Othman

Former Physicist. Lead Data Scientist. Acc. for crypto stuff only : #ada #btc.
IAGnode operator.
Xer testnet node

[Othman @obenomar]

@JJCrypticCorner @LaPetiteADA Many sci-fi books have this componentin fact. like the Mars trilogy from Kim Stanley Robinson. But yes, looks like a scary future is ahead.

[Othman @obenomar]

@Sssebi I think it is an imaginary probability number.

[Othman @obenomar]

@Steviewildcards What? it is not a bird anymore?

[☯️Jon Kravetz @CSWAP_Destroy]

Yep Bitcoin DeFi is turning on...last Thursday.

You can stake your Bitcoin now and link in to your Cardano wallet.

You can start earning yield on Cardano with your Bitcoin starting July 25th.

Bitcoin DeFi is turning on....last Thursday.

Thanks CSWAP team.

[Michael Yagi @Larserthanlife]

Long time coming, but we just ran our first mainnet test 🦆500 transactions! 🦆

The game is still in alpha, beta is coming soon, and we’re just getting started.

The best part is players won’t need to know or care about the tech under the hood, but wanted to share somewhere

[Nico Cabrera @NicoCabrera92]

🚨 Hoy ha pasado algo que casi nadie está explicando bien, y conviene que lo entiendas porque dice mucho de hacia dónde va esto.

Se ha lanzado Open USD (OUSD), una nueva stablecoin. Pero lo importante no es "otra stablecoin más"... es QUIÉN está detrás.

Más de 140 empresas que normalmente se pelean a muerte entre sí, juntas en el mismo proyecto: Visa, Mastercard, American Express, BlackRock, Google, Samsung, Stripe, Coinbase... y sí, Ripple también.

¿Y por qué se juntan todos? Aquí está la jugada, y es brillante.

Hasta ahora el negocio de las stablecoins funcionaba así: tú le das tu dinero a Circle (los de USDC), ellos emiten el token, y con TU dinero compran deuda de EEUU y se quedan ellos casi todo el rendimiento. Dinero gratis para el emisor.

OUSD le da la vuelta a la tortilla: el rendimiento se reparte entre las empresas que participan. La stablecoin deja de ser el negocio y pasa a ser solo la tubería. Un estándar compartido en vez de un emisor que se lo queda todo.

¿Y a quién le sienta esto como una patada? A Circle.
Hoy mismo sus acciones cayeron casi un 16%.
Ni Circle, ni Tether, ni PayPal están invitados a la fiesta. Normal.

Y ahora fíjate en quién dirige esto, porque lo explica TODO. El CEO de Open Standard (la empresa detrás de OUSD) es Zach Abrams, cofundador de Bridge. ¿Y qué es Bridge? La infraestructura de stablecoins que Stripe compró por 1.100 millones de dólares en 2024.

O sea: esto es, en el fondo, una jugada del ecosistema Stripe.
Por eso de entrada OUSD NO sale en todas partes. Sale nativo en Solana desde el día uno (donde Bridge ya tiene toda la fontanería montada y rodada) y en Tempo, que es la propia blockchain de pagos de Stripe.

No es casualidad ni ideología: lanzan donde el equipo fundador ya tiene la infraestructura funcionando.

¿Y las demás cadenas? Aquí te aviso, porque he visto a medios soltar alegremente "sale en Solana, Stellar, Base y Polygon".

Cuidado: eso NO lo ha confirmado Open Standard. Lo único sólido es Solana + Tempo el día uno. El resto es especulación de periodistas mirando qué cadenas están entre los socios.

No te lo creas hasta que salga la documentación técnica.
Y la cosa no estará del todo operativa hasta más adelante en 2026 — no hay fecha firme todavía.

Ahora, la pregunta que de verdad importa para nosotros: ¿qué pinta Ripple ahí?

Y aquí te voy a ser sincero, sin venderte humo: Ripple está en la lista de socios, pero eso NO significa que OUSD vaya a funcionar sobre la XRP Ledger.
La XRPL es, como mucho, un riel más entre varios posibles.
Y el centro técnico de todo esto no es la XRPL... es Bridge + Tempo, o sea, Stripe. Ripple está en la periferia estratégica, no en el núcleo.
Ripple está jugando a estar sentada en TODAS las mesas que importan.
Es estrategia de cobertura: "yo me pongo en todos los raíles posibles y ya veremos cuáles ganan". Inteligente, pero hay que llamarlo por su nombre.

Y ojo al detalle que nadie te va a decir, porque no vende: aunque OUSD acabara corriendo sobre la XRPL, las transacciones ahí cuestan fracciones de céntimo. Eso quemaría un goteo ridículo de XRP.
Que la red se use NO significa automáticamente que el token suba.
Lo llevo diciendo tiempo: una cosa es la utilidad de la red, otra muy distinta que ese valor llegue al token.
Resumen para que te lo lleves claro:
✅ Bueno para Ripple como empresa/infraestructura (está en la mesa de los grandes).
⚠️ Neutro para el precio de XRP a corto (el mecanismo que conecta uso → precio sigue siendo flojo).
💥 Muy malo para Circle (le acaban de montar una coalición en contra).
🏗️ Y en el fondo, esto huele a Stripe: su CEO viene de Bridge, sale en su cadena Tempo, y el núcleo técnico es suyo.

Esto va de raíles, no de tokens. Y el que entienda esa diferencia, va a leer este mercado mucho mejor que el que solo mira el precio.

