

Varavas
7.7K posts

@Varavas9
🇬🇷 Cardano Ambassador / Nightforce Leader / DRep / @OdyC_DAO Founder



>just waiting for it to hit $1.00 so i can get out >just waiting for it to hit $0.70 so i can get out >just waiting for it to hit $0.40 so i can get out >just waiting for it to hit $0.20 so i can get out just get out


one of the pervasive lies of cardano is that it has great tech and lags because of bad marketing. in reality cardano lacks fundamental features of blockchains (and are basically impossible to properly add): 1. events are missing 2. ABIs are missing 3. data-heavy use-cases like L2s are infeasible 4. privacy / crypto-heavy use-cases are basically blocked 5. compute-heavy use-cases can't be atomic 6. state channels are missing features to really deliver 7. composition is so limited at the protocol level that most dApps live in isolation 🤭












Today, we formally notified the entities that we will be stepping down from our duties as a member of the Pentad. We want to thank the members for their shared commitment to Cardano throughout our time working alongside them. Our immediate priority is the @secondfiapp recovery process, and we are concentrating our resources where they are needed most. We believe this is the right decision for our users and for the ecosystem, and it reflects the standard of accountability we hold ourselves to as a founding entity of Cardano. As stated by SecondFi, quarantine mode is being enabled this week, letting users check if a wallet address appears in preliminary incident data and submit a support ticket. Our intention is that next week, the secure wallet export will be deployed to help affected users safely move assets to a new wallet. On asset recovery, we continue to make progress with the recovery tool, initiated through a portal, that keeps users in control while protecting their information




