Cardano
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cross-posted from: https://infosec.pub/post/11158465 > The True Cost of Regulation
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cross-posted from: https://infosec.pub/post/10789406 > Charles Debunking some Hydra Misinformation
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cross-posted from: https://infosec.pub/post/10646351 > Voting and Identity
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cross-posted from: https://infosec.pub/post/9729859 >Daedalus Turbo
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cross-posted from: https://infosec.pub/post/9673488 > Metatransactions
cross-posted from: https://infosec.pub/post/8393730 > State of Cardano Q4 2023 > > Key Insights: > > - Cardano’s TVL increased 166% QoQ and 693% YoY. Cardano’s TVL ranking increased from 34th at the beginning of 2023 to 11th. > > - Cardano’s stablecoin value increased 37% QoQ and 673% YoY. iUSD remained the market cap leader, but alternative solutions such as USDM are approaching mainnet. > > - ADA’s price increased 127.2% QoQ, outpacing the overall crypto market’s increase of 53.8%. > > - The specifications for Midnight were released, such as the use of Substrate. Midnight is a data-protection-focused partner chain/sidechain. > > - Core infrastructure — such as SanchoNet, Hydra, and Mithril — continued development and testing.
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Today's rant about the backwards, fearful institutions that are throwing a wrench in the spokes of algo-stablecoin innovation.
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cross-posted from: https://infosec.pub/post/6367691 >> Join us for a year-end celebration on Essential Cardano 360! > > > > As 2023 comes to a close, we're taking a journey through some of the highlights that made this year truly remarkable for the Cardano ecosystem. > > > > From the groundbreaking research at IOG to the launch of transformative projects from an array of builders, Cardano has seen unprecedented growth and success throughout the year. We'll be revisiting key moments, acknowledging the contributions of the Cardano community, and highlighting the achievements that shaped the age of Voltaire. > > > > From Valentine Upgrade, Wanchain's launch of the first cross-chain bridge, and global CIP-1694 workshops to Rare Evo, Cardano Summit and recent Cardano Ballot - let’s relive it all. > > > > As we bid farewell to 2023, we're excited about what the future holds for Cardano. From governance advancements to technological developments, the journey continues. We extend our gratitude to the Cardano360 show viewers, contributors, and the entire Cardano community for your support. Wishing everyone happy holidays from the IOG team! 🎉 >
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cross-posted from: https://infosec.pub/post/5144121 >> “This is the first major milestone in a series of iterations that’s going to evolve and grow Midnight from testnet to mainnet. What’s really exciting is we are at a point that we can have a frank conversation about the development model of Midnight. This is just the beginning.” > > > > – Charles Hoskinson, CEO, IOG >
forum.cardano.org
cross-posted from: https://infosec.pub/post/3778718 >Discussions have started regarding extending lemmy's stack to serve our purposes for a decentralized, immutable, auditable forum for official governance discussion. > > I'd love it if everyone could chime in on this topic.
cross-posted from: https://infosec.pub/post/1264068 > From all technical points of view, the network works perfectly. > > I've attached some interesting graphs to prove it. More info: [https://cexplorer.io/](https://cexplorer.io/) > >  *block filling / capacity* > > > > > > >  *TPS progress and potential cap with same tx structure* > > *x-posted from [Reddit](https://old.reddit.com/r/cardano/comments/15m6mj1/cardano_works_perfectly_summary/).*
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cross-posted from: https://lemmy.world/post/2090565 > > In this very first episode of Mindplex Community Podcast, Dr. Mihaela Ulieru is joined by none other than Cardano's visionary founder, and CEO of IOG, Charles Hoskinson, to explore his dreams for the world, for Cardano, and for himself.
Could this be a potential instance operator stake pool tie-in?!?! That would be an excellent application for increasing the revenue of the instance operators and it would also force each instance to become more reliable. This prospect obviously excites me but I do remember a recent argument I read about the [Cobra Effect](https://en.wikipedia.org/wiki/Perverse_incentive). A game-theoretically designed voting reward/punishment system based on real-life rewards would have a massive effect on current dynamics of interaction. It would also help regular people earn money from creating decentralized community that is free from advertising influence.
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I saw a new community called !fucknfts@lemmy.world and I figured this video would be great to bring up now. As always, Hosky’s view on the nuances of tech is spot on.
