Charles Hoskinson, the founder of Cardano, has criticized the Cardano Foundation's governance model, advocating for a transition to a membership-based organization (MBO) to enhance community oversight. Hoskinson believes this shift could address key ecosystem challenges, including better advocacy for developers and improved liquidity. He has also called for the foundation to relocate to a jurisdiction allowing community-elected board members. Tensions between Hoskinson and the foundation have been ongoing, with disagreements over resource management and the establishment of new entities like Pragma. Hoskinson emphasizes the need for the foundation to support community-led efforts rather than creating competing structures. #Cardano #ADA #Crypto #Governance #Community