Charles Hoskinson, the founder of Cardano, recently spoke out about concerns surrounding the network’s governance structure.
His message was clear: development processes will be robust and transparent. In a video posted on March 16, Hoskinson addressed rumors regarding CIP 1694, a new governance proposal that will usher in the age of Voltaire for Cardano.
The Voltaire era of Cardano is expected to lay the foundation for decentralized decision-making, making the network a self-sustaining system.
CIP 1694 seeks to build on and extend the original Cardano governance by introducing a voting and treasury system that enables network participants to use their stake and voting rights to influence the future development of the network.
Hoskinson dismissed claims that the proposal was being pushed in a closed private process controlled by a single entity. He explained that the CIP would make the network’s governance system more decentralized by creating more choices for voters.
The proposal would allow users to choose between voting yes or no, delegating their vote, or abstaining, giving them more control over the network’s development.
The founder was forced to respond to similar claims after Vanessa Harris, a Web 3 advisor, claimed that CIP-1694 was designed to ensure that Input-Output Global (IOG), the developers of Cardano, would continue to control the project. Hoskinson quickly dismissed the claim, describing it as “categorically false and a great example of how FUD spreads.”
Hoskinson urged Cardano enthusiasts to read CIP 1694 for themselves, rather than relying on hearsay or negative commentary on social media. He stressed that the proposal’s aim was to craft a system that reflects the needs of everyone involved.
