With this new feature, cryptocurrency will become entirely decentralized. This update should take place at the end of June.

Major news for cardano. Managed until now by the founders of its ecosystem and the development company IOHK, the cryptocurrency will become “self-managed”, like many other major cryptocurrencies. It will be valued by its users. 70% of them have also adopted this new feature which guarantees the community a blockchain with the “most advanced governance system on the market”, according to Charles Hoskinson, co-founder of Ethereum and Cardano. “The Voltaire era” wants to propose more projects in order to directly finance its ecosystem.

On its website, Cardano explains that Voltaire is “an era of development allowing the network to become a self-sustaining system.” “Voltaire will introduce a voting and treasury system that will allow network participants to use their stake and voting rights to influence the future development of the blockchain.”

Cardano recalls that the system is managed by more than 3,000 distributed stake pools which are managed by the community. All blocks and transactions are validated by network participants, without any dependence on a centralized authority.

On million people. We will have the most advanced blockchain governance system, annual budgets, treasury and the wisdom of our entire community to guide us.

With a capitalization of 14.14 billion euros on June 12 according to Coinmarketcap, Cardano is in the top 10 of the largest cryptocurrencies in the world.

Antoine Larigaudrie and Sébastien Bordry

Source: https://www.bfmtv.com/crypto/blockchain/decentralisation-la-crypto-cardano-bientot-dans-l-ere-voltaire-de-l-autogestion_AV-202406120392.html



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