The Chang Hard Fork is being rolled out in two distinct phases for a smooth transition into decentralized governance.
Phase 1
Implemented on September 1, 2024, this phase laid the foundation for decentralized governance.
It introduced basic governance structures including the Interim Constitutional Committee and the voting framework for ADA holders and DReps.
Phase 2Expected in Q4 2024 this phase will activate advanced governance features such as on-chain voting. Also it is great to know that it will further empower DReps to represent community interests effectively.
By the end of this phase, the Cardano community will have full control over governance processes. You know it will be a historic moment in the blockchain’s evolution.