- Cardano founder Charles Hoskinson believes the Chang Hardfork is “practically complete.”
- The hard fork intends to complete decentralization for the enterprise blockchain.
- Galaxy Fox has a similar innovative mindset and is also taking off.
Cardano founder Charles Hoskinson has stated that the Chang Hardfork is practically complete. The smart contract platform implemented this fork to complete its transition to a proper Decentralized Autonomous Organization (DAO) in line with its vision.
Decentralization is an indispensable aspect of true cryptocurrency platforms. The concept of community governance is novel and separates this sector from traditional finance platforms. Cardano took time to implement its governance structure, but it appears to be complete.
Galaxy Fox also promotes decentralization in the meme coin scene. This play-to-earn gaming memecoin has taken the Web3 landscape by storm after its listing on Uniswap in April. $GFOX is emerging as a top meme coin project and looks to become the next $1 memecoin.
What you'll learn 👉
Cardano Completes its Hard Fork
Charles Hoskinson has confirmed that Cardano is practically done with its hard fork to usher in the Voltaire era. Voltaire is the final step of Cardano’s rollout and actualizes its DAO. The DAO governance structure is a staple for blockchain platforms, with different platforms achieving varying degrees of success in implementation.
Cardano prides itself on being a community-driven platform. It deliberately took a research-driven approach for a robust decentralized framework. The slow pace of its rollout is no coincidence but the founders anticipate long-term benefits.
Cardano completed its CIP-1694 proposal to introduce delegates selected by token holders. These representatives will have a vital role in Cardano’s governance structure as they formulate its governance constitution. A decentralized platform that relies on consensus rules is beyond the control of individuals.
The name Chang is from a Cardano enthusiast Phil Chang who died two years ago. Hoskinson anticipates that the Voltaire era is the final step that will bring decentralized governance to the platform.
GFOX Surges On Strong Fundamentals
Galaxy Fox has similar decentralized credentials to Cardano. It is a play-to-earn gaming platform that presents a pivotal moment from the meme coin landscape. This project has a bold approach that should propel $GFOX to the higher echelons of crypto tokens.
The platform launched its immersive game in May 2024 and continues to wow markets. This game involves players nurturing digital fox characters to participate in exciting battles throughout the game. The players earn various rewards in the course of the game which gives further incentive for players to build the platform.
Tokenized gaming is a paradigm shift in the power balance between game developers and players. It ensures that gamers become more active stakeholders in the gaming scene and benefit just as much as the gaming platform. Galaxy Fox also has NFT collectibles to create more valuable in-game items for users on the platform.
Conclusion
GFOX elevates beyond earlier memecoins like Dogecoin and Shiba Inu with its utility. It is not enough to just have a notorious meme. Now, the focus is on what the meme coin can achieve for its community beyond mere hype. These reasons inform why investors are confident that GFOX will be one of the best projects of 2024, benefitting from crypto-wide upgrades as seen in Cardano.
For Info about $GFOX, visit Galaxyfox.io
Conclusion
Cardano enters its Voltaire era as one of the best-implemented decentralization projects. All attention now is whether the market will respond and elevate ADA to where believers like Phil Chang intend it to go.
$GFOX is keen to follow a similar course. This memecoin is on the cusp of becoming one of the leading projects in the crypto landscape.
Visit the Galaxy Fox website today to learn more about the project.
Learn more about $GFOX here:
Galaxyfox.io | Join the Community
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