Cardano Roadmap Controversy: Hoskinson’s remarks spark community backlash!

Jakarta, Pintu News – Recent statements from Charles Hoskinson, founder of Cardano and CEO of Input Output Global (IOG), regarding the completion status of the Cardano project have sparked debate among the crypto community.

Hoskinson stated that all targets set since the project’s launch in 2015 had been achieved by the end of 2020, and since then, continued development has been carried out without financial compensation. However, this claim received mixed responses from ADA holders and industry observers who questioned the continuation of the project’s roadmap and funding.

Hoskinson’s Statement and Community Reaction

In a series of posts on the X platform and a live broadcast, Hoskinson confirmed that IOG had completed all of Cardano’s contractual milestones by the end of 2020. He added that since then, his team has been working without pay to develop next-generation upgrades such as Hydra and Leios.

Hoskinson also suggested that funding for further development be obtained through on-chain treasury votes. However, this statement sparked criticism from community members who felt that the project had not fully delivered on its promise of scalability.

Some users highlighted that features such as Basho, Leios, and Hydra have yet to be implemented on the mainnet. Questions have been raised about claims that the project is “finished” if key components are still not available.

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Funding Challenges and Development Models

Hoskinson criticized the community’s efforts to decentralize decision-making, especially the idea of holding competitive bids for development projects. He argues that this approach could disadvantage developers in areas with a high cost of living, such as Western countries.

Hoskinson also stated that IOG is not a company that operates on a “time and materials” model, but rather focuses on building cryptocurrencies. Furthermore, he expressed concerns that without adequate funding, IOG may be forced to move its development centers to lower-cost regions or reduce the number of employees.

This statement highlights the challenges of maintaining a balance between decentralization, development quality, and financial sustainability in blockchain projects like Cardano.

Implications for Cardano’s Future

This controversy reflects broader tensions within the Cardano ecosystem regarding the direction and management of the project. Debates over funding, governance, and the implementation of new features show that the transition from a founder-led roadmap to a more decentralized model has not been easy.

Although Hoskinson emphasizes that the project has achieved its initial goals, the community demands transparency and accountability in its further development. As one of the third-generation blockchain platforms, Cardano faces pressure to continuously innovate and meet the expectations of users and investors. Success in overcoming these challenges will determine Cardano’s position in the increasingly competitive cryptocurrency market.

Conclusion

Charles Hoskinson’s statement on the completion of the Cardano roadmap has opened an important discussion regarding the future direction and management of the project. Reactions from the community indicate the need for more open communication and a clear funding strategy to ensure the sustainability and growth of the platform. As part of the dynamic cryptocurrency ecosystem, Cardano needs to navigate these challenges wisely to maintain its relevance.

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Reference:

• Nellius Irene / Cryptopolitan. Charles Hoskinson triggers backlash over unfinished roadmap. Accessed April 25, 2025.
• Featured Image: Cryptoslate