Cardano founder Charles Hoskinson has issued a caution against emotional decision-making within the blockchain’s governance processes, urging stakeholders to prioritize rational evaluation of proposals. This warning comes amid heightened tensions over Input Output Global’s (IOG) project execution and disputes regarding technological progress timelines.
Criticism surfaced when a major stakeholder known as ‘Whale’ implemented blanket rejections of all IOG proposals, citing perceived development delays. Hoskinson characterized such sweeping actions as detrimental emotional responses that threaten productive governance.
Defending IOG’s contributions, the Cardano creator highlighted tangible advancements including: Enhanced network scalability, operational progress on Hydra layer-2 scaling solutions, development of Midnight privacy protocol upgrades, and substantial improvements to Plutus smart contract capabilities.
Hoskinson stressed that maintaining Cardano’s decentralization requires proposal-specific evaluations rather than generalized voting patterns. He specifically pointed to IOG’s Sovereign Wealth Fund initiative as an example of constructive, forward-looking governance deserving objective consideration.
These technological developments – particularly Hydra’s transaction efficiency and Midnight’s privacy features – aim to boost Cardano’s market competitiveness regarding smart contracts and confidential transactions.
Upcoming governance elections will challenge stakeholders to demonstrate thoughtful engagement, balancing necessary accountability against broader ecosystem growth objectives in their voting behavior.