**Cardano’s Governance Overhaul: Aiming for Balance**

Cardano founder Charles Hoskinson recently discussed the blockchain’s new governance model, aiming to avoid the pitfalls of Bitcoin's "anarchy" and Ethereum's "dictatorship." Speaking at Token2049 in Singapore, Hoskinson criticized Ethereum’s reliance on co-founder Vitalik Buterin, arguing that Cardano’s approach ensures decentralized decision-making.

Key points:

- Cardano’s Voltaire-era governance uses delegated representatives and a members-based organization called Intersect.

- This model aims to balance efficiency, effectiveness, and integrity in governance.

- The recent Chang hard fork turned ADA into a governance token, empowering holders to vote on proposals and elect representatives.

- Hoskinson emphasized that Cardano’s system is designed to function independently of any single individual, including himself.

Cardano continues to refine its governance framework, working on a constitution to set clear limits on core issues.