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Fireside Dev Hang: Building with Midnight Expert
https://t.co/0uyqQG1fgR @sabrinaliuuuu@LoLoCoding@aaronbassett
@ItsDave_ADA@Cardano for a more detailed explanation how it works please check this video (from min 25 onward) https://t.co/Vz0zozIXqO
and couple of other short videos:
https://t.co/9eSYH4AcpG
https://t.co/CLduD61lWm
Calling all DReps! Vote yes on https://t.co/MrFZQqC1lf
This one is free (it's a parameter change, not a treasury withdrawal), and it prepares us for the future once the HF proposal hits later this month.
Late at night last night, at the 3.5th node diversity workshop, I was able to get a Leios node working, connected to a private devnet, and submitting sundaeswap transactions. So far as @ch1bo_ knows, were the first people to execute smart contracts / a dApp on a real Leios testnet 😅
At the end of the day, this is a vanity milestone, but I'm always proud when Sundae is able to be on the bleeding edge in Cardano.
The private network is currently being pushed to 5 kilobytes worth of transactions per second, which is around 25 txs/s.
The testnet is just warming up: linear Leios is expected to do around 40x that throughout!
If you're curious, the main bottleneck right now is the mempool, which we had lots of interesting discussions about how to redesign to support the increased load of Leios.
All that is to say, Leios is very real, progressing fast, and very exciting.
Cardano Accelerator Program applications close this Friday.
This cohort is aimed at builders working on digital product passports, identity, traceability, AI and oracles.
Basically, real-world trust infrastructure.
If you’re building something practical on Cardano and want support, mentorship and ecosystem access, this is worth looking at before applications close.
*Not a paid promotion
Leios is getting closer.
The first public SPO testnet remains on track for June 2026, and progress this week was significant:
• Treasury funding approved by the Cardano community with 88% support
• CIP-0164 update reduced Leios block certificates from ~8 kB to ~200 bytes — around 40× smaller
• The reference implementation was successfully rebased onto the upcoming Dijkstra era
• Piranha, a new adversarial testing tool, is now live for protocol attack simulation
A lot of deep engineering work is coming together behind the scenes and the first public testnet is getting closer!
2/ Here’s what this partnership looks like in practice.
COB will set a global benchmark demonstrating how a national sporting body operates on a public blockchain.
The three-year roadmap covers four key areas:
• Identity and certification
• Fan engagement
• Equipment tracking
• Governance and transparency
We began with the first executive workshop last week, institutional pilots come next.
Real problems, solved in the open. And we’re just getting started.
Read the full announcement: https://t.co/FQm6XlWItx
To be fair, I got the pitch "direct from the horse's mouth" from @YoramBenzvi during BuidlerFest in Argentina, and then additional discussion and context with @udaisolanki during the OSS in MN. So, I have probably additional context/vision for how it plays out.
What I like and find different here is that there is NOT an attempt to be a vertically-integrated, all-in-one provider. Yes, there is the pilot program that @Elkconnect_web3 is already doing with baking satellite data into the L1 for farmers' fields. That's already approaching or exceeded 15k transactions so far iirc.
Essentially the Foundation (https://t.co/xmXfXwsDHf in this case) serves as a coordination for an entire ecosystem that can grow up around it, eventually with the idea to be self-sustaining similar to LF/IEEE/W3C/etc based on the feedback loop of successful businesses that profit from the data availability and shared standards that the Foundation stewards.
r.e. financial activity... If we look, historically, at all of the tokenization/RWA/traceability solutions (even those that are on-chain, etc right now). Many of them fail not due to bad intentions but overly high ambitions and lack of a proper support structure.
If I want to found a company that helps manufacturers record their manufacturing data on the blockchain, that's great, but how do we make that useful and adopted to downstream consumers like resellers and consumers? Do I need to go and try to sell it to the logistics company to provide tracking data/updates into the system and then to the resellers? No, that's too big of a problem for any small web3 startup to realize, so, the project ultimately ends up with limited scope and impact.
There is huge potential, particularly in the agriculture space and with emerging standards in both the US and Europe about certifiable proof of origin. But then it's not hard to see the future where a farmer can "build credit" by reporting their annual/historic crop yields on-chain, backed up by satellite data, so they can tokenize next year's harvest or carbon credits based on predicted yield based on historical performance which gives them true "credit" for the first time (potentially) and access to capital that would otherwise remain locked forever.
IDK... I just really think it could be meaningful and impactful and touch a lot of lives in addition to helping grow on-chain activity, users, etc.
Meet @andamio_io — Agri Entrepreneurs credential & reputation layer behind https://t.co/I3QwWpqAFK. 🎓⛓️
James Dunseith (Andamio co-founder & CEO) explains it perfectly:
"AEs and farmers earn proof of what they know and what they've done — credentials they own, that unlock access to credit, resources, and opportunity."
