Cardano Activates First Fully On-Chain Governed Hard Fork
- Ethereum
- DeFi
- Market Structure
Cardano activated the Van Rossem hard fork at 21:44 UTC on July 18, moving the network to protocol version 11 without downtime. The upgrade introduced cheaper smart contracts and laid groundwork for the upcoming Ouroboros Leios scaling changes. CT noted it as the first hard fork executed entirely through on-chain governance.