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Charles Hoskinson, the co-founder of Cardano, has emphasized the need for strong leadership to guide the network’s expansion into the Bitcoin decentralized finance (DeFi) space. According to Hoskinson, the absence of a centralized executive voice is holding back Cardano’s potential in the DeFi market.
Despite delivering consistent results in decentralization, network security, and scalability, while maintaining a strong focus on protocol integrity, Cardano’s public recognition of its milestones remains limited due to the lack of coordinated messaging and executive governance. The prominent blockchain developer expressed frustration over misinformation and personal attacks that are growing as an obstacle to the project’s progress.
Hoskinson highlighted that without a competent foundation and executive authority, it will be challenging for Cardano to effectively push its narratives into mainstream attention. He believes that in order to truly take control of the Bitcoin DeFi landscape, Cardano needs strong leadership to provide structured messaging and strategic direction.
The upcoming Rare Evo event could signify significant changes in Cardano’s governance structure. Proposed updates include a constitutional framework, community voting enhancements, and the potential creation of a sovereign wealth fund. These measures aim to align Cardano’s governance with its advanced infrastructure and future goals.
Source: coincentral.com
