MakerDAO CTO Departs, Points to Internal Conflicts
Cointelegraph
Published Apr 28, 2019 04:44PM ET
Updated Apr 28, 2019 05:02PM ET
MakerDAO CTO Departs, Points to Internal Conflicts
Andy Milenius, formerly the chief technology officer at MakerDAO, published an open letter dated April 3 explaining his concerns over the project’s internal conflicts. MakerDAO is the company behind the decentralized algorithmic Ethereum-based stablecoin DAI as well as the governance token Maker (MKR).
In his 24-page-long letter, Milenius describes a conflict between his ideas of equal workspace and democratization true to a Decentralized Autonomous Organization (DAO) and his fellow executives’ desire for a traditional corporate efficiency.
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Written By: Cointelegraph
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