
TH3Nothing
530 posts







This is… interesting 👀 (via @tomhaberstroh)


I just voted YES with 66.94 million ADA on the treasury withdrawal proposal: IO & Ensurable Systems: Cardano Maintenance Initiative On behalf of my loyal delegates. Rationale I am formally registering a YES vote on the Cardano Maintenance Initiative Treasury Withdrawal. I would like to explicitly credit Input Output Global for their foundational work and continued dedication to the ecosystem. The blockchain's remarkable reliability and the team's recent urgent coordination to ensure uninterrupted operation for almost nine years stand as a true testament to the exceptional technical pedigree behind this infrastructure. Because this continuous core maintenance is absolutely essential to Cardano's immediate future and operational security, I am supporting this proposal today. However, I must state clearly that the financial ask is exceptionally high. Approving a budget of over sixty two million ADA is incredibly difficult when one cannot easily dig into the granular specifics of the expenditure. In future budget cycles, I expect to see a significantly reduced financial request paired with comprehensive transparency. We require fine grained cost breakdowns that clearly detail exactly what is required to achieve the proposal's outputs, outlining the what, when, and how against the capital requested. Whilst I vote in favour today to secure our operational foundation, this is not a blank cheque for the future. These financial and reporting oversights must be rectified for me to even consider supporting a similar funding request in the next budget cycle. Keep up the great work @IOGroup Transaction adastat.net/transactions/e…























Right on schedule. Time to commence phase 2 (complaining about golf ball manufacturers) Truly a tradition unlike any other.













