Charles gets too much hate. Cardano isn’t perfect but it’s a hell of a lot better than most other chains.
If you think Cardano is bad, look around. Outside a few niche areas the entire industry is wrecked.
BTC only pumped thanks to a madman leveraging his entire company to buy it. ETH didn’t break its previous ATH (even with multiple DATs buying it). SOL barely did. Could ADA have done better? Yes, but it could also have done worse.
Crypto has not had a great time recently. Scams, hacks, tech failures, security vulnerabilities, AI threats, and the looming quantum problem. Even true believers are beginning to question the future of the industry.
But blockchain’s potential to transform the world’s systems hasn’t gone away. If anything, it’s more needed than ever.
“Build fast and break things”. The Silicon Valley mindset has permeated the industry’s thinking. Blockchain is just a technology, right? But the result has been hacks to the tune of billions of dollars, chains that go down for hours at a time, and the centralisation of power.
What is the point of crypto if we’re just building a faster casino, or a playground for VCs to max extract from retail? Blockchain was supposed to be about changing the economic, social, and political systems of the world. It’s no wonder crypto is down bad. People no longer believe in its potential.
Cardano is one of the few projects that has stayed true to the original mission. It has been a slow process, but the result is a chain that is battled-tested. It is hard to find examples of other chains with comparable levels of security, reliability, and decentralisation.
Most other crypto projects would kill to be in our position. Not only do we have one of the most advanced chains, we also have an extremely passionate and engaged community. People who are dedicated to seeing Cardano succeed.
Charles is one of those people. The reality is Cardano wouldn’t exist without his efforts, and his vision and passion to make something great.
After three years of building for Cardano, today we have difficult news to share.
Most of you know and love SteelSwap for being the most advanced aggregator on Cardano with the cheapest fees. We have been in continuous operations and kept alive on conviction and love of the ecosystem.
Thus, we would like to announce that we are not going anywhere. Times are tough, but we are tougher.
Instead, we are doubling down. We are actively working on new products and features. Keep an eye out for the new things we are building.
Okay. For the sake of #Cardano and the overall situation, let's try something.
Since Charles blocked me he does not see my messages, so i NEED YOU, to do one thing please:
Tag Charles by creating a post with the message between START/END:
--- START ---
@IOHK_Charles, @HolgerCardano24 wants you to know the following:
I would like to invite you to a private 1-on-1 call with me. No BS, no fighting, no recordings - just two grown men having a constructive conversation for the sake of our ecosystem.
I will follow you for the next 24 hours. Unblock me, follow me back, and DM me. Then we can switch to another channel where we can talk privately.
It will be worth it. #Cardano is much bigger than both of us, and I sincerely hope you accept the offer to have an honest and constructive conversation.
Thanks!
--- END ---
Please EVERYONE create a post with that content.
Let's make it happen! Thank you!
@IntersectMBO I'll be voting NO on this until v1 is executed completely and treasury funds with integrations that are not yet achieveable, returned to the treasury. I encourage all DReps to ensure accountability remains in the hands of our delegates. Delegate to me if you support this.
Noticed most of the CC members have yet to cast votes on active Treasury Withdrawals on chain. Is it because of the large amounts of conflict of interest given we have CF, IO, Intersect employees all serving? Is it because they're waiting to see what the DReps support so they can be on the right side of history? Is it too much workload for an all-volunteer body?
Also wondering if we'll see anyone/entity bold enough to invoke Tenant 8 during this season of Treasury Rush: Cardano Edition...
TENET 8 The Cardano Blockchain shall not unreasonably spend resources.
@agustinenada I'll be voting no on any further pentad proposals until this is 100% delivered / funds are returned to the treasury for integrations that could not be delivered.
Two layers, one stack.
Fireblocks RAW signing + @IagonOfficial's Cardano nodes and Insights API now give approved customers an operational path for ADA and CNTs.
Team keeps shipping - today's Fireblocks × Cardano demo is proof.
I speak up because builders must protect the ecosystem we're building in.
You can build and care enough to be vocal. Both matter.
Governance voice ≠ Iagon strategy and execution
You can follow live block production on Cardano and see the stake pools closest to you as they mint blocks in real time.
It is a live visual display of decentralisation and resilience.
Cardano is operated by people across the world, from different backgrounds, jurisdictions, and communities. No single country defines it. No political boundary contains it. No central operator decides where block production happens.
It is borderless, permissionless, and politically neutral infrastructure.
That is what decentralisation looks like in practice.
https://t.co/p5o3amPqEn
Rust Node rollout is now live for Linux users (CLI).
As the next phase of the rollout goes live, Linux users can now access the updated CLI-based node release.
Key improvements include:
- stronger overall performance and stability
- lower memory usage
- more stable gRPC communication
- optimized benchmark measurements
- improved settings management
Check more details and instructions in the docs - https://t.co/IL9Lkrnpd7
if your drep voted no on Gerolamo, please make sure you fully understand what it is you contributed to denying us all.
without Gerolamo advancing, we will all now continue to be dependent on someone else's transaction submission service, among other dependencies.
Can we stop pretending everything is fine? Sometimes fixing problems also means having uncomfortable conversations, challenging bad incentives and refusing to normalize things that hurt the ecosystem long term.
There are many people in the ecosystem who privately understand the problems, but publicly stay silent because they fear backlash or being targeted by people with influence.
That is not healthy for any decentralized ecosystem
I guess this message is needed because I understand why some people are emotional right now. When someone with influence attacks a project, some panic and the current chart makes it look far worse than the underlying reality.
But Charles does not build Iagon. Charles does not control our enterprise pipeline. Charles does not control our revenue strategy. Charles does not control whether we ship, commercialize or deliver royalties to stakers - That responsibility is on us.
Our target market is not dependent on Cardano retail sentiment. We are focused on Web2, enterprise adoption, storage, compute, compliance and real commercial use cases. The Würth work is one example of that direction.
So people need to decide what they believe in - a temporary public argument or the fundamentals of what @IagonOfficial is building.
If holders let fear define the project, then yes, people with influence can damage any builder with a few posts. But if the community looks at execution, revenue, partnerships, product delivery and long-term adoption, then outside noise does not decide our future.
I cannot tell anyone what to do. Everyone has to make their own decision. But I can say this clearly - the team is still here, the work is still happening, announcements will come when ready and the best response to this situation is EXECUTION $IAG