Cardano Activates Plomin Upgrade, Shifting Governance to ADA Holders

robot
Abstract generation in progress

Cardano's Plomin upgrade gives ADA holders control over governance decisions through decentralized voting.

The upgrade introduces Delegate Representatives who vote on behalf of ADA holders for key network changes.

Plomin strengthens Cardano's governance by requiring community approval for treasury use and protocol updates.

Cardano, the layer-1 blockchain developed by Ethereum co-founder Charles Hoskinson, implemented its Plomin upgrade on Wednesday. This update transitions the network toward

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)