According to a news report from CoinWorld, Cardano founder Charles Hoskinson responded to the controversy surrounding the governance structure of the Cardano Foundation (CF), emphasizing the importance of decentralized principles and community oversight. The controversy originated from concerns raised by prominent Cardano community member Rick McCracken regarding 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 association with IOHK and Emurgo. However, Hoskinson stated that the use of the Cardano Foundation's $600 million ADA treasury does not directly represent the community. In his view, the foundation's lack of enthusiasm for funding projects like Catalyst could hinder the development of the ecosystem. This approach may lead to future sustainability issues for the ecosystem, especially considering that major contributors like IOHK work without proper incentives. Additionally, Hoskinson updated the governance plans for Cardano, highlighting the progress of the CIP-1694 proposal and the draft of the Cardano Constitution, aimed at advancing decentralized governance and enhancing the community's role in decision-making.