Cardano remains a masterpiece of academic rigor that struggles to bridge the gap between theoretical perfection and practical execution. Its technical stability is impressive, yet the lack of streamlined governance keeps it perpetually "on the verge" rather than at the top.
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Charles: "Cardano On The Verge Of Being The Best Crypto In The World." Angry Crypto ReactsAdded:
What is good Cardono fam? ADA gang. We have lots of exciting updates to unpack today. So, hit that subscribe, hit that like. Cardono ADA 24-hour trade volume surpasses $440 million according to Coin Gecko. Coin Market Cap ranks Cardono as the fifth most bullish community sentiment and the third most bullish daily trending. Defi Llama's Llama AI says Cardono's technicals are arguably the strongest they've ever been. It goes on to say that Cardono's unique selling points are its zero outages or exploits in over 9 years, extended UTXO, formal verification, midnight privacy layer, regulatory clean record, peer-reviewed research foundation, governance, and postquantum security roadmap. Now, DeFi Llama's Llama AI predicts that ADA could surpass $3 in a full cycle top, reclaiming prior all-time high territory in a broad altcoin season.
Cardono blockchain has officially surpassed 121 million transactions running 24/7 for over 8 years, a great milestone for the network.
Strike with onchain perpetuals announces that Visa and Mastercard coming soon, launching in the next 24 hours. It's time for fiat on-ramps. Anyone can start trading oil, gold or BTC within seconds or become liquidity providers and earn 15% APY on USD. They are crushing it. A quick glance at numbers where we can see over $1 billion total volume across V1 and V2 combined. We can see V2 climbing nearly $30 million. I think they are crushing it. I've been saying for months now that Strike is shaping up to be a unicorn app on Cardono and the crosschain expansion I think is genius.
Next payout for Strike stakers is almost here. Over $57,000 accumulated so far.
Great stuff. And there's more. Fiat on-ramp as we just saw. Email login around the corner. Mobile app higher. So strike, they are crushing it. Fluid tokens.
There are 655 unique wallets currently staking over 16 million fluid tokens, amounting to nearly $1 million in total.
They are getting rewarded monthly with BTC and ADA sourced by collecting 50% of the fees generated on fluid tokens.
Decentralization done right. So we have over 3.8 million ADA staked. Good to see the utility on these platforms. Charles did another stream tonight. It was a great stream. Let's jump into some highlights. He says the input output proposals are the best transition we can provide for the ecosystem as a whole.
He says since decentralized governance I've been accused of being an enemy of my own ecosystem even though I'm still one of the largest ADA holders.
There's a beautiful elegant vision underneath all the IO proposals and strategy.
He says, "When you take Laos, Hydra, the partner chains strategy, Bitcoin DeFi with Pogan, how resilient we are to the coming apocalypse of AI for information security, the seamless upgrades we've had. We're right on the precipice of being the best cryptocurrency in the world."
Charles says, "We spent thousands of hours in chief scientist meetings, 9.5 years, relentlessly fighting, pushing, getting things done, solving hard problems. Urbos to have finality when it was never designed to have it. We solve the hardest problems."
Charles says, "This governance brings out the worst in people, and it's not doing Cardono any service. It's getting in the way of people putting a vision and a road map together." It really is.
I'm glad that Charles is dialing down on the need for executive function for cohesive focus to refine governance. I think that's the right strategy.
He says IO proposals get us to the next state that they're very necessary. They will continue to decentralize the development of Cardono. We'll have a vibrant ecosystem of many developers from many different companies. The HA hasll node will no longer be under input output and Laos will be fully implemented, fully integrated and turned on.
Charles says we need to use a lot of privacy in the Cardono ledger. DREP voting on proposals needs some privacy.
We need to reintroduce executive function and probably an elected budget committee. This decentralized road map is madness. I totally agree and I'm so happy that Charles is addressing this.
He goes on saying, "We need some executive function to manage the K's marketing, branding, and perception of Cardono. It's it's just chaos right now.
