Cardano (ADA) Might Distribute Its $681.9 Million Treasury to the CommunityCharles Hoskinson recently announced that a new node release for Cardano is coming this month, a step toward the major hard fork, Chang. This upgrade is key to advancing decentralized governance. For the hard fork to proceed, 70% of ADA stake pool operators must transition to the new node version.
Hoskinson envisions broad participation in Cardano's governance, aiming for it to become a decentralized global community. The Voltaire era marks increased community involvement, with delegate representatives voicing community interests.
The upcoming Cardano Constitutional Convention in Argentina will draft the first constitution, establishing decentralized governance principles. This constitution will be ratified by a community-wide vote, setting a precedent for blockchain projects worldwide.
