Cardano Community Still At Odds Over Contingent Staking

Ever since Cardano founder Charles Hoskinson proposed the idea of Contingent Staking [CS], community members’ reactions were mixed.

Recently, Hoskinson again took to Twitter to slam critics over claims that the project has a “cult” following.

In response, Hoskinson argued that those who label the blockchain a cult are mistaken and that the ecosystem’s expansion is something to be proud of.

He also assured that Contingent staking is still an optional potential feature, which was also brought up, but it hasn’t even reached the Cardano Enhancement Proposal stage yet.

His remarks came after a tweet from Twitter user @wuffett_barren, who suggested that the @cardano_whale account would be a better representative for the community than Hoskinson himself.

Prior to that, the account detailed his reservations about adopting CS. According to him, this would lead to isolation from the ADA community, and a violation of L1 neutrality. 

The anonymous account also expressed disappointment at the response from some members of the Cardano community, who had attacked those with different views.

The prominent community members admitted that they might have been influenced by their own perceptions of what happened, but they also understood that Cardano is bigger than any one person.

As reported by TronWeekly, Hoskinson first outlined the proposal back on Feb 10 that as per him would meet regulatory requirements.

Cardano: Here’s Where The Debate Started

Under contingent staking, delegator and staking pool operator would both need to sign the transaction before it could be completed, he said, adding that the transaction certificate would be two-sided.

At the same time, contingent staking involves a separate procedure because the transaction would not be final until it had received the approval of the pool managers and the delegate. This line would give pool operators the chance to approve the delegation before it happens.

In a Twitter conversation, Hoskinson also covered the prospect of incorporating KYC support into the Cardano blockchain’s first layer.

Calvin Koepke, the lead engineer of SundaeSwap Labs, sparked a discussion with a tweet in which he stated that KYC support would be crucial for widespread adoption while Cardano supporter Alexander Monad highlighted worries about a hypothetical centralized system.


Lipika Deka: Lipika is a crypto-journalist at TWJ. A graduate in economics and finance, she has a keen interest in the political and socio-economic facets of blockchain technology and the cryptocurrency industry.