Power2theEdge🛡️ ₳D₳

What is fascinating about yesterday's event is how Cardano recovered from a minority chain and got rid of the symptom while preserving most of the history and progress since the incident. 🧵

First finding was a vulnerability that allowed programmable tokens to exist outside the mini-ledger (ie. not be subject to any programmable logic and just live in your wallet). The problem was that you could mint a programmable token without first registering it, and then you could later register it at which point it is subject to the programmable logic. The second finding was that the Aiken implementation for transfers of programmable tokens was just broken, it didn't handle minting / burning correctly. Specifically, it couldn't handle transactions where you burn all the programmable tokens you are sending so if you wanted to burn tokens you would always have to leave at-least one token, you could never burn the total amount.

Comprehensive benchmarks of Plutarch implementation of programmable tokens against the Aiken implementation (on average the Plutarch implementation is 39.6% more efficient) This benchmark covers real use-case scenarios pulled from actual DeFi transactions from the ledger history. For a practical example, a DEX transaction which processes 16 swap requests when converted to the equivalent transaction on the programmable tokens mini-ledger is 28% more expensive in the Aiken implementation. In every single case, the Plutarch implementation is more efficient. In the largest observed difference, the Aiken implementation consumed 3.33x more CPU and 2.4x more memory than the Plutarch equivalent. The difference here is not micro-optimization, it is an entirely separate class of efficiency. We are not talking about a 5% difference; we are talking about an average difference in efficiency of 39.6% across benchmarks produced from real world use-cases randomly sampled from mainnet DeFi protocols.

SENATOR CYNTHIA LUMMIS SAYS CRYPTO YIELD NEGOTIATIONS MAKING PROGRESS BUT REMAIN IN A DELICATE STATE

This is patently incorrect. The benchmarks I posted above are all correct and reflect the current Aiken and Plutarch contracts. All claims made in my OP are correct, Aiken is worse across all test vectors. All benchmarks posted above are reproducible, and I hope that you take the 5 minutes required to do so yourself and retract the false claims above. Go to the repo, checkout the branch you are basing the port on, run `nix develop` and run: `cabal run benchmark-onchain-aiken-scripts` `cabal run benchmark-onchain-scripts` or you can just run ./benchmark-onchain-compare.sh and it will output the ex-unit difference across all the benchmarks above.

🚨 Here is the full 40 minutes of my crew and I exposing California fraud, Minnesota was big but California is even bigger... We uncovered over $170,000,000 in fraud as these fraudsters live in luxury with no consequences. Like it and share it, the fraud must STOP. We ALL work way too hard and pay too much in taxes for this to be happening. These fraudsters have been able to defraud American taxpayers for years without any pushback from the public and politicians. It is time to EXPOSE IT ALL and end America's fraud crisis.

Donald Trump was overwhelmingly elected by the American people to be our President and Commander in Chief. As our Commander in Chief, he is responsible for determining what is and is not an imminent threat, and whether or not to take action he deems necessary to protect the safety and security of our troops, the American people and our country.  The Office of the Director of National Intelligence is responsible for helping coordinate and integrate all intelligence to provide the President and Commander in Chief with the best information available to inform his decisions.  After carefully reviewing all the information before him, President Trump concluded that the terrorist Islamist regime in Iran posed an imminent threat and he took action based on that conclusion.