The Cardano Node is set to reach version 9.0 this month, with 70% of the Stake Pool Operators (SPO) needing to install the new node before the upcoming hard fork. Founder Charles Hoskinson anticipates a significant event in June, as mentioned in his June 9th announcement. This event will see the Cardano blockchain transition to version 9.0 and prepare for the Chang fork.
The progression of Cardano’s growth is currently in the “Age of Voltaire,” with a potential hard fork on the horizon. Different eras of Cardano, named after notable figures like Lord Byron and Voltaire, represent various stages of development. The Voltaire era will focus on enhancing the blockchain with features for voting, budget management, and governance.
The upcoming Chang hard fork marks the beginning of the Voltaire era, introducing community-run governance through on-chain consensus and allowing token holders to vote on proposals. The upgrade pays tribute to early Cardano governance pioneer Phil Chang, who passed away in 2022. This advancement is seen as a crucial event in Cardano’s history, paving the way for a decentralized civilization on a global scale.
In other news, the Shiba Inu team has recommended Fully Homomorphic Encryption (FHE) to enhance privacy within the SHIB ecosystem.
