Major Cardano Hard Fork Will Give ADA Holders a Say in Network's Future
Cardano's Plomin hard fork is expected to go live, enabling ADA token holders to participate in the governance of the network. This upgrade aims to provide users with real voting power on various network changes, including treasury withdrawals and future upgrades. Cardano, one of the leading blockchain networks, seeks to transition to a fully decentralized governance model, enhancing user engagement in the decision-making processes. The Cardano Foundation has emphasized that this event marks a significant milestone in blockchain governance, contrasting with typical hard forks that result from disagreements among developers. Instead, the Plomin hard fork will be a coordinated transition agreed upon by developers to facilitate governance changes. The latest upgrade follows comments from Cardano's founder, Charles Hoskinson, about his intention to focus on policy advocacy in 2025. This development represents a considerable shift in how Cardano will operate, enhancing community involvement in shaping the platform's future.
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