Cardano Foundation CEO Michael Parsons resigns after the public criticism from IOHK and Emurgo

2018-11-14 22:45

The Cardano Foundation today announced that Michael Parsons, Chairman of the Foundation Council of the Cardano Foundation, has resigned with immediate effect. Pascal Schmid, Council Member, will take over as Chairman of the Foundation Council on an interim basis.

Cardano Foundation was run by Michael Parsons and he was apparently not doing it too good, according to Charles Hoskinson and Ken Kodama.

Cardano is governed by a triplet of Cardano Foundation, IOHK and Emurgo. The chairmans of the latter two have come out with an open letter stating that Foundation is performing poorly and they would like to dissolve it and take over its role.

The long letter was addressed to the community around the crypto currency Cardano and was published by Charles Hoskinson, managing director of IOHK, via the social media. All three pillars were introduced for decentralization in order to place the decision-making in several hands. The Cardano Foundation’s area of responsibility was the acquisition of market participants’ rights, supervisory authorities, lobbying and public relations. In the opinion of the other side, IOHK and Emurgo, the Foundation has fulfilled its tasks extremely inadequately.

The public letter underlined that “the Foundation was indeed controlled by Mr. Parsons”, whereby this concentration on one individual had already ensured the opposite of decentralization since July 14, 2017. The consequence of Emurgo’s and IOHK’s lack of efficiency could be a break between the parties. This is at least the suggestion of the other parts at management level. Furthermore, many measures are to be taken to ensure a positive development of the ADA course in the future. For this purpose, Emurgo is to recruit suitable community members to actively participate in the design. According to the letter, the IOHK is also considering taking over employees from the Cardano Foundation.

Cardano is one of the so called Blockchain 3.0s – fast, modern blockchain that aims to solve all the current issues incumbent platforms like Ethereum and Bitcoin have. It is currently mostly theory, although a well researched and strongly grounded theory.

The post Cardano Foundation CEO Michael Parsons resigns after the public criticism from IOHK and Emurgo appeared first on CaptainAltcoin.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Intelligent Trading Foundation (ITT) на Currencies.ru

$ 0 (+1.88%)
Объем 24H $0
Изменеия 24h: 4.29 %, 7d: -9.97 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0215673 (-100%)

foundation cardano parsons michael council public chairman

Источник: captainaltcoin.com

foundation cardano → Результатов: 44


New faces at the Cardano foundation highlight the need for general strategy

The Cardano Foundation’s newest council member believes that improving communication with the Cardano community is the organization’s top priority. Tamara Haasen, IOHK’s chief of staff and one of the latest members to join the foundation, said time is of the essence in this industry and that the company needs to be able to communicate its […] The post New faces at the Cardano foundation highlight the need for general strategy appeared first on CryptoSlate.

2020-1-25 23:00


Cardano Foundation намерен развиваться дальше после ухода Парсонса

После пятимесячного затишья в ранее бездействующей учетной записи Cardano Foundation в Twitter было опубликовано объявление, в котором сказано, что в иерархии управления фонда имеются изменения. Об этом сообщил Чарльз Хоскинсон, один из разработчиков проектов Ethereum и Cardano.

2018-11-14 11:25


Фото:

Раскол в Cardano: основатель монеты и участники сообщества потребовали отставки главы Cardano Foundation

Среди разработчиков Cordano произошёл раскол — сообщество монеты и её основатель Чарльз Хоскинсон выступили против главы Cardano Foundation Майкла Парсонса. Они обвинили его в использовании проекта в своих интересах.

2018-10-18 12:45


Фото:

IOHK и Emurgo объявили о разрыве отношений с Cardano Foundation

Глава IOHK Чарльз Хоскинсон (Charles Hoskinson), который также является создателем Cardano, и CEO Emurgo Кен Кодама (Ken Kodama) объявили о разрыве отношений с Cardano Foundation. Причиной такого решения стала централизация управления организацией и невыполнение ею своих функций.

