Cardano, launched in 2017 by Ethereum co-founder Charles Hoskinson, is pushing toward its biggest upgrade in two years, with major changes to the structure of its main network, introducing mechanisms to users to participate in on-chain governance.
The upgrade, known as the “Chang hard fork,” is a major milestone in Cardano’s roadmap, punctuated by the much-awaited addition of smart-contracts functionality in 2021. The Chang hard fork was initially set to go through this week, but Hoskinson announced on Friday that it had been pushed back to Sept. 1 so some exchanges, including Binance, could prepare their systems.
“The magic of deadlines is
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