Leo of the Brothership

Not going anywhere. Changing the world was always the reason I got into the Industry, and @IOHK_Charles is right, the root of trust for society can only be saved through Crypto. Dystopian hellscapes and Utopian paradises are both in the cards with the rise of Ai.

Introducing OPTIMISTIC CONSTITUTIONALITY github.com/cardano-founda… Learning from the last nearly 100 Governance Actions onchain, no proposal that DReps wanted approved got rejected by the CC. Despite this perfect agreement, the CCs efforts were insurmountable, culminating in @CardanoAtlantic retirement, and ever since increasing fears of more degradation with loud fights over fair compensation. Noone is happy. Understandably so. Looking at >14 months of real Governance data, and borrowing techniques from Zero Knowledge, lets change something: Optimistic Constitutionality removes the Constitutional Committee's need to actively approve every action, and instead, proposals are assumed constitutional by default and move forward UNLESS one CC member raises an objection by voting no. The CC remains a last line of defense, but now without being a bottleneck, all the while needing dramatically less effort to maintain a strong line. @cardanocuria @tingvard @EasternCardano @AceAlliance_CC @JapanCardano @phil_uplc @_KtorZ_

@shaggyrax Getting there, one day at a time....

Took a long time to get to where I manage no meds (just weed and real drugs) 💯

Not retiring and not going to spend any time explaining my self For some reason some of my delegates chose to support me as a dRep , I will vote my conscience and be done with it. Pushing out dReps because they don't have time/appetite for popularity games is counter productive to the ecosystem and its decentralization! so I would as you to stop please :)

Because we normalized ppl doing job that only requires pushing buttons to vote for or against proposals like some ppl do on Tinder. In my view if a dRep dont have any time to write half dozen words he should retire and leave the work for ppl willing to offer more professional services.

Being a #Cardano DRep isn't a status symbol—it’s a job. I’ve invited multiple DReps to #TCWTK to explain their on-chain record, but the silence is deafening. COMMUNITY: Tag your DRep below. If they can’t defend their votes, why do they have your power? 🗳️🔥 #Voltaire $ADA

Cardano surges ahead—Brothership surges fiercer! 💥 Slots epoch: 32 🚀 Expected: 22.959 🎯 Max luck: 139.38% 🍀 Resolve unbreakable, we charge relentlessly to ATHs & stars! Delegate, crew up! #Cardano #BrothershipPool

@BrothershipPool You are brave!

Untill this is fixed I am voting NO on everything where Emurgo is involved. This includes Pentant proposals, get your shit in line. The only thing this ecosystem has is its integrity and I will not be stongarmed into supporting this decline by threads of demise if we do not spend the treasury!

@shaggyrax all 3 or any off ?

A helicopter crash, an SEC filing, and a sudden arterial blockage could turn the future of Cardano around on a dime 🥱 But never mind me

@RodrigoPacini @emurgo_io @YoroiWallet Carpet bomb the mfrs, not even asses, if Emurgo is involved it is an instant NO. IOG and CF will have to chose if they want to leverage the massive Emurgo voting power or get the communities support, only one way back after such takeover.

If @emurgo_io and @YoroiWallet do not fix and reverse their govrnance power grab very soon, I will be forced to treat them as hostile actors re: Treasury Withdrawals for a period of 12 months when I will do a new review. Pentad proposals would be assessed - each carefully.

@JaromirTesar Absolutely, only one way to counteract this blatant embezzlement of their users trust

I'm starting to notice DReps wanting to vote NO on all proposals that EMURGO can profit from or participate in. This could put pressure on EMURGO and Yoroi. Would this be a sensible and responsible approach in your opinion? Can we do anything else right now?

@YoroiWallet Default dReps should be auto-abstain, you are embezzling users voting power with your Ux!

I was mostly inspired by the dRep delegation discussions. In general interacting with the L1 should be seemless, I implement stake reward abstraction for example, users don't need need to know what part of their funs are in Utxos or what rewards address, wallet Ux treats it all the same. Little quality of live improvements like this lower friction overall.

@BrothershipPool @genwealth_app Agreed, but what features should be simplified? If you guess "feature A" but early adopters are saying "feature B", you would be wasting time/money on feature A. It is better to give a basket of raw features to early adopters and let them tell you which ones to streamline.

Cardano is a marvel of engineering. Unfortunately that is holding adoption back since the user experience is too complicated for them. We should be abstracting away the complexity at every opportunity

@__fallen_icarus Btw I love your defi kernel idea, I reworked the @genwealth_app contracts to be mod-able so we can at some point "plug-in" to any such standard that will emerge. Still think we should be trying to make the UX as simple as possible, every extra click is a little bit of friction

@BrothershipPool Only once the raw utility is there, proven by adoption by early adopters, do you start abstracting away complexity to attract the early majority. IMO I'm a good example. I'm "tech savvy" yet I haven't used my wallet in ~2 years because the features I would use don't exist yet.

@__fallen_icarus I am not claiming it is one and only issue with adoption. Not even that it is the most important one...

@BrothershipPool Hard disagree. What is holding back adoption is the wrong financial products are being built 👇 x.com/__fallen_icaru…

@NicolasC3rny We should be simplifying things for the average user not pushing decay functions on to them. Most humans do not understand decay rates, even more do not care enough to try and understand.

Yearly DRep delegation resets are a security risk and simply unrealistic. A better solution: a slow decay of voting power over a 12-month period. Example: Day 1 voting power is 1:1 with your held tokens. Over a year, it gradually decays to 0.5x. This still requires ada holders to confirm their governance participation annually to keep max voting weight for their chosen DRep, but avoids the sudden cliff edge.

I was having a day yesterday, bumped my head at the gym pretty hard. Even if we strongly disagree, we should be able to debate without losing our temper/cool. Tldr I am sorry @ElderM I was overcritical of you. I understand that you are doing your best based for Cardano on your values

@ElderM K

@BrothershipPool 1000 ada per month for 12 months is not going to enrich myself. Honestly, with the other things going on, its really not worth my time for the pay Id be getting. Im not doing this to enrich myself.

Please do remember to take a moment to read through our withdrawal action for the DeFi Liquidity initiative. The goal is to deploy treasury funds into the ecosystem. This withdrawal provides funds to setup the legal entity and perform a contract audit. Why do we need a legal entity? I included a specific section in the withdrawal to cover this.

Well you pressuring BS arguments to justify something that will enrich your self is pretty infuriating. Every argument you have made in this conversation is completely asinine to someone with my values(values I made very clear in my arguments) Making our alternative financial system a servant of the existing system is ridiculous, and pretending that the only way we can get yield is yielding to the US is retarded. Other jurisdictions exist and complete off-chain management under no legacy jurisdictions is possible.

@BrothershipPool Whats the asinine argument? You just seem kind of hostile and triggered. You might have started civil but the tone definitely changed.

@ElderM I don't care. we have made a mockery of this ecosystem and while trying to be civil you are making asinine arguments

@BrothershipPool I also think its ridiculous to use "when Im ready to sell" as a litmus test for when its okay to spend treasury funds, considering most people holding ada right now have diamond hands.

@ElderM undermine it ! 100% Sorry not sorry this is absolutely ridiculous to me

If you want to lose treasury money and be sued into oblivion, then we can go without a legal entity. There is no payroll. As much as I dont like it myself, we are still tied to the legacy financial system. We can ignore it and get crushed by it, or we can work within it to undermine it.