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Home»Cardano»Cardano officially launches Chang Hard Fork and unlocks sovereign wealth fund worth about $500,000,000 in ADA

Cardano officially launches Chang Hard Fork and unlocks sovereign wealth fund worth about $500,000,000 in ADA

Cardano By Gavin03/09/2024
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CardanoADA(Blockchain) has officially released its Chang hard fork. This marks the beginning of a new age in decentralized governance.

This upgrade enables decentralized vote and unlocks a 1,5 billion ADA “sovereign wealth fund” Charles Hoskinson the Cardano Creator says, “The community is at stake.”

This fund, which is valued at almost $500,000,000 at the current ADA price of $0.332, has a market value around that amount.

Explains Hoskinson,

It is truly extraordinary that this can be utilized by each and every one of Cardano’s millions of users. I find it amazing that people from all over the world, who have never met, will now work together via a blockchain to make important decisions with repercussions throughout history.

What we do collectively can influence the future of nations and commerce. The technology in the Cardano universe is extraordinary.

Cardano is regarded as the most trustworthy blockchain, aside from Bitcoin. It is important because people should build future social, economic and political systems on solid bedrock if they want to do so. The foundation should be granite and not quicksand.

We have had to learn the hard way, and accept the criticisms of others. It’s true that we aren’t always the first ones to the market. But we will be the best, in every market.

“By allowing millions of people to think and sit down and discuss where we want to go, together we can solve Cardano’s hard problems.”

Chang’s hard fork has officially started the “Voltaire era,” Cardano’s final phase of development focused on transferring blockchain governance to ADA owners.

Says Cardano Community is available on social media platforms X.

“It’s a milestone years in the making, and it’s finally happening. We’re saying goodbye to the Genesis keys and putting the power of governance into the hands of the people – all ADA holders.”

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Source: dailyhodl.com

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