Cardano Daily Discussion - October 07, 2022

Hello everyone,

Welcome to the Cardano Daily Discussion!

The standard sub rules apply here (see sidebar), with the exception that price discussion is allowed in this thread, though we encourage you to try not to make this the focus and talk about the project itself. Please ask questions, help others and be civil - be sure to get involved in Project Catalyst too!

If you're new, please make sure you're read through the newbies guide and share it with others (use the ?newbies comment command to reference it).

​

⚠️ Scam Warning ⚠️

Please read the Cybersecurity guidelines for Cardano Users.

There are ongoing giveaway scams on youtube and many scammers lurking in Cardano's social channels impersonating ambassadors/moderators/official staff contacting users via direct messages.

For example, searching 'cardano' on youtube and sorting by most recent upload date shows several giveaway scams running (all videos in screenshot are scams):

​

Ongoing 'giveaway' scams on Youtube

The youtube scams are automated; use stolen footage usually of Charles Hoskinson and are restreamed so to appear to be 'live'; appear to have many watchers (which are bots); use bought hacked channels and are edited to appear like official channels.

Do not be fooled!

​

To be clear:

• ⚠️ There is no such thing as a Cardano giveaway
• ⚠️ Never share your seed phrase with ANYONE
• ⚠️ Never send ADA to someone promising to send you more ADA back
• ⚠️ You will never be contacted by ambassadors/moderators/staff

Please report scams on the Cardano Fraud Detection Bureau.

⚠️ Scam Warning ⚠️

🙅🙅 Russia suddenly blocks OKX cryptocurrency exchange website

➖ The website of the #OKX #cryptocurrency exchange was blocked in Russia by the state media monitoring service Roskomnadzor on October 4. The agency told TASS news agency that OKX was blocked at the request of the Prosecutor General's Office for disseminating socially unreliable information of a financial nature.

➖ However, the OKX blockade does not mean that Russians cannot fully access the platform, given the availability of virtual private networks or VPNs. OKX is currently the second largest cryptocurrency exchange by trading volume and market share globally.

➖ The move to ban OKX from Russia is said to be quite a surprise event because the exchange founded in China and now based in the Seychelles has not been subject to Western sanctions targeting #Russia like many exchanges. another transaction after the country began its military attack on #Ukraine in February 2022.

➖ In addition, in recent times, OKX is said to have failed to respond to the Korean government's request to freeze the account due to #Terraform Labs co-founder Do Kwon and the "huge" #Bitcoin transferred to the exchange.

https://preview.redd.it/pxtv75kxpas91.png?width=1200&format=png&auto=webp&s=371af07059fc2fd071a5e9336c824a63468e6d3c

Cardano Daily Discussion - October 06, 2022

Hello everyone,

Welcome to the Cardano Daily Discussion!

The standard sub rules apply here (see sidebar), with the exception that price discussion is allowed in this thread, though we encourage you to try not to make this the focus and talk about the project itself. Please ask questions, help others and be civil - be sure to get involved in Project Catalyst too!

If you're new, please make sure you're read through the newbies guide and share it with others (use the ?newbies comment command to reference it).

​

⚠️ Scam Warning ⚠️

Please read the Cybersecurity guidelines for Cardano Users.

There are ongoing giveaway scams on youtube and many scammers lurking in Cardano's social channels impersonating ambassadors/moderators/official staff contacting users via direct messages.

For example, searching 'cardano' on youtube and sorting by most recent upload date shows several giveaway scams running (all videos in screenshot are scams):

​

Ongoing 'giveaway' scams on Youtube

The youtube scams are automated; use stolen footage usually of Charles Hoskinson and are restreamed so to appear to be 'live'; appear to have many watchers (which are bots); use bought hacked channels and are edited to appear like official channels.

Do not be fooled!

​

To be clear:

• ⚠️ There is no such thing as a Cardano giveaway
• ⚠️ Never share your seed phrase with ANYONE
• ⚠️ Never send ADA to someone promising to send you more ADA back
• ⚠️ You will never be contacted by ambassadors/moderators/staff

Please report scams on the Cardano Fraud Detection Bureau.

⚠️ Scam Warning ⚠️

ATXG Network 1 Financial Securities was the underwriter had ran up to $1000 on IPO day 250% CTB similar to HKD

https://i.redd.it/ajqdeiqbd7s91.jpg

ATXG Network 1 Financial Securities was the underwriter had ran up to $1000 on IPO day 250% CTB similar to HKD

https://i.redd.it/ajqdeiqbd7s91.jpg

Cardano Rumor Rundown October 6, 2022

Hey Everyone!

