EMURGO, a founding entity and the commercial arm of the Cardano blockchain, has disclosed five significant updates set to be introduced in the upcoming second phase of the Chang hard fork. In a blog post published on October 29, EMURGO outlines the advancements that will further Cardano’s progression toward full decentralized governance and enhanced network functionality.

The first part of the Chang hard fork was successfully activated on September 1. The first phase implemented critical changes, such as the burning of genesis keys, granting voting power to the Interim Constitutional Committee, and embedding the hash of the Interim Constitution on-chain.

While the activation date for Chang Hard Fork Part 2 has yet to be announced, the revealed updates are poised to empower the Cardano community further and solidify the network’s decentralized governance model. Below are the five key changes expected in the upcoming hard fork:

#1 Cardano’s DRep Voting

The introduction of Delegate Representative (DRep) Voting is a cornerstone of the second phase of the Chang Hard Fork. DReps will become one of the three primary governing bodies within Cardano’s future governance structure, serving as a mechanism for community-driven decision-making.

“Once fully integrated, DReps will have the authority to vote on proposals and governance actions submitted by the Cardano community […]. This makes their role essential for representing the voice of ADA holders on the network,” EMURGO states.

Registration to become a DRep is currently open. Interested parties are required to make a one-time deposit of 500 ADA to obtain an on-chain DRep certificate, officially designating them as registered members.

#2 SPO Voting

Stake Pool Operator (SPO) voting is another significant upgrade in Chang part 2, granting infrastructure providers a direct role in governance. As core governing bodies on the Cardano network, SPOs will soon be able to leverage the ADA delegated to their pools as voting power.

“With this update, SPOs can soon leverage the ADA delegated to their pools as voting power,” EMURGO explained, adding: “This means they, like DReps, can vote to approve or reject community-pro

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Author: Jake Simmons