#hard fork

Cardano’s blockchain successfully completed the Chang hard fork, introducing decentralized governance and improving smart contract capabilities. ADA token holders now wield the power to shape the project’s future by electing representatives and voting on various development initiatives.

The price of the AR token, belonging to the Arweave decentralized data storage platform, fell by 13% amid speculation about a potential hard fork. Sam Williams, the founder of the platform, indicated that data storage solutions provider Irys is contemplating a network reset.