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Video to Elon: How to Build Decentralized Twitter Using Doge and Cardano for Profit and Pleasure
www.lace.io
We’re super excited to announce all the shiny new features and improvements that come with our newest Lace release. Buckle up, as we have some big news! **Sending digital assets is easier than ever** This is the big one! Transferring digital assets to other wallets is now even easier with ADA Handle. And easy is good, right? Now, instead of typing the wallet’s address, you can just enter $ along with the handle name, e.g. $adalovelace. Users can even [personalize their handles](https://preview.handle.me/?utm_source=https%3A%2F%2Fwww.lace.io%2F&utm_medium=website&utm_campaign=ada-handle&utm_term=blog-post) and [mint](https://preview.adahandle.com/?utm_source=lace.io&utm_medium=website&utm_campaign=ada-handle&utm_term=blog-post) within the preview testing environment, so your wallet becomes even more you. **View your multi-address wallets** Get ready for another big one! As promised, we’ve found a way for you to be able to view and use multi-address HD wallets, like [Daedalus](https://daedaluswallet.io/), from within Lace. Look out for the one-time option to discover assets which will pop up when you restore a wallet in Lace. **Even more good stuff** We’re constantly looking for ways to make Lace as good as it possibly can be. Lace 1.3 is more responsive, so your browser view now adjusts to fit your screen size, enabling you to view Lace alongside other apps. And if you’re reading all this and yet to give Lace a go, what are you waiting for? There’s never been a better time to [try Lace](https://chrome.google.com/webstore/detail/lace/gafhhkghbfjjkeiendhlofajokpaflmk).
All major wallets that support voting will let you do this just by following the same steps as you normally do. Daedalus might not yet yet, but most lite wallets should be good to go. https://docs.projectcatalyst.io/catalyst-basics/how-to-register-as-a-voter/voting-registration-minimal-requirements
Currently im using eternl for tokens/smart contracts and yoroi for long term storage
Sunday Panorama for the #CardanoCommunity \[Documentary\] Cardano Developers Hackathon Stories \[Teaser\], Argentina 2022 [**https://youtu.be/\_MBtxc7e1L4**](https://youtu.be/_MBtxc7e1L4) via @YouTube Please check out the first two chapters and let us know what you think. The third one is coming soon :)! Part 1: [https://youtu.be/qkDhWJacW\_g](https://youtu.be/qkDhWJacW_g) Part 2: [https://youtu.be/riV\_TnHH8j8](https://youtu.be/riV_TnHH8j8)
Their Cardano wallet ([which I found here](https://join-lemmy.org/donate)) has the following crypto addresses: cardano: `addr1q858t89l2ym6xmrugjs0af9cslfwvnvsh2xxp6x4dcez7pf5tushkp4wl7zxfhm2djp6gq60dk4cmc7seaza5p3slx0sakjutm` bitcoin: `1Hefs7miXS5ff5Ck5xvmjKjXf5242KzRtK` ethereum: `0x400c96c96acbC6E7B3B43B1dc1BB446540a88A01` monero: `41taVyY6e1xApqKyMVDRVxJ76sPkfZhALLTjRvVKpaAh2pBd4wv9RgYj1tSPrx8wc6iE1uWUfjtQdTmTy2FGMeChGVKPQuV`
kbin.social
I went ahead and created [a third Cardano community on KBin just now](https://kbin.social/m/cardano). My reasoning: Some people gravitate to Kbin rather than Lemmy and I wanted to ensure that the Cardano name didn't fall into nefarious hands there. (True decentralization can be quite hard to achieve!) Until we get our own Cardano instance, I am going to stop at three quasi-official Cardano fediverse communities that I moderate. I hope there's no hard feelings or feelings that I am attempting to hijack the Cardano name. I have a demonstrably benevolent/honest presence in the Cardano community (on Reddit and Github) since around 2017. IMO, it should be exceptionally easy to validate/verify that my intentions are directly in line with the openness and decentralization of this amazing cryptocurrency project. If anyone has any issues with me being a moderator, please feel free to bring them up. Ps. I wonder if someone might teach me how to make each of these three communities clone their posts to eachother. Maybe it's not even possible yet. 🤷♂️
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CIP-1694 is a crucial step in Cardano's journey into the Age of Voltaire, defining the future on-chain governance mechanisms of the blockchain, and helping to create a self-sustaining system built on community contribution and consensus. But what does this actually mean? Join Matthias Benkort (Cardano Foundation) along with Addie Girouard, Jared Corduan, & Kevin Hammond (IOG) for an overview and discussion of CIP-1694. In this conversation, they discuss community-driven enhancements to the current governance scheme, the future roles and responsibilities of Delegate Representatives, the Constitutional Committee, and Stake Pool Operators, how to define and safeguard Cardano's guiding principles, and the tooling and governance processes needed to get there. Take a deeper dive into CIP-1694 and find out how it provides new tools to further facilitate decentralized governance that allows for even bigger changes in the future.
