
Bejarano: “The Chang hard fork positions Cardano as the undisputed leader when it comes to true decentralization”
Cardano was one of the altcoins that rose the most four years ago, surpassing 3 dollars per token. Now, its price struggles to surpass 0.50 cents and doubts have arisen about the network. We talked about all of this with Pablo Antonio Bejarano, CEO of PBG.io.
What is your opinion on the immediate impact of the Chang hard fork on the Cardano ecosystem? What fundamental changes will we see in governance and smart contracts?
The immediate impact of the Chang hard fork on Cardano is significant, as it marks the beginning of a fully decentralized governance, where the community takes control of key network decisions. As for smart contracts, we will see improvements in their efficiency and security, making it easier to create and deploy more complex and robust decentralized applications.
The Future of Cardano
Looking ahead, how do you see Cardano evolving after the Chang hard fork? What are the next steps for the network?
After the Chang hard fork, Cardano continues to strengthen itself as a network that prioritizes true decentralization, allowing its community to have real control over governance. The next logical step will be to consolidate its governance structure and continue improving interoperability with other networks.
This focus on decentralization is key for projects like ours at PBG, which leverage Cardano’s security and transparency to build advanced solutions in asset tokenization.
Historically, we have seen mixed reactions in the price of ADA after previous hard forks. What do you expect to happen in terms of market reaction this time?
The impact on the price of ADA will be limited in the short term, but when talking about price, the true value of the Chang hard fork lies in its ability to attract the attention of the entire industry. This event not only shows that decentralization is possible, but also that Cardano is achieving what many other networks are still dreaming of or trying to accomplish. By solidifying itself as a truly decentralized network, Cardano strengthens its position as an extremely reliable platform for innovative projects seeking security, decentralization, and scalability.
With the continuous evolution of Ethereum and other platforms, how does the Chang hard fork position Cardano against its competitors?
The Chang hard fork positions Cardano as the undisputed leader in true decentralization. While platforms like Ethereum have made advancements, none have achieved the level of decentralization that Cardano is implementing.
In many networks, governance is still concentrated in the hands of a few actors, creating risks of centralization and vulnerability. With this hard fork, Cardano is demonstrating that decentralization is not just a goal, but a tangible reality. This feature not only sets it apart from its competitors but also makes it the safest and most reliable option for projects that truly value autonomy and security, as is the case with PBG.
What opportunities and risks do you see for investors in the short and long term after the upgrade?
Honestly, I see more risks for users who trust other networks. In an ecosystem where security and true decentralization are vital, any network that doesn’t prioritize these aspects is exposing its users to significant risks. At PBG, where the stakes are high and asset protection is critical, we decided to build our technology on the best available infrastructure: Cardano. Here, security is not just a priority, it is intrinsic to decentralization itself. By trusting a truly decentralized system, we are ensuring that our users have the maximum possible protection.
The long-term opportunities in Cardano are immense, as the focus on decentralization and security creates an ideal environment for sustainable growth and innovation in blockchain, without sacrificing the scalability required to cater to billions of users. It is a third-generation blockchain and perhaps the first and only one to solve the famous trilemma. (Security, Decentralization, and Scalability)
Source: DirigentesDigital
https://dirigentesdigital.com/funds-markets/cripto/bejarano-chang-hard-fork/