Let’s go….

Newly Covered Today:

1. MuesliSwap v2 (a hybrid DEX) has launched with orderbooks connected to liquidity pools. https://muesliswap.com/earn/liquidity
2. Liqwid has its peer-to-pool borrowing and lending function live on Cardano’s preview testnet. https://twitter.com/liqwidfinance/status/1577725510343626753
3. Ethereum is realizing that there is a distinct possibility that policy makers & regulators will view MEV as “frontrunning/fraud”. https://twitter.com/BillHughesDC/status/1577728940881448993 https://www.iosco.org/library/pubdocs/pdf/IOSCOPD699.pdf
4. Japanese Prime Minister Fumio Kishida has announced his “New Capitalism” plan to revitalize the Japanese economy and it involves Japan investing in Web 3.0 services that utilize NFTs and the metaverse. https://www.kantei.go.jp/jp/101_kishida/statement/2022/1003shoshinhyomei.html
5. According to mevwatch.info, 29.98% of all blocks in Ethereum are currently censored and 87% of MEV Boost relayed blocks are censored. http://mevwatch.info
6. There’s a very interesting new platform called Cardano Beam that lets you lock Cardano Native assets at specific geographic coordinates to be claimed by anyone who arrives at that location. You can also add certain requirements for the claimants to have specified assets already in their wallets (e.g. a certain NFT you furnished them). https://twitter.com/dynamic_io/status/1577777849536241664

Previously covered, but still interesting:

