Tech

Cardano Activates ‘Chang’ Upgrade: A New Era of Decentralized Governance

Discover the transformative ‘Chang’ upgrade on Cardano, ushering in a new era of decentralized governance. Explore how this significant enhancement empowers users, fosters community engagement, and reshapes the blockchain landscape.

Published

2 weeks ago

September 1, 2024

yönetici

Cardano Activates “Chang” Upgrade: A New Era of Decentralized Governance

Cardano, the innovative layer-1 blockchain that was launched in 2017 by Ethereum co-founder Charles Hoskinson, has officially activated its highly anticipated “Chang” upgrade this past Sunday. This upgrade represents a significant leap toward decentralizing governance within the Cardano ecosystem, a long-planned initiative aimed at empowering its community.

With the implementation of the Chang upgrade, ADA token holders are now granted the ability to influence the future direction of Cardano by electing governance representatives and participating in votes concerning development proposals. The structure of this new community governance is outlined in CIP-1694, which stands for “Cardano Improvement Proposal.” This proposal lays the groundwork for three user-led governance bodies: The Constitutional Committee, Delegate Representatives (dReps), and Stake Pool Operators (SPOs).

In a significant shift, the three foundational entities of Cardano—the Cardano Foundation, Input Output Global (IOHK), and Emurgo—will relinquish their control over triggering chain upgrades or “hard forks.” The responsibility for such actions will now rest with the newly established governance groups, marking a transformative step in the project’s evolution.

Cardano’s move towards a decentralized governance structure aligns it with a growing trend among cryptocurrency projects, aiming to embody the core decentralized ethos of the blockchain industry. This change not only enhances the utility of ADA but may also serve as a strategic measure to mitigate scrutiny from securities regulators.

Despite its current ranking as the 28th largest blockchain according to DeFiLlama, Cardano has maintained a strong presence in the crypto sphere, largely thanks to Hoskinson’s vibrant personality and his habit of outspoken commentary. He was instrumental in creating the Ethereum blockchain in 2014, alongside notable co-founders like Vitalik Buterin, before shifting his focus to establish Cardano as a formidable competitor.

Hard forks—major updates that render previous versions of a blockchain obsolete—are essential for the evolution of any blockchain network. The Chang hard fork is no exception and will be implemented in two distinct phases.

Phase One: Already live, this phase introduces an Interim Constitutional Committee tasked with temporarily overseeing Cardano’s governance. Caution is paramount in this stage, as the committee’s authority to modify the blockchain’s code is restricted while the broader governance model develops.
Phase Two: Anticipated to occur within the next 90 days, this phase will empower the new governance bodies fully. According to Giorgio Zinetti, CTO of the Cardano Foundation, “Once everyone is onboard and well-informed, they will be ready to actively participate in governance.”

This upgrade signifies a pivotal moment in Cardano’s roadmap, heralding the commencement of the Voltaire era—an epoch dedicated to achieving full decentralization that has been in the making since the inception of Cardano. Zinetti expressed the significance of this milestone, stating, “I would say it is the biggest event in Cardano history, and it really sets us apart from many other chains.” He further asserted, “I think we are the largest layer-1 blockchain with on-chain governance. While there are smaller players, like Tezos and Polkadot, who have implemented on-chain governance, if there were a leaderboard for real decentralized layer-1s, we would take the top spot.”

Up Next

High Technology Solution to Cargo Theft: Use of AirTag

Don't Miss

The Rise of Linux: Breaking the Dependency on Windows and the Future

Click to comment

Tech

Tesla Semi Fire: NTSB Preliminary Report Released

The NTSB’s preliminary report on the Tesla Semi fire has been released. This content includes important information about the details of the incident, the causes of the fire, and Tesla’s safety measures. Explore the impact on Tesla’s electric vehicles and its future steps.

Published

1 day ago

September 17, 2024

yönetici

The National Transportation Safety Board (NTSB) released a preliminary report stating that a Tesla Semi electric truck in California required firefighters to use “50,000 gallons” (approximately 190,000 liters) of water to extinguish a roadside fire. Firefighting teams also deployed an aircraft to drop fire retardant on nearby areas as a precautionary measure to control the fire.

The accident occurred on August 19 at 3:13 AM local time on the I-80 highway east of Sacramento. The electric truck went off the road while navigating a curve, collided with a roadside boundary marker, and then struck a tree, coming to a stop. Fortunately, the driver was not injured in the accident; however, considering their health condition, they were taken to the hospital.

