It’s almost no surprise at this point that conflicts and disagreements have taken place in Cardano considering there are three separate entities who are running it. Cardano’s founder Charles Hoskinson is accusing the Cardano Foundation of being a hindrance that impedes them towards the progress of the project.
In an open letter and a video interview, Hoskinson has accused the foundation Chairman, Michael Parsons of laxity, nepotism and misappropriation of funds. He also asked the Cardano community to sign and support a petition that aims to throw out Parsons from his position.
In an effort to decentralize the administration of Cardano, the project was split into three self-directed organizations. With Hoskinson leading the IOHK which was tasked with software development, Emurgo on the incubation of ventures developed on Cardano’s infrastructure, while the Cardano Foundation led by Parsons keeps an eye on the ecosystem.
According to the letter by Hoskinson that was published recently, the splitting of organizations hasn’t exactly gone to plan. Furthermore, the letter also accused Parsons of “having a strangehold on the foundation and neglecting his duties.” Hoskinson states that he (Parsons) allegedly hired his friends and family regardless of their qualifications, one of whom is his son-in-law.
The letter also accused him of funds misappropriation which denied critical activities in the ecosystem the funding needed to run smoothly. On top of that, Parsons is also being accused of having “zero intercation with the Cardano community” while Hoskinson made himself available to the community regularly.
The aggrieved members of the Cardano community who collectively called themselves the “Guardians of Cardano” went on to start petition against the accused. Part of the petition reads:
If you are a believer in the Cardano Vision, an investor in the Cardano Venture, or if you simply believe, regardless of the loose regulation of the crypto space, that we still deserve crypto leaders to be accountable and to be brought to justice, then you should sign the petition to help us raise our voices and make Mr. Parsons take appropriate action.
Hoskinson followed this up with a video interview wherein he further called Parsons out as negligent and a “stumbling block” to the development of Cardano. According to Hoskinson, Emurgo which is led by Ken Kodama, and IOHK which he leads have had to take on the responsibilities of the foundation.
To further illustrate the intensity of negligence, he cited an instance wherein Cardona Foundation partnered up with the government of Ethiopia. The foundation was allegedly invited to Ethiopia but cancelled last minute.
Hoskinson has said that the Guardians of Cardano proposed that four new irreproachable new members should be appointed or elected to the foundation’s council. The alternative solution is for Parsons to resign.