MikeWildHare

@krby_algo @cryptomalgo @silviomicali @Algorand @JohnAlanWoods @AlgoFoundation Only someone like you could afford that

@MikeWildHare @cryptomalgo @silviomicali @Algorand @JohnAlanWoods @AlgoFoundation Yep Opus 4.6 👇

"The market cap of the token is the maximum security of the chain. Can you put trillions of dollars of assets on a chain with a $1B market cap?" 🪙🔒 Insightful interview with @silviomicali (creator of @Algorand) by @JohnAlanWoods (former @AlgoFoundation CTO, now CEO of @Nillion) at @ParisBlockWeek. Watch the full replay 👇

@cryptomalgo @krby_algo @silviomicali @Algorand @JohnAlanWoods @AlgoFoundation If somebody tried to buy enough to control consensus, the price and therefore market cap would dramatically increase..

@krby_algo @silviomicali @Algorand @JohnAlanWoods @AlgoFoundation If trillions in assets land on a chain with a $1B market cap, someone could theoretically buy control of consensus and attack those assets. We assume market cap scales up, but that’s not guaranteed. That’s a real issue for institutional adoption.

@StaxxOnDexx @Algo__J You weren't that early if you didn't list the very first NFT project AlgoWorld @algoworld_nft

If you recognize these… you were there. Early Algorand hit different. What did I miss?

@CSpiderRTs Which assets you looking at?

The next two months will be intense for $algo. I wonder what will happen next. Either way, I hope to accumulate a few particular assets, chat with a few individuals. Cheers, friends.

No. Algorand is ahead in actual PQS deployments. They've used FALCON (NIST-standard lattice signatures) for state proofs securing chain history since 2022, ran the first mainnet PQ transaction in Nov 2025, and have experimental AVM support for PQ account verification. Ethereum's PQ effort (via pq.ethereum.org) has 8+ years of research, devnets, and a multi-year roadmap—but zero mainnet PQ signatures or accounts yet, with L1 upgrades eyed for ~2029. Both are progressing, but Algorand has live code where it counts.

Fun fact. Lute and Pera HD wallets use the same derivation algorithm. But Ledger is different. #Algorand

@alphaarcade Go Seahawks!

$1000 GIVEAWAY FOR #SuperBowlLX We're giving away $100 in predictions to 10 lucky winners To enter: 1. Make any $5 prediction on any Alpha Arcade Super Bowl market 2. Post your prediction slip below 3. Follow & RT

@MuseumCommodore Citadel

What's the hardest Commodore 64 game you ever beat?

🚨More than 40 NFTs have been sent to the afterlife. Let’s make a contest to celebrate this launch! 🎉 2 winners this time: - 100 Algo - 500 $SKULL To participate : follow, like and retweet before Feb 1st. Increase your chances by participating on Reddit and Discord!

🎉First contest before the launch on mainnet: win 200 Algo! 💸 . 1. Follow AlgoNFTCemetery.algo 2. Retweet and like this tweet 3. Join our Discord and post your X username in the contest channel : discord.gg/epy5bNssep . Draw for the winner as soon as we reach 50 participants

It's been brought to my attention that at 451 I said "I love that man.Ollie Rathbone,have my children.Please take them" On reflection,and in consultation with my wife,I now appreciate that what I said was wrong.I only have one child.Ollie can have him. Sorry Ben.#askwxm #wxmafc

@GovernorHat @StaciW_DC @ww77algo If it was just a clarification, why did they have to deploy a new contract to honor the lifetime ownership of old NFDs? x.com/i/status/17455…

They can’t claw it back by their own direction. It’s governed by contract. The contract is what does it and they couldn’t arbitrarily cause it to do so. The fact they had to come out and clarify that old contracts remain free has more to do with people not understanding this than anything

@StaciW_DC Ironically I had one of my domains expire today and I actually got a notification via a zero algo message through pera wallet. Legitimately, are you even using the chain? Or paying attention to transactions? Losing your main nfd is kind of on you...

@GovernorHat @StaciW_DC @ww77algo Yeah, I am wrong about clawback, but I believe that the original plan was to force all NFDs to subscribe, perhaps via the single registry contract? @patrickbennett?

