There are Zero token unlocks scheduled for $ADA
Hoskinson's Keys were Destroyed
Cardano is Not a Security
Leios can do 5 BPS
Cardano Transactions Never Fail
$ADA has a Hard capped Supply
Cardano can't be Turned Off
$ADA hit $3 without Smart Contracts or On Chain Governance
Cardano will Never Shutdown!📢
Did you know that Cardano has had No Security issues & has had 20,000% less downtime than the entire Top 10 combined? In Fact, NO Downtime at all because Real blockchains are ran by the people & are running 24/7 365!🥊
That's why I choose $ADA!🏆
Eta Carinae is a massive star system located in the Carina constellation, approximately 7,500 light-years away from Earth.
It is one of the most massive and luminous #stars known, with a mass estimated to be around 100 times that of the Sun. #space
#Cardano has a hard-capped supply of 45B ADA.
Changes to its monetary policy require approval from all three governance bodies. They must agree to initiate a hard fork. $ADA holders control the monetary policy that should also be protected by the Constitution.
Electromagnetism is one of the four fundamental forces of nature. It’s a remarkable interaction that occurs between any two charged particles.
Electromagnetism plays a crucial role in the Universe. It’s responsible for producing Earth’s magnetic field, which protects us from the harmful effects of solar wind and cosmic radiation, as well as providing direction for compasses and aiding in navigation.
It also contributes to many technologies, such as generators, transformers, and power distribution systems. It enables the transmission of radio signals, which is essential for communication technologies. Electromagnetic principles are also essential for the operation of electronic components such as transistors, capacitors, and inductors, which form the basis of modern computers. I wouldn’t be able to write this post without it.
Electromagnetism is extremely important in our daily lives and even more critical to our very existence. Thank you electromagnetism!
💻 "Leios is going to provide a dramatic increase in layer 1 performance. Complemented by rollups – coming to PlutusV3 – and Hydra, these things together will make for best in class for scalability." – @IOHK_Charles
🎓 Read the paper: https://t.co/mU98749N24
For those advocating burning the funds of the treasury, understand that the treasury isn't some pile of preprinted tokens that came for nowhere. It was aggregated from a tax on block production and transactions.
The entire treasury comes from people building blocks and economic activity. You are effectively stealing from every SPO and ada holder if you burn the treasury.
Messier 96 (M96) is a spiral galaxy located in the constellation Leo.
It is part of the Leo I Group of galaxies and is approximately 35 million light-years away from Earth.
M96 has a diameter of about 100,000 light-years.
#space#galaxies#astronomy
As a DRep, I firmly oppose burning ADA coins.
Some have suggested burning $ADA coins from the Treasury, but that would be a terrible mistake.
Approximately 3.3% of the total ADA supply is in the treasury.
Burning a small amount of these coins might have a short-term impact on ADA's price, but the long-term effect would be negligible.
Consider what we could achieve with 1.5 billion ADA.
We could launch several more Catalyst Funds, use ADA for liquidity in DeFi, accelerate the development of scalability technologies, fund the deployment of USDC and USDT on #Cardano, and even invest in marketing.
There are countless ways to spend this ADA to ensure Cardano's success. The worst thing we could do is destroy the very resource that can finance these initiatives.
ADA is a scarce resource, with a maximum supply of 45 billion coins. Like #Bitcoin, Cardano does not have infinite coin inflation.
Burned ADA will never re-enter circulation.
Apart from fees, the primary source of income for the treasury is the ADA in the reserve, which totals approximately 7.8 billion ADA. Of this amount, around 20%—or about 1.56 billion ADA—will be gradually transferred to the treasury.
The ADA in the treasury represents a financial value that can be transformed into other values beneficial to the ecosystem. We should view it as an opportunity to invest wisely in the ecosystem, ensuring some ADA is returned or that the value gained significantly contributes to our success.
We must never burn even a single ADA from the treasury.
If you share my views, you can delegate to my DRep ID:
drep1y2m0g4r66pyaw3p7u454wc0p4f0ygm8ueaev0mgd3tvwm7sskqwqp
The Helix Nebula, also known as NGC 7293, is one of the closest planetary nebulae to Earth, located approximately 650 light-years away in the constellation Aquarius.
It is often referred to as the "Eye of God" due to its appearance as a large eye.
#Space#Nebula
The TOP team has finalized the architecture design following the #AI#shard, which features a 4-layer structure. Throughout September, the team is focused on developing the Model Node Session. #progress
For more details, please see our latest report:
https://t.co/za9GzOX8Jv
NGC 6355 is a globular cluster located in the constellation Ophiuchus.
Globular clusters are dense collections of stars, typically containing hundreds of thousands to millions of stars, all bound together by gravity.
#space#stars
One of the deepest lessons I've taken to heart over the past decade is that becoming a public figure means you turn into a human rorschach test where those who don't like you will take any post or comment and assume the worst possible interpretation.
Working on Cardano this past decade has been a whirlwind of emotions, challenges, and tremendous obstacles to overcome. It's been a journey that not everyone completed, and watching friends fade, false starts, and ending up in a place unexpected, but not undesired, is hard to process.
I took a drive alone, which I rarely do since getting a security detail, and shared the moment with everyone. It was something I felt appropriate because so many of us went on this journey together and are also feeling so much that it is sometimes hard to express in words.
It gave me comfort seeing the comments from kindred spirits who got what I was saying. And I suppose I accept how fragile and damaged the other comments are. People in our industry are so used to scams, rug pulls, and evil founders that they can't comprehend an honest ecosystem or the best efforts of so many thousands of people.
It tells me that we have a very long road ahead to heal the damage and avarice. It also tells me a lot about where humanity is. We don't get to have moments to enjoy a pure accomplishment anymore.
What Cardano has done is one of the greatest technical achievements in human history:
A distributed system that runs in more than 100 countries, which has never shut down, without central coordination just seamlessly upgraded for millions of people who have never met each other to evolve into a decentralized nation complete with its own constitution. The audacity is absurd.
This dwarfs Bitcoin. It's unique, and books will be written about what has happened. Cardano is now a governance virus that is living, self- replicating, and self-sustaining. It has intelligence and a will to survive and grow. Nothing can shut it down. Nothing can stop its growth.
Where all of this could go is what I was thinking about while driving. We created something alive together. Now we all get to live in a world where it exists.