1. Charles has released a video on the energy and climate implications of crypto in the U.S. https://youtu.be/TEpC2PN2IGY
2. Reach is currently making the transition from Reach Metaverse 1.0 to Reach Explorer 2.0. https://twitter.com/ReachMetaverse/status/1568019464238628866
3. ADA Whale makes a very good point regarding VC money in Cardano. https://twitter.com/cardano_whale/status/1567872786504511488
4. The Carda Station Community Hub is now open. https://twitter.com/Carda_station/status/1567596291324010497
5. Reach metaverse has a new website. https://app.reachcloud.org/
6. There is a Cardano based social media platform launching. https://twitter.com/chain_lobby/status/1563599278874185734
7. Sooraj makes an interesting point about the number of delegators in Cardano compared to some competitors. https://twitter.com/Soorajksaju2/status/1568686884905447424
8. ADA Handle has released a thread about subHandles. https://twitter.com/adahandle/status/1568683214541299712
9. Joseph Delong has an interesting take on what 80% of crypto twitter is actually doing. https://twitter.com/josephdelong/status/1568626489066668042
10. Liquid has begun its audit of the Agora Governance contracts with Vacuum Labs. https://twitter.com/liqwidfinance/status/1569340260659625987
11. Reach has released info on the distribution of plots (eg. grass, beach, snow, etc.) in their metaverse. https://discord.com/channels/809466032237969460/926198215114625024
12. Virtua released Dev Update #2 which gave us a nice behind-the-scenes look at production in their studio. https://www.youtube.com/watch?v=awRbJKuOkJc
13. A lot of new Vasil upgrade readiness shown here. https://iohk.zendesk.com/hc/en-us/articles/7981157534105-Ecosystem-readiness-for-Vasil-upgrade
14. Cardano is still crushing the competition in terms of active developers. https://medium.com/contora/new-leader-top-crypto-projects-by-technology-development-ccdc65c29ac9 https://twitter.com/Contora_/status/1569415298155008002
15. Here’s an interesting revelation about how Solana stores the block history (hint: google). https://twitter.com/MicheleHarmonic/status/1569368081507532802
16. Check out this demo of “Edendale” from Reach Metaverse. https://www.youtube.com/watch?v=vx8nhChvrIE
17. NMKR is introducing NFT licenses to delineate what you can and cannot do with NFTs. https://twitter.com/nmkr_io/status/1569566543763361793
18. P2P lending and borrowing is now live on AADA. https://twitter.com/AadaFinance/status/1569674268723630080
19. There’s a new video about the IOG Stanford Blockchain Research Hub. https://www.youtube.com/watch?v=Fi__9JDTPzY
20. The US August CPI inflation report (8.3%) was not loved by the markets. https://www.ft.com/content/96bb6e37-9116-47d9-98f3-5cee3e9c7c09 https://www.bls.gov/news.release/pdf/cpi.pdf
21. If you are going to Rare Bloom and haven’t booked your room yet, remember the hotel discount ends on September 24th. https://twitter.com/bigpeyYT/status/1569430504054603777
22. Only 8 days until Vasil!!!!
23. The U.S. national average on 30 year mortgages is now over 6%. You know what rising mortgage rates do to the demand side of that market? If you were an adult in 2007, you already know the effects the housing market can have on other markets. https://www.bankrate.com/mortgages/30-year-mortgage-rates/
24. The US Treasury is now saying it’s okay to publish the Tornado Cash code. https://home.treasury.gov/policy-issues/financial-sanctions/faqs/1076
25. There is an arrest warrant out for Terra Luna founder, Do Kwon. https://www.cnbc.com/2022/09/14/south-korea-court-issues-arrest-warrant-for-terraform-founder-do-kwon.html
26. Apparently Atala Prism is a part of some kind of “future digital infrastructure development” in Japan. Check out Project #8. https://twitter.com/sakepool_ada/status/1569969212617281536
27. There’s a free NMKR airdrop afoot. https://twitter.com/Padierfind/status/1570134774454554624
28. Cardano has struck a partnership with the Georgian National Wine Agency to provide a traceability solution for the nation’s wine production! https://twitter.com/CardanoStiftung/status/1570489271710289921 https://cardanofoundation.org/en/news/cardano-foundation-partners-with-georgian-national-wine-agency/
29. ADA Realm says it is going to launch its own marketplace in Q4. https://twitter.com/AdaRealm/status/1570480257454714880
30. Less than a day after the Merge, Ethereum users are starting to realize just how centralized ETH POS really is (whether you count Flashbots–who hard coded in the OFAC list–or not). https://twitter.com/santimentfeed/status/1570339602346684416
31. There’s a new Cardano Island AMA with some new details. https://blog.virtua.com/virtua-news/cardano-island-update-september-13-2022/
32. There’s an Eternl update coming out today (Sep 15) and it has a fiat onramp for ADA. https://twitter.com/eternlwallet/status/1570340765179715586
33. Senator Pat Toomey says that Gary Gensler owes the American people an explanation of how and why he intends to apply SEC regs to crypto. https://twitter.com/SenToomey/status/1570412249365319686
34. Maladex hints at something coming on the 28th of September. https://twitter.com/CardanoMaladex/status/1571469106569965569
35. Fidelity now has both a “Crypto ETF” and a “Metaverse ETF”. Neither one really seems to match the definition I would attach to that label. https://www.fidelity.com/etfs/different-types-of-etfs
