Cardano

<ul>
 <li>The Cardano network has implemented the Chang 2 hard fork with Node 10.1.1, enabling full on-chain governance and allowing ADA holders to directly participate in decision-making.</li>
 <li>Meanwhile, Cardano founder Charles Hoskinson has announced a social media break following criticism over his mention of a meme coin involved in a scam.</li>
</ul>
Cardano has <a href="https://www.intersectmbo.org/news/cardano-node-10.1.1-is-ready" target="_blank" rel="noopener noreferrer nofollow">officially rolled</a> out Node 10.1.1. This development brings forth the Chang 2 hard fork. Again, this upgrade brings the Cardano blockchain one step closer to full on-chain governance.
It is worth mentioning that this upgrade is a culmination of Cardano’s roadmap, particularly the Voltaire era, which aims to offer a fully decentralized governance model where ADA holders can actively vote on the platform’s future.
The Chang hard fork is the last phase in Cardano’s roadmap. <a href="https://www.ethnews.com/cardano-introduces-on-chain-governance-with-successful-chang-hard-fork-ada-price-struggles/" target="_blank" rel="noopener noreferrer nofollow">Reminiscing</a>, the Chang hard frok initiated on September 1, now, with the latest upgrade, Cardano enables its community to participate actively in governance by voting on protocol changes, budget allocations, and future development decisions.
Additionally, this decentralized voting model allows ADA holders to delegate their voting power to Delegated Representatives (DReps) or take on a DRep role themselves, creating a broad-based, participatory governance structure.
In addition to the governance achievements, Cardano Node 10.1.1 introduces technical updates, especially for smart contracts. New Plutus primitives, as outlined in CIP-0122, CIP-0123, and CIP-0127, offer expanded functionality to developers and improve smart contract operations.&nbsp;
<a href="https://www.ethnews.com/charles-hoskinson-clarifies-ada-staking-rewards-post-chang-hard-fork-what-you-need-to-know/" target="_blank" rel="noopener noreferrer nofollow">Stake pool operators</a> (SPOs) also get to benefit from enhanced delegation options and various upgrades across the ledger, API, CLI, and network layers. However, these changes include breaking modifications that may impact compatibility, making it crucial for SPOs and developers to review release notes on GitHub.
To finalize the Chang 2 upgrade, the Interim Constitutional Committee (ICC) and at least 51% of the Cardano staking power must endorse the proposal. 
Once this threshold is met, a one-epoch ratification period will confirm the upgrade, making it fully operational across the network. Intersect, the governance infrastructure organization, will support the community by providing readiness updates, while a working group will host Q&amp;A sessions to help users navigate the new features.
<h3 id="b-charles-hoskinson-s-social-media-break-b">Charles Hoskinson’s Social Media Break</h3>
Amidst this significant development, Cardano’s founder Charles Hoskinson announced via a <a href="https://x.com/IOHK_Charles/status/1853174539687194930" target="_blank" rel="noopener noreferrer nofollow">tweet</a> on the X platform that he would be going “off the grid.” He noted that the criticisms and personal comments like “cancer,” “a criminal,” and “evil” were hurtful and beyond what he could endure.
Additionally, he went ahead stating;
<blockquote>
 I’m going to have a different approach to social media and how I communicate to the cardano ecosystem. I suspect I’ll use X a lot less and will emphasize more productive and curated mediums.
</blockquote>
This came to play after weathering a Twitter storm of criticism involving his mention of a meme coin called WALDE, a meme coin involved in a scam.
The Cardano community criticized Hoskinson for allegedly endorsing an unvetted project.
As the storm clouds gathered over Cardano, a vocal critic labeled Charles Hoskinson the root of its problems, the founder then threw down the gauntlet. In a bold move, Hoskinson took to the X polls leaving the community to decide his fate, posing the question: “Is Charles Hoskinson a cancer for Cardano?” The community now has seven days to deliver its verdict.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Is Charles Hoskinson a cancer for Cardano?
 — Charles Hoskinson (@IOHK_Charles) <a href="https://twitter.com/IOHK_Charles/status/1852869055616864608?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 3, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Meanwhile, ADA is swapping hands with $0.3257 marking a 2.26% decline in the past 24 hours.
The post <a href="https://www.ethnews.com/cardanos-chang-2-hard-fork-unlocks-full-on-chain-governance-as-hoskinson-steps-away-after-x-dispute/" rel="noopener noreferrer nofollow">Cardano’s Chang 2 Hard Fork Unlocks Full On-Chain Governance as Hoskinson Steps Away After X Dispute</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.

Cardano’s Chang 2 Hard Fork Unlocks Full On-Chain Governance as Hoskinson Steps Away After X Dispute

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