Input Output CEO: The recent “negative sentiment” around Cardano is the impact of governance changes
2024-10-11 04:27
Odaily News Input Output CEO Charles Hoskinson spoke about the recent negative sentiment towards the future development of Cardano, attributing the criticism to the impact of its new governance framework, Voltaire, which finally allows users to raise their concerns in a decentralized and public manner. "You may have all noticed that the sentiment about Cardano on X has become more negative recently. This change is not a reflection of the failure of our project, but rather a desired outcome of Voltaire," Hoskinson said. The community has recently expressed concerns that the network has failed to meet expectations, partly due to the mediocre performance of its native token ADA and partly due to development delays. Voltaire is the final stage of Cardano's development roadmap. It aims to introduce decentralized governance and make the blockchain self-sustaining, and also enables the Cardano community to propose, vote, and fund projects using an on-chain funding system. (CryptoSlate)
