PANews reported on January 30 that Cardano successfully activated the highly anticipated "Plomin" hard fork upgrade on Wednesday. This upgrade enables ADA token holders to participate in Cardano's future decision-making, including voting on treasury measures and hard forks.
The core change of this upgrade is the full introduction of Delegate Representatives (dReps), who will vote on governance issues on behalf of ADA token holders. Previously, Cardano’s governance was handled by the three founding entities of Cardano Foundation, Input Output Global (IOHK) and Emurgo, but now these responsibilities have been transferred to the new Cardano governance team.
Before Plomin goes live, staking pool operators need to upgrade their nodes and pass 51% of the votes to approve the upgrade. As of this week, about 85% of the nodes have switched to the new version.
Earlier news: Cardano’s 2025 roadmap: plans to explore becoming the smart contract layer of Bitcoin.
