Ifeanyi Jesse 
Cardano co-founder Charles Hoskinson gave an update on the network’s future and Chang and Ouroboros Leios
Cardano co-founder Charles Hoskinson is optimistic about the network’s future. In one of his most recent tweets, he noted forthcoming substantial advancements and the Cardano community’s strength.
Charles Hoskinson noted in an April 7 tweet on X: “We have all the cards as an ecosystem. We have identified the optimum path for scalability, governance, and innovation. “We also have the best community.” His excitement is spurred by the prospect of two considerable enhancements, one of which is expected to be released this year.
Cardano Network Chang Hard Fork Update
The Chang hard fork is one of the most highly anticipated updates to the Cardano network. It’s expected to be one of the most significant hard forks since the 2022 Vasil update. Chang, the first hard fork of Cardano’s Voltaire period plan, is set to launch in the second quarter of this year to introduce community-run governance to the blockchain.
The Chang update will enable on-chain community consensus and allow ADA holders to vote on ideas, marking a significant step toward the network’s ultimate decentralization. Hoskinson noted the progress made on SanchoNet, the testnet for the planned hard fork, which signals the upgrade’s impending arrival.
The transformation will continue throughout the year, with the introduction of Delegate Representatives (DReps), a Cardano Constitution Convention event, and a Cardano community vote to ratify the first draft of the Cardano Constitution.
Charles Hoskinson Update on Ouroboros Leios
Hoskinson also discusses the substantial advancement of Ouroboros Leios. This novel proof-of-stake consensus approach tackles the blockchain trilemma. This update attempts to boost Cardano’s throughput, scalability, and transaction speed while maintaining its existing decentralization level.
Hoskinson referred to Ouroboros Leios as “the biggest step forward towards solving the blockchain trilemma ever,” highlighting the importance of this update for the Cardano network’s future.
