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Cardano is fully entering the Voltaire era of decentralized governance, and it released a roadmap to explain the rollout of these changes. It identifies three categories that require meaningful upgrades: scalability, usability, and utility.
Cardano Foundation CTO Giorgio Zinetti joins CoinDesk with the latest update on the Plomin hard fork deployment, which has switched the blockchain to decentralized governance. Plus, insights into the voting system and Cardano's global influence.
Bitcoin's volatility is likely to pick up following Fed Chair Jerome Powell's comments, but the potential direction of the price move remains elusive to most traders.
Cardano is set to activate the Plomin hard fork by 21:44 UTC on Jan. 29, ushering in a new era of decentralization for the network. This upgrade, confirmed in a Jan. 29 statement shared with CryptoSlate, grants ADA holders direct voting power over critical network decisions, including parameter adjustments, treasury withdrawals, and hard forks.
TL;DR Cardano activates the Plomin hard fork, granting ADA holders voting power on important decisions within the network. The update met the requirements for stake pool participation and the Interim Constitutional Committee. ADA fell by more than 3.4% in the last 24 hours, as the market continues to evaluate the impact of the update.
The Cardano blockchain is set to undergo an upgrade with the launch of the Plomin hard fork on January 29, 2025, at 21:45 UTC. The hard fork is meant to steer Cardano's transition toward a fully decentralized governance, as confirmed in a recent post by the Cardano Foundation on X.
Cardano is taking a major step toward decentralized governance with the activation of the Plomin hard fork. This upgrade gives Cardano (ADA) holders direct voting power over key blockchain decisions, including protocol changes, treasury management, and governance proposals.
The Plomin hard fork, set to go live on Wednesday, marks a significant milestone for Cardano by enabling decentralized governance.
Cardano is set for a major milestone as the blockchain network looks to evolve with fully decentralized governance. On January 29, the Cardano Foundation announced the Plomin hard fork, a blockchain upgrade that introduces key governance changes to Cardano (ADA), takes effect “tonight”.
The latest Cardano hard fork introduces new governance actions such as protocol upgrades and treasury withdrawals.
Today is a big day for Cardano, as the much anticipated Plomin Hard Fork is set to be enacted tonight. According to Intersect, the mainnet hard fork governance action has been successfully ratified on-chain.
Cardano's Plomin hard fork brings full decentralized governance, giving ADA holders voting power over key blockchain decisions.
Cardano price has consolidated this year, but numerous technical patterns point to a potential rebound. ADA is now in the fourth Elliot wave phase, has formed a triple-bottom and a bullish pennant.
The downward momentum on Cardano price seems to be weakening amid broader market recovery. Is ADA about to reverse from consolidation?
This update represents a significant evolution for the entire ecosystem.
This upgrade marks a pivotal moment, giving ADA holders more control over the network's future. With the official draft of the Cardano constitution signed in December 2024, the next step is an on-chain vote by the community and Delegated Representatives (DReps).
While ADA and AVAX are swept up in a market-wide dip, FXGuys is surging forward, promising life-changing gains and great long-term rewards to holders!
Cardano is set to launch Plomin Hard Fork later today to further strengthen the ecosystem's governance. ADA holders will then hold real voting power.
The cryptocurrency market is navigating a correction, with leading assets experiencing a pullback following recent gains. Bitcoin (BTC) is trading at $102,584.12, down 0.27% over the past 24 hours, while still maintaining a 2.77% gain over the past week. Ethereum (ETH) has declined to $3,141.78, reflecting the overall bearish sentiment.
A hard fork is a non-backwards compatible change to the blockchain's programming.
The crypto market is currently full of expectations as investors are waiting for the next big price pump. Saint Pump forecasts the Solana price could surge to $500. Also, Beastlyorion says ADA's value might pump $5.7.
Cardano's price has taken a hit over the past week, dropping nearly 10%. While the broader cryptocurrency market has also been experiencing a downturn, ADA's price fall can largely be attributed to a significant decline in whale activity.
Solana (SOL) and Cardano (ADA) gather steam after the latest downturn; industry experts tip DTX Exchange (DTX) for huge gains considering its blend of DeFi and TradFi.
Cardano (ADA) has continued to fight to hit the $1 level. The momentum on the market has pushed Cardano to rank as the 9th-biggest cryptocurrency by market capitalization, currently valued at $33 billion.
