TechFlow reports that the Cardano blockchain has successfully activated the "Chang" upgrade, marking a significant step toward decentralized governance for the ecosystem.
Following this upgrade, ADA token holders will be able to shape the future of Cardano by electing governance representatives and voting on development proposals. The new community-driven governance structure establishes three user-led governance bodies: the Constitutional Committee, Delegation Representatives (dReps), and Stake Pool Operators (SPOs).
The Chang hard fork is being implemented in two phases, with the first phase introducing an interim Constitutional Committee, and the second phase expected to fully empower the new governance bodies after 90 days.
Previous report, Binance will support the Cardano (ADA) network upgrade and hard fork.
