Cardano Takes Major Step Toward Decentralized Governance with Plomin Hard Fork

Upgrading to Decentralized Governance

The activation of the Plomin hard fork marks a significant milestone for Cardano, as it transitions from a centralized decision-making process to a system where the community has greater control. This upgrade gives Cardano holders direct voting power over key blockchain decisions, including protocol changes, treasury management, and governance proposals.

Shift to Community-Led Decision Making

Previously, governance decisions were primarily influenced by the Cardano Foundation and other core contributors. However, with the Plomin hard fork, ADA holders can now vote on governance actions either directly or through delegated representatives. This shift towards decentralized governance is a major step forward for Cardano, aligning with its long-term goal of minimizing centralized oversight.

Tonight, Cardano evolves. The Plomin hard fork takes effect, marking the transition to full decentralized governance. $Ada holders gain real voting power—on parameter changes, treasury withdrawals, hard forks, and the blockchain’s future. A milestone in blockchain governance.

Seven Governance Actions Introduced

The Plomin hard fork introduces seven governance actions outlined in Cardano Improvement Proposal CIP-1694. These include:

  • Allowing ADA holders to propose and vote on constitutional changes
  • Approving treasury withdrawals
  • Initiating votes of no confidence against governance structures
  • Restricting staking reward withdrawals to accounts that delegate to a DRep, reinforcing decentralized decision-making

Technical and Governance Requirements Met

For the hard fork to be enacted, three key thresholds were passed:

  • At least 85% of stake pools upgraded to a compatible Cardano node
  • Over 51% of stake pool operators voted in favor of the upgrade
  • More than 67% of the Interim Constitutional Committee determined that the upgrade was constitutional

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