The Plomin hard fork implemented CIP-1694, a governance proposal designed to establish decentralized decision-making, which allows Cardano’s community to vote on treasury withdrawals, protocol parameter changes, and network upgrades

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The Plomin hard fork implemented CIP-1694, a governance proposal designed to establish decentralized decision-making, which allows Cardano’s community to vote on treasury withdrawals, protocol parameter changes, and network upgrades

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The upgrade will enable Cardano ADA $0.963 tokenholders to delegate voting power to delegated representatives who vote on governance actions, including protocol parameter changes, treasury withdrawals and hard fork initiations.
According to the organization, the hard fork finalizes the implementation of CIP-1694 as Cardano enters the Voltaire era—a phase designed to establish a self-sustaining blockchain. Through on-chain voting, the community will gain control over changes to network parameters, treasury allocations, and protocol upgrades.
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, approve treasury withdrawals, and initiate votes of no confidence against governance structures. Additionally, staking reward withdrawals will now be restricted to accounts that delegate to a DRep, reinforcing decentralized decision-making.

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