Cardano Foundation CEO Frederik Gregaard has recently unveiled the interim constitution of Cardano. This represents a major change towards decentralization of governance in the Cardano community. The interim constitution will specify basic principles, including transparency, accountability, and responsible management. The objective of these guidelines is to provide each ADA owner with the possibility to actively act and affect the future of the blockchain.
This constitution is not the end of the thing but acts as an initial document only. It shall expedite the process of going through different phases of the evolution of government. With Cardano gearing up for a new formation, the provisional rules will serve to test and regulate governance. This method of governance is acceptable because all the stakeholders are adequately represented and involved in the decision-making process.
Chang Hard Fork Marks New Governance Era
The Unveiling of the Prospectus for the interim constitution is be
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