Charles Hoskinson, founder of Cardano, announced that he is concerned about the future of the network. Hoskinson stated that the research ecosystem underlying the project is in danger of disintegration. This warning comes after representative delegates (dReps) in Japan voted against a critical research funding proposal.
Voting crisis in Japan grows
The proposal, which Japanese dReps rejected, directly concerns the academic and development activities of the network. Following the decision, Hoskinson published a special message to the Japanese Cardano community on the social media platform X. He emphasized that if the research funding is not approved, scientists at Cardano may be lost and laboratories will be closed.
“If this proposal does not pass, I want the entire Japanese community to know that Cardano will lose its scientists and our laboratory will have to close,” he said.
Cardano’s founder recalled that it took years of great effort to establish the leading academic group.
“Science coin” image is in danger
Hoskinson also responded to comments criticizing the leaders of the community, who stated that they attached great importance to decentralized management in the past, but now complained when they did not like the voting system. However, Hoskinson argued that this process is not just a personal matter, the identity of Cardano’s entire ecosystem is under threat.
“This isn’t about me here. This is about destroying the core of our entire ecosystem,” he said. He reminded that Cardano’s brand was defined as the “science coin” and that decades and hundreds of millions of dollars were invested to achieve this identity.
According to Hoskinson, a negative vote on the proposal could cause great harm. He underlined that if the funding is not approved, scientists and academic competence in Cardano may shift to different platforms.
Mini dictionary: dRep (Delegated Representative), the name given to the elected delegates within the Cardano network who collectively represent the votes of the community and have the right to vote in making important decisions. These individuals can “represent” the votes of individual token holders, thus providing a more effective governance model.
Appeal to the community and long-term funding support
Charles Hoskinson, known as the CEO of Input Output, invited Cardano network participants to vote for dReps supporting the funding proposal. Thus, it is aimed to maintain long-term research and development goals. Hoskinson also argued that short-term and fragmented supports would not be sufficient.
While many community members advocated for bearing the natural consequences of a full-fledged decentralization model, Hoskinson called on the community to take action to preserve Cardano’s scientific and innovative identity.
