Cardano Prepares To Launch Plomin Hard Fork

Cardano, a leading blockchain platform, is preparing to launch the Plomin Hard Fork which is scheduled to take place later this month. This update is an important milestone in the development of the Cardano ecosystem.

Through this upgrade, Cardano aims to eliminate dependence on central authority in decision making, and replace it with a fully community-run model.

This update, known as the name Plomin Hard Fork, is part of a major step in realizing more transparent and decentralized blockchain governance.

Previously, Cardano relied on the main decision makers, but with this update, the network will shift towards a mechanism where all crucial decisions will be made by stakeholders through a voting process involving all members of the community.

The process of launching this hard fork begins with the Cardano Improvement Proposal (CIP-1694) submission which aims to define in detail the governance of this decentralization.

Through this proposal, Cardano hopes to abolish the role of the core team in making decisions over time. For ADA token holders, this is an important moment to participate in this governance system through a vote mechanism based on token ownership.