{"id":4874,"date":"2025-01-23T09:50:15","date_gmt":"2025-01-23T09:50:15","guid":{"rendered":"https:\/\/dev.adavault.com\/?p=4874"},"modified":"2025-01-23T10:09:26","modified_gmt":"2025-01-23T10:09:26","slug":"plomin-hard-fork","status":"publish","type":"post","link":"https:\/\/dev.adavault.com\/index.php\/2025\/01\/23\/plomin-hard-fork\/","title":{"rendered":"Plomin Hard Fork"},"content":{"rendered":"\n

Voting has hit the critical thresholds so that means we have lift off for the second phase of Chang, which is the Plomin Hard Fork. The transition will occur at the end of the next Epoch 536, which will be the 29th January 2025.<\/p>\n\n\n\n

With this upgrade, Cardano will become the first fully decentralized blockchain. ADA holders and the community will take on responsibility to govern Cardano, with authority to make decisions by voting on its strategic path, development direction, and future investments across the ecosystem.<\/p>\n\n\n\n

This is a very big deal, and largely completes the initial roadmap that Charles and the founding trinity of IOHK, CF and Emurgo laid out (some work is still planned on scaling<\/a> which was due with Basho). Part of this transition will be redefining the relationship between those bodies and Intersect<\/a> (and other Member Based Organisations that may arise). An increase in accountability will be a positive outcome.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

We will share our voting principles in a future blog post. Suffice to say these will continue to be based on maximising value for long term delegators and prioritising strategic goals over short term gimmicks. We see Cardano as a very long term play, with a minimum investment horizon of 10-15 years.<\/p>\n","protected":false},"excerpt":{"rendered":"

Voting has hit the critical thresholds so that means we have lift off for the second phase of Chang, which is the Plomin Hard Fork. The transition will occur at the end of the next Epoch 536, which will be the 29th January 2025. With this upgrade, Cardano will become the first fully decentralized blockchain.…<\/p>\n","protected":false},"author":1,"featured_media":4875,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[8],"tags":[456,459],"class_list":["post-4874","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano-updates","tag-chang2","tag-plomin-hard-fork"],"yoast_head":"\nPlomin Hard Fork - ADAvault<\/title>\n<meta name=\"description\" content=\"The ADAvault blog\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev.adavault.com\/index.php\/2025\/01\/23\/plomin-hard-fork\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Plomin Hard Fork - 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