#CardanoDebate

A recent debate surrounding Cardano $ADA has sparked community discussions about decentralization and governance. Concerns were raised after claims that Cardano is “highly centralized,” citing that Input Output Global (IOG) holds five of the seven genesis keys. Cardano developers clarified that these keys only initiate protocol updates, while actual governance depends on stake pool operatorsa process set to become more decentralized with the upcoming Voltaire upgrade. Meanwhile, Binance has supported Cardano’s major updates, including the 2024 Chang hard fork, and has expanded ADA trading options. Talks about listing Cardano native tokens (CNTs) on Binance continue, though no official listing has been announced. The community remains divided, with some urging users to stake independently rather than through centralized exchanges like Binance