cross-posted from: https://infosec.pub/post/17011376

Decentralized governance starts now for Cardano.

The first-ever fully decentralized governance system for use in upgrades and hard forks. THIS IS HUGE and it will only evolve in a community-controlled decentralized manner from here on out.

    • demesisxOP
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      3 months ago

      🥱

      Did you want to talk about tech at all?

      Is crypto just empty speculation for you?

      A small rant:

      Cardano has no mainstream adoption in a bull market. The price reflects that. I’m a Cardano/DApp dev and honestly, I’m not sure I mind. There’s a lot to be done before crypto in general is being used by normal people for things that matter to them.

      Ethereum and BTC enjoy the benefit of major institutional investment behind them. They don’t do anything but store value at the moment. But this investment keeps their price at parity with the S&P 500 for the most part. Again, I don’t mind but that’s not what adoption looks like, IMO. Especially in ETH’s case where it has some intended utility further than a digital store of value.

      I’d rather this tech is developed methodically and quietly. If Cardano does innovate in some major way, it will catch on. If it doesn’t, whoever does will catch on and ADA will continue to be a stablecoin. May the best tech win and let’s stop worrying about price.


      I like it better when we can just roll up our sleeves and guide this technology. People who mention price as some way to dunk on a project miss the point entirely of 3rd generation crypto.

      A decentralized ecosystem where one wallet is one vote is a pretty powerful thing never achieved in this space. This is a world first and you’re sitting here dunking on the price. This, IMO, is a moment that Satoshi would be proud of. A moment where Charles isn’t the benevolent (and sometimes flamboyantly controversial and putrid right wing libertarian) dictator anymore. It is now handed over to the community.

      Hard forks will now be decided entirely by decentralized vote. A world first.