The Cardano Foundation has issued a public clarification of its remit and recent decisions, answering a wave of community questions that followed Charles Hoskinson’s latest broadside against the organization. In a new forum post published on August 26, the Foundation outlines what it says are its day-to-day responsibilities for the network’s plumbing, its governance posture as a decentralized representative, and the legal provenance of its board—without naming Hoskinson or directly addressing his specific accusations.
Cardano Foundation Takes A Stand
At the heart of the Foundation’s message is the claim that its most consequential work is largely invisible to end users but foundational to exchanges and custodians. “The Cardano Foundation plays a critical ongoing role in the maintenance