Very interesting to see the opposite of what people would expect with the Cardano governance drama... Instead of the people involved on both sides giving up, they seem to be doubling down on $ADA and its ecosystem... Smells like a decentralized governance system to me!!
JUST IN: The new U.S. crypto market structure bill does NOT classify decentralized “network tokens” as securities under federal securities laws.
The framework heavily favors:
• Decentralized governance
• Open-source infrastructure
• Non-custodial staking
• Distributed validator participation
Cardano checks every box.
I’ll say this again: $NIGHT adds more to Cardano’s ecosystem than people realize.
It doesn’t take away from Cardano.
It gives the ecosystem another lane to grow.
@IOHK_Charles@Filecoin If I read the comments on this platform (something I hardly do anymore) I instantly feel a sense of sadness over the demise of social media. It's currently dominated by a mix of bots, vitriolic individuals and those who refuse to take responsibility for their sad lives.
We ran an experiment on 2 UTXO chains, the results were incredible 👇
We’ve rewarded 50 Bitcoin users with $wDOG on Cardano.
Bitcoin users received a Bitcoin-native asset ($DOG on Bitcoin and $wDOG on Cardano) and used it without ever creating a Cardano wallet.
They could move it, swap it, sell it, or use it through Smart Accounts while only using their Bitcoin wallet.
This was a small test, but it showed something much bigger: interoperability gets real when users stop thinking about chains, wallets and fees, and simply use the assets they already have.
The vision is clear:
Bifrost brings Bitcoin assets to Cardano.
Smart Accounts remove the wallet barrier.
Babel Fees remove the fee barrier.
JUST TO PUT THINGS INTO PERSPECTIVE
-IOG requests $40M to build Cardano & we get to say yes/no while already delivering the most secure chain. No hacks/exploits, $0 lost.
-In Ethereum, Vitalik unilaterally sells $7M, $8M, $35M whenever decides with $10B in hacks & sell pressure.