Discover and read the best of Twitter Threads about #CardanoCommunity

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CIP-1694 is a discussion proposal for the Cardano community about on-chain governance to shape a sustainable future for Cardano and bring another major upgrade to the network.

🧵Let’s dissect #CIP1694 and see what it means for Cardano ADA holders! Image
The Cardano blockchain has developed its ecosystem over the past several years, and now the focus is moving to Cardano’s decentralized governance policies to ensure its future sustainability.
As a decentralized blockchain, Cardano was meant to eventually be governed by its community including ADA holders, devs, SPOs, academics, and others.
Read 10 tweets
1/🧵🔐 Indigo Protocol Adaptive Quorum Biasing (AQB)

This feature strengthens Indigo's fair DAO Governance with flexible voting thresholds dependent on voter turnout. AQB ensures majority $INDY rule while deterring manipulation. Let's break it down.👇 #IndigoProtocol Image
2/🗳️💡In most voting systems, a proposal passes when yes votes outnumber the nos, past a static threshold. This is not ideal for long-term #Governance health, participation, and risks manipulation.

With AQB, the quorum (or the yes votes needed) shrinks as more $INDY is cast. Image
3/🧠If voter turnout is low, the #DAO will need a large amount of yes votes for a proposal to pass. If voter turnout is high, a smaller amount of yeses is required to pass the proposal on-chain.

But remember, over 50% $INDY yes votes are always needed for a proposal to pass.
Read 7 tweets
Building a portfolio that survives the bear market.

- Thread Time 🧵-

#axotrade #defi #cardano #ada #cardanocommunity $ada
1/ Intro

Bears are vicious creatures, you blink for a second, and they can rip away any gains you had with a single swipe.

In this thread, we'll discuss the three genres of assets and how to build a portfolio that can not only survive the bear market but thrive.
2/ Asset Genres

Whether you're talking about stocks, real estate, commodities, etc., they all broadly fall into three broad archetypes that denote their behavior within a complex system:

- Fragile
- Robust
- Antifragile
Read 13 tweets
The age of Voltaire is all about governance, fully unlocking the #CardanoCommunity's contributions to create a self-sustaining system.
CIP-1694 is a #Cardano Improvement Proposal, named after the birth year of the French enlightenment thinker. 🧵
1/6
It’s a key component of #Cardano's next generation of governance, now being designed and community co-created to deliver the on-chain mechanisms which will further empower democratic decision making across the ecosystem.
2/6
github.com/cardano-founda…
IOG, the @Cardano_CF & @emurgo_io recently co-hosted a workshop in Colorado to capture input and take full advantage of the #CardanoCommunity’s incredible hive mind 🧠
3/6
Read 8 tweets
With the release of the new node version 1.35.6.

#Cardano now supports Dynamic peer-to-peer (P2P) networking capability

This update brings a significant boost for the

Resilience & decentralization of #Cardano's networking layer

Why?

Let's dive in🧵👇
Decentralization is a core value driver for #Cardano

& there are 3 pillars to #Cardano's decentralization

• Networking

• Governance

• Block production

With this upgrade

#Cardano has now achieved complete decentralization of its networking layer

How? let's take a look👇
So what is a networking layer?

Cardano’s networking layer is a physical infrastructure,

that combines nodes and their interaction into a unified system

The network distributes information about transactions and block creation among all active nodes.
Read 33 tweets
.@KenricNelson (cc: @IOHK_Charles, @adamKDean)

I'd like to respond to this open letter. I was also very honored to participate in the #CIP1694 workshop.

I was thrilled to see Adam Dean engage with his usual flair, despite others on either side being FUDish at times.

🧵
2) But the point I want to drive home is that the time to move to Decentralized Governance is here, now.

We cannot wait for the ideal technology because governance is a messy business. We will never be perfect. We will always be trying to get it right.
3) If we look around at the current regulatory landscape, it's clear that protocols that are not sufficiently decentralized put developers at risk. Bitcoin is deemed to not be a security asset in part because the miners and the nodes can veto the developers. But I digress...
Read 18 tweets
How to tackle Cardano's governance.

- Thread Time 🧵-

#axotrade #cardano #cardanocommunity #ada $ada #defi
1/ Intro

Cardano is entering the age of Voltaire, the age of community governance.

This is going to be a critical development period, which will, in no small part, determine the future of the blockchain.

