The Cardano Foundation will preserve its independence, says new CEO
This inherent separation of power is all in accordance with Charles Hoskinson’s vision. The Cardano (ADA) ecosystem has a complex governance structure, not dissimilar from the way the U.S. democracy operates, with its built-in checks and balances. There are three main players: the Cardano Foundation, EMURGO and IOHK; according to the Foundation’s incoming CEO Frederik Gregaard, the governance will only get more complicated as more organizations join. He also said that he intends to maintain the Foundation’s independence from Cardano’s founder and IOHK CEO, Charles Hoskinson, who created....
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The Cardano Foundation recently said it has doubled the payout offered to hackers and bounty hunters that identify bugs or vulnerabilities within the Cardano blockchain. The foundation said the six-week promotion, which runs until March 25, 2022, is part of an ongoing attempt to keep “its businesses and customers safe.”
Strengthening the Cardano Brand
The Cardano Foundation recently announced the start of a promotion that will see it double the value of the reward given to bounty hunters that discover vulnerabilities within the Cardano ecosystem. Starting from....
Save the Children in Rwanda recently became the latest member of the NGO community to endorse cryptocurrencies after it announced the establishment of a partnership agreement with the Cardano Foundation. ADA Donations According to a statement released by parties to the project, this arrangement became possible after Cardano “installed a payment gateway that allows ADA donations to come directly to the project without intermediaries.” Once received, the funds will be “invested in African-based social enterprises with a proven impact on children, families, or youth.”....
The Cardano Foundation recently launched a delegation strategy that has sparked criticism from the Cardano community. This has prompted some community members to seek clarification from founder Charles Hoskinson, but he seems to want no part of the unrest. Hoskinson Declares No Ties To Foundation Following the publication of Cardano Foundation’s delegation strategy update, a […]
Input-Output Hong Kong (IOHK) has listed ADALend on their :Essential Cardano List” of projects that are considered part of the ecosystem supporting and providing Cardano users with products and services. “The Essential Cardano List” gives an overview of the Cardano ecosystem with an accompanying map, a central library of materials, Cardano Foundation, and Emurgo resources, as well as community-generated materials and a list of current stake pools. ADALend’s inclusion in the list marks a milestone for the project and its plans to broadcast consumer awareness for....
In a post on X, Frederik Gregaard, CEO of the Cardano Foundation, articulated the imminent advancements towards a decentralized governance structure, marked by the introduction of an interim constitution. This initiative precedes the anticipated Chang hard fork, which will herald the Voltaire era of community-driven governance on the blockchain. The Interim Constitution For Cardano Gregaard’s […]