Cardano founder Charles Hoskinson said that an improved decentralized governance mechanism will prevent Cardano from becoming a “dictatorial blockchain” like Ethereum and will help avoid the “anarchy” of the Bitcoin network.
In an interview with Cointelegraph, Charles Hoskinson criticized Ethereum’s current governance model, explaining that it relies too heavily on co-founder Vitalik Buterin. According to Hoskinson, blockchain developers typically have a choice: keep the protocol simple like Bitcoin or “pick a king” to run things.
Cardano’s new governance model solves the “governance trilemma” of efficiency, effectiveness, and integrity through delegated representatives and a membership organization called Intersect, where complex governance issues are put to a vote. Decisions are made in a decentralized manner, as the opinions of all participants are taken into account.
Hoskinson believes that Buterin is largely responsible for changing Ethereum’s roadmap from one that was focused on optimizing the main chain using sharding to one that is now focused on rollups and layer-two solutions to improve network scalability. In recent months, Ethereum’s roadmap has come under fire for expanding the capabilities of layer-two networks as fee revenue and activity on layer-one networks have declined.
Buterin previously stated that Ethereum is capable of developing independently of his participation, since the network is already sufficiently developed and will not “stand still.” Recently, the co-founder of Ethereum spoke in favor of individual staking, which, in his opinion, can increase the security and decentralization of the blockchain.
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Source: Cryptocurrency

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