2 days ago · Plomin comes just four months after Cardano implemented the “Chang” hard fork, which put in place many of the mechanisms that went into effect on Wednesday. (Hard forks are major updates made ...

Jan 23, 2025 · The Plomin hard fork is a key upgrade for Cardano, enabling full decentralized governance under the Voltaire era. It allows ada holders to delegate voting power to DReps for decisions on protocol updates, treasury withdrawals, and hard forks. SPOs must upgrade their nodes and achieve a 51% majority vote for activation. With 78% of nodes upgraded as of January 22, 2025, Plomin marks a milestone ...

12 hours ago · The activation of the Plomin hard fork follows strong support from six entities within the Cardano ecosystem. The Cardano Foundation, alongside Input Output Global (IOG), the development firm led by Charles Hoskinson—voted in favor of the upgrade. Other key backers include EMURGO, Intersect, the Cardano Japan Council, and the Cardano Atlantic ...

14 hours ago · The Plomin Hard Fork isn’t just about governance—it could have implications for Cardano’s DeFi ecosystem. Total Value Locked (TVL) in Cardano’s DeFi protocols stood at around $500 million at publication, reflecting steady growth in decentralized finance activity.

2 days ago · For background, Plomin is a follow-up upgrade implemented after Chang’s hard fork that went live in 2024. The upgrade forms part two of Chang and gets its name in memory of Cardano community ...

1 day ago · A hard fork is a non-backwards compatible change to the blockchain's programming. The Plomin hard fork needs Stake Pool Operators to upgrade their nodes and approve the upgrade with a 51% vote.

12 hours ago · Following its Plomin hard fork, Cardano achieved full decentralized governance by giving ADA token holders voting rights to decide major blockchain matters. Through voting mechanisms, stakeholders play a crucial role in determining changes to parameters, treasury application destinations, and network improvement plans that will guide ecosystem ...

1 day ago · Cardano has successfully activated its Plomin hard fork, marking a major milestone in the network’s journey toward full decentralized governance.The upgrade, which went live on January 29, 2025, enables ADA holders to vote on key governance actions, including parameter adjustments, treasury allocations, and future protocol upgrades. This transition places Cardano’s governance directly in ...

Jan 22, 2025 · Node 10.1.4 is a mainnet-ready release of the Cardano node that is capable of crossing the Chang#2 ("Plomin") hard fork. It adds safeguards at the mempool level to block specific types of transaction that could lead to a DoS attack following the hard fork.

1 day ago · Plomin hard fork announcement. Source: Cardano Foundation. The upgrade will enable Cardano tokenholders to delegate voting power to delegated representatives who vote on governance actions, ...