Cardano Activates Plomin Upgrade for Decentralized Governance
- Cardano launched its Plomin upgrade, enhancing decentralized governance.
- The upgrade allows ADA token holders to vote on treasury measures and hard forks.
- Plomin follows the Chang hard fork, implemented four months prior.
- Delegate Representatives (dReps) now vote on governance issues for ADA holders.
- 85% of nodes upgraded, surpassing the required 51% approval threshold.
The Cardano blockchain activated its Plomin upgrade, enabling ADA token holders to participate in governance decisions. This change follows the earlier Chang hard fork and includes Delegate Representatives voting on behalf of holders. With over 85% node compliance, the network successfully transitioned to this new system.
Source (2.6)https://www.coindesk.com/tech/2025/01/29/cardano-s-plomin-hard-fork-goes-live-ushering-in-on-chain-governance?rand=52298