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Cardano founder warns network could lose its scientists in Input Output’s $46.8M funding vote fails

CryptoSlate
Cardano founder Charles Hoskinson warns that a failed $46.8 million treasury vote could trigger an exodus of top scientists and laboratory closures.

Summary

Cardano faces a critical impasse as a $46.8 million funding request from Input Output for its 2026 development cycle struggles to meet the required 67% voter approval. Founder Charles Hoskinson has warned that failing to secure these funds for maintenance, Layer 2 scalability, and academic research could lead to the loss of key scientific talent and the closure of the network's research laboratories. The situation highlights the challenges of Cardano's decentralized governance model, where critical infrastructure and research initiatives currently face widespread voter apathy and rejection.

(Source:CryptoSlate)