¿Qué opináis? ¿Ripple cubriéndose las espaldas o tiene una carta que aún no enseña? 👇

[Othman @obenomar]

I use only @liqwidfinance to lend stables. Why: because you have a very simple one click deposit / widthdraw operation. So no headache and no surprise. The rate is floating and not bad for stables 5 - 20%APY allowing good yearly returns.
I don't use other solutions based on pools because I felt it was overcomplicated when you basically have only a few minutes per day of free time to dedicate to crypto.

[Othman @obenomar]

Making Cardano an interconnected island with the surounding crypto environment.
We need more of this.

[alphagrowth @alphagrowth1]

1/11

Cardano DeFi is ready for prime time.

Today we’re introducing PRIME:

a 12-month AlphaGrowth-run program to help Cardano attract liquidity, deepen DeFi usage, and become a first-class destination for capital.

[PALM Economy @palmeconomy]

Urgent update for all Cardano DReps and community members!

With only 1 day and 13 hours remaining until the deadline we are in the absolute final stretch for the 5am earth proposal.

We are so close to the finish line and passing that 67 percent threshold.

Let us unite to bring 500,000 real smallholder farmers on chain and drive actual protocol utility.

Time is running out so please act now. Head to the link in the first comment to review the proposal and cast your YES vote today!

[Othman @obenomar]

@Justin_Bons @IOHK_Charles Do you own ADA? If not then...
well you should know what a honest person would do isn't it?

[Othman @obenomar]

@JaromirTesar Le Clergé, la Noblesse et le Tiers état. I feel we are in this era right now Cardano...

[Patrick Tobler @Padierfind]

Yesterday the maybe most unexpected moment of my professional career so far happened.

I was invited to the German Parliament to speak at a panel about Agent-To-Agent Payments using Blockchain.

An absolutely unreal moment.

The room was packed with politician & businesses. I spoke about our work with Masumi, the work with Serviceplan, how companies are hiring & selling agents on our agent marketplace today already and why we chose to build on Cardano.

Big shout-out and thanks to Bundesblock and Member of Parliament Marvin Schulz.

[Rafael Fraga @rafaelfraga_f]

It's not every day you see Cardano mentioned on the main @Olympics website 🤷‍♂️

https://t.co/uHoKXGLufU

[Dani Alves @sou_danialves]

Charles, try to stay calm. You're capable of much more than this. Social media can be ruthless. Ignore the attacks, and seek assistance in identifying which criticisms deserve genuine consideration.

Stay focused on being your best self. You created all of this! The community will support a composed, thoughtful, and centered approach. You are an important figure in the ecosystem—don't let yourself be dragged down by the negativity.

Ignore the haters—simply ignore them. Consider legitimate criticism, but seek help in filtering the noise from the feedback that truly matters. Delegating some of that triage could give you a chance to step back from the toxic environment and focus your energy where it can have the greatest impact.

[Othman @obenomar]

@TheMekon_Venus Leon, Lucy Besson

[Othman @obenomar]

@hoskytoken @coinbureau No it is Decentralisation
🐶

[Othman @obenomar]

@MuseumCommodore Basic.

[Othman @obenomar]

@jrv97_velazquez @shaggyrax This is a translation from japanese. The way of articulating things in japanese is different and AI can struggle to translate well.

[matiwinnetou @matiwinnetou]

Its very challenging on Cardano governance:

1. A lot of information is private to make decision
2. Public information is available but often not easy to find when one is rushed to review proposals (for free), e.g. past Catalyst Milestones. I see some soft scams, e.g. asking over and over again for the same thing
3. Some proposals are very intransparent or allegedly transparent with a lot of hidden costs but are very needed so temptation is: "shut up and give them money".
4. Some proposals are asking for things which 90% won't be used but sound cool and way too specialised without actual real demand to show for it (supply driven)
5. Some proposals are for important things but actually way too expensive, blown out of the proportion crazy expensive
6. Some proposals ask for the same thing that was already financed on Catalyst by the same team or other teams
7. Some proposals are hiding very high execution risk (which requires high technical expertise to assess it)
8. Some proposals promise revenue back to treasury without official loan agreements and in fact a full execution risk on the treasury
9. Some proposals are asking for something that is simply almost completely not needed now and they do not mention if there are customers waiting or lined up for it.
10. Some proposals are not interested in adoption of a solution but only financing of it. One may end up with amazing thing (even if it works) that nobody uses it because there is no promotion and there is no incentive to find clients for this (one is not paid for clients) but delivery of solution.
11. Some proposals have audacity to ask for V2, where NOBODY is using V1 version of the product, NOBODY.

Its a nightmare for an average dRep + Cardano Community. It all requires enormous expertise and very wide context + time. I would dare to say that dReps should form committes and "parties" and try to get access to private information and overall a wider context of the company / organisation and not only rely on repeated information on Twitter (super hard).

Even when I speak with experts smarter than me they often need to pull specific other domain experts to assess proposals.

On a positive note, if we pull it off we are unstoppable.

For me 70% proposals is REJECT, 30% ACCEPT at the moment. Yes that high.

#Cardano

[Othman @obenomar]

Meanwhile Cardano and other few select chains such as Wanchain have a hack count of 0...

[Coin Bureau @coinbureau]

🚨ALERT: THORCHAIN LIKELY HIT FOR $10 MILLION

Thorchain appears to have suffered a multi-chain exploit across Bitcoin, Ethereum, BSC, and Base, with losses over $10 million, as per ZachXBT.