Cardano introduces plan 529 ahead of Plomin hard fork upgrade
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 04 2024Cardano's Upcoming Hard Fork: Cardano has announced Plan 529, a preparatory step for the Plomin hard fork set to enhance governance and capabilities, scheduled for December 20, 2024. The implementation will occur between January 4 and January 29, 2025, depending on stakeholder voting outcomes.
Hydra Protocol Performance and ADA Growth: Cardano's Hydra protocol has achieved a record throughput of 134,464 transactions per second during testing, significantly surpassing its usual rate. Meanwhile, the ADA token has seen a notable increase in value, rising 16% over the past week and 267.31% monthly, as it aims to recover its all-time high.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
