Cardano fully decentralizes with the hard fork Plomin
The layer 1 blockchain, Cardano, has taken a key step towards total decentralization with the activation of the hard fork Plomin. From now on, holders of $ADA have the ability to make fundamental decisions about the development of the network, marking the beginning of a new era of community self-governance.
"The evolution of Cardano continues tonight with the enactment of the hard fork Plomin, paving the way for a completely decentralized governance system," announced the Cardano Foundation.
Thanks to this change, ADA holders will be able to vote on modifications to network parameters, treasury allocations, future forks, and other key aspects of the blockchain, thus consolidating a governance model without intermediaries.
The official approval of Plomin was achieved last Friday, after meeting the three necessary criteria during the provisional governance phase.
At least 85% of the staking groups updated their nodes to operate under the new protocol rules.
More than 51% of staking pool operators (SPOs) voted in favor of the update.
More than 67% of the Provisional Constitutional Committee (ICC) confirmed the constitutionality of the fork, allowing the transition to a fully decentralized governance model.
This milestone reinforces Cardano's vision of empowering its community and advancing towards a self-sufficient blockchain ecosystem.
