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Input Output Exits Cardano Leadership Ahead Of Elections

  • Input Output Global (IOG) will relinquish its seat on Cardano's Interim Constitutional Committee after community elections conclude this summer.
  • The company, which played a key role during the 2024 Chang hard-fork transition, will not stand for reelection but will continue to fulfill its mandate until its expiration.
  • The upcoming elections mark a shift in governance, with community candidates now competing on equal terms with founding entities to help govern the Cardano blockchain.
  • IOG's withdrawal from the committee does not impact its technical role in Cardano's open-source development, with the elections giving over 4 million ADA wallets a direct say in interpreting and enforcing the Cardano Constitution.

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