Cardano will conduct a "Chang" hard fork on September 1, introducing on-chain governance and other mechanisms

BlockBeats reported that on August 28, the Cardano blockchain, launched by Charles Hoskinson, one of the co-founders of Ethereum (2017), plans to conduct a "Chang" hard fork on September 1, making major changes to its main network structure and introducing a mechanism for users to participate in on-chain governance.

It is reported that CIP-1694 is the core Cardano improvement proposal for this upgrade, which introduces various management structures for the Cardano ecosystem, including its Constitutional Committee, dReps, and Stake Pool Operators (SPOs).