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kDev Profile picture
kDev
@kdevpls
No comment on any financial instruments
Jun 6, 2022 • 7 tweets • 2 min read
I think almost everyone that cares about decentralization is already here.

When people ask about mass adoption, I think most fail to realize that a failure of centralization is necessary to illustrate the merits of decentralized infrastructure.

🧵 👇 Most retail users care more about simple UX and low fees, even if the system fails often. This is regularly on display in ecosystems with centralized supplies and validators.

Governments are clearly working toward greater control and surveillance of monetary systems.
Jun 4, 2022 • 12 tweets • 18 min read
So you're finally willing to explore #Cardano

I get why you have/had doubts, there's a lot of misinformation out there.

Thanks for coming around and reconsidering.

This community is unmatched; welcoming, intelligent and willing to help.

A thread to help you get started:
🧵 Let's start with the basics.

Proof of Stake and staking.

Cardano allows for safe, non-custodial staking. This means that you can hold your $ADA in your own wallet, w/ no locking mechanism, and delegate that to a stake pool of your choice to earn rewards (3-5% APY) every 5 days.