Cardano founder Charles Hoskinson has expressed his concerns regarding the future of the network, claiming that the foundation research ecosystem behind the project is on the verge of being dismantled.
Hoskinson's warning comes after several Japanese Delegate Representatives (dReps) voted against a critical research funding proposal.
A "science coin"
Hoskinson directed a translated message to the Japanese community on X earlier today.
The rejection of the proposal would have catastrophic consequences for the network's academic and development operations, according to the crypto mogul.
"If this proposal does not pass, we want the entire Japanese community to fully recognize that Cardano will lose its scientists, and our lab will be forced to close," Hoskinson stated.
The Cardano founder specifically noted that it had taken an immense effort to develop the premier academic group.
"We cannot allow this achievement to be shattered and dismantled over some piecemeal funding support. Our scientists will simply leave for places that offer greater certainty and respect," he said.
One user noted that leadership cannot champion full decentralization and then start complaining about how the voting system works against their wishes.
However, Hoskinson is convinced that the funding rejection could cause serious harm to the network. Hence, he believes that it should not be framed as merely his personal grievance, given that the very identity of the project is currently under threat.
"This doesn't have anything to do with me. This has to do with destroying the entire core of our ecosystem," Hoskinson replied. "Cardano is the science coin. That's our brand. We spent hundreds of millions of dollars and a decade to earn the right to say that. You don't throw it away."
The Input Output CEO has asked network participants to delegate their tokens to dReps who explicitly support Cardano's long-term research agenda.
Dan Burgin
