John Smit
@johnsmit
🔥 Cardano Enters a New Era: Plomin Hard Fork is Here! Today is a big day for Cardano. The Plomin hard fork is officially rolling out, and this is more than just another upgrade—it’s a fundamental shift in how the network is governed. For those who’ve been following Cardano’s journey, you know that decentralization has always been a core goal. With this upgrade, we’re moving into the Voltaire era, where governance is no longer in the hands of IOHK, the Cardano Foundation, or Emurgo. Instead, ADA holders will have a real say in how the network evolves. What Does This Mean? ✔ Community-driven governance – ADA holders will vote on proposals, protocol upgrades, and treasury allocations. ✔ A decentralized treasury – No need for a central authority to fund development; the network will sustain itself. ✔ Full autonomy – This is one of the final steps in making Cardano a fully self-governing blockchain.
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John Smit
@johnsmit
Why This Matters We’ve seen governance experiments in crypto before—some worked, some didn’t. What makes Cardano different is its methodical approach. It’s taken years to get here, and now we’ll see if this model actually works. What’s Next? If the community embraces on-chain governance, Cardano could set a new standard for decentralized networks. If not, it could struggle with voter apathy and governance inefficiencies. Either way, we’re watching history in the making. Curious to hear what you think—does Cardano’s governance model have a real shot at success? Drop your thoughts below!
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