Charles Hoskinson, the co-founder of Cardano (ADA) and CEO of Input Output Global (IOG), has spoken out in response to criticism and concerns expressed by members of the Cardano community.
These concerns relate to the expansion of the platform and the inclusion of new projects in its ecosystem, particularly the Nami Wallet and the Midnight Blockchain.
In his statement, published a few moments ago on the social network, Hoskinson underlines the importance of these new projects for the development and adoption of the ADA network.
He highlighted that many talented individuals are contributing to the growth of the platform, and that IOG shares the mission of building and bringing new experiences and capabilities to the ecosystem.
Furthermore, he emphasized that IOG is no different from any other decentralized application (DApp) company in the business environment.
Hoskinson Expressed Frustration at Criticism Behind IOG’s Plans On Cardano
He specifically mentioned the Cardano Improvement Protocol 1694 (CIP 1694), which seeks to further decentralize the network and allow ADA holders to participate in decision-making.
Some critics had raised doubts about the possible centralization that this protocol could entail, to which Hoskinson responded that its objective is precisely the opposite.
The Nami Wallet, a well-liked non-custodial wallet for Cardano-based cryptocurrencies, will become part of the IOG product family. At the same time, the Midnight Blockchain aims to enhance data protection within the Cardano network, allowing for secure development of smart contracts and decentralized applications.
Many view these initiatives as beneficial steps in drawing in millions of users to the Cardano ecosystem.
Hoskinson concluded his statement by urging the community to focus on building, collaborating, and welcoming new positive developments.
His message is clear: if Cardano aspires to be number one, it is essential to put controversy aside and focus on growth and achieving goals. Cardano’s mission remains the same: advance and achieve success.
