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Cardano Founder Hoskinson Warns of Scientific Talent Loss After May 20 Vote Against Research Funding

GateNews

Project Progress

2026-05-21 21:42:51

ADA0.64%

According to Hoskinson's May 20 X post, Cardano founder Charles Hoskinson warned that delegated representatives in Japan voted against a major research funding proposal, risking the closure of his laboratory and the loss of core scientific talent. Hoskinson stated that "Cardano will lose its scientists, and our lab will be forced to close," emphasizing that the research group took years to build and would be difficult to replace if funding certainty disappears. The rejected proposal centered on Cardano's decentralized governance system, where delegate representatives vote on network spending and strategic direction.

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