Cardano Blockchain Reaches New Major Milestone Amid ADA Market Turmoil
Cardano is facing a governance challenge because a large majority of ADA holders (81% of active stake) are voting against a proposal to provide $32.9 million in funding for Input Output Global’s research team. The main reason for this opposition, led by Japanese representatives who manage ADA on behalf of others, is that they believe the proposal doesn’t have clear, measurable goals and a way to track progress.


