Get ready for a major milestone in the Cardano ecosystem! The highly anticipated Chang hard fork is set to launch on September 1, 2024, marking a significant step towards decentralized governance. This upgrade will introduce a temporary governance structure, paving the way for a fully decentralized model.

The Chang hard fork promises to bring significant improvements to the network, including increased scalability and enhanced security protocols. Transaction throughput is expected to surge to over 1,000 TPS, making Cardano an even more attractive platform for developers and users. Additionally, the introduction of the Interim Cardano Constitution and Interim Constitutional Committee will lay the groundwork for a community-driven decision-making process.

For ADA holders, the hard fork is not expected to have a direct impact, but it may lead to higher staking rewards and increased security over time. The real excitement lies in the potential for the Chang hard fork to attract more developers, users, and investors to the ecosystem, which could boost ADA's value. However, as we've seen before, the hard fork alone does not guarantee a price increase, and the market's response remains to be seen.

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