Charles Hoskinson Faces a Governance Crisis in the Cardano Ecosystem
- Cardano is facing a governance dispute after a DRep began auto-voting “no” on all IOG proposals
- Cardano founder Charles Hoskinson has fired back, calling the move “emotional” and not evidence-based
- Hoskinson is urging the community to delegate votes to “rational” actors to protect the network’s future
Cardano founder Charles Hoskinson has addressed growing tensions within the ecosystem, following a controversial governance move by a DRep known as “Whale.” The issue began with Whale’s decision to automatically vote against every proposal from Input Output Global (IOG), Hoskinson’s development company, citing dissatisfaction with its delivery.
This dispute reflects deeper concerns about ego-driven governance decisions and the potential long-term risks they pose to Cardano’s development and decentralized structure.
Dispute over “non-delivery” and “emotional voting”
Hoskinson pushed back against the criticism, arguing that Cardano has made substantial progress with the successful implementation of the Voltaire era and a full on-chain government. He emphasized that…
The post Charles Hoskinson Faces a Governance Crisis in the Cardano Ecosystem appeared first on Coin Edition.
Read More
Bitcoin Price Surge: Veracity of New Milestones in Question
VC Fundraising in Crypto Sector Consolidates Under Corporate Capital Inflows
Charles Hoskinson Faces a Governance Crisis in the Cardano Ecosystem
- Cardano is facing a governance dispute after a DRep began auto-voting “no” on all IOG proposals
- Cardano founder Charles Hoskinson has fired back, calling the move “emotional” and not evidence-based
- Hoskinson is urging the community to delegate votes to “rational” actors to protect the network’s future
Cardano founder Charles Hoskinson has addressed growing tensions within the ecosystem, following a controversial governance move by a DRep known as “Whale.” The issue began with Whale’s decision to automatically vote against every proposal from Input Output Global (IOG), Hoskinson’s development company, citing dissatisfaction with its delivery.
This dispute reflects deeper concerns about ego-driven governance decisions and the potential long-term risks they pose to Cardano’s development and decentralized structure.
Dispute over “non-delivery” and “emotional voting”
Hoskinson pushed back against the criticism, arguing that Cardano has made substantial progress with the successful implementation of the Voltaire era and a full on-chain government. He emphasized that…
The post Charles Hoskinson Faces a Governance Crisis in the Cardano Ecosystem appeared first on Coin Edition.
Read More
Bitcoin Price Surge: Veracity of New Milestones in Question