36. The Vasil update proposal has been submitted to the chain! https://twitter.com/InputOutputHK/status/157155844597049753
37. Just the Metrics lays out a nice comparison between the proof-of-stake systems of Cardano & Ethereum. https://just-the-metrics-newsletter.beehiiv.com/p/special-issue-ethereum-pos-vs-cardano-staking-decentralization-compared
38. 3D Kiwi now has regression based heatmaps to help estimate values. https://pavia.3dkiwi.io/heatmap_pred/pavia
39. EdnStuff posts a few interesting pie charts on holder concentration in Bitcoin, Cardano, Algorand, and Ethereum. https://twitter.com/EdnStuff/status/1570997096496627716
40. Do you want to see what a slap to the face of the SEC looks like? Here’s CFTC Commissioner Caroline D. Pham touring Ripple labs. https://twitter.com/CarolineDPham/status/1571911498619813890
41. Maladex says the surprise coming on the 28th is not the platform launch but something big. https://twitter.com/CardanoMaladex/status/1572002320808030211
42. Carda Station will be conducting a mint of three different types of vehicles that will be usable in their metaverse on Sep 25th. They have also unveiled their new website. https://discord.com/channels/908827661504237599/909005782790586379 https://www.cardastation.com/
43. Apparently there’s a thing called NMKR Games and they’re making a Web 3 MMORPG called Rogue Galaxies. https://www.nmkr.io/blog/rogue-galaxies
44. Colorado decided to let people pay their taxes in crypto via Paypal. Wyoming points out that it’s way more crypto to not even have state personal or business income tax. https://twitter.com/CaitlinLong_/status/1572237017169403904
45. Virtua’s land plot mint will go live today (Sep 21) for 12 hours at 4pm UTC. https://twitter.com/VirtuaMetaverse/status/1572260495377170435
46. Researchers including Dionysis Zindros propose a superlight client operating on proofs of proof-of-stake that will work in Cardano, Algorand, or Ethereum. https://arxiv.org/pdf/2209.08673.pdf https://twitter.com/dionyziz/status/1572068211465519108
47. Notable Cardano technical commentators have a discussion about the maximum number of outputs that are possible in a single Cardano transaction and the numbers are very impressive indeed. https://twitter.com/eternlwallet/status/1572234973012271105
48. Tim Harrison says we are now at 73% exchange readiness by liquidity for Vasil. https://twitter.com/timbharrison/status/1572286867143524353
49. It looks like we have an update on the Ethiopia project. https://twitter.com/IOHK_Charles/status/1573429932524462082
50. Alessandro reports he now has Lucid running entirely in JavaScript with no dependencies on the Haskell libraries. This is a huge step forward for our attack on the Ocean. Thank you from everyone, Alessandro! https://twitter.com/berry_ales/status/1573984225468059648
51. Here’s another great article from Cardanians on how Cardano protects itself from the equivalent of a 51% attack. https://cexplorer.io/article/how-cardano-protects-itself-from-51-attack
52. The terrible Ethereum proof-of-stake architecture was on full display on Friday as something like 20 validators apparently got slashed. https://twitter.com/terencechain/status/1573314347128201216 https://twitter.com/rom1_pellerin/status/1573729284941815809
53. It looks like rumors are afoot that BMW will announce the use of Cardano for proof-of-registration. Maybe partially confirmed by BMW in a now deleted tweet that was previously saved via screenshot. https://twitter.com/seenwasad/status/1574144652902555652
54. Charles dropped a video on how Cardano evolves into a Members Based Organization that is polyglot in terms of having multiple clients developed by different groups. https://twitter.com/IOHK_Charles/status/1574399808970035200
55. We now have the Virtua land claim schedule. It will happen over five days starting on September 30 5pm UTC. https://twitter.com/VirtuaMetaverse/status/1573387976503169025
56. It looks like Pavia is going to give us a roadmap update this week! https://twitter.com/Pavia_io/status/1574457288445906945
57. Indigo says it will make five proposals to the Indigo DAO as temperature checks over the next five weeks that will lay the groundwork for their launch. https://twitter.com/Indigo_protocol/status/1574402485703544835 https://indigoprotocol1.medium.com/the-indigo-dao-kickstart-campaign-3060a3c11dd9
58. The new MuesliSwap website is live as part of their move to MuesliSwap 2.0. Soon we will see the v2 liquidity pools and yield farming. https://twitter.com/MuesliSwapTeam/status/1573242054343536640
59. We also have some more detail on the Cardano Island map now. https://twitter.com/VirtuaMetaverse/status/1574530159499268112
60. Plutus 2.0 is now live! Plutus 2.0 is now live! https://twitter.com/InputOutputHK/status/1574879048698044416
61. There’s trouble in Catalyst land with a project getting gigantic funding on a proposal that some find surprising. The “Daedalus Turbo” project seems to be at the eye of the storm with even Charles making a video on it. https://twitter.com/CardanoMaladex/status/1574806140667318272 https://twitter.com/ravanave/status/1574887977284771847
62. The Big Maladex Announcement is going down today (September 28) at 9pm CET! https://twitter.com/CardanoMaladex/status/1574806140667318272
63. Cardano turned five years old today (September 27). https://twitter.com/InputOutputHK/status/1574830244044967961
