$ADA

The Chang Hard Fork, implemented with Block 10,764,778, introduces CIP-1694, a governance model that gives ADA holders a direct say in the decision-making process of the network. This marks a significant step toward full decentralization, a long-term goal for Cardano (ADA). The Cardano (ADA) Foundation has celebrated this achievement, describing it as a move towards a “fully autonomous and decentralized network.” The governance structure now includes three bodies: the Governance Committee, DeleGate Representatives (dReps), and Stake Pool Operators (SPOs). Together, these entities will oversee the decision-making processes on the Cardano (ADA) blockchain.#ADA