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Charles Hoskinson: Cardano’s Governance Future by 2025

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by A1

3 hours ago


Charles Hoskinson, founder of Cardano, outlined the future governance plans for the platform, aiming for a decentralized model by 2025.

Cardano's Constitutional Convention

The Constitutional Convention recently concluded, marking the ratification of draft constitutions supported by 95% of delegates. This significant event stems from a global effort to refine Cardano’s governance model.

These people come from different parts of the world: Africa, South America, Australia, New Zealand, Asia, Europe, and North America—all six continents. We tried to find someone from Antarctica, but we just couldn’t send the short notice.None

Decentralization Goals for Cardano

Hoskinson emphasized the importance of transitioning to a fully decentralized governance model by 2025. The community debate includes those advocating for immediate decentralization and those favoring a gradual shift.

Early Missteps and Achievements

Hoskinson acknowledged early governance missteps due to a lack of experience. Nevertheless, Cardano's technical successes and contributions from scientists and engineers were celebrated.

Others feel that there needs to be a longer transition period and there needs to be institutions [...] that are not subject to the democratic whims and will of the ecosystem.None

Cardano continues to refine its governance, focusing on sustainable and decentralized operations. The platform aims to position itself as a leader in the evolution of blockchain technology.

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