Mark Byers

Passionate about helping communities self-actuate | co-founder of & Eastern Cardano Council | Be Curious, Be Caring

[Rick McCracken DIGI 🇺🇸 @RickMcCracken]

Great Cardano SPO Call today - Notes for June 4th

1. Van Rossem Hard Fork Preparations
- Things are looking GREEN for the hard fork
- node 11.0.1: SPOs need to upgrade now
- Pre-view cost model has worked, Pre-prod in progress
- Plutus Cost model is on main net: DReps and CC need to vote
- 72% of blocks on main net are now protocol v11
- Ogmios and Kupo are hard fork ready
- Hard fork proposal will go on main net after Pre-prod completes successfully
- Go / No Go in on June 15th

2. Ouroboros Leois
- DevNet is generating a large amount of simulated traffic for testing
- Working on improving the mempool to increase throughput
- @SundaeSwap is helping put transaction load on the DevNet
- High confidence track to deploy Leios to main net eventually, still working on establishing high criteria in security and liveness in preparation for main net.
- Need early involvement from community on TSC, Civics committees etc… alignment for eventual main net. Date TBD.
- Will take some time to get production ready for mainnet as it is a major protocol upgrade.
- Public SPO testnet will launch the last week of June

3. Ensurable Systems Intro @ensurablesys
Kevin Hammond - CEO
Phillip Kant, Tim Richmond, Duncan Couttes on the team
Supporting IO core development of the Cardano protocol, partner chains, security, stability, and growth.
Ouroboros Tachys, STAG Red Team.

4. Mithril - Terragone Factory @TeragoneFactory has been involved from the beginning and is still advancing the Mithril protocol as an IO partner.
Further developing SPO set up for Mithril providing Cardano state.
Working toward availability with IPFS.
Setting up an X space to discuss the future vision of Mithril TPD announced later today.

5. Post Quantum from IOR proposal is part of the IO Research. DReps sure to vote to get this approved.

CIP-50 and other ballots are on Ekklesia:
CIP-163 Time bound delegation discussion
CIP-23 Min margin: setting an initial value
SPO voting with Calidus Keys + DRep voting is in progress.

[Milton Friedman Quotes @MiltonFriedmanW]

Milton Friedman: “Keep your eye on one thing and one thing only: how much government is spending, because that’s the true tax.”

“If you’re not paying for it in the form of explicit taxes, you’re paying for it indirectly in the form of inflation or borrowing.”

[Melinda Richards 🇦🇺🇺🇸 @goodfoodgal]

Good morning!

As promised… posting every day until the whole of Australia has seen it.

Show your friends.
Share it round.
Watch it again.

Oh… and for the rest of the world? Have pity on us. It’s our Finance Minister.

[PALM Economy @palmeconomy]

What if Cardano became the backbone of global agriculture?

The 5am earth proposal could bring:

2M+ monthly active users
7–10M monthly transactions
Up to $1.2B in ecosystem contribution

All driven by real farmers, real commodities, and real agriculture workflows on Cardano.
This is what mainstream adoption looks like.

[Mark Byers @selfdrivenMark]

@adamKDean ❤️😂🌼

[Mark Byers @selfdrivenMark]

@IOHK_Charles @Cardano_Power Yes, but also think in the age of AI, human based summits become even more important, as much as they always have.

[Mark Byers @selfdrivenMark]

@RickMcCracken Market intelligence is always valuable 👍

[Mark Byers @selfdrivenMark]

@RobGreig3 Congrats! Epic achievement. 👍❤️

[Adam Dean @adamKDean]

The market (and current DRep levels of support for business development and marketing) certainly will purge them. Your response suggests you've never been to an IRL business event for the purpose of conducting business. More fruitful connections come from 15m in person than you will ever receive from dozens of hours in a zoom call.

This attitude will leave us surrounded by a technological cathedral built in the middle of an inhospitable desert with no roads leading to it. Sure, there will be the occasional urban explorer who makes the trek for engagement and curiosity, but the majority of people will drive on by, never realizing why there's even an off ramp out here in the middle of nowhere.

[Adam Dean @adamKDean]

@PaddyCTO The ecosystem is objectively NOT getting bigger because we're throwing all of our money at tech nice to haves without anyone interested in using it

[Mark Byers @selfdrivenMark]

@adamKDean @yeaookk @Cardano_CF 👍🇦🇺

[Adam Dean @adamKDean]

TBH, IDK. If I was sitting on $100M USD worth of reserves I certainly wouldn't be asking the community to foot the bill at bear market lows, even if the event truly cost $2M+, particularly not if I thought it would legitimately pump all our bags. Maybe a Treasury withdrawal to support sponsoring the builders and dApps to attend said event

[Adam Dean @adamKDean]

Idea for @Cardano_CF: I'm hearing/seeing that you already paid deposits on your space for the dates and times you told us the summit would be held, this year, in Singapore, around the time of Token 2049 (Oct 5-6 iirc). Do it. Charge for booths, get sponsors, charge for tickets. Provide sufficient proof of both spend, attendance, sponsorship, and at least some outcomes... Then ask us to reimburse you the difference. If a $1M USD/day event is truly worth it, then surely you are well capitalized enough to prove it to the community and get reimbursed on the backside, just like all FEs ask people attending conferences and events on their behalf to pay for their own airfare, hotels, and lodging and get reimbursed afterwards.

[Pete | Beware of Scammers @astroboysoup]

Our C4💥proposal explained.

I had a conversation with some dedicated Cardano peeps at a Meetup in London, hosted by @DiscoverCardano today, about the Cardano Content Creators Consortium proposal.

This is a recording & breakdown of the stream and presentation 👇

[Mark Byers @selfdrivenMark]

@adamKDean @CashAnvil @yeaookk @hoskytoken Yep, just referencing it in regard to my thinking. // I agree re the higher level concerns and how solve as community.

[Mark Byers @selfdrivenMark]

@adamKDean @CashAnvil @yeaookk @hoskytoken Wasn’t suggesting throwing out anything, I was just going off the Cardano Constitution as is now.

[Mark Byers @selfdrivenMark]

@adamKDean @CashAnvil @yeaookk @hoskytoken To me you’re decentralised/permissionless or not — someone or thing should not have their rights removed to vote with their ada, just because of where they are employed.

[Adam Dean @adamKDean]

We have nerds and scientists, gamblers and degens, business people and brokies. Of course, at times, our different priorities will come to loggerheads. Not everyone will see eye to eye, but in that tension lies our greatest strength. We are all in the Cardano community.

[Adam Dean @adamKDean]

We are Cardano. We are going to change the world.

[Mark Byers @selfdrivenMark]

@BitBlocks368 @IOHK_Charles ;-) ❤️

[Mark Byers @selfdrivenMark]

I think @IOHK_Charles' greatest achievement is not the technology or network(s).

It's the people he has connected by taking the time to articulate his vision through the whiteboard presentation. 🙏

Everything else is a bonus amidst the noise.