Cardano’s Plomin Hard Fork Heralds Transition to Full Decentralized Governance

The Cardano blockchain has transitioned to full decentralized governance following the completion of its Plomin hard fork.
The Cardano Foundation described the shift as a “milestone in blockchain governance” in an X post on Jan. 29.
On Jan. 24, the members of the Cardano Foundation’s Interim Constitutional Committee (ICC) approved the Plomin hard fork.

“We are pleased to announce that we have voted YES on the Plomin Hard Fork governance action,” the Cardano Foundation revealed in a post last Friday.
The Plomin hard fork lets Cardano (ADA) holders transfer voting power to delegated representatives who will have the authority to vote on governance actions, including protocol parameter changes, treasury withdrawals, and hard fork initiations.
Hard forks need staking pool operators to upgrade their nodes and give the green signal for the upgrade with a 51% majority. In a blog post on Jan 23., EMURGO, a founding entity of Cardano, revealed that 78% of Cardano's network nodes had upgraded to the new version as of Jan. 22.
The Plomin hard fork, named in memory of Cardano community contributor Matthew Plomin, was initially criticized for being the second upgrade of the two-part Chang hard fork. The Plomin hard fork that just took place is a follow-up upgrade of the first phase of the Chang hard fork, which was initiated in 2024.
At the time of writing, Cardano (ADA) is trading around $0.96, up 2% in the last 24 hours, as CoinGecko data shows. ADA is up 75% over the past year.

Related Posts
Advertisement
Get an edge in Crypto with our free daily newsletter
Know what matters in Crypto and Web3 with The Defiant Daily newsletter, Mon to Fri
90k+ Defiers informed every day. Unsubscribe anytime.