Cardano has completed the first phase of the Chang hard fork

Cardano has completed the first phase of the Chang hard fork, setting the stage for more decentralized governance. At 5:44 a.m. BST this morning, Cardano officially began transferring control of the $13 billion blockchain to its native ADA token holders. Frederik Gregaard, CEO of the Cardano Foundation, said, “Many in the Cardano community gravitated to the network because of its commitment to a decentralized governance model.”