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Daniel Ribar 🐣

@danny_cryptofay

May 31 • 10 tweets • 5 min read Twitter logo

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It's here! Well - almost.

#Cardano's #ProjectCatalyst Testnet is coming soon to computers near you. Here's a quick thread about it and what to expect next.

Come explore with me below and let's dive in.

🤿👇1/n

https://twitter.com/44847919/status/1643717610322706433

2/

Firstly, to re-orient, the Catalyst team started sharing the information about upcoming changes to tech stack within the context of Catalyst few weeks ago. Namely, ideas around Deployability and Auditability. You can catch the original thread here to catch up:

https://twitter.com/44847919/status/1643717610322706433

@SJCatalyst

3/

Which brings us an opportunity now to introduce the Catalyst Testnet from concept into reality. You can catch the entire video presentation delivered by @SJCatalyst , Catalyst lead architect, at Town Hall here:

youtube.com/live/CaKQAhnOK…

4/

Steve goes in a great interactive mode to explain how the testnet is going to be organized and which elements will interact which each other.

This is the high level diagram overview.

5/

The plan is to deploy 5 environments in such a way that allow the Catalyst team together with the community to test and iterate safely and predictably. Goal is then to start deploying features into a live production only after having community to test drive them first.

6/

Number of Catalyst Testnet elements are already in flight and team has started their first deployment and testing.

7/

And this is what's ahead of us yet to be tackled.

8/

Now picture this for a moment - what if you could run a local instance of Catalyst directly on the laptop? Would that be cool?

Well - perhaps soon.

9/

Happy to share that this is the current tentative timeline ahead of us in terms of what the Catalyst team is currently targeting for deployment.

Hope you're as excited as we are.

@SJCatalyst

10.

That's 'it' for now. 👀

To wrap up, we'd love you to come chat with me & @SJCatalyst , @michaelpmcnulty , @krissbaird & others already this Friday at 3:30PM UTC.

Let's be explore it further together.

Looking forward seeing/hearing you there.💛
🔗 twitter.com/i/spaces/1YqJD…

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More from @danny_cryptofay

Daniel Ribar 🐣

@danny_cryptofay

Feb 24, 2021

@ideascale

1/n

📢💨 #cardano $ada #projectcatalyst Town Hall:

👉 Keynote by Rob Hoehn, @ideascale CEO
👉 Catalyst is #1 decentralised innovation fund in the entire world
👉 Fund 3 voter reg deadline: March 3, 2021 @ 7PM UTC
👉 Fund 4 submissions now OPEN

🧵 Thread below 👇 @InputOutputHK

2/n

We're growing! 🌱

On our way to our 2021 stretch goals! 🚀

🥇 Undisputed #1 decentralised innovation fund in the world.

👉 Gitcoin round 8 = 2946
👉 Top 100 DAOs = ±1700
👉 Dash = ±1000
-----------
👉 ±5,700 wallets combined

vs. Catalyst = ±8,000 wallets reg. already

3/n

F4 Proposal Referral Incentive now 4x vs. F3 🤑

👉 $20,000 in total
👉 proposal referral form submission required
👉 split equally amongst all winning proposals proposals referrals
👉 help #cardano onboard amazing projects that you know of and get rewarded for it

Read 11 tweets

Daniel Ribar 🐣

@danny_cryptofay

Feb 21, 2021

@block_writer

1/n

In just very few days, we'll say hello to the latest #cardano family member, Mary. 👧

🤔 Still unsure what she's all about? Here's tweet based on @block_writer's take on this historic #ada event. 🚀

ℹ️ forum.cardano.org/t/the-impact-o…

#crypto $ada #wearegoingfornumber1

🧵Thread👇

2/n

💡 Once Mary is deployed, it will be the 1st time that users will be able to define their own CUSTOM tokens through the multi-asset ledger, adding a new layer of functionality & utility to the #Cardano blockchain.

