Cardano Risks Losing Scientists Over Failed 32.9M ADA Proposal

Cardano founder Charles Hoskinson has warned that the blockchain could lose its scientists if a 32.9 million ADA research proposal fails, according to BeInCrypto. The proposal, which seeks funding for post-quantum cryptography, zero-knowledge proofs, and scalability work at Input Output Global (IOG) and partner universities, faces significant opposition. Currently, 81% of active dRep stake opposes the proposal, falling short of the 67% approval needed by Cardano's Voltaire constitution. Hoskinson urged ADA holders to delegate voting power to supportive dReps before the June 8 deadline.