Cardano Developer Input Output to Hand Core Blockchain Components to Outside Teams Starting August

CoinDesk reported that Cardano developer Input Output is handing control of core blockchain infrastructure to outside teams, reducing the network's dependence on the company that built it.The handover covers Cardano's Haskell node, Plutus smart-contract platform, Daedalus wallet, Hydra scaling technology and developer relations. It will begin in August and continue into 2027.Specialist companies include Se7en Labs, which specializes in Solana infrastructure, and Teragone, which leads development of Mithril. The plan calls for independent teams to maintain at least three Cardano implementations in Haskell, Rust and Go, with community review and voting.Founder and CEO Charles Hoskinson said the last stage of the Voltaire era is full decentralization of node and reference blueprint development. Input Output will focus more on research through IO Labs and IO Ventures.The announcement comes as Cardano faces weak activity, with just $70 million in TVL compared to rivals like Tron and Solana with over $4 billion each. ADA was trading at about 16 cents, nearly 95% below its September 2021 record of $3.10.Hoskinson acknowledged the network has stopped expanding and said further setbacks would be part of its development, adding that bones have to be broken and failures must occur to build confidence in the system.