Cardano Prepares Major Upgrades That Could Reshape Its Future

Excitement is building within the Cardano community as the highly anticipated Chang 2 hard fork arrives with two significant upgrades.

Intersect, a Cardano ecosystem organization, recently revealed this week’s updates: a preproduction hard fork governance measure and a new governance update for the Daedalus wallet.

The preproduction hard fork is a critical step, introducing protocol version 10.0 and bringing a more complete governance model to the PreProd environment. According to Intersect, feedback from the first Chang upgrade highlighted the need for extended preproduction testing before proceeding with the mainnet hard fork.

The recent governance action seeks to address this by incorporating the updated PlutusV3 cost model, allowing new Plutus functions to be activated post-hardfork. For the change to go live on-chain, support from Stake Pool Operators (SPOs) and Intersect members (ICC) is essential.

READ MORE:

Blockchain Project Partners with Google Cloud to Strengthen Web3 Innovation

The Daedalus wallet update is the second major development. With version 7.0.0, users can delegate their voting authority to designated representatives (DReps) or use an automatic voting feature, broadening community involvement in Cardano’s governance.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.