@GovernorHat @StaciW_DC @ww77algo I think you are wrong about this. They walked the original proposal back. They can't force a subscription, but they can clawback your NFD. x.com/i/status/17455…

@MikeWildHare @StaciW_DC @ww77algo You never would have had to pay. They couldn’t force a subscription on you because the existing contract can’t be changed and they can’t force you to sign to a new one. So, saying they changed their mind to “allow” old ones to continue is not only wrong but nonsensical.

@GovernorHat @StaciW_DC @ww77algo From what I recall, they absolutely did change their model from a pay once upfront to subscription based. After huge pushback from the community, they allowed existing NFDs to not have to pay a subscription provided they didn't upgrade the contract

Wrong. They didn’t change their model to make yours or anyone else’s a subscription. Nor did yours magically expire. Old contracts were forever with no subscription. Newer contracts (or newly minted ones), with newer features, were subscription. Any person upgrading an old contract to a newer subscription based contract was clearly informed of this. One year ago, you upgraded your NFD so you could add verifications for BlueSky. This isn’t “in part” on you. They didn’t give you a “gift” that “expired”. Stop trying to shove off responsibility. It’s bad leadership and indicative of the general lack of accountability at the Foundation.

@nmadon65 @AlgoMattie @iGetAlgo Executing a post-quantum transaction on mainnet?

@AlgoMattie @iGetAlgo Idk there was acknowledgement of the good moves (USDC, xGOV, P2P). But overall there have been more missteps and bad decisions. It is what it is. What do you think are the good moves/interesting projects are? I've been around for going on 4 years and I can't think of any.

APPENDIX: KEY DATES 2017: Silvio Micali founds Algorand 2018 to 2022: Steve Kokinos serves as CEO of Algorand Inc June 2019: $ALGO Dutch auction at $2.40, mainnet launch August 2019: Algo Capital raises $200 million for Algorand ecosystem October 2019: Algo Capital hacked, $2 million stolen, CTO Pablo Yabo resigns March 2020: Algo Capital rebrands to Borderless Capital 2020 to February 2022: Sean Lee serves as CEO of Algorand Foundation June 2020: Circle USDC partnership announced June 2021: Arrington Capital $100M Algorand Growth Fund announced; Yieldly launches; CoinFabrik files lawsuit against Borderless, Rand Labs, David Garcia, Pablo Yabo alleging fraud, trade secret theft September 2021: 3AC OTC trade (under Sean Lee); DRL $100M partnership announced November 2021: Hivemind Capital launches $1.5B fund with Algorand as strategic partner; Borderless launches $500M ALGO Fund II; Borderless launches $10M PLANETSFund November 2021: Arrington Anchor Yield Fund announced (Terra/Anchor exposure) January 2022: DRL/Playground Labs play to earn game announced; Tinyman hacked for $3M February 2022: Staci Warden becomes Foundation CEO April 2022: $15M Climate Ride commitment May 2022: FIFA partnership announced; Napster acquisition July 2022: 3AC collapse revealed; Steve Kokinos resigns September 2022: Hodlnaut loss revealed ($35 million) November 2022: FIFA World Cup, Algorand does not activate sponsorship February 2023: MyAlgo hack ($9.2M stolen) June 2023: SEC classifies ALGO as security July 2023: Algofi shuts down (55%+ of TVL); Foundation releases Ecosystem Funding Report showing $4.14M granted to Rand Labs August 2023: ALGO hits all time low ($0.087) December 2023: AlgoExplorer shuts down; Rand Labs blames Foundation funding policies; Arrington Capital Algorand Growth Fund liquidated, Foundation receives only $2.7M from $50M investment January 2025: Transition from Governance to Consensus Rewards January 2025: Staci's Twitter hacked April 2025: DRL acquired by Infinite Reality; Project Drone Galaxy never launched April 2025: FIFA migrates away from Algorand July 2025: Project King Safety roadmap announced September 2025: New CTO Nikolaos Bougalis appointed; all time high for open source developer activity with 390 contributors October 2025: Algoland campaign launches November 2025: Wirex partnership announced; first Falcon secured transaction on public blockchain December 2025: Foundation announces staking rewards ending January 2027; Foundation delays Project King Safety and implementation until 2027; Algoland campaign concludes

@frugalbc @gabrielkuettel Yes. A smart contract should ideally query the minimum fee, but it wouldn't be surprising if some hardcode a flat 0.001 algo fee which would not work if the minimum fee were to increase

@gabrielkuettel So last time I brought up the idea of raising fees, someone said it would actually break a lot of projects because the fee amount is hard coded into the smart contract. Is that true?

