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MainNewsADA’s Most C...

ADA’s Most Contentious Vote Yet Proved Its On-Chain Democracy


by Ikemefula Aruogu
for CoinEdition
Charles Hoskinson comments on Cardano Foundation vote abstentions and DAO approval of Project Catalyst
  • Charles Hoskinson compared Cardano’s governance with mainstream politics.
  • Cardano reflects the “ideal” democratization of governance processes.
  • Decentralized governance promotes accountability.

Cardano founder Charles Hoskinson has compared the blockchain solution’s governance system with mainstream politics, emphasizing his stance during the last US election cycle. 

Citing the Cardano community’s decision over recent proposals, Hoskinson highlighted how democratic governance can enhance responsibility among decision-makers in a government setup.

Hoskinson Urges Community Focus

In his latest post, the Cardano CEO repeated his comment from last year, noting the tendency for unaccountable and unelected bureaucrats to let the people down. 

He encouraged the community to push forward regardless of bumps and focus on tak…

The post ADA’s Most Contentious Vote Yet Proved Its On-Chain Democracy appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Crypto Trader Loses $28 Million HYPE Token Profit in 4 Days, Lookonchain Reports

Crypto Trader Loses $28 Million HYPE Token Profit in 4 Days, Lookonchain Reports

A cryptocurrency trader has caught users’ attention after on-chain data showed the in...
Altcoins on Divergent Paths: XRP Nears Breakout Level, Solana Holds Key Support, Shiba Inu Flashes Bearish Warnings

Altcoins on Divergent Paths: XRP Nears Breakout Level, Solana Holds Key Support, Shiba Inu Flashes Bearish Warnings

As the crypto market stagnates with Bitcoin (BTC) at $105K, top altcoins like XRP, So...
MainNewsADA’s Most C...

ADA’s Most Contentious Vote Yet Proved Its On-Chain Democracy


by Ikemefula Aruogu
for CoinEdition
Charles Hoskinson comments on Cardano Foundation vote abstentions and DAO approval of Project Catalyst
  • Charles Hoskinson compared Cardano’s governance with mainstream politics.
  • Cardano reflects the “ideal” democratization of governance processes.
  • Decentralized governance promotes accountability.

Cardano founder Charles Hoskinson has compared the blockchain solution’s governance system with mainstream politics, emphasizing his stance during the last US election cycle. 

Citing the Cardano community’s decision over recent proposals, Hoskinson highlighted how democratic governance can enhance responsibility among decision-makers in a government setup.

Hoskinson Urges Community Focus

In his latest post, the Cardano CEO repeated his comment from last year, noting the tendency for unaccountable and unelected bureaucrats to let the people down. 

He encouraged the community to push forward regardless of bumps and focus on tak…

The post ADA’s Most Contentious Vote Yet Proved Its On-Chain Democracy appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Crypto Trader Loses $28 Million HYPE Token Profit in 4 Days, Lookonchain Reports

Crypto Trader Loses $28 Million HYPE Token Profit in 4 Days, Lookonchain Reports

A cryptocurrency trader has caught users’ attention after on-chain data showed the in...
Altcoins on Divergent Paths: XRP Nears Breakout Level, Solana Holds Key Support, Shiba Inu Flashes Bearish Warnings

Altcoins on Divergent Paths: XRP Nears Breakout Level, Solana Holds Key Support, Shiba Inu Flashes Bearish Warnings

As the crypto market stagnates with Bitcoin (BTC) at $105K, top altcoins like XRP, So...