In this thread, we'll discuss the pitfalls and solutions to governance.
2/ 1st Principles

The problem that governance seeks to solve is what is termed in finance as the "principal-agent problem" (PAP), as in when stakeholders nominate someone to represent them, but they're unsure if the agent will act in the stakeholder's best interests or their own
Read 15 tweets
Hi #Cardano enthusiasts 🎙️

Don't miss out on today's ADA Digest - your source for the latest news and rumors from the #ADA ecosystem & Beyond. In case you missed something I am bringing highlights, so you stay in the loop and stay ahead of the curve. Join in! 🧵👇🏼
I know you already minted your tickets for the first film festival on Cardano #NFF2023 and now we getting updates on the event. Really excited about it @NucastIO

I hope you did not forget about CIP-1694 as it is still very much a thing in the #CardanoCommunity. @_KtorZ_ has a great thread about it - "(CIP1964) describes an approachable step that gets us closer to the ideal governance."

Read 26 tweets
Hi #Cardano enthusiasts 🎙️

Don't miss out on today's ADA Digest - your source for the latest news and rumors from the #ADA ecosystem & Beyond. In case you missed something I am bringing highlights, so you stay in the loop and stay ahead of the curve. Join in! 🧵👇🏼
Did you know that we are breaking ATHs in TVL in this brutal bear market - imagine what happens in a year or two 🤯@goofy_crisp gives us a glimpse

I should have put this at the beginning as it is one of the most anticipated project in Cardano. @MELD_Defi public testnet is live!!!

Read 27 tweets
Hi #Cardano enthusiasts 🎙️

Don't miss out on today's ADA Digest - your source for the latest news and rumors from the #ADA ecosystem & Beyond. In case you missed something I am bringing highlights, so you stay in the loop and stay ahead of the curve. Join in! 🧵👇🏼
@Cardano_CF is hosting a panel with an emphasis on Women of Cardano during #WomenHistoryMonth. Very nice and interesting - join us on March 8th

I don't know if you heard, but there is a new big project launched outside of our Island and it is causing a lot of mess on the NFTs market. It is a market aggregator and while it looks very nice and pro it received a lot of criticism @AaronSage

Read 24 tweets
Hi #Cardano enthusiasts 🎙️

Don't miss out on today's ADA Digest - your source for the latest news and rumors from the #ADA ecosystem & Beyond. In case you missed something I am bringing highlights, so you stay in the loop and stay ahead of the curve. Join in! 🧵👇🏼
1/ CIP-1694 is our main topic and looks like it will be for quite some time as Cardano is transitioning to it's most important phase. In order to learn more about it @CardanoPills has us covered
2/ @blueshiftfi has incentivised testnet for cross-chain DEX. With some other projects this proved to be very lucrative, so test it out and give your feedback

Read 24 tweets
Ponzinomics -

Or why most yield in blockchain assets is fake.

- Thread Time 🧵-

#axotrade #cardano #cardanocommunity #ada $ada #defi Image
1/ Intro

Blockchain projects have a problem where most business models could never work in the long run, or they're only sustainable with a HUGE volume of users

It's a chicken & egg problem, where you need users to have a good protocol, but you need a good protocol to get users
2/ Token Problem

The way most projects fund themselves is by issuing governance or access tokens, allowing you to affect and use the protocol in some way.

The issue is how do you incentivize early adopters into owning the token that won't have a use until much later, or ever?
Read 13 tweets
Hi #Cardano enthusiasts 🎙️

Don't miss out on today's ADA Digest - your source for the latest news and rumors from the #ADA ecosystem & Beyond. In case you missed something I am bringing highlights, so you stay in the loop and stay ahead of the curve. Join in! 🧵👇🏼
As security is most important I am sharing this warning first. Did not know we can get robbed from NFT's, but @HT__Moh has a thread that explains what to look out for. Must read

@MinswapDEX introduced a "verified" badge to help users choose genuine tokens. You know when you want to swap a token and there are like 3 with the same name? This helps

Read 28 tweets
Hi #Cardano enthusiasts 🎙️

Don't miss out on today's ADA Digest - your source for the latest news and rumors from the #ADA ecosystem & Beyond. In case you missed something I am bringing highlights of the day, so you stay in the loop and stay ahead of the curve. Join in! 🧵👇🏼
The biggest news of the day is of course debate space that was hosted by @BullishDumpling and @RichardMcCrackn. Everyone was there, including @IOHK_Charles who was 13 seconds late. You can listen to the recording

After all the talk about CS, we had also @CalvinsBrew sharing his thoughts about the most important part of the Cardano roadmap

Read 21 tweets
Hi everybody🎙️

Welcome to ADA Digest, a mega thread where every day I deliver news from the Cardano ecosystem - and beyond.

In case you missed something I am bringing highlights of the day 🧵👇🏼

#Cardano
First thing first - we had another hard fork event and no one is even talking about it. It was such a seamless upgrade. As a celebration @InputOutputHK updated the logo @cexplorer_io



So Valentine SECP upgrade - what is it and why is it important? Amazing @SoorajKSaju breaks it down for us

Read 35 tweets
Hi everybody🎙️

Welcome to ADA Digest, a mega thread where every day I deliver news from the Cardano ecosystem - and beyond.

