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Cardano’s Science Coin Identity at Risk as Charles Hoskinson Warns of Research Collapse

BeInCrypto
Charles Hoskinson warned that Cardano risks losing its core research lab if a 32.9 million ADA funding proposal is rejected by voters.

Summary

Cardano founder Charles Hoskinson has warned that the blockchain risks losing its core research identity if a 32.9 million ADA funding proposal fails to pass. The proposal aims to support long-term research into post-quantum cryptography, zero-knowledge proofs, and scalability led by Input Output Global (IOG). Currently, the vote is failing significantly, with approximately 81% of active delegated representatives (dReps) opposing the measure, sparking a broader debate over governance transparency and the need for more accountable, auditable research milestones.

(Source:BeInCrypto)