Cardano's on-chain governance system, launched in 2025, has led to ADA holders' representatives (DReps) rejecting major funding proposals from founder Charles Hoskinson and associated entities in 2026. Key disputes include a $18 million treasury withdrawal request, a $3.66 million summit budget, and a $8.6 million research proposal for scaling and quantum-resistant cryptography. These rejections highlight a shift in control from founding entities to the community, raising questions about Cardano's direction and the founder's influence. The outcome will shape Cardano's identity and governance dynamics going forward.
Charles Hoskinson, founder of Cardano, is studying governance frameworks from over 11,000 DAOs and a decade of literature to enhance Cardano's conflict resolution ahead of its 2027 governance cycle. The review focuses on decision-making roles, priori...
Charles Hoskinson, Cardano's founder, is reviewing governance models from over 11,000 decentralized autonomous organizations to address internal conflicts within Cardano's ecosystem. This move comes amid tensions in Cardano's Voltaire governance phas...
Charles Hoskinson, founder of Cardano, has launched a comprehensive review of over 11,000 decentralized autonomous organizations (DAOs) to explore governance design, executive functions, and strategy setting. This move comes amid controversy over a 3...
Cardano founder Charles Hoskinson is conducting a large-scale audit of 11,000 third-party DAOs to restructure the project's governance by 2027. This move comes amid internal conflict between developers pushing for practical DeFi product funding and H...
Bitcoin fell below the key $75,000 level, sparking a sharp selloff across major cryptocurrencies including Ethereum and top altcoins. This drop triggered around $400 million in liquidations of leveraged long positions, intensifying market panic. The ...
