Cardano will transfer control of its core software to external teams starting in August

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BlockBeats news, July 18: Cardano development company Input Output will, starting in August, hand over control of key blockchain components such as Haskell nodes, the Plutus platform, and the Daedalus wallet to external professional teams, as part of a long-term plan to advance decentralization.

Independent companies such as Se7en Labs and Teragone will be responsible for parts of the core infrastructure. At least three Cardano implementation versions will be maintained in Haskell, Rust, and Go, and will be subject to community oversight and managed under formal specifications.

Cardano is currently dealing with weak network activity and a sharp decline in the ADA token price. Founder Charles Hoskinson defines this reorganization and ecosystem-related setbacks as necessary “growing pains” on the way to full decentralization.

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