Cardano Founder Considers Governance Model Revamp Amid Community Concerns

ADA News: Charles Hoskinson Eyes Governance Overhaul for Cardano Foundation

Charles Hoskinson, the founder of the Cardano project and the CEO of Input Output Global (IOG), has sparked a heated discussion within the Cardano community by mentioning the possibility of an overhaul to the foundation’s governance model. This announcement comes as a response to ongoing concerns about the lack of transparency and accountability within the organization.

In his recent comments, Hoskinson emphasized the importance of establishing trust with the Cardano community, stating that it is essential for the project’s future success. He also highlighted the need to re-evaluate the foundation’s structure and make changes to ensure better governance.

The community has been vocal about their desire for more transparency and accountability within the organization. The recent incident involving a large sum of funds being moved without any clear explanation has raised concerns among Cardano supporters.

Source: www.crypto-news-flash.com