Cardano's 'Chang' Hard Fork Network Upgrade Delayed Until September
Portfolio Pulse from Murtuza Merchant
Cardano's 'Chang' hard fork, a major network upgrade, has been delayed until September 1st. This upgrade will introduce on-chain governance, allowing ADA holders to participate in decision-making. The delay is to give exchanges more time to prepare.
August 28, 2024 | 4:59 pm
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Cardano's 'Chang' hard fork, a significant upgrade introducing on-chain governance, has been delayed to September 1. This delay allows exchanges more time to prepare, potentially affecting ADA's short-term trading dynamics.
The delay in the 'Chang' hard fork could create short-term uncertainty in ADA's price as investors react to the postponement. However, the upgrade's potential to enhance governance could be seen positively in the long term. The delay is strategic, allowing exchanges to prepare, which might stabilize the market reaction.
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