Here's my honest take as a staker who would actually be voting on these protocol upgrades. I'm keeping my language direct for brevity, but don't mistake that for inflexibility -- you can prefix every statement with "in my humble opinion" if it sounds nicer in your head ❤️ > increasing transaction fees Assuming something like a 100x jump in fees, Algorand would stop being a "general computing platform" that handles everything from supply chain traceability to gaming because those would become prohibitively expensive. Instead, the chain becomes purely a financial technology, with DeFi and payments as the bread and butter, because those are the only use cases where the network's trustlessness and other features are actually worth the higher cost. So realistically, that's the tradeoff. It would constitute a meaningful change in our strategy and I'm cool with it. DeFi is where this industry has real PMF. Increasing the fees would force us to narrow our focus and double down on payments, our existing DeFi protocols, and RWAs that compose seamlessly with the ecosystem. > new token emissions Beyond the obvious issues around network security and stake distribution, here's the real question: If we stick to the fixed cap, force rewards to zero, and that drastically cuts online stake... would companies really be comfortable putting billions in financial assets on a network secured by only millions in ALGO? With that in mind, I can get behind uncapping the supply to fund staking rewards, provided there's a corresponding burn mechanism to offset inflation when conditions improve. But there needs to be some additional compromises -- the Foundation should commit to NOT using its own rewards to fund initiatives. Instead, those rewards should be set aside for a future community-controlled war chest. Or burned. 🔥 > self-organize around these topics and propose recommendations xGov's final form could be a full DAO with token weighted voting to manage ecosystem funding, protocol development, and beyond. The foundation is calling for community action here, so this (or a variation of it) is entirely achievable. The community should form a working group with broad representation -- stakers, builders, degens, and AF members. This group can start drafting and voting on concrete proposals immediately. One of the first priorities should be a direct, transparent discussion: What proportion of the Foundation's treasury should be allocated to community-controlled protocol development after the ongoing decentralization handover? Protocol development is expensive, there are only a handful of people on the planet who can work on key aspects that distinguish us in the market, like quantum resistance. It's unlikely a handover would be successful unless a meaningful proportion of the treasury comes with it. This could require Foundation spending cuts and/or clear and published budget targets. To make this credible, community representation on the board would be essential. The working group could collaborate with the Foundation to outline the governance structure.

@GovernorHat @Justin_Bons @yupi_asa @AlgoFoundation To be fair, the official Algorand blog repeatedly mentions permissioned repeaters.

Justin, this has been explained to you so many times that I’m left with the inescapable conclusion that you are either a) arguing in bad faith; or b) have actual brain damage that prevents you from forming new memories. Anyone can run a relay. Anyone can connect their voting/participation nodes to any relay they want if they so choose. By *default* the voting/participation nodes only connect to a specific set of relays. However, anyone node runner can enter a few commands and connect it to any relay, run by anyone. There are people who run their own relays and connect their participation nodes to relays not on the default list. Relays aren’t permissioned. If you walk into a dark room, but there is a light switch on the wall you can flip to make light, do you go “ahhh, the light is permissioned in this room!”? I’m happy to convey this information in caveman grunts if that will help it stick. Moreover, your position that relays shouldn’t exist as an alternative to light node P2P is one of the most indefensible things to ever be typed on your keyboard. Your supposition about relays is incorrect. But let’s assume we live in your alternate reality where relays are permissioned. In that world they are the mass public transit trains and busses. Cars represent light node P2P. What kind of dumbass would you have to be to say “I don’t think busses and trains should exist because I want the flexibility of driving myself”? Having multiple redundant layers of execution with corresponding tradeoffs is a good thing and I defy you to give a coherent argument to the contrary.

Algorand is now more decentralized than ever before. We're transitioning from a relay node network to a P2P network. P2P is the most decentralized option, and so we've implemented it. Sending decentralization, censorship resistance, and network resilience to the next level.