In case you missed something I am bringing highlights of the day 🧵👇🏼

#ADA
News that shocked CT - SEC is about to ban crypto staking. @brian_armstrong posted a thread about the rumor and later we found out it might be only custodial staking

Later we found out that Kraken is being ordered to stop crypto staking. In case of Cardano - if all that #ADA goes to STO it is a win, right?

Read 27 tweets
Stay up to date!

To provide transparency regarding Catalyst funding, we will be sharing monthly updates on our Project Catalyst proposals and their progress. Our first update is here. 🧵

#Milkomeda
#CardanoCommunity
#Cardano

1/
🔥Solve Asset Fractionalization: Fund 9
When an asset is bridged to Milkomeda over different bridges, each bridge creates an alternate version of the same asset. Although representing the same thing, they can no longer be used together,e.g. combined in the same liquidity pool. /2
In this proposal, we have written smart contracts, called Canonical Smart Contracts, that solve the issue of fractionalized bridged assets by merging different versions of bridged assets into one canonical asset.

/3
Read 25 tweets
In collaboration with @cardanostiftung, an update proposal was submitted yesterday to upgrade the #Cardano pre-production environment to protocol v8, which will take effect on Saturday, February 11, 2023 at 00:00 UTC.
This upgrade will bring new cryptographic primitives to #Cardano, encouraging greater interoperability and secure cross-chain DApp development with #Plutus.
This environment will allow the community to continue final-stage integration/upgrade testing before the countdown to the SECP upgrade on mainnet on February 14, 2023.
Read 4 tweets
Another reason to fall in love with #Cardano

St.Valentine’s day is just around the corner, and so is the Valentine (aka SECP) upgrade.💙
This upgrade comes to Cardano to foster secure cross-chain DApp development with #Plutus, while advancing blockchain interoperability.

Read more about what the Valentine upgrade brings to #Cardano here: iohk.io/en/blog/posts/…
Tentatively set to go live on mainnet on February 14, 2023 at 21:44:51 UTC, Valentine functionality is planned to be available on the pre-production environment on Saturday, February 11, 2023 at 00:00 UTC.
Read 5 tweets
Hi everybody🎙️

Welcome to ADA Digest, a mega thread where every day I deliver news from the #Cardano ecosystem - and beyond.

In case you missed something I am bringing highlights of the day 🧵👇🏼
@InputOutputHK published amazing news -
#EVM sidechain proof of concept is now available. This might bring in new dev from #EVM world, but if not new amazing teams in our community will take over

Do you know about working groups of the #Cardano?

@InputOutputHK is calling everyone to join in. There are four categories and a place for you

Read 34 tweets
* Oracles
* We have developed a script that runs at any frequency to associate a Datum to an address
* We have found some restrictions: A Datum can write only integer information, but prices are floating. A conversion formula is needed.
* Exploration of MLabs libraries for contract testing. This will help us for a type of internal audit.

* Rebalancing current portfolio of Cardano Index
* AGIX valuation increased considerably
* Selling half to get profits and rebalance with other tokens
Read 8 tweets
Hi everybody🎙️

Welcome to ADA Digest - a mega thread where every day I deliver news from the #Cardano ecosystem and beyond.

In case you missed something I am bringing highlights of the day (wknd today actually)🧵👇🏼

#CryptoNews #CardanoADA
1/ @TeddySwap confirmed they will have yield farming since day one. Although some are saying Cardano doesn't have room for another DEX this one is doing everything right

2/ You definitely remember @MutantNFTs had problems a few weeks ago and it was because franked address attack. They fixed the problem, but we get something good from it - learning about it from @ElRaulito_cnft

Read 28 tweets
1/4 Hey @IOHK_Charles good Sunday! In the #CardanoCommunity we have amazing developers, and also many professionals from different careers and with diverse skills.
2/4 For example Dr Michael Liesenfelt @DrLiesenfelt is a PhD, Nuclear Engineering and has calculated the k-effective which is the “average resulting decentralization” or "effective decentralization" taking into account groups or entities of stake pools.
3/4 One group could be running multiple stake pools, which lowers the realistic, effective decentralization.

Have you read Dr Michael Liesenfelt's CIP-50?
Read 5 tweets
Hi everybody🎙️

Welcome to ADA Digest - a mega thread where every day I deliver news from the #Cardano ecosystem and beyond.

In case you missed something I am bringing highlights of the day 🧵👇🏼

#CryptoNews #Crypto
1/ The biggest news of the day - is @liqwidfinance launched. Lending and borrowing are now available on #Cardano which makes us #DeFi complete

2/ The best thing about it? @liqwidfinance staking validators are delegated to 16 SSPOs. This is what helps small pools. Can others think about doing the same?

Read 35 tweets

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