⚡ Cardano Team's New Direction Clashes with Community Views
posted 14 Oct 2023
Cardano Foundation's recent tweaks in its delegation strategy, targeting improved operation and quality, have been rolled out.
Key Revisions:
Key Revisions:
- Delegation timelines have been stretched from three to twelve months.
- Fewer stake pools, designed to amplify rewards for the existing ones.
- The foundation's information is now the exclusive criteria for pool selection, sidelining other methods.
- Delegation gets barred if there's a self-imposed fee increment.
These modifications, especially the pool reduction, have been met with significant user pushback, fearing network centralization and bias towards large stakeholders.
Notably, these alterations contradict previous community calls for increased stake pools, signifying Cardano's deviation from user consensus.