Cardano will hand over control of its core software to an external team starting in August.
2026.07.18 00:36:34
Cardano developer Input Output will transfer control of key blockchain components—including Haskell nodes, the Plutus platform, and the Daedalus wallet—to external professional teams starting in August, as part of its multi-year decentralization initiative. Independent firms such as Se7en Labs and Teragone will oversee portions of the core infrastructure. At least three Cardano implementations will be maintained in Haskell, Rust, and Go, under community oversight and formal specification management. Cardano is currently grappling with weak network activity and a sharp drop in the ADA token’s price. Founder Charles Hoskinson framed the restructuring and ecosystem-related setbacks as necessary "growing pains" on the path to full decentralization.
Monday price preview for US and South Korean stock markets: SK Hynix is projected to open down approximately 3.8%, with most US stocks trading lower in pre-market hours.
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The number of signatures on the petition calling for Jensen Huang's return has surpassed the 150,000 mark, with well-known public figures including Elon Musk and Tom Lee having publicly expressed their support.
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