Cardano Makes Major Wallet Release for Chang Hard Fork Preparations

The Cardano ecosystem has taken a significant step forward with releasing Daedalus version 6.0.0, a major wallet update that paves the way for the highly anticipated Chang hard fork. This upgrade is a crucial milestone in Cardano’s transformative journey, and its implementation is expected to have a profound impact on the ecosystem.

The latest Daedalus release introduces essential features required for the Chang upgrade, making it a necessary update for all users. The new version upgrades to node 9.1.0, Cardano wallet v2024-07-27, and dependent Ledger and Trezor hardware wallet libraries. Additionally, it resolves issues with the Daedalus auto-update feature when running on Linux with enabled “AppArmor.”

Chang Hard Fork Threshold Reached

According to Intersect, a member-based organization for the Cardano ecosystem, the Chang hard fork threshold has been reached, with 80% of Stake Pool Operators (SPOs) now running node version 9.1.0. This milestone brings the ecosystem one step closer to the Chang upgrade, which promises to improve the network significantly.

Exchange and dApp Readiness

While some exchanges have signaled their readiness for the Chang hard fork, others are still in the process of preparation. Notably, 12 exchanges have confirmed their readiness, including major players like Binance. Additionally, the first decentralized application (dApp) has confirmed its readiness for the Chang hard fork, marking an important milestone in the ecosystem’s transition.

Wallet Security Reminder

Users need to remember that Daedalus is a full-node wallet for desktops only. Any mobile version claiming to be Daedalus is likely a scam attempting to steal user seed phrases and ADA.

As the Chang hard fork approaches, users, exchanges, and dApps must ensure they are adequately prepared to take advantage of the benefits this upgrade promises to bring. The Cardano ecosystem’s continued growth and adoption depend on the successful implementation of this upgrade.

The Cardano ecosystem is on the cusp of a significant transformation with the impending Chang hard fork. The successful release of Daedalus version 6.0.0 and the reached threshold for SPOs demonstrate the ecosystem’s readiness for this upgrade.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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