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Community Digest

Cardano Foundation
Not-for-profit organization

The Chang #1 Hard Fork on September 1, 204, marks a key milestone for Cardano, initiating a new governance era. The first phase introduces an Interim Constitutional Committee (ICC) to oversee governance with limited powers, while Stake Pool Operators retain approval rights for protocol changes. The second phase, Chang Upgrade #2, expected in 90 days, will fully activate on-chain governance per CIP-1694. As Cardano enters the Conway era, the new Delegated Representatives (DReps) role is vital for governance, allowing ada holders to influence decisions. Early DRep registration requires a 500 ada refundable deposit.

community digest