The Tesla Semi’s large 900 kWh battery caught fire upon impact, and toxic smoke began to spread during the fire. While the fire continued with temperatures reaching up to 538°C, firefighters worked intensively to cool the blaze with water. However, due to the fire’s effects, the vehicle continued to burn until late in the afternoon. Meanwhile, Tesla sent a technical expert to the scene regarding fire safety and high voltage hazards.

The highway reopened to traffic at 7:20 PM local time, 16 hours after the accident. The NTSB, as an organization that can only make recommendations and cannot enforce regulations, sent a team to the area for investigation purposes. This major accident raised several issues, including dangerously hot fires and toxic smoke, which will attract the attention of many international organizations.

The NTSB had previously stated in 2021 that fires in the batteries of electric vehicles pose serious risks to emergency response teams and that the guidelines provided by manufacturers for such fires are inadequate.

Tech

New Leaks and Features About the Samsung Galaxy S25 Ultra

Discover the latest leaks and features about the Samsung Galaxy S25 Ultra. Equipped with new technologies and advanced features, this smartphone elevates the user experience to a new level. Check it out for details!

Published

1 day ago

September 17, 2024

yönetici

New Leaks About Samsung Galaxy S25 Ultra

Samsung is expected to introduce the Galaxy S25 Ultra along with the Galaxy S25 series at the beginning of 2024, likely in January. Although no official announcement has been made yet, leaks regarding the upcoming flagship continue to spread rapidly on the internet. Notable leak source IceUniverse shared several new visuals of the Galaxy S25 Ultra in a post on the X platform. These visuals reveal the design differences between the Galaxy S25 Ultra and the Galaxy S24 Ultra.

One of the notable features in the leaked images of the Galaxy S25 Ultra is the rounded corners of the phone. In contrast, this year’s Galaxy S24 Ultra has quite sharp corners, which has led to feedback from some users indicating discomfort while holding the device. Previous leaks have suggested that the Galaxy S25 Ultra may be somewhat larger.

A tweet shared by IceUniverse: Galaxy S25 Ultra Image

According to leaks, the Galaxy S25 Ultra is expected to be thinner and lighter compared to previous models. In August, rumors emerged that the upcoming Galaxy S25 Ultra would be lighter than its competitors, with a weight of under 221 grams.

Another image featured in IceUniverse’s post shows close-ups of the sides of both next year’s expected flagship phone and Samsung’s current flagship. In this image, the side of the Galaxy S25 Ultra appears flatter with rounded corners. While these changes may not create a major revolution, they will generally positively affect the feel of the phone in hand.

Looking at other rumors about the Samsung Galaxy S25 Ultra, it is expected that the company will offer top-tier screen and camera upgrades next year. Additionally, there is a strong expectation that the satellite connection feature will also be introduced alongside the Galaxy S25.

Tech

iOS 18 Officially Released: Innovations and Features

iOS 18 has been officially released! This update, packed with new features and innovations, elevates the user experience to the next level. Check out our article for details and discover the new offerings of iOS 18!

Published

1 day ago

September 17, 2024

yönetici

iOS 18 Officially Released: Here Are the Innovations!

Apple officially launched iOS 18 yesterday, as promised. After a long beta testing phase, this update brings many exciting new features for iPhone users.

iOS 18 Officially Released: Innovations and Features

New Features in iOS 18

Advanced Customization Options on the Home Screen: With iOS 18, users can now arrange app icons freely without sticking to the traditional grid layout. Additionally, there’s an option to change the colors of the icons and adjust their darkness levels. In short, you are no longer bound to a boring layout. It raises questions why Apple waited until 2024 to offer this feature.
Revamped Control Center: The Control Center is completely redesigned in iOS 18. Users will be able to group controls more comfortably, and developers can easily add controls from their applications. Also, there’s an option to divide the Control Center into pages, allowing different controls on each page.
RCS Messaging Support: With iOS 18, Apple introduces Rich Communication Services (RCS) messaging support. Users can add various effects to their texts and react with new emojis for more colorful responses.
Updated Photos App: The Photos app is presented with a new opening page and a modern layout. Users can now browse photos by time, people, and many other criteria, reorder media files, and explore more with the “Collections” feature.
App Lock Feature: Users can now lock specific applications. For example, they can activate Face ID protection from the menu that appears when long-pressing an app icon. Thus, anyone wanting to open the app will have to pass the Face ID protection first.
Apple Intelligence: One of the important features of iOS 18 is Apple’s artificial intelligence kit, Apple Intelligence. However, to fully benefit from this feature, you’ll need to wait for the iOS 18.1 update. More information about Apple Intelligence can be found here.

How to Install iOS 18?