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Big developments on the Cardano wallet hack. Firstly, Cardano was NOT hacked. Secondly, users should be able to get their ADA back! What got exploited was third-party wallet software, and the headlines are obviously running crazy with this Cardano news implying this was a protocol level thing. Here's what...

49,260 görüntüleme • 20 gün önce •via X (Twitter)

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I have been building a visualisation platform that maps activity across Cardano. The objective is simple. Transparency. When information is clear and accessible it strengthens the entire ecosystem. The platform is already showing how powerful that visibility can be and it continues to improve as more data is integrated. I have successfully traced the direction of genesis funds across the blockchain end to end. The focus of the work however has increasingly turned toward Emurgo and will continue to target Emurgo.. Whether I release the tool publicly is still something I am considering carefully. In the past I built AI systems over Cardano data and chose not to release them. The reason was simple. I did not want something powerful to be turned into a weapon that hunts for minor negatives inside what is otherwise one of the most important technological and innovative blockchains built in this space, and a result of years of hard work. I have no interest in fuelling drama. My intention has always been to present Cardano for what it actually is. A blockchain built through years of research and engineering, driven by the founding entities IOHK and the Cardano Foundation, and supported by people who genuinely care about the system including Charles and many others who have given years of effort to build it. That remains true regardless of some recent comments directed toward me in spaces. Those were disappointing, and did actually upset me being completely honest, also they missed the wider context of what I have been doing and I feel discounted my care for Cardano. However transparency works both ways. I will not ignore behaviour that undermines the principles Cardano governance is supposed to protect. Emurgo, a founding entity, is accumulating a rapidly increasing share of voting power through Yoroi DRep delegations. Many users appear completely unaware that this is happening. The interface suggests things along the lines of gaining rewards by delegating voting power to Yoroi as a DRep. What many users do not realise is that they are delegating governance influence directly to the same organisation that operates the wallet ,and worst still think they need to delegate to Yoroi to get their ADA rewards! I have received countless direct messages from affected users who did not understand what they had delegated. In several cases language barriers appear to make the situation worse, particularly for users outside the English speaking community. At present Yoroi and Emurgo, which are effectively the same entity in this context, represent roughly 17 percent of all voting power. That share is rising quickly. Based on the recent rate of growth it is not unreasonable to see this exceeding 50 percent within a few years if nothing changes. Governance concentration on that scale is not healthy for a system designed around distributed decision making. Cardano’s credibility depends on users understanding where their voting power sits and being able to move it freely to representatives who actually reflect their interests. The goal of the platform was never to show how much a founding entity spent or to cause drama. The goal was to show the decisions a founding entity made and how those decisions shaped the blockchain in an era of governance

Dave

17,020 görüntüleme • 4 ay önce

OKAY here is the tea: Congo's PFP wallet is $web3countryclub Associated Wallet address confirmed by him to be his. stake1u9w62r78n2aac5zajvxtt0tsu5g694lhahnkg8cdu2yrmlsglwxpw Almost 30,000 ADA's worth of SOC was loaned using the LEVVY Dapp FEB 6th by this wallet which is already defaulted... Only loans taken from this account in the last 4 months, so it wasn't being used much at all. Also, this wallet sold a close to 17,000 ADA on the open market on February 12th, and February 13th prior to the LEVVY token announcement which was put out with incomplete information we still do not have. Now the recording below is of the ape discord questions post their 16 minute space of the announcement. It is of myself asking the team if any insider trading happened prior to an announcement like this-- given the obvious reaction that was to follow. In the video you can hear Matasa guaranteeing the facts that no one of the team sold anything. Congo says in the video "We expected this" in regards to the reaction from the community. Congo you f'd up. You were inside trading on your own project prior to a huge announcement changing the center of gravity of tokens. Through DM's with Cardano Shield, I got this response from him (Congo) about the wallet and transaction/loans. The response I was given from Congo to the allegations are below and from my old DM's from Cardano Shield. I'm calling for Congo to step down as a Founder of TAS, and I think the community should to if they want to actually keep any respect from people here and have the project succeed. Or keep a criminal in your Ranks. Do whatever you want this information.

Spentron

109,899 görüntüleme • 2 yıl önce

Listen carefully. 40 seconds. This is Charles Hoskinson - founder of Cardano - speaking publicly in an X Space he created and hosted himself, about token holders of projects within his own ecosystem. "I don't give a shit about your token holders. I don't give a shit about your bag holders." "If you attack my ambassadors, I will burn you to the ground." "The appropriate thing to do is apologize and back the fuck off. And then we have no problem." The full audio is attached to this post. Listen yourself. Now understand who he was actually talking about. The "token holders" he dismissed are not strangers in some separate ecosystem. They are ADA holders. They run Cardano stake pools. They vote as DReps. They build on Cardano. They hold the IAG, the SNEK, the NIGHT, the tokens of every project inside this network - and they hold ADA alongside them. When IAG crashed 32%, real ADA holders lost real money. When any project inside Cardano takes a hit from this kind of campaign, the damage flows straight into the same wallets that hold ADA. There is no separate "their holders" and "his holders." There is only us. So when he says he doesn't give a shit about your bag holders, he is talking about Cardano holders - YOU! When he says he will burn you to the ground, he is talking about burning projects inside his own ecosystem - and the people invested in them are the same people invested in him. This was said after IAG had already crashed 32% in 24 hours. After real families in our own ecosystem had already lost real money. After he had already amplified the attacks that caused the damage. Days later, the same Charles Hoskinson publicly demanded that Iagon's leadership be replaced. His words: the project "could collapse and erode token holders' holdings unless leadership changes." Let that sit for a moment. The man who said "I don't give a shit about your bag holders" is the same man demanding leadership changes at another project in the name of protecting token holders. The man who said "I will burn you to the ground" is the same man calling someone else unfit to lead. So I'll turn his own standard back where it belongs: If a leader's job is to protect token holders and act in the ecosystem's interest - is this the leader who should be wielding 160M ADA of community treasury? Is this the voice that should speak for Cardano - to investors, to enterprises, to regulators, to anyone watching what we are building? Token holders are not the enemy. Ambassadors are not the army. DReps asking questions are not attackers. This is OUR network. OUR treasury. OUR future. Not his. Vote accordingly.

Holger - Guarding our Vision!

31,084 görüntüleme • 1 ay önce