Buddhist Prodigy
30.1K posts

Buddhist Prodigy
@ADAProdigy
Austin. Freedom and peace. Austrian Economics (Mises) and Crypto. BTC, Cardano, Ergo. UTXO & eUTXO. Cardano DRep account: @Cardanodrep
Mountains of the Moon. Katılım Nisan 2022
1K Takip Edilen1.2K Takipçiler

@leitas873 @Cointelegraph Why does it take 2 months to stake??
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Buddhist Prodigy retweetledi

As a DRep, I decided to vote YES on the proposal: IO & VacuumLabs: Enhancing Plutus – Performance, Correctness, and Usability
My rationale:
I support this proposal because it addresses real technical bottlenecks in Cardano's smart contract stack: execution costs, tooling friction, and formal correctness. These are fundamental issues that directly impact developer adoption, DeFi competitiveness, and long-term support for alternative node implementations.
The most tangible part of this proposal is reducing Plutus execution costs.
CIP-0156 (multiIndexArray) and CIP-0168 (BuiltinValue functions) introduce new built-ins that can reduce script complexity and lower execution costs for many common use cases.
This matters because Cardano smart contracts are frequently criticized for high execution costs, transaction constraints, inefficient handling of multi-assets, and unnecessary complexity for common DeFi operations.
These inefficiencies directly affect DEXs, lending protocols, stablecoins, and other on-chain applications that need to operate efficiently at scale.
Formal correctness and alternative node support may be even more important over the long term.
Without implementation-independent specifications, conformance testing, and stronger formal guarantees, alternative clients become significantly riskier to develop and maintain. Cardano cannot realistically pursue node diversity while lacking the tooling and specifications required to support multiple implementations safely.
At the same time, Cardano has marketed formal methods as a major differentiator for years. This proposal suggests that some important parts of Plutus formalization still require further maturation. The IO should clearly explain what formal specifications already exist, what gaps remain, and why those gaps were not addressed earlier.
This proposal must be considered in a broader context.
The blockchain industry has repeatedly demonstrated how expensive weak smart contract tooling and insufficient verification can become. Major exploits across EVM ecosystems have resulted in billions of dollars in losses due to contract vulnerabilities, implementation mistakes, and weak security assumptions.
While no system can eliminate risk, Cardano has consistently positioned itself as a platform built on higher assurance standards. Strengthening formal specifications, conformance testing, and smart contract correctness helps preserve that competitive advantage as the ecosystem grows and more value moves on-chain.
However, this proposal is not perfect.
I continue to see unnecessary fragmentation across IO proposals. Related work is often split across multiple proposals, while vague budget categories such as "Engagement & Ecosystem Support" continue to appear without sufficient breakdown. Future proposals should provide clearer boundaries between maintenance, developer tooling, and protocol upgrades.
Despite these concerns, this proposal addresses important infrastructure gaps, improves Cardano's long-term competitiveness, and the requested budget is relatively reasonable compared with other IO requests.
For these reasons, I support it.
If you'd like to support my work, consider delegating to the MANDA pool and backing me as a DRep. Your support is the only way I can get time for governance.
MANDA Pool ID:
pool1c3fjkls7d2aujud8y5xy5e0azu0ueatwn34u7jy3ql85ze3xya8
My DRep ID:
drep1y2m0g4r66pyaw3p7u454wc0p4f0ygm8ueaev0mgd3tvwm7sskqwqp

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Buddhist Prodigy retweetledi
Buddhist Prodigy retweetledi

Polymarket is worth around $15 bn
Hyperliquid is worth $10 bn
@AscendPerps will be the Polymarket of privacy built on Midnight/Cardano - $1.5 mil
@strikeperps is a fast growing leverage trading platform on Cardano - $12 mil
Do you see the upside potential here?
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@Sic2336 As what's left of the cardano community desperately chase gains on the new shitcoin. Dont worry it will descend like every other cnt before it
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Buddhist Prodigy retweetledi

Buddhist Prodigy retweetledi
Buddhist Prodigy retweetledi
Buddhist Prodigy retweetledi

#Ergo, thanks to its forward-looking monetary policy, is the only truly fixed-supply currency and this makes $ERG a valid store of value. Lost coins return to circulation through #demurrage and the circulating supply remains fixed forever.

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Buddhist Prodigy retweetledi
Buddhist Prodigy retweetledi
Buddhist Prodigy retweetledi

DEX aggregator market share on Cardano is shifting.
@DexHunterIO still leads, but its dominance is slipping.
@MinswapDEX is climbing.
@MuesliSwapTeam is gaining ground.
@SteelSwap is taking a bigger slice.
This is what competition looks like.
✅Better routing.
✅Better fills.
✅Less reliance on a single path.
Does this fragment liquidity again, or push aggregators to get smarter? Oh, and we need that shared DeFi layer thing. I forgot the name.
*Not a paid promotion

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Buddhist Prodigy retweetledi

Crypto is actually the solution to the insanity of the world.
In this video, $ADA founder @IOHK_Charles explains how @MidnightNtwrk brings privacy and sovereignty to the world in a time it’s much needed.
00:00 Intro
1:32 Cardano Updates
6:17 Simplifying Crypto for Users
9:17 Developing with AI
16:08 Governance on Midnight City
19:29 Transparency Through Blockchain
22:45 Midnight Privacy
12:24 The Complexity of Crypto
31:16 XRP Price Appreciation
35:07 Distractions and Clarity
44:11 Anti-Crypto Government
1:04 Outro
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