This is what Cardano was built for. 🌱
🗳️ Share this with your DRep:
→ One pager: https://t.co/N95lPUhM7d
→ Full proposal: https://t.co/HWQJ8GGigS
#Cardano #5amEarth
@andamio_teams@gimbalabs@jamesdunseith@ZengateGlobal@AiquantTech@YoramBenzvi
Thank you @Dori for taking the time to review the proposal and for providing a reason for your vote:
Here's is a short version reply and below a link to a doc. We appreciate your time reviewing it.
- Elk & HashPoint reputation: 5 years on Cardano, Fund 13 running at a loss through a 60% ADA drop but still with a success (20k farms mapped to so - 100k by August) — long-term commitment. We onboarded many companies to Cardano in the last years including FC Barcelona (some news soon), https://t.co/WWTR7I7lub (Nasdaq) and others.
- Demand is already paying: Syngenta Corp, Zengate & Seedstars are operational demand partners — not a pipeline. PepsiCo funds AE program today. Scaling number of verified farmers on-chain unlocks peer-to-peer lending, carbon credits, land registration & parametric insurance for the entire Cardano ecosystem.
- Supply side is not theoretical: @SyngentaFoundation India — 26,000 AEs, 2.6M farmers, growing 500k/year, scaling to tens of millions with IFC (world bank). Already running. We're bringing it onto Cardano rails.
- 10M ADA. 500k verified wallet-holding users. 6 Cardano stacks activated (DID · oracle · stablecoin · credentials · traceability · DeFi). Massive partners.
We provided more details in the doc as well as some questions related to Cardano adoption at the end
https://t.co/853JPNk2Zh
Thank you for you time and feedback.
🐳 Wallets with at least 1 million Cardano now collectively hold 25.11B $ADA, their highest amount since December, 2017. They are back up to 67.49% of the supply held, their highest level since July, 2020.
👍 When key stakeholders accumulate, this is generally a sign of confidence from the groups that are most deeply invested and have the most to gain/lose. As a long-term indicator, this is a bullish signal for those who can be patient enough to hold.
🧐 Track how Cardano’s millionaire wallets are behaving on a day-to-day basis here! https://t.co/iVoAujyRxy
Was asked a couple months the ago about an alternative option for a Cardano event in Singapore for token2049 by a few people in
Community.
I said I wouldn’t do one by asking for treasury funding.
Having an event at token2049 week is a highly targeted and expensive endeavour.
I did share details about the below option with an FE a while back.
It’s an amazing location and would be unforgettable for all Attendees.
Have provided an option below for one and two days but I would suggest one day tbh. (Reasoning at the bottom)
Attendees: (no minimum needed)
✅ Day Tickets $150per day
Sponsor packages:
Gold Package: ($5,000 one day/$7,500 two day)
✅ table top display
✅ 15min presentation on stage per day
✅ 10 tickets per day
Platinum package ($7,500 one day/$10,000 two day)
✅ table top display
✅ 30 min speaker slot per day
✅ 10 tickets per day
✅ branding around the venue
Partner package ($15,000 one day/ $25,000 two day)
✅ table top display
✅ 30 min speaker slot
✅Opening and closing speech
✅ 25 tickets per day
✅ branding around the venue
✅ branding on stage
Would need to raise around $90k minimum from the sponsor packages for a one day event and $135k for a two day event to cover the fixed costs and branding etc.. and the associated ticket costs for the sponsor packages.
✅ Cocktail evening reception sponsor package available also.
The likely spread of sponsorship packages taken if successful Would probably something like:
Sponsors:
1 partner
2 platinum
10 Gold
Sponsors would be able to buy extra tickets in bundles of 10 at the cost price of $1,500 each per day.
It’s literally the cost price per attendee, so if a founding entity or project wants to subsidise the cost of tickets for some they can buy the bundles and provide the reduced price to community or hand out for free.
I personally think one day is the better option in terms of the context of the token2049 week tbh.
Token is Wednesday/Thursday and for those coming, I think one day at a Cardano event and one day at another event elsewhere would help attendees appreciate the Cardano event more and open their eyes to what the competition are doing.
Because of the type of person coming to token, it is best served for the Founding entities, the financial platforms where investors can deposit liquidity and make a good return, platforms that will be open to cross chain activities and have a platform already and looking for investment.
The founding entities, Strike/Bodega/Surf/Fluid/Dano/Masumi/Palmyra/Iagon/Ascend/USDA and USDM etc to name a few, are the most likely to have an ROI at such an event.
There are many reasons why I have not and will not submit a treasury proposal for this event, even though I think it is the perfect option for those that can and will capitalise on token2049 this year. I feel that doing it outside of direct treasury funding is a better option.
But as a comparison, if it were treasury funded, as a one day event, the total cost including tickets for up to 1,000 attendees would be approx $250k and $390k for two days.
Anyway…
If there is enough interest from FEs, projects and community to do it, I am more than happy to.