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Home News

Cardano (ADA) Foundations’s Michael Parson Finally Resigns

July 2, 2021
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Cardano (ADA) Foundations’s Michael Parson Finally Resigns
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Per a public statement issued by the Foundation on its site,  Parsons has stepped down willingly and the change is effective immediately. It is no news that two of the most prominent figures of Cardano community, Charles Hoskinson and Emurgo CEO Ken Kodama did not approve of Parson’s administrative actions.

Hoskinson’s take

Soon after the announcement, the standing CEO of Hong Kong-based Input Output (IOHK), performed a Youtube livestream to explain the integrities of the situation. While he painted positive picture for the future of ADA and its ecosystem, he managed to put some shade on Parsons, as he put it “The Babylonian Captivity of Cardano Has Ended”

I’ll be going live in a few minutes for a community update: https://t.co/YocyipS0u9

— Charles Hoskinson (@IOHK_Charles) November 14, 2018

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