Jurgen Proschinger

@masatoalexander And the third kind who understands a simple thing about Cardano: eUTxO validates each transaction against independent outputs, preventing systemic state-based exploits. No reentrancy, no weird contract behavior, no systemic bugs. It’s the ONLY L1 with this capability!

cardano's only two remaining demographics: people too dumb to leave people too smart not to grift on the way out

Germans, after shutting down their perfectly fine nuclear power plants, they wanted to replace with Russian gas first, which then a few years later they wanted to replace with LNG shipments from Qatar. But who needs an industry, right?

@Sssebi At the moment? Fu$#ed up.

How would you describe Cardano in two words?

@Sssebi Let’s go to $1 first

When $ADA goes to $10 are you telling your family or keeping it a secret?

@JaromirTesar At the end of the day, as said many times, Cardano needs DReps who have a face and are given a voice through delegates to enact their vision. Much like in any working democracy. DReps with similar visions might form „parties“ of sorts. And they must be paid for their time!

I completely agree. DReps make funding decisions completely without context, without strategy, without the ability to compare multiple proposals and choose the best ones. We need to achieve this: Trust → Coordination → Context → Strategy → Prioritization → Funds Allocation → Feedback What is the reality? With the centralization of governance, trust is eroding. DReps are exhausted. Many of them do not write rationales. Coordination is almost non-existent. The Intersect Budget process is the best we have. Unfortunately, some projects bypass it. From my point of view, it is naive to expect that DReps can analyze in depth and decide on about 200 proposals in a few weeks. We need a different process that will cover spending across the entire NCL period. Each DRep works with its own context. Experiences and opinions are not shared, except for rationales. The closest thing to a strategy is the Cardano Vision 2030 document. We need to agree on specific steps every year. There are many big proposals ahead of us. In some cases, we don’t even know how much they plan to ask for. Sovereign Wealth Fund, Pentad V2, Dragon proposal, next iteration of Catalyst, IOG budget, Liquidity proposal, budget for Intersect; these are all proposals that together could easily reach this year’s NCL if they were all approved. DReps make decisions in complete isolation with different information, context, plans, and expectations. We skipped all the important steps in the decision-making process. DReps actually decide on fund allocation just to keep the ecosystem moving forward. Is the direction right? No one knows. If DReps have to process about 4-5 proposals per month, there is no time to deal with the process.

@MichaelAArouet It just took its time to get where it was supposed to be.

Last time in Germany I made a mistake and took a train. It was 45 minutes delayed before even leaving the first station. How is this even possible?

@ItsDave_ADA @HMResearchX Where to?

Lots of people leaving, i'm just warming up. We are Cardano. 💙

@JaromirTesar No. Rationale provided. As always.

What is your opinion on this proposal? Cardano x Draper Dragon: Orion Fund Do you support it? Link: #0" target="_blank" rel="nofollow noopener">gov.tools/connected/gove…

@Bubblebathgirl Variety ran a similar piece…🤮

You don’t hate leftist media nearly enough.

@MichaelAArouet Dumbland

Which country comes to mind when you see that?

@JaromirTesar @jonahkoch Not „it‘s time“ but „about time“!

Algorand Foundation lays off a quarter of its staff. The crypto industry is facing a difficult period. Many companies are pivoting to AI. GitHub commits are falling. With devs, users are leaving. Important context for Treasury spending. Maybe it's time to invest smartly.

@JaromirTesar It will all end in tears.

Crypto influencers are talking about AI. Crypto media is writing about AI. Crypto companies are pivoting to AI. VC funds are aggressively investing in AI. Devs are seeing opportunities in AI. Crypto fans vibecode nodes. The crypto industry is facing a tough bear market.

@EHuanglu Toast!

if this is what one person + AI can do.. what happens to the entire music industry?

@ItsDave_ADA @InputEndorsers Everyone builds on ADA. Few really know the why. Like in kindergarten, where you see activity in every corner and territory fights in the middle of the room. Strategy without authentic purpose is just expensive motion. We need to make it meaningful or don't make it at all.

Seeing the ADA community active and engaged is genuinely motivating. Whatever has happened in the past, the focus now is clear. We are here to build, to improve, and to win. Now lets win.

@JaromirTesar Good governance turns anonymous risk into accountable behavior, bad or absent governance turns the protocol into someone else’s playground. My view.

Treasury could be one of Cardano’s biggest strengths in terms of adoption, but only if DReps make the right decisions. Governance is more important than people realize.

@MichaelAArouet We don’t do half stupidity in Dumbland. If we do something we go all in!

Germany’s closure of its nuclear power plants is legendary. Now “climate activists” seem to be succeeding in pushing for the closure of Germany’s largest oil drilling island, amid the Middle East energy crisis. Can you name anything more absurd than Germany’s energy approach?

The global media workflow isn't broken at the creative layer. It's broken everywhere else. MAM chaos, delivery spec nightmares, archival hoarding, and greenlights dressed up as data science. A full breakdown in my latest Medium article… @jproschinger/the-invisible-machinery-why-global-media-workflows-are-failing-where-no-one-is-looking-ff4848634839" target="_blank" rel="nofollow noopener">medium.com/@jproschinger/…

@hoskytoken Isn't $HOSKY past 0.0000000000 already?

🎉Giveaway Alert! 🎉 💰 10,000,000,000 $HOSKY Prize 👉 Follow @hoskytoken 🔄 Must repost this tweet 🏁 Be the last to comment to win... The fun NEVER ends!

@JaromirTesar @jonahkoch @NicolasC3rny It’s called oligarchy when power sits with someone who doesn’t care about good decisions, governance becomes less a democracy and more a VIP lounge where the WiFi is great but nobody minds the sinking ship.

1000 ADA is a low submission fee considering the defined minimum of 100K ADA. It is not an effective spam filter if it does not scale with the request amount, imo. Even if there were only 100 proposals and DReps needed at least an hour for each of them, it would be 100 hours of work. If a DRep is willing to devote 2 hours a day to governance except weekends, it will take 2 months. I find it irresponsible to push DReps into hasty decisions. Has the committee thought about the quality of the decision-making process? Do we really want DReps to have an hour (or two?) for proposals requesting millions of ADA? If the committee does not know anything, is it difficult to ask DReps? Honestly, I had different expectations about the functioning of governance. I am disappointed that even the committee cannot see the current problems and the prepared framework that does not encourage quality decision results.

How much time should DReps spend analyzing the complex proposal like "Cardano x Draper Dragon: Orion Fund" before voting? I know that DReps have different backgrounds, so it's individual.

@mariodian @_kaitodev @karpathy Janitors have a future.

@_kaitodev @karpathy He just removed the repo for minutes before I added data filtering. Code: github.com/mariodian/jobs… Demo: mariodian.github.io/jobs/site/inde…

5 minutes ago, @karpathy just dropped karpathy/jobs! he scraped every job in the US economy (342 occupations from BLS), scored each one's AI exposure 0-10 using an LLM, and visualized it as a treemap. if your whole job happens on a screen you're cooked. average score across all jobs is 5.3/10. software devs: 8-9. roofers: 0-1. medical transcriptionists: 10/10 💀 karpathy.ai/jobs