Charles Hoskinson and Input Output Global (IOG) have decided to step down from Cardano's Interim Constitutional Committee (ICC) responsible for the network's evolving on-chain governance.
This decision by IOG marks a significant transition in Cardano's governance structure as the network moves towards full implementation of Voltaire, its decentralized governance era.
IOHK, the blockchain research and development firm, had joined the ICC during the Chang Hard Fork in August 2024 and will continue to fulfill its duties until the end of its term, encouraging competent community members to step up for election.
Hoskinson's departure signifies a shift towards community-led governance in Cardano, inviting new leaders and developers to play a pivotal role in shaping the blockchain's future as the project enters its next phase.