Input Output to hand control of key Cardano components to outside teams starting in August
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.
