The following is very much still in DRAFT mode which I may or may not edit further. Apologies in advance for any grammatial errors. Wrapping my head around all this is already far more work than I wished to do on this. Consider this an opening point of view for the community to debate around. Image source: https://uxplanet.org/complex-products-25b3793f8f49 I didn’t think I’d be writing another Cardano/Midnight blog post let alone within days of the prior one but here we are. This will be an analysis of the Big Pey interview with Charles Hoskinson, as it relates to Midnight. If you haven’t watc ..read more

With recent announcements around Midnight, is Cardano TVL going to go up in flames? It’s been a while since I’ve posted and to be honest I’ve largely moved on to AI. However I thought I’d put together my thoughts on Cardano and Midnight after Charles Hoskinsons presentation at the Cardnao Summit 2023. As I do not wish to to spend too long on this post, I shall document my views in a brief as way as possible. The Cardano blockchain severely needs a scalability solution to avoid it coming to a grinding slow-down any time there is a whiff of demand. However it’s scalability solution is still in ..read more

This recent post by a Google engineer talking about how open source communities can out innivate closed source efforts has parallels with the Cardano ecosystem. https://www.semianalysis.com/p/google-we-have-no-moat-and-neither We’ve seen how the community has developed a better alternative to Plutus for a smidgen of the time and cost that Plutus has been under development. We’ve seen how wallets came out far faster and with more features than Lace. We’ve seen DC Spark release a slew of innovative tools. This leads to the fact that the more Cardano can empower its community to build, and the l ..read more

Photo by Ketut Subiyanto on Pexels.com There has been an incredible amount of chatter within the Cardano community about pros and cons of contingent staking. Here I attempt to go through every single argument in an attempt to make sense of it all. I won’t attribute all the points back to each source but I will list the sources I relied upon at the end. If you wish submit bullet points then please state which question and which side of the debate you are submitting it for. Q1. What should be Cardano’s primary objective? View 1: To be an open, decentralised, permissionless, and censorship resis ..read more

Photo by Monstera on Pexels.com This is my first post that was co-written by Chat-GPT. I’ve marked with an asterisk sections that were largely AI generated with some editing by me. Interested in hearing what people think! Want to stop scammers and hackers from repeatedly stealing funds? Want to give funds to someone with confidence they’ll pay you back? Want to stop people getting jobs with fake diplomas? Say hello to Self-Sovereign Identity. Self-Sovereign Identity (SSI) * Self-sovereign identity (SSI) is a concept that has gained significant attention in recent years as a potential solution ..read more

Photo by JESHOOTS.com on Pexels.com It’s frustrating that TPS is the measure a lot of the wider crypto community look at as a measure of blockchain performance and yet it’s fraught with so many pitfalls and ways to manipulate it. People often confuse TPS with max TPS – the former being a measure of usage of the chain, and the latter being a measure of its processing capability. Demand does not necessarily have to be from human entities either and hence TPS can be boosted in ingenious ways (see Algorand’s TPS). That being said, Cardano’s UTXO model brings with it a whole host of other issues th ..read more

Photo by Artem Podrez on Pexels.com The Cardano DeFi ecosystem is finally starting to take off. Sure we’ve had a few DEXEs launch, but until Vasil it’s fair to say Cardano wasn’t yet ready for DeFi. This is no longer the case. With Vasil in the rear view mirror we are seeing major DeFi projects move towards mainnet. The first of this new wave of launches was Indigo Protocol who launched in November. Looking ahead we expect to see Liqwid Finance, GeniusYield, Meld, and Axo all due to launch over the next couple of months (as best as I can ascertain from public statements). Launching during a bu ..read more

Charles Hoskinson did an interview recently with Jemima Kelly of the Financial Times. At first I thought it was a rather hostile interviewer and very good calm responses from Charles. However on a second viewing I could see areas where the reporter wasn’t getting a direct answer to their questions and hence why they might have started getting frustrated. So here are some succinct answers for Jemima Kelly. Decentralization: There are several ways people talk about decentralization. Decentralization of the protocol or computing layer (as Jemima put it) is one such decentralization. You can certa ..read more

I started writing this as one of those long twitter threads but decided to just put it into a blog post.. I’m only 55% of the way through this epic Twitter space with @monad_alexander , @wabdoteth and @ponziratti.  But a lot has been covered so I wanted to share my thoughts. https://twitter.com/i/spaces/1YpKkgMELlVKj 1. Firstly I normally hate listening to NFT spaces as they normally sound like a school playground. But @wabdoteth did an excellent job moderating and was smart enough to follow along with  @monad_alexander POV and hence could step in and summarise the points for the bro ..read more

In this article I dive deeper into what’s driving Algorand’s TPS and what Cardano can learn from it. But lets start by first by explaining TPS better. TPS is about transaction volume not speed Here is a chart generated through Coin Metrics A simpletons interpretation of this chart would be “Oh this shows Algorand is super fast, followed by Ethereum, with Cardano being very slow”. To understand why that the is the wrong conclusion to be drawn from the chart see how CoinMetrics define TPS: “Tx per Second: The sum count of transactions divided by the number of seconds that day.” So take all the ..read more