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$ADA Cardano Officially Enters the Era of Community Governance with the Van Rossem Hard Fork
Cardano has just completed the Van Rossem hard fork, upgrading its protocol to version 11 for the first time entirely through an on-chain governance system, not directly led by the founding team.
🔸 Voting Process: DRep received 78.97% support, the Constitutional Committee approved 7/7, and the SPO received 53.02%, exceeding the required threshold.
🔸 Technical Improvements: Optimized Plutus (reduced smart contract execution costs), strengthened ledger verification rules, paving the way for Ouroboros Leios (expected 2026).
👉 The Van Rossem hard fork is a historic turning point for Cardano, marking the transfer of control from IOG to the community. While ordinary users may not see the changes immediately, in the long run, this governance mechanism will shape the future of the network. This is a model that many other blockchains can learn from in their decentralization journey.
💬 Do you think Cardano will be the model for decentralized governance in the future?
News is for reference, not investment advice. Please read carefully before making a decision.
Cardano has just completed the Van Rossem hard fork, upgrading its protocol to version 11 for the first time entirely through an on-chain governance system, not directly led by the founding team.
🔸 Voting Process: DRep received 78.97% support, the Constitutional Committee approved 7/7, and the SPO received 53.02%, exceeding the required threshold.
🔸 Technical Improvements: Optimized Plutus (reduced smart contract execution costs), strengthened ledger verification rules, paving the way for Ouroboros Leios (expected 2026).
👉 The Van Rossem hard fork is a historic turning point for Cardano, marking the transfer of control from IOG to the community. While ordinary users may not see the changes immediately, in the long run, this governance mechanism will shape the future of the network. This is a model that many other blockchains can learn from in their decentralization journey.
💬 Do you think Cardano will be the model for decentralized governance in the future?
News is for reference, not investment advice. Please read carefully before making a decision.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.