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m₳tiwinnetou | C₳rdano F₳ns (CRF₳) Profile picture
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20 Oct, 4 tweets, 1 min read
In Catalyst I voted for many proposal but notably:
- Elm Integration with Plutus
- Plutus PAB Typescript SDK
- Maladex: Algorithmic Swaps Protocol (MALADEX)
- Maladex: Cardano Index Funds (MALADEX)
- Indigo: Synthetic Assets on Cardano
- Reach PoC
- Connecting delegators to SPOs
- Multisig For Building EVM Bridges (DC SPARK)
- Blockfrost PAB
- Multiverse - dApp Rollback Handler (DC SPARK)
- Cross-chain Asset Transfer Standard (DC SPARK)
- API for Multi-Delegation Portfolios
and many many more...
like ccwallet, nami, gamechanger wallet and again many many more

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m₳tiwinnetou | C₳rdano F₳ns (CRF₳) Profile picture
21 Oct
IMHO on such things depends price of ADA, 1$, 2$, 5$ or $32 or $100 in 5 - 10 years.

At the moment situation is very far from ideal.

In dire situation are especially pools run by 'builders'.

Most success have pools run by influences, early pool creators.
This not so simple because needles to say influences also contribute to the success because they often bring new users but balance should not be too much skewed.

This problem is recognized and some work is ongoing but much much more needs to be done.

Here what needs to happen:
1. Multi delegation portfolios [IOHK] + community including staking portfolios. @viperstakepool @CryptoJoe101 @PooltoolI @Stakeboard_
2. Education among friends, family that community builder pools are key
3. Support from IOG and Cardano Foundation (in progress)
Read 4 tweets
m₳tiwinnetou | C₳rdano F₳ns (CRF₳) Profile picture
18 Oct
Q: You mentioned CRFA is working on stakepool accounting software, this got me thinking, what is this?

A: We noticed that each epoch, month we have to do some actions that could be automated like sending % of revenue to charity, reserving ADA for our epoch lottery.
Q: So it will withdraw rewards for stake pool and credit this into account + cost and distribute profit based on pledge to pool owners?

A: YES! This is a bit of a mess to manage this, some profit is pledge based, some is stake pool based and its harder when you have more owners
Q: Ok but this is not so easy, sometimes utility bill for electricity or cloud is in USD not always in ADA

A: This is true but it is possible to convert also and we are working on automation for ADA payments, for some things it will work well as more and more ppl have ADA addr
Read 7 tweets
m₳tiwinnetou | C₳rdano F₳ns (CRF₳) Profile picture
16 Oct
I get asked a question why I am against MPOs (Multi Pool Operators).

Let me explain. It is a bit complex, they are not the worst in some cases albeit far from ideal.

It is all about added value.
I have been working as a Tech Lead now for years in rather large organisation. I have this position that somehow puts me in hierarchy higher. Over years however I noticed that ingenuity and many great ideas comes from people below my "level" and I felt this level things is stupid
In this sense ADA delegated to another stake pool could enable them to realize ideas I didn't even come across.

OK you could argue but as a multi SPO I could hire many people and we together would innovate on ideas and provide additional value to the Cardano ecosystem or?
Read 8 tweets
m₳tiwinnetou | C₳rdano F₳ns (CRF₳) Profile picture
15 Oct
What keeps CRFA busy?

- new page for Cardano Blockchain Insights based on data from @adapools_org -> adapools.org/groups, we will have soon a full historical backfil as well (!)

New page on datastudio.google.com/reporting/3136… will be visible soon.
- turning our crfa-token-app (sending community tokens plus sending epoch rewards) with extra capability of accounting software for SPOs, btw: @ccwalletio we need to catch up next week

Accounting software means it will withdraw staking rewards, distribute rewards based on pledge
to owners and pool revenue will be shared among pool owners minus internal treasury, minus costs, minus epoch rewards, minus utility bills.

income - costs = profit and then automatically send to wallets of owners and companies / entities (e.g. charity ADA wallet, sponsorships)
Read 5 tweets
m₳tiwinnetou | C₳rdano F₳ns (CRF₳) Profile picture
15 Oct
Added value can vary:
- podcasts / youtube - e.g. H4SH
- develops library, TANGO, NUTS, BLOXB
- creates tools for Cardano, e.g. EASY1
- organises meetups in local country, e.g. POA, HERMES
- translates content to a local language, e.g. SWIM
- takes more active role in project catalyst, e.g. FAY
- develops SPO tools, e.g. CLIO1, EASY1, ATADA, BSCH
- develops UI community tools: PEGA, LOVE
- creates wallet: TITAN
- maintains relay nodes in exotic locations, e.g. ADA
- creates interesting consumer products, e.g. MUSE

Please note that mentioned pools are only examples, I missed tons of pools which provide additional value in those categories (!).
Read 5 tweets
m₳tiwinnetou | C₳rdano F₳ns (CRF₳) Profile picture
7 Oct
In terms of decentralized (!) smart contract platforms there are only two routes ahead, nothing else:

1. Scale on L2 (Ethereum, Cardano)
2. Scale on L1 with on chain Archivers (e.g. Solana)

Both have trade-offs.
1.) L2 scaling is not easy (see zkRollups, Optimistic Rollups or Hydra Isomorphic State Channels + ext), worst part could be user experience L1 <>L2 since technically eventually it will be solved and I mean eventually.

Those chains that hide L2 complexity from the user have adv.
2. Archivers (Solana), this could work but but but it gets rid of inclusive accountability, it becomes very expensive to check up on work > x years, where x is changing, also Solana hardware requirements and node requirements are quite high.
Read 8 tweets

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