$ADA is taking another major step toward true decentralization. 🚀
Starting in August, Input Output (IOG) will gradually hand over development of Cardano's core infrastructure to independent teams. Key components like the Haskell node, Plutus smart contracts, and Daedalus wallet will be maintained by organizations including Se7en Labs and Teragon. Cardano is also encouraging multiple node implementations in Haskell, Rust, and Go, reducing reliance on a single developer. While ADA is currently experiencing weaker price action and lower on-chain activity, Charles Hoskinson views this as a necessary phase in Cardano's long-term evolution. A more decentralized development model could strengthen security, resilience, and innovation, positioning Cardano for sustainable growth as blockchain adoption continues to expand.
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