2018-10-14 15:30


Charles Hoskinson And Emurgo Assume Cardano Foundation Duties Following Project Break

On October 12, Cardano founder and chief executive officer of Input Output Hong Kong (IOHK) shared some major announcement on the future of Cardano Foundation. In a live stream video on YouTube and an open letter sent to the Cardano community, Hoskinson has announced that he and Emurgo will be breaking away with the Cardano […] The post Charles Hoskinson And Emurgo Assume Cardano Foundation Duties Following Project Break appeared first on ZyCrypto.

2018-10-14 23:47


Cardano Foundation осталось без двух ключевых партнеров. IOHK и Emurgo разрывают отношения

Глава компании IOHK Чарльз Хоскинсон и CEO Emurgo Кен Кодама опубликовали открытое письмо к сообществу, в котором сообщается о разрыве связей с Cardano Fondation. An Open Letter to the Cardano Community https://t.

2018-10-14 16:56


Blockchain Business in Crypto Valley Has Doubled Since Last Year: Report

The number of blockchain-related companies in Switzerland and Liechtenstein has doubled in the last year, according to a new study published by CV VC. The Zug-based firm, in partnership with Strategy& (PwC’s global consulting arm) and inacta, compiled information about the top 50 blockchain and digital asset companies between the two countries.

2018-10-11 00:18


Cardano (ADA) Hires FP Complete Blockchain Auditing Service For Haskell Libraries Software Examination

The Cardano Foundation has decided to employ the help of FP Complete, which is a blockchain auditing service. FP Complete will be auditing the software libraries for Cardano, which is one of the many ways that they are working to make their blockchain more transparent and trustworthy for users. From this point forward, there will […]

2018-8-8 12:10


Cardano [ADA] – Ouroboros protocol versions explained by IOHK’s Peter Gazi

On 26th July, IOHK published a video, in which Dr. Peter Gazi, a researcher of the foundation explains two specific versions of Ouroboros protocols and how they relate to each other. According to him, the first Ouroboros protocol was published in the year 2017, which is presently underlying the implementation of the Cardano network. However, soon other […]

2018-8-3 02:46


IOHK Launches Cardano Blockchain Smart Contract “IELE” Testnet

On July 30, 2018, the IOHK Foundation announced the launch of the second Cardano testnet, the IELE virtual machine (VM) smart contract update. Cardano “IELE” As published on their official website, developers can now experiment with smart contracts technology based on the Cardano blockchain and test it for bugs and other nuances which can be […] The post IOHK Launches Cardano Blockchain Smart Contract “IELE” Testnet appeared first on CryptoSlate.

2018-8-2 07:00


Cardano запускает вторую тестовую программу IELE

30 июля официальный твиттер Cardano Foundation объявил о запуске своей тестовой программы IELE. Объявление было сделано ровно через 2 месяца с момента запуска его первого Testnet под названием K-EVM, который позволяет разработчикам тестировать любой смарт-контракт работающий на виртуальной машине Ethereum [EVM].

2018-7-31 14:49


Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

What is 2020 Preparing for Cryptocurrencies?

Blockchain technology and cryptocurrencies have left us fascinated. Funnily enough, blockchain technology was once touted as a bubble bound to fail surviving the tryst of times. Not only has it survived, but finds its application in several fields of business, including the energy sector, the healthcare sector and tourism.

IOTA Use Cases Rapidly Expanding: Tangle To Solve World’s Waste Problem

The Biota team wants to use IOTA technology to tackle the waste problem. The Tangle will help develop a deposit system that rewards people for collecting plastic waste. IOTA technology for waste separation Decentralised technologies are not necessarily perceived by the public to be the best in terms of energy efficiency and CO2 emissions.

LocalBitcoins Trade Volume Hits Lowest Point Since 2017

At its highest point this year, the platform moved over USD 70,000,000 in one week. Increased personal data required by the platform could influence the decline. Bitcoin (BTC) trades through the LocalBitcoins platform have fallen to their lowest levels since August 2017.

Can The Blazing Fast EOS 2.0 Save Eos, The Token?

The crypto currency EOS is known to many crypto users as the longest ICO of all time. The EOSIO 2.0 update gives you the opportunity to take a closer look at the project and the latest changes. These are of particular interest as they make the network more powerful as well as making dApp developers’ […]The post Can The Blazing Fast EOS 2.0 Save Eos, The Token? appeared first on CaptainAltcoin.