@TheUnpopularEL@DamionDutch i remember that $40k number from somewhere too. they're probably running on aws.
https://t.co/zN2LDX6gQ9
Wayup could put it on bare metal if they wanted, im sure they are scaling their infra for their other apps that way anyway
Dolos v1.1 is out 🚀
The goal of this release was simple: drive down the cost of running a Cardano backend.
Result: 3 GB of RAM. Indexed, queryable, live sync👇🧵
This is insane…
Pokemon card volume is going vertical right now.
This is extremely bullish for NFTs… Same collectable niche. Better tech. No fakes. No shipping.
When retail wakes up, the NFT market will explode overnight.
Position accordingly.
At Wayup, we always choose the path of humility.
We want to take this time to extend a heartfelt thank you to the @jpgstoreNFT team for all their contributions to Cardano NFTs.
Although we were competitors, we respect them for paving the way for Cardano NFTs including their open source smart contract and enforcement of royalties.
We look forward to being a main support system of Cardano NFTs and their infrastructure going forward.
The team behind Wayup is currently in the process of converting it to the Anvil API, which will provide some necessary UX updates. We are also working on putting the Wayup infrastructure into the Anvil API, making it free to use.
We are here to assist you all in this moment of transition. Please join our Discord with any questions.
Did you know that you can migrate all your assets to Wayup in a click of a button? Simply connect your wallet, go to your profile, Listings tab, and hit "Migrate All"
We look forward to an increased role in serving the Cardano community. Thank you for using Wayup.
**🚨🚨LAST WARNING🚨🚨**
If you still hold the old $Wojakblue token then this is your last 24h to swap it for $WJB
There is still 875m $WJB worth around 8.7k $Ada left to claim.
Check out the Wojaks discord for more details about swapping your old tokens.
"A man who is used to acting in one way never changes; he must come to ruin when the times, in changing, no longer are in harmony with his ways." - Niccolo Machiavelli
Midnight is live 🥳
Today marks the launch of the @MidnightNtwrk, a defining step forward in blockchain infrastructure and the realization of a fourth-generation architecture.
Rather than forcing a trade-off between transparency and privacy, Midnight allows both to coexist. Developers can build applications where user data remains private, while key conditions can still be proven on-chain, unlocking entirely new design space across financial products, identity systems, and decentralized applications.
Welcome to privacy by default, and disclosure by choice.
Read the full announcement, including details on the network’s phased rollout designed to ensure stability, security, and long-term resilience as the ecosystem expands: https://t.co/OTc7RRtVzq
@CashAnvil a lot more than anybody is willing to talk about. catalyst needs a lower budget, grants need a higher budget and more distribution across small teams/indie devs that get paid out based on milestones, and they need AI audits for past proposals to weed out grifters
Unpopular opinion: Cardano did not go down last week!
Most users were unable to use ADA for close to 14 hours due to third-party services shutting down
Yet, despite a chain split, it was still possible to transact
Therefore, ADA did not go "down", even if this was terrible: 🧵
This incident was almost as bad as it gets, yet no one lost funds & at worst were only delayed, as even the most basic blockchains are incredibly resilient!
All because human beings are a part of that machine:
Coordination Not Centralization:
Coordination among validators during a crisis is not centralization; it is people fighting to preserve the network they love. As they are a part of that system!
Blockchains are not mindless & autonomous machines; they are "cyborgs", as they are also made up of people
The ADA validator community came together to solve this problem. Exactly as BTC, ETH, SOL & countless other chains have also done during times of crisis
That does not imply that the chain in question is therefore centralized...
No Downtime:
I waited for the excellent post-mortem by @Quantumplation before commenting, so I suggest you read that if you are interested in the technical details. I realized straight away when reading it that I cannot, in all fairness, call this "downtime"
In large part, because I also did not consider the issues SOL was having at the start of the year due to QUIC networking issues to be a form of "downtime" either. If blocks are being produced & it is still possible for advanced users to submit TXs, then the chain is not "down"!
