As a seasoned analyst with years of experience in the cryptocurrency market, I’ve learned to take such announcements in stride. Delays are not uncommon in this fast-paced industry, and they often serve as a testament to the complexity of the technology behind these digital assets.
Charles Hoskinson, the creator of Cardano, has used platform X to communicate that the eagerly awaited Chang hard fork for the blockchain will be delayed.
Cardano’s creator, Hoskinson, suggests that Binance, the most significant cryptocurrency trading platform regarding trading volumes, and certain other centralized exchanges might be causing the delay due to needing more time to sort out internal matters. He further explained, “It seems that Binance and others require a bit more time to tidy up their operations, so we’ll have to wait for a better day before the rocket can launch.”
The hard fork is now expected to go live in September, according to the Cardano founder.
Simultaneously, Hoskinson emphasized that there is nothing hindering Cardano from moving to Voltaire. “Nothing will halt the upgrade to Voltaire. We’re simply waiting for any obstacles to pass before we proceed,” he stated in a subsequent social media update. In simpler terms, the transition to Voltaire is unavoidable and we are just awaiting the right conditions to do so.
According to U.Today, it was planned for Chang to start streaming live on August 27th. This potential date was suggested by the Input Output team around a week following over 70% of Cardano’s stake pool operators (SPOs) upgrading their nodes to Version 9.1.0.
Previously, the scheduled release of Chang had to be postponed because the Cardano network encountered a Denial-of-Service (DoS) attack around the end of June.
The highly anticipated hard fork marks a significant technical aspect during the Volaire period for Cardano, aimed at facilitating completely decentralized governance by the community.
According to U.Today’s report, Cardano has regained a position among the top 10 cryptocurrencies, primarily due to the anticipation stirred by an upcoming hard fork event.
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2024-08-23 20:47