Charles Hoskinson, the creator of the Cardano network, has chosen to respond to the allegations against him after a member of the Cardano {ADA} community sent him an anonymous open letter on social media, strongly criticizing his public views.
Information about the open letter and Hawkinson’s response
The Cardano creator responded with a 30-minute message. Youtube video to an open letter questioning his alleged support for Dr. Jordan Peterson, Elon Musk and contingent participation.
the open letter was posted on redditwhere the OP reiterated that Cardano’s reputation was being tarnished by Hoskinson’s association with these people, who were seen as far-right icons, and leftists were disenchanted.
The letter also criticized the Cardano founder for his contingent stake philosophy, stating that by doing so, he was imposing it on the community at large.
The author stated that it would have been preferable for the CEO of Input Output Global to remain anonymous as Satoshi and mentioned that he and several other engineers are thinking of forking the chain.
Reacting to the author of the open letter and current politics in general, Hoskinson attacked them for categorizing people as either all good or all bad. The nuance of humans, she said, is evident.
The Cardano founder explicitly referred to Dr. Peterson and Musk, noting that despite their perceived flaws, they are accomplished people with great ideas.
In response to the accusation of pressuring the community to accept the concept of contingent participation, he emphasized that he had yet to present the concept as a proposal.
What is the problem?
To put things in perspective, contingent bet will let bet pool operators choose who delegates with the pool. The SPO must sign and delegate the staking transaction for it to trade. As it is, all a user needs to do to bet with a stake pool is to submit a transaction without the SPO’s involvement.
When the US Securities and Exchange Commission took action against Kraken for its staking service earlier this month, Hoskinson put forth this suggestion. In particular, some privacy activists in the community are against the notion because they believe its adoption will require know-your-customer procedures.
The Cardano founder refuted complaints that the implementation will result in a KYC regime on Cardano or remove private SPOs in a thread response to these concerns. But according to Hoskinson, such a choice would be advantageous for government agencies, academic institutions, and other institutions that must maintain regulatory compliance.
Hoskinson stressed in the video made public yesterday that it is still just an idea and will only be binding on the community if it receives government approval.
It is important to note that these discussions take place as the era of Voltaire governance, which is new to the Cardano network, is about to begin.
Hoskinson expressed optimism that the Voltaire plan and the constitution of the membership-based organization would help the Cardano community get it right by establishing institutions that ensure reasonable development standards.
However, if the network did not comply, Hoskinson says it would risk repeating the mistakes of contemporary politics, which he refers to as a “demagogic abomination.”
