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MainNewsCardano Rele...

Cardano Releases Node 9.0.0, Initiating Chang Hard Fork Countdown


by CoinEdition
Cardano Releases Node 9.0.0, Initiating Chang Hard Fork Countdown
  • Cardano founder Charles Hoskinson announced the debut of Cardano Node 9.0.0.
  • Node 9.0.0 introduces on-chain governance via SIP 1694 and more.
  • Node 9.0.0 also puts Cardano closer to the Chang hardfork.

Charles Hoskinson, the brains behind Cardano, announced the release of Cardano Node 9.0.0 during a livestream from Colorado on Monday. This update sets the stage for the Conway Ledger era.

Node 9.0.0 brings key changes needed for this new era, including on-chain governance through SIP 1694, support for Plutus V1 reference scripts, and Plutus script signature support via SIP 69. It also includes Plutus version 3.0, preparing Cardano for its Chang hard fork by letting it enter the bootstrap phase of SIP 1694, essential for decentralized governance.

Hoskinson explained that Stake Pool Operators (SPOs) will independently test the new node and decide when to upgrade. Once 70% or more of the SPOs upgrade, a hard fork date will be set, moving Cardano into the Chang era. This phase will feature the newly formed Interim Constitutional Committee (ICC) and newly elect…

The post Cardano Releases Node 9.0.0, Initiating Chang Hard Fork Countdown appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsCardano Rele...

Cardano Releases Node 9.0.0, Initiating Chang Hard Fork Countdown


by CoinEdition
Cardano Releases Node 9.0.0, Initiating Chang Hard Fork Countdown
  • Cardano founder Charles Hoskinson announced the debut of Cardano Node 9.0.0.
  • Node 9.0.0 introduces on-chain governance via SIP 1694 and more.
  • Node 9.0.0 also puts Cardano closer to the Chang hardfork.

Charles Hoskinson, the brains behind Cardano, announced the release of Cardano Node 9.0.0 during a livestream from Colorado on Monday. This update sets the stage for the Conway Ledger era.

Node 9.0.0 brings key changes needed for this new era, including on-chain governance through SIP 1694, support for Plutus V1 reference scripts, and Plutus script signature support via SIP 69. It also includes Plutus version 3.0, preparing Cardano for its Chang hard fork by letting it enter the bootstrap phase of SIP 1694, essential for decentralized governance.

Hoskinson explained that Stake Pool Operators (SPOs) will independently test the new node and decide when to upgrade. Once 70% or more of the SPOs upgrade, a hard fork date will be set, moving Cardano into the Chang era. This phase will feature the newly formed Interim Constitutional Committee (ICC) and newly elect…

The post Cardano Releases Node 9.0.0, Initiating Chang Hard Fork Countdown appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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