Glen

A swimmer, an Islander, photographer, web entrepenuer. I travel and try to keep fit! Retweets are not always endorsements...

[Flightradar24 @flightradar24]

A 737 doing 91 kts ground speed on approach is not something you see everyday.

[James Melville 🚜 @JamesMelville]

If Keir Starmer had said before the election that he would remove the winter fuel allowance from millions of pensioners, betray WASPI women, add inheritance to family farms, council tax & energy price increases, raise university tuition fees, plaster mass-scale solar panels on thousands of acres of prime farmland despite huge local community objections, spaff £22bn of taxpayers’ money on carbon capture machines, give £3bn a year of taxpayers’ money to Ukraine, pledge a 20% cut in meat & dairy and get exposed for receiving over £100,000 worth of freebies - he almost certainly wouldn’t have won. He duped the electorate. An utterly shameless display of snake oil political salesmanship. And yet he still lectures all of us in that gratingly sanctimonious manner of his like we are all somehow the problem.

[killerwhale @adakillerwhale]

When ADA was $3, there wasn’t much there.

Today, we have an incredible array of dApps, wallets, and scaling solutions.

I’m going to take you through almost 3 years worth of history in this post, so make sure to follow, retweet, and bookmark this.

It all began with the introduction of smart contracts with the Alonzo hardfork, which allowed for developers to write scripts using Plutus, which was based on Haskell.

With this, we saw the rise of the very first dApps and projects on Cardano.

This includes Muesliswap as the first DEX, and Sundaeswap as the first AMM DEX. Later, we saw the rise of Minswap and Wingriders, which gained adoption quickly.

Various NFT Projects and exchanges also launched in a short period of time, with Berries by Ales being the first NFTs minted.

Notable projects from this time include Spacebudz, Clay Nation, DeadPxlz, Pavia, Cornucopias, and eventually Ape Society. Liqwid Finance, World Mobile, and Ardana were among the leading DeFi projects.

The issue was that the network was painfully inefficient at this time. The next key hardfork was Vasil, which allowed for reference inputs and scripts, increased throughput, and optimized Plutus with online Datums and Collateral Outputs.

TVL as this point began to see its first substantial rise, and newer platforms such as AADA (now known as LenFi) launched P2P lending. We also saw the rise of JPG Store as a clear leader in the NFT industry.

This was the first time the Cardano ecosystem saw parabolic growth, and hit record numbers all across the board. We saw the parabolic rise of many tokens, most notably LenFi, VYFI, the MILK ecosystem, and many more. Presales hit records in the tens of millions of ADA.

Volume saw a MAJOR increase due to the first memes on Cardano being extremely in demand, with SNEK paving the path for others to follow.

The largest contributors to TVL were Optim with bonds, Liqwid, Indigo with synthetic assets, and various DEXes. We saw the first real attempt at a stable with iUSD, iBTC, and iETH from Indigo. After this, Cardano came to a lull. Prices fell, and they fell hard. TVL stagnated completely. ADA hit ATL after ATL. iUSD depegged, and the ecosystem looked dead. No one was building.

It would take some time to recover. DexHunter later became Cardano’s first standalone DEX aggregator and quickly dominated the market, and heavily simplified trading.

The launch of protocols such as AXO, Splash, Minswap V2, Sundaeswap V3 allowed for capital effiency and speed when integrated with DH that rivaled EVM chains.

New wallets such as VESPR allowed for extremely good UX for mobile trading. The focus remained toward DeFi from NFTs, which suffered a slow death. Many projects decided to go cross-chain, if not leave completely.

That brought us to the rise of DePIN in Cardano, with IAG making tremendous steps for the industry, as well as price increases for its holders. SNEK began to rise again, with many products launching.

There was another memecoin season, though notably much smaller than the last, as we had many pumpfun spinoffs. NVL, TITAN, and DEDI are some of the flagship DePIN tokens in Cardano.

When looking forward, we are still waiting for a complete prediction market to launch. Butane is reworking synthetics, and many more projects are being built.

For a more complete summary, check my pinned tweet. There was one more historic achievement that I’ve yet to discuss.

Though Cardano saw many speed increases with the introduction of hydra, and eventually the switch to Aiken, there is not anything more fundamentally aligned with the true vision for crypto than the Chang Hardfork.

It made Cardano the first self-governing project ever, with dReps, the interim constitution, and access to a 1B+ ADA treasury.

Thanks, and make sure to drop a follow.

[Reform UK @reformparty_uk]

🚨 BREAKING NEWS 🚨

Reform UK has OVERTAKEN the Conservative Party membership.

We are now the real opposition.

[Charles Hoskinson @IOHK_Charles]

Is anyone working on a Kickstarter for the Cardano ecosystem? Something that will allow projects to crowdsource capital using CNTs and Ada?

[Elon Musk @elonmusk]

Very wise words

[Glen @BwAvFajja]

@ProfMarkMaslin 99% of scientists can still be wrong 😉

[Alpha Hosky @AlphaHosky]

@wallstreetbets $HOSKY

[Bull Street | a crypto hub @BullStGlobal]

🧠 BULLISH KNOWLEDGE
The ULTIMATE Cardano thread you've been waiting for—possibly the BEST one yet! 📝

Cardano's growth is skyrocketing along with interest in its ecosystem, providing DeFi, NFT, and trading opportunities like other leading chains.

Let's dive in 🧵👇

[Glen @BwAvFajja]

@AbiluTangwa

[Glen @BwAvFajja]

@julesserkin @bluebellrock @yeovalley Correct

[Glen @BwAvFajja]

@MTGrepp 0

[Charles Hoskinson @IOHK_Charles]

Given that the CF account was hacked, it's a good opportunity to re-visit a change X could make that would dramatically improve security for all users https://t.co/oaThTPI5wi

I will implement it for free @elonmusk. Just light the beacon

[Glen @BwAvFajja]

@morpheuswhale Done

[Politics UK @PolitlcsUK]

🚨 BREAKING: The petition calling for a general election has now reached 1 million signatures in less than a day

[Angry Crypto Show @angrycryptoshow]

#Cardano $ADA Founder Charles Hoskinson says "Midnight is built to augment all cryptos. It works with Ethereum, Solana, and we're negotiating with others. The goal is private smart contracts, decentralized for the entire ecosystem, but best on Cardano, and launched by Cardano."

[Glen @BwAvFajja]

@kris 100k incoming

[Kris @kris]

When Bitcoin hits $100,000 I will give 1 BTC to one person who follows me.

The rules are simple:
- like this tweet, follow me and RT
- comment “100k incoming”

Let’s go! $BTC #bitcoin

[Robinhood @RobinhoodApp]

Good morning. I’d just say morning, but we offer $SOL, $PEPE, $XRP, and $ADA now.