Cardano's Chang hard fork implementation has been delayed to September 1, allowing more time for exchanges and decentralized applications (DApps) to complete necessary upgrades. Intersect, a Cardano membership organization, announced the postponement on August 23.
This delay will ensure the ecosystem is well-prepared for this crucial milestone in Cardano's development, according to Intersect. The decision marks a significant moment for Cardano as it involves many community members and engineers in the decision-making process.
Charles Hoskinson, Cardano's founder, specifically mentioned Binance among the exchanges needing more time to get ready, leading to the postponement. He emphasized that the decision would allow the community to actively engage in network governance.
In parallel, Hoskinson hinted at a potential collaboration with Algorand to create a decentralized AI powerhouse, leveraging both networks' technologies. This collaboration is still in its early stages but has already sparked interest among both project teams.
Algorand, a Layer-1 blockchain founded by MIT professor Silvio Micali, has recently been in the spotlight for controversial advertisements criticizing Bitcoin, Ethereum, and Solana. The ads praised Algorand's technology as suitable for payments.
