Input Output will transfer control of the Haskell node, Plutus, Hydra and other components as founder Charles Hoskinson says the network must change and start growing again.
- Cardano developer Input Output will begin handing control of key blockchain components, including its Haskell node, Plutus platform and Daedalus wallet, to external specialist teams starting in August as part of a multi-year decentralization push.
- Independent companies such as Se7en Labs and Teragone will assume responsibility for parts of the core infrastructure, while at least three Cardano implementations in Haskell, Rust and Go will be maintained under community oversight and formal specifications.
- The shift comes as Cardano grapples with weak network activity and a steep drop in its ADA token price, with founder Charles Hoskinson framing the restructuring and broader ecosystem setbacks as necessary “growing pains” on the path to full decentralization.
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Crypto Flows, Share and the Selective Rotation
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Why it matters :
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
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