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Developing Cardano is no small feat. There is no other project that has ever been built to these parameters, combining peer reviewed cryptographic research with an implementation in highly secure Haskell code. This is not the copy and paste code seen in so many other blockchains. Instead, Cardano was designed with input from a large global team including leading experts and professors in the fields of computer programming languages, network design and cryptography.
[@cardano](https://lemmy.world/c/cardano) I created a [#Cardano](https://mastodon.social/tags/Cardano) community on Lemmy.world. Please join the community rather than crawling back to [#Reddit](https://mastodon.social/tags/Reddit).
I decided to recreate a Cardano community on this Lemmy instance. Hopefully, we can rebuild our community here and stand by the principles that Cardano is rooted in rather than crawling back to Reddit.
Cardano
!cardano@lemmy.worldWelcome to Cardano!
Cardano is a public blockchain platform. It is open-source and decentralized, with consensus achieved using proof of stake. It can facilitate peer-to-peer transactions with its internal cryptocurrency, ADA.
Cardano's development began in 2015, led by Ethereum co-founder Charles Hoskinson. The project is overseen and supervised by the Cardano Foundation based in Zug, Switzerland. When launched in 2017, it was the largest cryptocurrency to use a proof-of-stake blockchain, which is seen as a greener alternative to proof-of-work protocols. On this community you can learn more about the project, understand its great potential and engage in the worldwide Cardano community!
**Governance: ** Cardano is controlled by three entities:
Cardano Foundation: aims to standardize and promote the ecosystem (based in Switzerland). As of 2021, Frederik Gregaard is known to be the CEO of the Cardano Foundation.
IOHK: an engineering company responsible for building the Cardano blockchain.
Emurgo: responsible for commercial applications, based in Japan.
The platform is named after Italian mathematician Gerolamo Cardano, while the cryptocurrency itself is named after the English mathematician Ada Lovelace. The Ada sub-unit is the Lovelace; one Ada = 1,000,000 Lovelaces. Cardano differentiates itself from many other cryptocurrencies by focusing on scientific research and working together with universities.
Technical design:
Atypically, Cardano does not have a white paper. Instead, it uses design principles intended to overcome issues faced by earlier cryptocurrencies such as scalability, interoperability, and regulatory compliance. Cardano claims that it overcomes problems found in other cryptocurrencies: mainly that Bitcoin is too slow and inflexible, and that Ethereum is not safe or scalable. Like Bitcoin, Cardano uses a UTXO ledger model, though it is an extended version (EUTXO) to facilitate smart contracts and scripting languages.
Cardano uses a proof-of-stake (PoS) protocol named Ouroboros; this is in contrast to Bitcoin and Ethereum, which use proof-of-work protocols (though the latter switched over in 2022). Proof-of-stake blockchains use far less energy than proof-of-work chains. This is achieved by eliminating the computing resources that a proof of work algorithm requires. In February 2021, Hoskinson estimated the Cardano network used 6 GWh annually, less than 0.01% of the 110.53 TWh used by the Bitcoin network as calculated by the University of Cambridge.
Within the Cardano platform, Ada exists on the settlement layer. This layer is similar to Bitcoin and keeps track of transactions. The second layer is the computation layer and is designed to be similar to Ethereum, enabling smart contracts and applications to run on the platform.
The cryptocurrency Ada (ADA) can be stored on Cardano's native digital wallet named "Daedalus". The wallet downloads a full copy of the entire Cardano blockchain transaction history. Users face the risk of losing access to funds if the wallet's seed phrase is lost or stolen. The review in Investopedia highlighted the wallet's security and noted the lack of: mobile support, support for other tokens, and "onramp" to purchase assets with money.
Development phases of Cardano, or "eras", are named after notable figures in poetry and computer science: Byron, Shelley, Goguen, Basho and Voltaire. The first three stages implemented a basic blockchain, and then implemented decentralization and smart contracts. The Basho era focuses on scaling the blockchain. Voltaire, the final era, adds voting and treasury management functionality to the blockchain.
Once Voltaire is complete IOHK has said it plans to release the development of the network entirely to the community.
As with other proof-of-stake cryptocurrencies, Cardano offers "staking", which allows token holders to set-aside (delegate) tokens to potentially "validate" transactions on the same blockchain. The quantity of tokens staked corresponds with the likelihood of being chosen to validate a transaction, and thus be rewarded by the algorithm with more of the same token. Cardano's Daedalus wallet allows for staking. For Cardano, users participate in "staking pools" with other token-holders.