Cardano founder Charles Hoskinson responded to the controversy surrounding the governance structure of the Cardano Foundation (CF), emphasizing the importance of decentralization principles and community oversight. The controversy originated from prominent Cardano community figure Rick McCracken's questioning of the foundation's leadership and transparency, arguing that there is a lack of effective community oversight. Charles Hoskinson pointed out that the foundation has no direct connection to IOHK and Emurgo, and that the utilization of the $600 million ADA treasury fund does not adequately represent community interests. Hoskinson criticized the foundation for not actively supporting project funding, which could impact ecosystem development. (CoinGape)