Consistency & Intellectual Honesty:
As a crypto researcher, I value consistency highly; it is one of the core aspects required for solid rationality & reasoning. You might think I am wrong about a bunch of things, but I am no hypocrite. Intellectual honesty matters & I am not in the business of peddling inaccuracies for the sake of views
In that vein, this was not "vibe coded" by a teenager either... The individual responsible is an ADA community member who is deeply regretful of his actions & he has apologized publicly
FBI Involvement:
The fact that Charles Hoskinson (ADA's founder) called the FBI on him is disgusting. If anything, they should give him a bug bounty... (I am being facetious here, as he did not disclose this responsibly)
Nonetheless, calling the authorities & possibly pressing charges for this absolutely goes against the crypto ethos. Which instead should value permissionless innovation & not make the actions of engineers exploring the technology illegal...
Humility:
I wish that some parts of the ADA community would get off their high horse about the reality of validator coordination & the unknown unknowns we inevitably encounter with experimental blockchain tech
I almost joined in on the ridicule to help drive that lesson home. I admit, I wish I could have said "ADA went down", purely for the poetic justice
Despite this incident arguably being worse from a user perspective than the chain going "down" & recovering in under an hr...
Given how some popular semantics are currently being used within the ADA community. The positive, humbling effect that would otherwise have been so healthy for the ADA community has been severely mitigated as a consequence of this "semantic propoganda game"
As the lesson here should have been: Humility! 🕊
Unfortunately, certain individuals have managed to spin that lesson in the opposite direction, framing it as a victory, when, in blockchain terms, this was still a disaster
One aspect of a truly decentralized blockchain is that you cannot decide who gets to be part of your chain, & that ultimately, it does not matter. So, we should also not read too much into the out-of-control egos of tribalistic individuals
Conclusion:
Validator coordination in response to a major bug is a normal aspect of how blockchains function
We can choose to live in a fantasy or in reality. We must understand what a blockchain is, not only what we want it to be:
The inevitability of bugs is a part of this; proportional to innovation & usage. The more innovative & novel a blockchain is, the more likely bugs will occur
The same is also true for usage, which can expose unknown unknowns that even the best engineers might not have considered
BTC had a considerably worse bug in 2010 that also resulted in a chain split. With one side maliciously printing billions of new BTC! Nothing like that happened here & BTC still survived. So ADA will be fine
I want ADA to succeed & I am grateful the bug was not worse & that no major losses occurred
Overall, ADA has a great community that values decentralization. The validators handled the crisis well, showing off their relative maturity
Blockchains are anti-fragile. That means this incident has only made ADA stronger in the process! 💪
Encrypted messaging, like @signalapp, is critical for preserving our digital privacy. Two important next steps for the space are (i) permissionless account creation and (ii) metadata privacy.
@session_app and @SimpleXChat are two messaging apps pushing these directions forward.
For this reason I've donated 128 ETH to each. Addresses available on their websites if you wish to follow on:
https://t.co/07ORUYDCu8
https://t.co/FQde3IK0uz
But also, actually download and use them!
Neither of the two are perfect pieces of software, they have a way to go to get to truly optimal user experience and security. Strong metadata privacy requires decentralization, decentralization is hard, users expecting multi-device support makes everything harder. Sybil / DoS resistance, both in the message routing network and on the user side (without forcing phone number dependence) adds further difficulty.
These problems need more eyes on them. I wish all teams working on these important problems best of luck.
This is my mental model:
if people choose to run a system that accepts arbitrary public messages, they are taking on the risk of what happens with any message they receive.
If they chose to run a permissioned system and force each user to acknowledge the session and liability, that’s a different story.
The former shouldn’t be regulated because it’s completely at will on both sides.
Ultimately it’s your call.
I am gonna go out on a limb and actually say this is pretty cool. Nakamoto style consensus without proof of work is extremely hard to build. The protocol functioned as designed in the presence of bugs.