Cardano Releases Node 9.0, Paving the Way for the Upcoming Chang Hard Fork

Cardano, the blockchain platform created by Charles HOSKINSON, has released Node 9.0.0, setting the stage for the upcoming Chang hard fork. This update introduces important changes necessary for the Conway Ledger era, including on-chain governance over SIP 1694 and support for Plutus V1 reference scripts and signing Plutus scripts over SIP 69.

With the inclusion of Plutus version 3.0, Cardano is now well-prepared for the Chang hard fork, which will initiate the SIP 1694 bootstrap phase required for decentralized governance. Staking pool operators (SPOs) will individually test the new node and determine the timing of its upgrade. Once 70% or more of the SPOs have made the update, the hard fork date will be established, officially marking the beginning of the Chang era.

During this phase, the Interim Constitutional Committee (ICC) and the newly elected Decentralized Sovereign (DS) members will come into play. After a 90-day transition period following the hard fork, these DS members will attain full voting rights. As part of promoting decentralized governance, the community will have a say in key decision-making processes, including discussions on roadmaps and budgets. Moreover, the ICC will meet in Colorado to strategize its incorporation within the broader governance structure.

The third phase of Cardano’s evolution will culminate in the finalization of the Cardano Constitution at a convention in Argentina later this year. This convention will gather delegates from all over the world. Following the constitutional finalization, the ICC will be re-elected, while Cardano’s engineering team, IOHK, will concentrate exclusively on development efforts.

The release of Node 9.0.0 and the upcoming Chang hard fork exemplify Cardano’s commitment to delivering decentralized governance on its platform and driving community collaboration.