Cardano is a popular Proof-of-Stake (PoS) crypto network. This project was developed & launched by Charles Hoskinson in 2017. Before the Cardano project, Hoskinson was one of the contributing developers in the Ethereum project, as a co-founder. Because of some disagreement with the core Ethereum co-founder Vitalik Buterin, Hoskinson left the Ethereum project to develop & launch his separate blockchain as a rival of Ethereum.
On 14 Dec 2024, A video clip was shared by Cardano enthusiasts, in which a Wyoming stablecoin project official called Cardano a non-decentralized blockchain network & also claimed that a company (IOG) runs it.