EddieJayonCrypto

 29 Aug 24

tl;dr

Charles Hoskinson has distanced himself from Emurgo, a founding entity of the Cardano blockchain, clarifying that he neither owns nor controls the company. Responding to complaints about Emurgo's services, Hoskinson emphasized his lack of ownership or oversight of the company and clarified that he w...

Charles Hoskinson has clarified his dissociation from Emurgo, a founding entity of the Cardano blockchain, emphasizing his independence from the company. Despite Emurgo's role in fostering blockchain development, Hoskinson neither owns nor controls the company and was not involved in its founding.

Hoskinson's response to complaints about Emurgo's services has sparked concerns within the blockchain community, with some perceiving his dissociation as a betrayal and reacting negatively.


Key Points:

  • Charles Hoskinson has dissociated himself from Emurgo.
  • EMURGO is a founding entity of the Cardano blockchain.
  • Ken Kodama founded Emurgo and functions as the company’s CEO.

In response to a user's complaint about Emurgo's services, Hoskinson clarified his lack of ownership or oversight of the company and emphasized his non-involvement in Emurgo’s founding. Emurgo's role is to facilitate the commercial adoption of Cardano, with Ken Kodama leading its global operations.

While there are no direct connections between Hoskinson and Emurgo, his response to the complaints has not been well-received by some members of the blockchain community, who perceive it as an act of betrayal.


Source: The information in this summary is based on recent social media posts and responses from Charles Hoskinson regarding his relationship with Emurgo, as well as the founding and operations of the company within the Cardano blockchain ecosystem.

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