$ADA: Cardano Prepares for Full Decentralization as it Plans to Enter the Voltaire Era

Cardano is laying the groundwork for full decentralization as it plans to enter the Voltaire era later this year. The Voltaire era aims to develop a self-sustaining system by introducing voting and treasury systems, allowing network participants to use their stake and voting rights to influence the…

Highlights

• Cardano is laying the groundwork for full decentralization as it plans to enter the Voltaire era later this year.
• IOG, the company responsible for Cardano’s research and development, provided an update on Cardano’s Age of Voltaire.
• The proposal is being designed and co-created with the community to deliver on-chain mechanisms that enhance democratic decision-making across the ecosystem.
• To fund future development, Cardano will introduce a treasury system, pooling a fraction of all transaction fees to support development activities following the voting process.
• To achieve true decentralization, the platform requires a capacity for maintenance and improvement in a decentralized manner.

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