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Cardano Founder Says IOG Won’t Resubmit Research Proposal if Rejected


Cardano Founder Says IOG Won’t Resubmit Research Proposal if Rejected

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Cardano founder Charles Hoskinson warned Input Output Global (IOG) will not resubmit a research funding proposal if delegated representatives (DReps) reject it after DRep YUTA abstained citing concerns about wasteful treasury spending. The dispute underscores governance and funding risk for Cardano research and could impede protocol R&D, upgrades and ecosystem adoption if the proposal fails.

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Cardano founder Charles Hoskinson has warned that Input Output Global (IOG) will not resubmit its research proposal if delegated representatives (DReps) reject it. Hoskinson made the remarks after DRep YUTA announced an abstention, citing concerns about wasteful treasury spending while acknowledging the potential risks of rejecting the proposal outright.

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