The Cardano Foundation (CF) is in the spotlight after an anonymous Whistleblower made revelations that drew comments from Charles Hoskinson and the broader community. Big Pey, a top Cardano community content creator, published the email from the Whistleblower. The revelations have sparked conversations on the future of decentralization in the protocol.
The Big Cardano Foundation Flaws
According to the anonymous Whistleblower, the commentary on the flaws of CF came from their vantage position working in the organization. Among the biggest claims include the last-minute intervention in the protocol’s now-accepted constitution. The whistleblower said CF almost undermined the constitution process with delayed engagement and adhering to timelines to disrupt the process.
CF was also accused of failing at the leadership level and always soft-pedaled on projects where they have limited control. The anonymous whistleblower even noted that the involvement of IOG, the organization headed by Charles Hoskinson and Intersect is one reason why CF leadership almost shunned the constitution process.
Beside these claim, the Whistleblower also touched on poor representation in approving CIP-1694. Other key issues include control exertion on Project catalyst and lack of vision to move Cardano forward.
The Whistleblower also flagged leadership issues at Intersect, IOG and Emurgo, another Cardano founding entity. However, these trio were given a big break as they claim their flaws are not directly undermining the protocol.
Charles Hoskinson and Community Reacts
Many members of the community are already sharing their take on the revelations. While some believe the claims made are not new, Big Pey noted that a founding entity undermining the actions of another founding entity is a big deal.
Commenting on the claims, Charles Hoskinson said he agrees with some of the claims of the Whistleblower. He noted that Intersect should have been the Cardano Foundation, a change the Whistleblower claims is because of quality leadership.
It’s been a long and difficult road, but I do agree with some of the sentiments of the whistleblower. I honestly have no idea if the CF will vote against the community constitution or budget. It has been extraordinarily frustrating, and yes, intersect should have been the CF.… https://t.co/tSE1O1P1t4
— Charles Hoskinson (@IOHK_Charles) December 11, 2024
Charles Hoskinson also expressed uncertainty on whether the Cardano Foundation will vote yes to the Constitution. Also, he confirmed that many in the organization do not like him.
Overall, the protocol is growing, with Hydra Doom advancing in handling heavy transactions and new proposal for growth. While it remains unknown how the community will forge ahead from this Whistleblower claims, ADA price has anchored on latest market boost to chart a rebound.
Per an earlier ADA price analysis, the coin stand a chance to soar to $4 after this week’s heavy selloffs. As of writing, market data shows the coin was trading for $1.0865, up 10.51% in 24 hours.
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