Hoskinson Clarifies Role in Cardano, Shifts Focus to Decentralized Governance
Cardano founder Charles Hoskinson has pushed back against criticism from the community over the project's slow adoption rate, emphasizing that he is not accountable for Cardano's user adoption. In a response on X, Hoskinson clarified that he serves as CEO of Input Output Global (IOG), but has no official role in the decentralized Cardano network.
Hoskinson addressed criticism regarding Cardano's slower pace on real-world applications, stating 'I am not accountable for Cardano adoption. Full stop. You people cannot seem to get it. Cardano is decentralized. I have no official role.' He emphasized that control over the treasury and hard forks now rests with community-elected representatives.
The public rebuttal highlights mixed sentiment around Cardano's protocol adoption, with some community members voting against a 12.29 million ADA treasury request for an IOG-backed Bitcoin DeFi product. In contrast to other central foundation-based competitors, Cardano's treasury actions are subject to on-chain voting, which can take longer and add delays in developer funding.