Cardano delays Chang hard fork to give crypto exchanges more time
The long-awaited implementation of Cardano's Chang hard fork has been rescheduled for September.
The delay coincides with discussions involving Cardano founder Charles Hoskinson and a potential partnership with rival blockchain network Algorand.
Cardano's Chang hard fork postponed to September
On August 23, Intersect, a Cardano membership organization, announced the postponement of the Chang hard fork from August 27 to September 1. The team had previously stated that the launch date was tentative and dependent on the approval of the working group.
The delay gives exchanges and decentralized applications (DApps) additional time to complete the necessary updates. Intersect noted that this adjustment ensures that the ecosystem is fully prepared for this crucial milestone in Cardano's development.
âThis is a significant moment for Cardano as it marks the first time that a Cardano upgrade involves many community members and engineers from key entities in the decision-making process. This change in governance marks a radical shift in how we as a community make decisions. Now that Chang is imminent, the power of on-chain decision-making will be in the hands of the community, allowing every member to play a crucial role in Cardanoâs journey,â Intersect added.
While Intersect did not explicitly state the reason for the delay, Hoskinson revealed that it is due to some exchanges not being ready, particularly Binance.
âIt seems that Binance and a few others need more time to get their houses in order, so the rocket will wait on the platform, another time for the weather to improve. The next window for HF Chang, [is] September 1st,â Hoskinson explained.
