The post Input Output Exits Cardano Leadership Ahead Of Elections appeared on BitcoinEthereumNews.com.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Cardano development studio Input Output Global (IOG) has announced that it will relinquish its seat on the blockchain’s Interim Constitutional Committee once community elections conclude this summer, drawing a clear line under the role it assumed during the 2024 Chang hard-fork transition. In a three-part X thread published on May 28, the company wrote that it was “honored to serve on Cardano’s Interim Constitutional Committee” but “will not stand for reelection,” adding that it is “confident the Cardano community has a wealth of talent to choose from.” IOG reminded followers that it “stepped up in August 2024, at the time of the Chang hard fork, to help steward the process during a time of transition,” and pledged to keep casting on-chain votes and publishing rationales until its mandate expires. The firm urged prospective candidates to consult resources assembled by Intersect, the member-based organization coordinating governance matters, and to “draw on the support offered by Intersect and existing ICC members to facilitate the election.” Cardano founder Charles Hoskinson echoed the sentiment in a separate post, writing: “Our last official role soon ends. It’s been an honor and the privilege of my career to serve with you all. Time for new ideas and blood.” Cardano Elections The ICC was formed alongside the first phase of the Chang upgrade in late August 2024, a hard fork that introduced the foundations of on-chain governance to Cardano’s Conway-era ledger. The upgrade empowered ADA holders to elect delegates (dReps) and submit governance actions—features that required an oversight body while the full Constitutional Committee framework was being finalized. Intersect’s election roadmap sets out five phases that run through the northern summer. Candidate registrations opened on May 1 and close on May 31; campaigning occurs…

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Filed under: News - @ May 30, 2025 3:28 am