64. FutureFest has an event happening on September 29th opening at 7pm Eastern. https://twitter.com/futurefestxr/status/1574534528193863680
65. Watch Charles straight destroy Ryan Selkis’s weak questions in this on-stage interview at Messari’s Mainnet conference. https://youtu.be/nJXoZhk_xA0
66. Adam Dean is releasing GateKeeper which is an open source tool to prove ownership of Cardano native assets at IRL events. Looks like a great way to manage Cardano event tickets. https://twitter.com/adamKDean/status/1574936617319510016
67. The CTFTC has served process on the entirety of a DAO. If someone doesn’t respond in the next 20 days or so, the CFTC may win default judgment against the DAO. This may affect how people perceive the “DAO as regulatory shield” concept. https://www.cftc.gov/PressRoom/PressReleases/8590-22 https://twitter.com/lex_node/status/1574903583132327951 https://github.com/LeXpunK-Army/Crypto-CaseLaw/tree/main/bZx%20DAO%20Case
68. Maladex has arrived and it has been rebranded as AXO. AXO’s programmable swaps are a whole different level in trading platform mechanics. You haven’t seen this before. https://www.axo.trade
69. REACH is giving us a sneak peek at their metaverse lands which go on sale for condo owners on September 30th. https://twitter.com/ReachMetaverse/status/1575303742324445189
70. Virtua drops a video on how to grab a parcel in the land claim event in the coming days. https://youtu.be/vmK9JjbSDJE
71. Virtua has released a more detailed schedule for the land claim event. https://twitter.com/VirtuaMetaverse/status/1575545948389879808
72. It looks like MuesliSwap is experiencing a 10x space savings at half the cost on transactions since Vasil. https://twitter.com/IOHK_Charles/status/1575506087390105603
73. The Reach Land Event for Condo Owners starts tomorrow at 10am EST. https://twitter.com/ReachMetaverse/status/1575519744475779072
74. EUTXO.org v2 will show us the crazy “transactions per transactions” capabilities of Cardano. https://twitter.com/oravecpeter/status/1575253289473609741
75. Looks like the Emurgo Cardano Pool Party in Singapore for Token2049 went off well. https://www.instagram.com/stories/emurgo_io/2938040734586369927/
76. Don’t forget that FutureFest’s Yummi Island event will be continuing today (Sept. 30). https://twitter.com/YummiUniverse/status/1574534283213131776
77. Virtua released a new Cardano Island Map Guide. https://youtu.be/YvXrl5-C1b8
78. Looks like Ardana has open sourced all of its repositories. https://twitter.com/astroboysoup/status/1576358599994982400
79. Looks like Spy Village in Virtua’s Cardano Island is shaping up nicely with lots of plots already claimed. https://twitter.com/VirtuaMetaverse/status/1576643408822927360
80. Shocker! Solana experienced another outage. Meanwhile, Cardano is running smoothly like usual. https://twitter.com/SolanaStatus/status/1576010340248084481
81. The rest of crypto is noticing the giant reduction in Cardano transaction fees and blockspace used in the post-Vasil era. https://twitter.com/michaelwrub/status/1576587335613157377
82. Summon Platform will enable fee-less voting on Cardano this month. https://twitter.com/Welikethetrees/status/157660277653610905
83. Charles drops the most detailed and comprehensive look at Basho Cardano’s ever seen. https://www.youtube.com/watch?v=fhVo-2QUjLM
84. World Mobile has partnered with Immunify Life. https://twitter.com/WorldMobileTeam/status/1576953985973592065
85. The Eternl fiat on-ramp is now live with a “Buy ADA” button directly in the wallet. https://twitter.com/eternlwallet/status/1576939519290769409
86. The SEC has charged Kim Kardashian with failing to disclose that she was paid to promote a crypto project. She is settling the charges by paying a $1.26 million fine. https://www.sec.gov/news/press-release/2022-183
87. Here’s one transaction that moved 77 assets in a few seconds for about 12 cents. Cardano is an amazing network! https://twitter.com/OfficialNID0/status/157672148878665318
88. The court has ruled that the CFTC can serve the Ooki DAO members via forum post and help chat box. https://www.coindesk.com/policy/2022/10/03/court-rules-cftc-legally-served-ooki-dao-through-help-bot/
89. It looks like the first live event in Pavia Plaza will be end of this month (October) or in early November! https://twitter.com/Pavia_io/status/1577211404251066369
90. The Ethereum community is debating whether Ethereum is really Ethereum anymore. Time for Cardano to shine. https://twitter.com/Delphi_Digital/status/1577327981281923073 https://twitter.com/lex_node/status/1577356275872055301
91. There’s a new documentary coming out this week on the founding of Coinbase. I think this will do a lot to humanize Brian Armstrong for the crypto community. https://youtu.be/OXK5XKSxD1E
92. The Virtua Cardano Island land claim event kicked off its final stage today. It looks like the map has filled out very nicely! https://claim.virtua.com/
93. Governance is heating up in Cardano. The Indigo DAO Constitution Temperature Check has begun. https://forum.indigoprotocol.io/t/proposal-for-indigo-dao-constitution/11110
94. Here’s a new source of information on Cardano dApps and how much activity they are servicing. https://dappsoncardano.com/ https://twitter.com/matiwinnetou/status/1577389413889458177
95. MuesliSwap v2 is launching today (October 5th). https://twitter.com/MuesliSwapTeam/status/1577381317401903104

~Army of Spies