In a video update on Monday, Charles Hoskinson, the founder of Cardano, discussed the advancements and future steps for Cardano following the implementation of the Chang hard fork. Broadcasting from Colorado, Hoskinson provided a deep dive into the ongoing developments and the roadmap ahead, particularly focusing on the governance structure and the transitional phases that Cardano is set to undergo.
What’s Next For Cardano?
Hoskinson opened his discussion by emphasizing the current state of the Cardano blockchain in the bootstrap phase following the Chang hard fork. He detailed the significance of this phase as foundational for setting up the new governance structure under the Cardano Improvement Proposal (CIP) 1694, which has now been activated.
The Cardano founder explained that the governance framework introduced with the Chang gard fork involves multiple parties, including stake pool operators (SPOs), delegated ADA…
