Cardano's Chang Hard Fork Suddenly Postponed. Here's Why

08/24/2024 00:19
Cardano's Chang Hard Fork Suddenly Postponed. Here's Why

This is the key reason why Cardano's hard fork is getting postponed

Cardano's Chang Hard Fork Suddenly Postponed. Here's Why

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Cardano founder Charles Hoskinson has taken to X to announce that the blockchain's much-anticipated Chang hard fork is getting postponed. 

Hoskinson claims that Binance, the largest cryptocurrency trading platform by trading volumes, and some other centralized exchanges are the reason behind the delay. "It looks like Binance and a few others need more time to get their houses in order, so the rocket is going to wait on the pad, another epoch for the weather to get better," he added. 

The hard fork is now expected to go live in September, according to the Cardano founder. 

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At the same time, Hoskinson has stressed that "nothing" is going to prevent Cardano from transitioning to Voltaire. "Nothing is going to stop the upgrade to Voltaire. We have an elected government that has to take power. The rocket isn't leaving the pad. We just have to wait for the weather to clear," he said in a follow-up social media post. 

As reported by U.Today, Chang was supposed to go live on Aug. 27. The tentative date was revealed by the Input Output team roughly a week after more than 70% of Cardano's stake pool operators (SPOs) upgraded to Node Version 9.1.0.

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The launch of Chang was previously delayed due to the Cardano network facing a DDoS attack in late June. 

The much-awaited hard fork is a technical part of Cardano's Volaire era, which is focused on enabling fully decentralized community governance. 

As reported by U.Today, Cardano recently managed to reclaim its spot in the top 10 due to the excitement surrounding the upcoming hard fork. 

About the author

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Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at [email protected].

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