$ADA

Cardano has officially ratified its new Constitution, marking a significant step towards achieving a fully decentralized governance model. Founder Charles Hoskinson shared this milestone in a video announcement, revealing that the final version of the Constitution now replaces the interim framework. This development paves the way for a transparent, community-driven decision-making structure.

The ratification process saw overwhelming support, with 85% of participants voting in favor of the new governance framework. While 6.62% opposed the proposal, 7.68% chose not to participate in the vote. The Constitution is set to be fully enacted on February 23, 2025, ensuring that Cardano's evolution is guided by its decentralized community. With clear governance rules now in place, Cardano has established a solid foundation for long-term sustainability and adaptability.

This achievement follows two years of extensive collaboration, involving more than 1,800 contributors from over 50 countries. With a decentralized ecosystem comprising 800+ stakeholders and 108,000 active delegators, Cardano has now become self-governing, no longer reliant on any central authority. Hoskinson confidently stated that this shift makes Cardano "unstoppable," as governance decisions will now be driven by elected officials. Looking ahead, the project will focus on refining its roadmap, allocating its budget, and transitioning to a fully elected Constitutional Committee by September.

Hoskinson emphasized Cardano's unparalleled competitive edge, highlighting strategic partnerships such as BitcoinOS, privacy-focused initiative Midnight, and the scaling solution Leios. He asserted that Cardano now possesses the largest governance layer in the crypto space, allowing it to crowdsource innovative ideas and integrate AI-driven strategies.

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