Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Cardano Forum => Topic started by: sirty143 on October 14, 2018, 10:52:37 AM
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As titled: An Open Letter to the Cardano Community from IOHK and Emurgo – Charles Hoskinson [in lead of IOHK] and Ken Kodama [Emurgo] publicly pointed out the lack of performance coming from the third entity that forms the project: Cardano Foundation.
Cardano Project
For starters, Cardano [as a project] split up in three entities: IOHK [responsible for developing core protocols that compos Cardano], Emurgo [building partnerships with developers and instigating projects for the Cardano protocol around the world] and Cardano Foundation [to promote the Cardano protocol, to grow and inform our community and address the needs of the community. These are broad aims and cross demographics and borders].
The structure separated this way to make sure that if one entity fails to function it would not take down the whole crypto-project. See more for yourself here (https://ethereumworldnews.com/cardano-ada-co-founder-charles-hoskinson-dissatisfied-with-cardano-foundation-performance/).