Cardano (ADA) Founder Shuts Down CIP-1694 Governance FUD

• Charles Hoskinson addresses certain tweets about Cardano’s governance on Twitter.
• Hoskinson shares the concept behind the CIP-1694 governance mechanism.
• The price of ADA has risen over the past seven days.

The topic of governance has been hot in the Cardano (ADA) ecosystem lately. Many conversations have been taking place across Crypto Twitter around Cardano’s governance system and CIP-1694.

According to Charles Hoskinson, “materially untrue” skepticism has been on the rise. The Cardano and Input Output Global (IOG) founder has shared a video in response, addressing the CIP-1694 “drama and FUD.”

In the video, Hoskinson talks about the drama “floating over Twitter” surrounding Cardano’s governance and associated decision-making processes,...

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