Our Kos who have worked for free for half a decade or more are told that AI can do better or can replace them. And that doesn't make any sense to me," says Charles. I agree. Having the voices on X, YouTube, our writers and whatnot play an integral role to help filter the information, spread the message.
Everyone has their unique strength and AI is here to stay and will get better, but you need both. Charles says, I thought about my own role and place.
Should I become a DREP? What do you guys think? I think it would be a good idea for Charles to become Dreppp. Should I become a DRREP? What do you guys think?
Angry DREP Charles Dreppp, let me know.
Charles says, "This structure has to change. Governance has to change. We have to get better at attracting better people and have places for decisions to be made which are sensible as opposed to this direct democracy Twitter mob."
Totally agree.
He says, "I want to work on hard problems and solve them. I want to win.
I want Cardono to flip Bitcoin." He also said during this stream that he's down $2.5 billion.
Think about that, right? People often are really frustrated because the prices are down. Imagine being down two and a half bill. Charles says you don't win by committee. You don't. You can't. It's never happened in the history of any competitive tech technology product. You win by having a vision and executing on the vision relentlessly.
Charles says, "We launched in 2017 and in 2021, four years later, we were worth four times as much as Honda, a company that's basically a century old in one of the bedrocks of Japan. You need to be focused. You have to fight."
Charles says, "There's hard problems to solve with Midnight. Bringing privacy to everyone in the world, bringing crypto to every phone in the world, billions of new users, the home of web 2.5, the home of every AI agent. That's exciting. So, he's been highlighting the importance of solving hard problems, right? What else is going on? Watch your guru reports that the SEC approves NASDAQ Bitcoin index options trading. Pro Crypto Kevin Walsh officially sworn in as Federal Reserve chairman replacing Jerome Powell. Finally, SEC delays plan to allow blockchainbased tokenized stocks.
Now, there's a lot of stuff that's still around the corner on the horizon like the Clarity Act and more. And I'm still excited for that. I do think we will see some positive volatility for alts. It's just going to take some time. And when exactly, no one really knows. But I do know that negative sentiment can't last forever. Despite the prices being down, ADA at 243, XRP at 1.34, BTC at 755.
Yes, alts are down severely. Whether you look at ADA, XRP, AVAC, Sooie, Solana, you name it, they're all down double digits. But in the words of DeFi Llama, I do think that Cardono's technicals are arguably the strongest they've ever been. And I know a lot of people have their gripes with Charles, but I do think when you take a look at the tech stack, the brand, the community, there's a lot of good things to celebrate. It's easy to fixate on the negative, but there's a lot of great things going on in terms of a trustminimized mirrored Bitcoin without generating a new asset tax neutral approach to Bitcoin DeFi via pogan and other efforts. partner chains model which is already in action with privacy with midnight hydra with our layer 2 solution which is very unique in the sense that that onchain offchain perfect matchos having that parallel throughput but also built on top of prow to have a telescopic protocol with redundancy and performance when you need it. There's a lot of fantastic technology that I think gets overlooked and often we just say, "Oh, price is bad, therefore scam, therefore Charles scammer." And often Charles gets scapegoed as just like, "Oh, everything he does is bad." But he's one of the largest ADA holders still.
He's down significantly and he still shows up. So I think Charles is a net positive to the ecosystem. I do think that the IO proposals being funded is in the best interest of the development of Cardono, especially with AI and postquantum as force multipliers to adversaries as we advance into this AI revolution and postquantum revolution.
So yes, prices are down, but they won't always be down.
It's just a matter of time in my opinion. And I think that Carono still has some strong fundamentals, great unique selling points. And again, Charles mentioning our peer-reviewed research foundation in agreeance with DeFi Lama's AI model as well. And I've been saying that for time as well, peer-reviewed academic research, the slowmoving turtle. That's why I think it's important that the research side within output is also still supported.
So, let me know your thoughts on the input output proposals that have been circulating and the future of Corono.
Smash that subscribe. Smash that like.
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