Bitcoin

Cardano

Cardano is making significant progress toward its major Chang upgrade, one of the biggest updates in its history.JOIN CRYPTOS HEADLINES<a href="https://t.me/CryptosHeadlines" rel="noopener noreferrer nofollow">TELEGRAM CHANNEL</a><img src="https://academy-public.coinmarketcap.com/optimized-uploads/7bc5fd4480194fac912e7835cf2acd25.svg&#43;xml" />The recent release of Cardano Node 9.0.0 brings the blockchain closer to this important milestone. The Chang upgrade is highly anticipated and is set to bring substantial improvements to the Cardano network.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/d8faf964fc454b2ca4c68b5206a898ba.png" /><h3 id="cardano-approaches-major-chang-upgrade-key-details">Cardano Approaches Major Chang Upgrade: Key Details</h3>Romain Pellerin, CTO at Input Output Global (IOG), has praised the release of Cardano Node 9.0.0 as a significant milestone, calling it a “big deal” and a “foundational moment.” He emphasized that the upcoming Chang upgrade, set to bring decentralized governance to Cardano, will allow the community to vote and influence the network’s future on-chain.The Chang upgrade, expected by the end of July, is one of the most substantial <a href="https://cryptosheadlines.com/cardano-updates-staking-parameters-ada-aims-for-65-rally/" rel="noopener noreferrer nofollow">updates in Cardano’s history</a>. The release of the new node version marks an important step toward this upgrade, which <a href="https://cryptosheadlines.com/hoskinson-founder-of-cardano-expressed-his-perspective-on-bitcoin-ordinals/" rel="noopener noreferrer nofollow">Cardano founder Charles Hoskinson</a> has also celebrated.Cardano’s past upgrades have had a positive impact, heightening excitement for the Chang <a href="https://cryptosheadlines.com/shiba-inus-shibarium-getting-faster-in-upcoming-hard-fork/" rel="noopener noreferrer nofollow">hard fork</a>. For instance, before its <a href="https://cryptosheadlines.com/terra-classic-devs-announces-major-upgrades/" rel="noopener noreferrer nofollow">major upgrade</a> in 2021, ADA’s price surged by 130%, climbing from $1.35 to $3.10 in just a month. Currently, ADA is down by 0.60% over the last 24 hours, trading at $0.372.<h3 id="details-of-cardano-node-9-0-0-release">Details of Cardano Node 9.0.0 Release</h3>The recent release of Cardano Node 9.0.0, as documented on GitHub, marks a significant step toward the Conway ledger era. This major update includes essential features for the Chang hard fork, such as on-chain governance via CIP-1694, support for Plutus v1 reference scripts, and Plutus script signature support via CIP-69.<a href="https://cryptosheadlines.com/why-polkadot-might-fail-in-2-years-key-reasons/" rel="noopener noreferrer nofollow">Also Read: Why Polkadot Might Fail in 2 Years: Key Reasons</a><img src="https://academy-public.coinmarketcap.com/optimized-uploads/146729b28fa147228955b1a31781a11b.png" />Source: <a href="https://x.com/cardano_updates/status/1810439567540998591?ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">X</a><img src="https://academy-public.coinmarketcap.com/optimized-uploads/d8faf964fc454b2ca4c68b5206a898ba.png" />Node 9.0.0 is the first version capable of bridging the boundary for the 9.0 hard fork (Chang) on both mainnet and long-running testnets like Preprod. However, this release only supports the bootstrap phase of CIP-1694 in production environments (Protocol Version 9.0) and does not yet enable DRep voting and other governance actions, which will be introduced in Protocol Version 10.0.It’s important to note that Node 9.0.0 is delivered without a valid Conway-era Genesis file, which is necessary to fully transition through the Chang hard fork. This file will be provided at a later date, requiring a minor configuration update to complete the process.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/5881a7c15e9c425096dbcfd75df94387.png" />Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

Cardano Moves Closer to Major Upgrade with New Node Release

Table of Contents

CryptosHeadlines.com

Egyéb ezen a dátumon (2024. júl. 10.) megosztott cikkek

Bitcoin Miners Face Capitulation Challenges

Arbitrum (ARB) and Mantle (MNT) Suffer From Bitcoin Chop While Rollblock Continues To Woo Holders...

Is Ethereum (ETH) Forming Double Top Pattern?

Bitcoin Faces Challenge at $60,000

Peter Schiff Calls Upcoming Bitcoin Documentary 'Total Scam,' Calls King Crypto 'Fraud' While Hyp...

Investors Await U.S. CPI Data to Gauge Fed’s Interest Rate Stance

Join our free newsletter for daily crypto updates!