The Update of Cardano [ADA] Was Published by Charles Hoskinson

Cardano was the focus of IOHK Foundation founder and CEO Charles Hoskinson, who spoke about the network’s mistakes and made a comparison with the Bitcoin Foundation.

Recently, Charles Hoskinson gave his two cents for the separation between the Cardano Foundation and the rest of the current projects. His main problem was the lack of transparency of the system and he even attacked the Cardano Foundation for his government as dictator. He even talked about a hypothetical intervention with the Cardano Foundation:

“I would like to ask basic questions, for example, do you think the community is interested in the fact that the foundation is led by a king? There is no supervision or control and balance if you have one board out of two where you do not have much else, paperwork and the other have absolute power, why do you think of transparency?”

Hoskinson openly attacked the Cardano Foundation by comparing it to the Bitcoin Foundation and confidently said that cryptocurrency was not needed to succeed. During a conversation with Crypto Insider, he said:

“The reality is that we have been working with this situation for two years and we have not reached that stage where Emurgo and IOHK have traditionally abandoned the existing leadership structure of the foundation and we are determined to tell the Church that we are moving without it. “it”

Technologically, Cardano received further assistance when it was discovered that Trezor’s hardware wallet would be compatible with the ADA token.