Charles Hoskinson Faces a Governance Crisis in the Cardano Ecosystem
Main Idea
Charles Hoskinson faces a governance crisis in the Cardano ecosystem due to a DRep's blanket rejection of IOG proposals, sparking a debate over governance and project delivery.
Key Points
1. A DRep known as 'Whale' automatically votes against all proposals from Input Output Global (IOG), citing dissatisfaction with its delivery.
2. Hoskinson defends IOG's progress, highlighting tools like Hydra, Midnight, and Plutus upgrades as advancements in Cardano's capabilities.
3. Whale accuses IOG of bloated spending and lack of tangible output, while Hoskinson labels the blanket rejections as 'emotionally charged'.
4. Hoskinson calls for rational, constructive governance and collaboration, emphasizing the importance of constructive DReps over personal disputes.
5. The situation highlights a critical moment for Cardano's future governance as IOG transitions out of its central role.
Description
Cardano is facing a governance dispute after a DRep began auto-voting “no” on all IOG proposals Cardano founder Charles Hoskinson has fired back, calling the move “emotional” and not evidence-based Hoskinson is urging the community to delegate votes to “rational” actors to protect the network’s future Cardano founder Charles Hoskinson has addressed growing tensions within the ecosystem, following a controversial governance move by a DRep known as “Whale.” The issue began with Whale’s decision to...
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