Cardano, renowned for its meticulous research-based methodology, is on the brink of a major advancement with the forthcoming Voltaire era. This ultimate phase in Cardano's development plan aims to transform the platform's governance and decentralization, heralding a new phase in its progression.
Voltaire: Completing the Decentralization Puzzle
The Voltaire era embodies the realization of Cardano's ultimate goal for a completely decentralized and self-sustaining blockchain ecosystem. Central to this era is the introduction of CIP-1694, a proposal intended to evolve Cardano's Proof-of-Stake (PoS) network into a self-governing system. This enhancement will enable ADA holders to actively engage in decision-making processes, thereby influencing the platform's future trajectory.
Charles Hoskinson's Vision
Charles Hoskinson, the founder of Cardano, has expressed his enthusiasm for the Voltaire era. Recently, he shared on social media that the wait is nearly over, suggesting the forthcoming release of Cardano Node version 9.0. This node update is anticipated to set the stage for the eagerly awaited Chang hard fork, which is poised to be one of the most significant changes to the network so far.
June 2024, Cryptoniteuae