Cardano Activates Plomin Hard Fork, Introducing Decentralized Governance

The upgrade grants ADA holders direct voting power on blockchain decisions, marking a major shift in Cardano's governance model.

The Plomin hard fork officially transitions Cardano to a decentralized governance system, empowering ADA token holders to vote on key network decisions.
ADA holders can now influence protocol changes, treasury withdrawals, hard forks, and other blockchain updates through Delegate Representatives (dReps).
Previously, governance was managed by Cardano's founding entities, but these responsibilities have now been delegated to community-driven governance groups.
Stake Pool Operators facilitated the upgrade by achieving an 85% node update rate, surpassing the 51% threshold required for activation.
Future development priorities for Cardano include enhancing speed, adding privacy features, and expanding utility for developers, driven by community input.