Cardano hands core development to outside teams in decentralization push

According to CoinDesk, Cardano's developer Input Output is transitioning control of key components, such as the Haskell node and Plutus platform, to external teams as part of its decentralization strategy. This move, aimed at reducing reliance on Input Output, comes in response to the network's diminishing activity and a significant drop in the ADA token's value. The handover will commence in August and is expected to extend into 2027, with independent teams managing various aspects under community oversight. Read the full story at CoinDesk . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human writing — new writers keep 100% of tips and collects for their first 90 days.