3/n

Part of wider rollout of Goguen:

1⃣Allegra - token locking 🔒 (Dec'20)
2⃣Mary - user defined native assets 🪙 (Feb'21)
3⃣Alonzo - smart contracts 📝 (Q2'21)

Named after Mary Shelley, upgrade will be facilitated via Hard Fork Combinator (HFC) as a seamless transition.

Read 24 tweets

Daniel Ribar 🐣

@danny_cryptofay

Jan 19, 2021

@JeremyFirsterCF

1/n

🤓 There was a fantastic #cardano metadata workshop hosted by @JeremyFirsterCF, @benohanlon, Alan & Mel.

💡#Metadata is key part of the ongoing #Goguen release & is already running on the main net. 💪

Below is the recap of their conversations 👇 $ada #crypto #fintech #dev

2/n

What exactly is transaction metadata? 🤔

1⃣ Details on "The Transaction Story"
2⃣ User-specified information that is added & stored on the Cardano blockchain.
3⃣ Secure record of immutable and authentic on-chain data.

3/n

How is metadata generally used? 🤔

1⃣ Certification & validation of particular information
2⃣ "Tell the Story of a Transaction" - $ada transfers
3⃣ "Create a Story" that has a permanent record - standalone transaction for adding data

Read 25 tweets

Daniel Ribar 🐣

@danny_cryptofay

Jan 6, 2021

@InputOutputHK

1/n

📢💨 #cardano $ada Project Catalyst Fund 3 Town Hall #1:

👉 Fund 3 process is launching
👉 Goals & aspirations for 2021
👉 9 funds to be launched in every 6 weeks
👉 Fund 2 - updates pending

👇 All deets in thread below 👇 @InputOutputHK

2/n

🤝 Welcome To The Experiment 🤝

Things may:

👉 break
👉 lack documentation
👉 differ greatly between iterations
👉 disorient, overload, inspire

🎯 goal is to provide safe & lively environment for you to explore the highest potential of human collaboration.

3/n

Why to join? 🤔

Maybe...

👉 to interact with community members
👉 to build something impactful & meaningful
👉 to learn & grow
👉 to build your reputation
👉 to make living/supplement income
👉 to actively influence token price
👉 to make history together

...up to you

Read 21 tweets

Daniel Ribar 🐣

@danny_cryptofay

Jan 4, 2021

1/n

💡 Many warriors hastily linked #cardano & actions raised by SEC towards #ripple company.

Last week I took a liberty to clear up a bit of fud-mud. Here's an add-on. 💯

👉 This time, let's focus on #utility & #funding.

Thread #2 👇👇👇 #notafinancialadvice 👀

2/n

People often confuse #ripple with $xrp as both are not the same. Why? Confusing marketing at best.

$xrp is a token behind #ripple tech. That's where the first problem lies.

There are 3⃣ techs hidden behind the public veil:

👉 xCurrent (xC)
👉 xRapid (xR)
👉 xVia (xV).

3/n

1⃣xC 👉 send & receive cross-border payments. Similar to SWIFT but with end-to-end tracking & bidirectional messaging.

2⃣xR 👉 low-cost liquidity solution for emerging markets.

3⃣xV 👉 send int'l payments via a bank/payment provider that's connected to RippleNet.

Read 14 tweets

Daniel Ribar 🐣

@danny_cryptofay

Dec 30, 2020

1/n

📢💨

👉 Are you a #cardano $ada community member?
👉 Confused about recent #ripplelawsuit & SEC?
👉 Seeing a lot of fud around? 😱

Answered yes to above Qs? I got you. I'll tweet few 💎s.

💡 Spread the knowledge, not the fud.

Thread #1 👇👇👇 #notafinancialadvice 👀

2/n

💡 Who or what is SEC?

👉 "The mission of the SEC is to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. The SEC strives to promote a market environment that is worthy of the public's trust."

3/n

👉 The Securities And Exchange Commission (SEC) was created in 1934 to help restore investor confidence in the wake of the 1929 stock market crash.