CandleFocus Cardano Founder Introduces 11 Tenets for Decentralized Blockchain Governance
2024-10-14
Author: Content Editor
Charles Hoskinson, founder of Cardano, has introduced a "Bill of Rights" for the Cardano blockchain ecosystem, outlining 11 tenets for governance, privacy, efficiency, and user protections. This move aims to establish a clear governance model that defines user rights and expectations. The 11 tenets include freedom from censorship, predictability in transaction costs, fair treatment of contributors, preservation of user value and data, efficient resource usage, user privacy, compliance with local regulations, decentralized governance, and transparency. Hoskinson's vision for a decentralized and fair blockchain ecosystem extends beyond Cardano to the broader blockchain industry.
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