson shared the latest news about the blockchain platform. He outlined the progress of the Chang hard fork and its upcoming release.

Hoskinson reviewed the platform’s development journey and governance progress to date.

He said. Despite many challenges, especially in governance, Cardano has made significant progress. Completing all elements of CIP 1694 is a commendable achievement, which took about two years. This achievement is crucial to advancing Cardano's infrastructure.

He acknowledged that the ecosystem had been “in trouble” for a while. He stressed the resilience of the Cardano community.

Cardano’s Node 9.0 is ready for the Chang hard fork.

Hoskinson highlighted the upcoming completion of Node 9.0 which is crucial for the Chang hard fork.

He said.

The new node is based on version 8.2.2 and is optimized for compatibility and stability. It is expected to be launched next week. Hoskinson added,

The Chang hard fork will mark the entry into the Voltaire phase, which focuses on governance. The hard fork will be triggered when the network node density reaches approximately 70%. This milestone will introduce new governance capabilities and expand community participation in the decision-making process.

Hoskinson outlined plans for the future of Cardano in the Basho era.

Hoskinson discussed the future after the Chang hard fork, specifically under the Basho era, which involves scalability and optimization of the network. He stressed that a lot of community input is needed to balance the various trade-offs between on-chain and off-chain data processing.

Hoskinson elaborated on the complexities involved in moving forward. Some of these complexities include on-chain sharding and modifications to transaction processing. Important roadmap milestones such as Plutus V3, Hydra, Leios, and Mithil are strong candidates for the next governance vote. This vote will approve Basho’s final state and resource allocation. It will emphasize the shift to a community-driven development model.

Hoskinson reviewed Cardano’s ten-year development journey.

He cited the growth of the community and its increasing control over its roadmap as evidence of Cardano’s development into a leading blockchain platform.

The AMA event encountered some technical difficulties due to poor internet connectivity. Hawkinson promised to continue the communication from his office on Monday.

As of press time,

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