Special Announcement on the investigation of the Cardano Foundation

Rubbish. I take facts wherever I find them. I dont care if you are Charles or nobody. If this is just fear mongering sure lets look into it. But how do you know? With that said I agree on just stating facts with sources. Oh and by the way you might want to look into what Charles have said about audit reports contracted by CF recently.

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Just wanted to emphasise that! :hushed:

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Okay, I understand. Let’s just have the facts then. There is no good reason to state something without stating it except what I said. I love verified facts.

I disapprove of the button pushing to get a bad (or a good) response from the crowd. It’s knee jerk. Its destabilizing. It’s too much of a dog and pony show. I’d like to think we can be different.

I think maybe this is aimed not so much at the crowd as at some of the main actors.

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Yeah I understand. I am also not sure what to think of this. Could we be better?

Also I agree with you about sources. Since I posted that you should check more into Charles opinion it is only fair I post some source about this. This is a periscope video Charles made 24 days ago:

look 4:52 and onward about the recent audit report.
Then again I do not pretend to know Charles overall opinion. But it is an interesting piece in this debate as far as I can see.

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My guess is that the timer is there because there’s more going on behind the scenes and some people need time or need to be offered time to undertake some sort of action. The second timer is clearly still on hold, I would guess because it will depend on what happens after the first announcement.

Like @Katsumoto pointed out, I just hope that whoever is behind this won’t do anything that will harm the project as a whole. Guess we’ll just have to wait and see :man_shrugging:t3:

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2018-10-12 - Please see my followup post further down:

One of the many depressing things about this is seeing the counter number at the start of this thread:

29

I have not, nor will I contribute to this sort of marketing, and it is marketing.
All they need now is a series of time released videos to keep the audience coming back for more.

Where is the civility in this space? Most are juvenile, their actions appalling.

Actions like this, will not make the world a better place.

We can and should accept only the best, building a solid foundation that the world can safely stand on.

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Jotunn I agree and disagree at the same time. I think if it was me (I do have my own concerns in this matter but I prefer to post them when and IF I am sure of my facts and if I think myself they are serious enough and in the interest of the community) I would just have stated facts and let time work on my side. However given the speed in the crypto space you might need to quickly gain an audience and a majority for any group action in the community. It all depends on the message and what actions are required I guess. But yeah marketing thing not really working for me either.

But one thing I am starting to think more about that is more of a concern is if I like there is a guardian organisation or not. I am very much leaning toward heck no and let the treasury voting system / liquid democracy be all there is. We do not need a governance above and beyond this that cannot be criticized itself. But again I do not know what the message is going to be so lets just see what happens.

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I see no evidence of any aspiration towards governance yet. I’m hoping that will remain the case.

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We apologize for the timer, it serves an important purpose and it’s not there to play with your nerves.

Our anonymity is also essential and not chosen to be sensational.

You will understand both decisions soon and we ask for an additional day of patience.

We have been contacted by a few Lounge members and have been inspired by the various discussions happening in the Lounge about concerns regarding the Foundation.

We do however understand your scepticism and dislike as possibly having no exposure to these discussions.

We will count on your strong support and contribution tomorrow as we do expect the Community to drive the operation with maximum power we will uncover and make it ultimately succeed in the best interest of the Cardano Ecosystem.

We LOVE Cardano and we plan to stay around long to protect it. But we need you on our side, there is not other way.

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@bercinho, is the ā€œweā€ you man?

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Why should there be a ā€œsideā€? And to self anoint as ā€œGuardiansā€ speaks like you decide what is right and what is not. If this is truly for the community, it should be out in the open without the secrecy and is open for discussions without having to choose a side. This is not a ā€œyou are with us, or you are against usā€.

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I see you have a Master degree in Psychology (2010) & a Master degree in Law (2015), which explains why you are capable of this:

IF I am sure of my facts and if I think myself they are serious enough…

Not that we all need such schooling to act on what is happening here, I certainly do not.

As to whether Cardano needs a foundation, I too am skeptical especially in the light of not having any devs on board, given that:

"Cardano Foundation Objectives:

  • Driving adoption of Cardano.
  • Growing the Global Cardano Community.
  • Shape Legislation and Commercial Standards.
  • Ensuring stakeholder accountability.
  • Facilitating Partnerships.

We are committed to protecting and promoting Cardano and to advocating on behalf of the users and community of the protocol. We will work alongside Input Output HK (IOHK) who are contracted to design and build Cardano and Emurgo, the for-profit arm working to boost the Cardano ecosystem through commercial ventures."

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Yes this is a core in this matter potentially I think. The Cardano Foundation Objectives and laws the foundations is based upon and that guides its governance. For me it is also important if the foundation interact well with the two other pillars in the Cardano ecosystem (currently IOHK contracted as well as Emurgo).

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I don’t think anyone on here is opposed to objectively challenging the currently established management of Cardano but this just isn’t the right way to do it. It does not seem genuine nor does it seem helpful. It just gives the impression of a petty attempt at creating FUD and getting attention. I guess we’ll see.

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We apologize for the timer, it serves an important purpose and it’s not there to play with your nerves.

The timer exists for this:

You are implying that all the other ways have been exhausted, and now require the ecosystem to back you when you launch your message?

Do not misunderstand, I’m trying to glean why anyone should visit your grievance site once it launches.

Context is required as the map is never the territory, I hope you will provide that and more as the pulling of strings from behind a curtain leaves nothing but an effect, I need the cause to act.

Added 2018-10-12

Someone sent me the Guardians of Cardano letter, and this caught my attention:

We asked your community management staff on the Cardano Forum to let us speak with you via video chat, but unfortunately, we have not received any response in four weeks.

We asked your community management staff on the Cardano Forum to forward our concernsand questions to you, but, again, we haven’t received a response.

Having no way of reaching you directly, we are left with the option of a public letter.

Marketing aside, their Open Letter is worth reading.

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I hope you/we (whoever you are) have wisdom and that your words are purposeful and true. If it turns out true you needed to protect your own anonymity and you choose to post even so then that to me is courage. I have a quote for you from Elbert Hubbard ā€œDo nothing, say nothing, and be nothing, and you’ll never be criticized.ā€œ

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The post just explained the anonymity is essential, so even if it were him I’m sure he wouldn’t say so. :man_shrugging:t2:

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Now I’m thinking it’s not just him but you as well :slight_smile:

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I am fine with the concept of ā€œguardiansā€ but only if they are voted in through liquid democracy.

Not knowing their identity, their true motives and their capabilities to offer solutions makes me highly skeptical.

Plus: CF may be in talks with regulators at highest levels about critical aspects of the project. We lack this visibility, which makes us susceptible to erroneous conclusions or false connections.

I would urge everyone to just trust them and have some patience.

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