The founder of Cardano (ADA) Charles Hoskinson lit the debate on Wednesday. The head of the input terminal Global (iOG) said that Cardano was completed, adding that he has been working on the project without any financial compensation since 2020.
After completing Kardano, Hoskinson had in mind that the network fulfilled the initial contractual obligations aimed at iOG after the launch of Cardano in 2015.
Charles Hoskinson “Fully” Cardano Ceptage Community Community Community Community
Hoskinson’s comments are associated with the expiration of the IOG source contract, which began with the distribution of Genesis blocks in 2015.
“Cardano was completed. The original contract expired in 2020. I have been working for free because I have been taking care of Kardano since 2020, ”said Hoskinson.
In addition, he explained that scaling in accordance with the source road map is performed, adding that it surpassed the moving target. According to Hoskinson, the iOG is currently working on advanced scaling solutions, such as Leios and Hydra.
However, these projects can be “at risk” without guaranteed financing. According to Hoskinson, the inability to receive funding can lead to their care for other capabilities. The application raised his eyebrows, causing sharp criticism from long -standing members of the community.
“I mean this with respect: how was the contract was completed if the scaling was not completely delivered in accordance with the roadmap?” One user challenged.
The initial roadmap, which, according to Hoskinson, ended in 2020, promised the scalability of competing upper blockchains. Hydra, in particular, seeks to ensure parallel transactions processing.
This can increase the capacity of Cardano to compete of theoretical 65,000 transaction of Solana per second (TPS), which sharply contrasts with its current TPS.
Nevertheless, community members argue that Cardano still does not correspond to their third -generation blockchain for mass implementation.
“Basho, Leois and Hydra were told, and they were not implemented on Mainnet. So how was Cardano completely completed at the time of the original roadmap? These things are clearly absent, ”added another user.
Meanwhile, this contradiction applies to wider fears about the cardano management and financing model. Hoskinson formulated that the iOG would not work with a loss or for free.
He also challenged the desire of the community to decentralized decision -making, in particular, the idea of “competitive proposals” for development work. According to Hoskinson, these are the shortcomings of Western developers in expensive regions.
He believes that while speaking for such a model can make the iOG either dismiss staff, or create development centers in cheaper areas, such as India or Eastern Europe.
“… I am also not going to fire hundreds of employees and replace them with inexpensive developers to compete with inexpensive offers, like most companies. We are not time and material firm. We are building cryptocurrencies, ”he said.
Hoskinson previously criticized the structure of the Cardano Foundation. According to Beincrypto, he argued that he was associated with the ADA community and advocates the transition of the organization based on membership (MBO).
Other previous disputes included debates about the distribution of the budget and various views on the recently introduced Cardano Constitution.
While the fund expressed his readiness to support the new constitution, it gave an idea of the permits of the budget, citing the need for further consideration.
At the time of writing this article, the ADA Token Cardano was traded for $ 0.68, which decreased by almost 2% over the past 24 hours.
