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.
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.
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.