Cardano delays Chang hard fork to September for exchange readiness

Cardano's (CRYPTO:ADA) highly anticipated Chang hard fork has been postponed to September, giving exchanges more time to prepare for the significant upgrade.

Initially scheduled for August 27, the delay was announced by Intersect, a Cardano membership organisation, on August 23. 

The group explained that the rescheduling ensures the ecosystem is fully equipped for this critical milestone.

The delay is partly due to some exchanges, particularly Binance, needing additional time to complete necessary upgrades. 

Cardano founder Charles Hoskinson confirmed that the postponement was necessary to allow these platforms to get ready. 

He noted, “It looks like Binance and a few others need more time to get their houses in order, so the rocket is going to wait on the pad, another epoch for the weather to get better.”

The Chang hard fork is a pivotal step in Cardano’s journey toward the Voltaire era, marking a shift in governance by involving more community members and engineers in decision-making. 

This upgrade will empower Cardano holders to participate actively in network governance and enhance smart contract capabilities by introducing features to improve data security.

In addition to the hard fork, Hoskinson hinted at a potential partnership with Algorand to create a “decentralised AI powerhouse.”

This collaboration could combine Algorand’s technology with a proof of work optimised for AI, pushing the boundaries of decentralised AI applications.

Hoskinson and Algorand's Chief Technology Officer, Gary Malouf, have expressed interest in further exploring this partnership, which could lead to significant advancements in the blockchain industry.

As Cardano prepares for the Chang hard fork and explores new collaborations, the community is closely watching these developments, which could have far-reaching implications for the network’s future.

At the time of reporting, the Cardano share price was $0.3814.