{"id":170749,"date":"2024-08-30T14:52:12","date_gmt":"2024-08-30T14:52:12","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=170749"},"modified":"2024-08-30T14:52:15","modified_gmt":"2024-08-30T14:52:15","slug":"binance-confirms-support-for-cardanos-upcoming-chang-hard-fork","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/binance-confirms-support-for-cardanos-upcoming-chang-hard-fork\/","title":{"rendered":"Binance Confirms Support for Cardano\u2019s Upcoming Chang Hard Fork"},"content":{"rendered":"
TL;DR<\/p>\n
Binance has confirmed its support<\/strong> for the upcoming Cardano (ADA)<\/strong> <\/a>network upgrade and hard fork, known as “Chang,”<\/strong> which will take place on September 1, 2024.<\/p>\n Binance will temporarily suspend<\/a> token deposits and withdrawals on the Cardano network<\/strong> starting at 20:45 UTC<\/strong> on that date to ensure the best experience for its users during the upgrade process. The hard fork will take place approximately one hour later<\/strong>, at 21:45 UTC, and Binance will resume deposits and withdrawals once the upgraded network is deemed stable.<\/strong><\/p>\n Token trading on the Cardano network will not be affected<\/strong> during the upgrade period, and Binance will handle all technical requirements for its users, ensuring ADA\u2019s compatibility<\/strong> with the new network version.<\/p>\n <\/p>\n The “Chang” hard fork is crucial for Cardano\u2019s evolution towards full decentralization, marking the beginning of the Voltaire era<\/strong>, a key stage in the platform\u2019s roadmap that aims to introduce a more decentralized and robust governance system<\/strong>.<\/p>\nBinance Requested More Time to Prepare<\/h2>\n