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Cardano Founder Charles Hoskinson recently addressed concerns and media reports regarding the governance model of Ethereum. In an interview during the TOKEN2049 conference in Singapore, Hoskinson, who also co-founded Ethereum, expressed his views on the centralization of decision-making within the Ethereum network.  He critiqued the heavy reliance on co-founder Vitalik Buterin but clarified that his comments were more about structural observations rather than personal criticisms. Cardano Founder Clarifies His Take on Ethereum Governance Replying to recent headlines by the Cointelegraph, Cardano Founder Charles Hoskinson articulated his perspective on Ethereum’s governance structure. During his explanation, Hoskinson emphasized that while Vitalik Buterin is a central figure in Ethereum’s decision-making process, the blockchain also relies on a broader community and the Ethereum Foundation for major decisions.  Hoskinson’s critique stems from a concern over what he perceives as a top-heavy governance model, which he believes contrasts with the decentralized approach of Cardano’s new governance model. Hoskinson further explained that his remarks were intended to highlight structural challenges within Ethereum’s governance, rather than direct criticism towards Vitalik Buterin personally. He noted that although Buterin’s influence is significant, it does not equate to absolute control.  Concurrently, he noted that decision-making involves various stakeholders within the Ethereum community. Additionally, the Cardano founder announced his intention to cease giving interviews expressing frustration over what he considers dramatic headlines and  misinterpretation of his comments.  Hoskinson lamented the focus on generating headlines rather than conveying the views he shared during the interviews. He replied in a post on X platform stating, “I’m just going to stop giving you guys interviews. I’ve had enough of the dramatic headlines and wasted interviews” Cardano Launches Voltaire Era, Advances Decentralized Governance In a move to refine its governance model, Cardano recently introduced the Voltaire era following the Chang hard fork. This new phase in…

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Filed under: News - @ September 25, 2024 2:27 pm