Cosmos's first and second leaders have resigned successively: internal conflicts have intensified, leaving is the best solution

Source: Decrypt

Author: Adriana Hamacher

Compilation: Odaily Planet Daily Wang Ye

The core teams of many blockchain companies seem to be in an "unstable" state.

Following the departure of Cosmos founder Jae Kwon, Cosmos Second Leader and Core Developer Zaki Manian announced that he has resigned from all development and directorships at Cosmos last week, but will continue to contribute to Cosmos' code.

Manian is the core developer of Cosmos, mainly responsible for Cosmos development tasks and management of Tendermint, the development company behind Cosmos. Earlier, he spoke on the departure of Jae Kwon, accusing Kwon of intensifying internal conflicts due to poor management of the company.

Interestingly, a Cosmos insider revealed that Manian had threatened the team withdrawing from Cosmos development and taken away his engineering team unless Kwon resigned as CEO.

In a recent interview with Decrypt , Manian responded to this. He stated that he was very reluctant to accept Kwon's decision to resign from the CEO. He said, "Someone inside the company wants to stir up the relationship between me and Kwon, saying Threatening the position and interests of Kwon, and even other executives of the company , internal conflicts will inevitably affect the development of Cosmos. Now I can't think of a better solution to this problem than leaving the company. "

It seemed that Manian was helpless. The company's internal conflicts escalated, and only resignation came to an end.

Kwon declined to comment on Manian's departure.

At this point, the two core personnel of Cosmos have resigned their positions and titles at Cosmos. Although Kwon has retained his title at the ICF Foundation, most of his energy will be invested in the Cosmos ecological project Virgo (a group of people and organizations Open Society), Manian continues to contribute code to the Cosmos development process.

It's unclear how many developers have retired from Cosmos, and Manian declined to say how many employees followed him. We only know that as of early February, the Cosmos development team had 60 employees.

Although Manian often says that the community is "an ecosystem where multiple entities coexist, there are many ways to motivate everyone to work together." Today, Cosmos has clearly reached a situation where it is difficult to control, which has a far-reaching impact on project development and progress. Beyond Cosmos itself and his investors.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!


Was this article helpful?

93 out of 132 found this helpful

Discover more


Cardano’s Price: Falling Like a Tripped Bull

ADA's value drops as traders take profit amid steep rise and in anticipation of Federal Reserve's rate decision.


The Drama Behind Bitcoin ETF Approval: What You Need to Know

Although the spot Bitcoin ETF decision may potentially result in a sell the news situation, alternative cryptocurrenc...


Cardano (ADA) Poised for a Bullish Surge: Analysts Optimistic

Numerous analysts are highly optimistic about Cardano (ADA) and predict a potential bullish market surge in the near ...


Cardano Price Surges 8%: Here’s Why ADA Could Reach New Highs in 2024

In the past 24 hours, the Cardano price has experienced a significant increase of over 8% and is currently at $0.6202...


Cardano's ADA price is dropping towards $0.52. Is it time to buy the dip?

The value of Cardano (ADA) may decrease below $0.52 according to short-term forecasts, however long-term optimists re...


Cardano's DeFi Ecosystem Flourishes Total Value Surges to Almost $450M as ADA Rockets 17% on Layer 1 Push!

This week, the total value locked (TVL) of Cardano-based tokens skyrocketed to more than $440 million, surpassing the...