Input Output, the development company behind Cardano, said it will begin transferring control of several key blockchain components to external specialist teams starting in August. The handover covers the Haskell node, the Plutus platform, the Daedalus wallet and other critical parts of the network, and is part of a decentralization plan that has been underway for years. Independent companies including Se7en Labs and Teragone will take responsibility for parts of the core infrastructure. Cardano will also keep at least three implementation versions maintained in Haskell, Rust and Go, with community oversight and formal specification governance. The report comes as Cardano faces weaker network activity and a sharp decline in the price of ADA. Founder Charles Hoskinson described the restructuring, along with broader setbacks in the ecosystem, as necessary "growing pains" on the way to full decentralization.
According to ChainCatcher, Input Output, the development company behind Cardano, will begin transferring control of key blockchain components to external specialist teams starting in August. The move covers the Haskell node, the Plutus platform, the Daedalus wallet and other critical components, and forms part of a decentralization plan that has been in progress for years.
Independent companies to take on core infrastructure work
Independent firms including Se7en Labs and Teragone will be responsible for parts of Cardano's core infrastructure.
Three implementation versions to remain in place
Cardano will maintain at least three implementation versions in Haskell, Rust and Go. Those versions will operate under community oversight and formal specification management.
Network activity and ADA price remain under pressure
The report said Cardano is currently dealing with weak network activity and a sharp drop in the price of ADA.
Hoskinson calls the changes growing pains
Founder Charles Hoskinson described the restructuring and related setbacks across the ecosystem as necessary "growing pains" in the process of moving toward full decentralization.
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