From 1b6e6be004b8c1590861c5018f0755a4d4c17761 Mon Sep 17 00:00:00 2001 From: NeilBurgess42 Date: Wed, 25 Sep 2024 19:55:41 +1000 Subject: [PATCH] Update docs/about-cardano/05-evolution/04-upgrades/07-chang.mdx Co-authored-by: olgahryniuk <67585499+olgahryniuk@users.noreply.github.com> --- docs/about-cardano/05-evolution/04-upgrades/07-chang.mdx | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/docs/about-cardano/05-evolution/04-upgrades/07-chang.mdx b/docs/about-cardano/05-evolution/04-upgrades/07-chang.mdx index 36c1a5cc..6bf8271b 100644 --- a/docs/about-cardano/05-evolution/04-upgrades/07-chang.mdx +++ b/docs/about-cardano/05-evolution/04-upgrades/07-chang.mdx @@ -15,7 +15,7 @@ Learn more about Cardano governance and related terminology in [CIP-1694](https: ::: -Chang enabled on-chain participatory governance through the implementation of mechanisms outlined in CIP-1694. This upgrade will ensure transparency, inclusivity, and resilience of governance within the Cardano ecosystem. The Conway era is based on liquid democracy, which enables individual empowerment through democratic consent by leveraging a voting process with the option of direct and representative voting. Ada holders can vote individually on every governance matter, or delegate their voting power to [delegate representatives (DReps)](https://iohk.io/en/blog/posts/2022/04/11/introducing-the-concept-of-delegate-representatives-dreps/) they trust in decision making. DReps consolidate the voting influence of numerous ada holders, ensuring that each participant can contribute to the future of Cardano’s development. +Chang enabled on-chain participatory governance through the implementation of mechanisms outlined in CIP-1694. This upgrade ensures transparency, inclusivity, and resilience of governance within the Cardano ecosystem. The Conway era is based on liquid democracy, which enables individual empowerment through democratic consent by leveraging a voting process with the option of direct and representative voting. Ada holders can vote individually on every governance matter, or delegate their voting power to [delegate representatives (DReps)](https://iohk.io/en/blog/posts/2022/04/11/introducing-the-concept-of-delegate-representatives-dreps/) they trust in decision making. DReps consolidate the voting influence of numerous ada holders, ensuring that each participant can contribute to the future of Cardano’s development. With the introduction of [PlutusV3](https://iohk.io/en/blog/posts/2024/02/12/unlocking-more-opportunities-with-plutus-v3/), Plutus scripts are available for use as part of the governance system, enabling sophisticated voting possibilities like supporting DAOs, for example. Chang also brings advanced Plutus cryptographic primitives, other new primitives, and performance enhancements to the platform. These additions provide developers with a richer smart contract creation toolkit, enhancing both developer and user experiences, and unlocking new possibilities for decentralized applications (DApps) on Cardano.