A sensation from the world of blockchain, and it's not about Bitcoin, where everything is as usual: one tweet from Elon Musk can either crash your savings or double them. It's about Cardano. The very network where eras change more often than presidents in Latin America.
So, EMURGO, one of the developers of Cardano, stated: “We will no longer delegate Genesis ADA to your DReps from the community. That's enough from them, let them play fair.”
At first glance, isn't it wonderful? Decentralization, democracy, fairness. Everything as in a brochure for investors. But let's look deeper.
Seven DReps and no legacy
Previously, EMURGO delegated its Genesis ADA not only to itself but also to a whole seven representatives from the community. Sounds nice: support for grassroots, people's voices. But, as it turned out, people started to whisper: “Isn't EMURGO wielding too much influence?”
