Recent events in the Cardano ecosystem have revealed internal conflicts. Founder Charles Hoskinson confronted voting methods while defending the platform's progress.
Hoskinson's Response to Criticism
Cardano founder Charles Hoskinson responded to criticism by defending IOG’s achievements. He pointed to recent advancements like Hydra, Midnight, and Plutus upgrades that enhance the network’s scalability and smart contract capabilities.
Liquidity Improvement Initiatives
Hoskinson also highlighted the Sovereign Wealth Fund proposal aimed at improving liquidity through stablecoins.
Future of Governance in Cardano
The feud reveals growing friction in Cardano’s decentralized governance experiment. Hoskinson warned that emotional or ego-driven decision-making, such as Whale’s blanket veto, could derail progress. He called for rational, proposal-by-proposal voting and urged users to rethink how they delegate power.
With new elections on the horizon and Cardano moving further from centralized oversight, the outcome of this governance standoff may significantly impact the platform’s evolution.
