
According to the latest announcement of the Cardano Foundation in X, Cardano (there) The block chain will be activated by the activation of Plomin Hard fork.
The Foundation said, “Tonight Cardano evolved. Plomin Hard Fortu comes into force and points to the transition to fully decentralized management, and he added: “The island owners gain real voting power in terms of parameter changes, treasury withdrawal transactions, hard forklar and the future of the block chain; This is a turning point in the management of block chain. ”
The approval process for Plomin Hard Fork was completed last Friday after Cardano was fulfilled in the temporary management stage:
- At least 85 %of the Stinging pools were upgraded to a Cardano Node version that can process new protocol rules.
- More than 51 %of Stinging Pool operators (SPOs) voted in favor of upgrade.
- More than 67 %of the Provisional Constitutional Committee (ICC) decided that Hard Fork was in accordance with the rules.
The Cardano Foundation played an important role in the process by confirming the “yes” game last Thursday. The Foundation also stated that the management action meets all procedural requirements, enabled the CIP-1694 management and integrated the new Plutus primitives into protocol.
Plomin upgrade brings significant changes to Cardano’s management and operational framework:
- The full activation of the CIP-1694 administration allows the island owners to vote for the treasury withdrawals, new rule proposals and confidence voting.
- The initiation of the voting of the decentralized representatives (DREPS) and the Stool Operator (SPO) will be strengthened and the decentralized decision -making mechanism will be strengthened.
- Starting award will be limited to a DREP accounts that are delegate to a DREP and will be adapted to the new management model.
*It is not an investment advice.
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Source: https://www.bitcoinsistemi.com/cardano-ada-bugun-belki-de-tarihinin-en-onemli-guncellemesini-alacak-iste-bilinmesi-gerekenler/