By Curtis Dye
Charles Hoskinson, the inventor of the Cardano blockchain, called out crypto analyst Vanessa Harris on Twitter today for a mistake she made about the Cardano network’s governance structure.
Hoskinson called Harris’ viewpoint “categorically untrue,” warning that such speculation might generate a wave of fear, confusion, and doubt in the crypto community.
Cardano governance under scrutiny
Harris published a 17-part Twitter thread on Cardano governance on Sunday. She added that the Cardano development team, Input Output Global (IOG), developed CIP-1694 always to maintain control over Cardano unless under challenging situations.
As a result, the crypto analyst said that Cardano’s governance system was centralized and controlled by a few people, which concerned decentralization proponents.
Additionally, Harris said that normal ADA users could only participate in government if they become Delegated Representatives (DReps). It means that the governing body excludes ordinary users and significantly influences Stake Pool Operators (SPOs) and DReps.
Cardano creator clarifies committees
Rick McCracken, a Cardano community member, suggested that the Cardano creator conduct a Twitter Space to clarify the difference between the Initial Committee and follow-on Committees. McCracken added that Harris’ opinion was based on publicly available information concerning the CIP. Therefore a clarification would be appreciated.
Hoskinson subsequently hosted the Twitter space with only three thousand people tuning in. In other news, the Cardano native token has dropped by almost 6% in the previous seven days, according to statistics from the market monitoring website CoinMarketCap, and is now trading at $0.3389.
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