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10.09.2024

Chang Hard Fork: a new stage in the development of Cardano

Cardano’s Hard Fork chang is one of the most significant updates in the history of this blockchain platform. It is part of a long-term modernization strategy aimed at increasing scalability, improving the performance of smart contracts and enhancing the overall security of the network. To better understand how important this hard fork is, we propose to consider in more detail the key changes and their impact on the Cardano ecosystem.

 

1. Scalability: the foundation of sustainable growth

 

Scalability has always been a key challenge for blockchain networks, especially ambitious projects like Cardano, which aims to become the basis for global financial applications and smart contracts. The Hard Fork chang significantly improves network bandwidth, which is a prerequisite for increasing the number of transactions and users.

 

What has changed?

 

With each updаte, the Cardano network develops mechanisms to optimize transaction processing, reduce the time of confirmation and increase the amount of data that can be processed by the blockchain. The following updates were made as part of the Hard fork chang:

 

  • Increase in block size. This allows a blockchain to simultaneously process more transactions, thus reducing the likelihood of network congestion.

  • Optimize data distribution and storage. These changes not only speed up the network, but also reduce transaction processing costs, which is especially important for DeFi and NFT applications where high fees can be a barrier to mass adoption.

 

2. Safety: strengthening the foundation

 

Cardano has already established itself as one of the most reliable blockchain networks thanks to high-level formal verification methods and the unique Ouroboros consensus algorithm. However, with the ecosystem growing rapidly and membership increasing, safety remains a key priority.


Security changes:

 

  • Updating consensus algorithms.

 

The Ouroboros algorithm, based on the Proof of Stake (PoS) mechanism, has been refined to be even more resistant against consensus attacks. These changes make the network more secure against potential threats such as double-spend attacks and 51% attacks.

 

  • Additional measures to prevent DDoS attacks.

 

 Hardfork Chang has implemented improved protection mechanisms against distributed attacks, which is especially important for ensuring stable network operation in high traffic conditions and increasing the number of users.

 

3. Development of an ecosystem of smart contracts and dApps

 

One of the strengths of Cardano is its ability to create and maintain complex decentralized applications (dApps) with smart contracts. After the introduction of functional smart contracts with the updаte Alonzo Hardfork Chang has greatly expanded the possibilities for developers.

 

Major improvements:

 

  • Optimizing the work of smart contracts.

 

The updаte has been redesigned to process transactions related to smart contracts, which speeds up their execution and reduces the cost of computing resources.

 

  • Advanced features of the Plutus

 

Plutus, the main language for developing smart contracts in the Cardano network, has received updates that have made it more flexible and powerful. This allows developers to build more complex and secure applications.

 

  • Integration with other standards.

 

Thanks to the Chang hard fork, dApps developers can now more easily integrate their solutions with other ecosystems and blockchains, opening up new horizons for cross-platform solutions.

 

4. Interoperability: a step towards a multi-block ecosystem

 

One of the most important trends in blockchain development is the creation of interoperable solutions that allow different networks to interact with each other. Cardano is actively developing in this direction, and Hard fork Chang has opened the door to even more cross-channel integrations.

 

Key changes:

 

  • Mechanisms for interaction with other blockchains.

 

The Hard Fork has added protocols that facilitate data and asset exchange between Cardano and other blockchain, such as Ethereum, Polkadot and others.

 

  • Integration with decentralized exchanges.

 

The updаte made it easier to exchange tokens between different networks, making the platform more attractive for users working with multi-channel applications.

 

Further plans and development

 

The Chang Hard Fork is just one stage of Cardano’s long-term development roadmap. There are even more improvements and innovations ahead for the team, such as the full implementation of second-tier solutions for even greater scalability, as well as an expansion of the developer ecosystem.

 

What can we expect in the future?

 

  • Improved work with sidechains.

 

In the future, Cardano plans to actively use sidechains to offload the main network and speed up transactions.

 

  • Development of second level solutions.

 

 Second-level solutions such as Hydra will allow you to process thousands of transactions per second, making Cardano one of the most scalable platforms on the market.

 

Cardano’s Chang Hard Fork not only strengthened Cardano’s current position, but also laid the foundation for further growth and development. With improvements in scalability, security, interoperability, and developer capabilities, Cardano becomes an even more attractive platform for building decentralized applications and solutions that can operate on a global scale.

 

This event highlights the Cardano team’s commitment to sustainable growth and innovation, making the platform one of the most promising blockchain platforms in the world!

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