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Cardano Co-Founder Questions Bitcoin's Governance, Points to Development Limitations

2023-10-17 28 Dailymotion

Cardano Co-Founder Questions Bitcoin's Governance, Points to Development Limitations<br /><br />#Bitcoin #bitcoinnews #cryptonews<br /><br />In an interview yesterday, Cardano and Ethereum co-founder Charles Hoskinson expressed concerns over Bitcoin's governance model and its limitations in development. <br /><br />The discussion, hosted by crypto YouTuber Coin Bureau, offered insights into contrasting governance models between Cardano and Bitcoin.<br /><br />Cardano vs. Bitcoin: A Governance Comparison<br />The concept of governance in blockchain platforms is increasingly gaining attention as the industry matures. Governance mechanisms dictate how decisions are made and implemented within a blockchain ecosystem, directly impacting its adaptability and long-term viability. <br /><br />During the interview Hoskinson pointed out the approach to governance as a key differentiator between Cardano and Bitcoin.He remarked on Bitcoin's "inability to upgrade," stating, "Bitcoin's lack of governance has held it back in so many ways. [By drawing from successful governance systems] we can sort out a lot of the problems Bitcoin has had with its inability to upgrade."<br /><br />Hoskinson cited specific instances where Bitcoin's governance has led to missed developmental milestones

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