39 thoughts on “Growth, Strategy, and Electric Capital”
thank for ita!
I like your little robot in the background, just under your chalk board. 🤖
Gracias Charles ….great video …..again!
When is ADA goin to $2 again, charles?
Well explained video Charles
USDC and interoperability ! 🙏🏻🚀
@Charles Hoskinson the time has come.. YOU (no one else) 'need' to throw $$$'s into marketing the product you have placed so much T_I_M_E_ into.. assuming YOU truly believe in C A R D A N O . . . ^_^
thanks for the video Charles!
Stake pools are our USP. News magazines should own a stake pool, Snoop Dogg should own a stake pool, Dojo Cat should own a stake pool
What about intersect?
🎯 Key Takeaways for quick navigation:
00:00 🌐 Introduction and Overview – Charles Hoskinson introduces the video, discussing the unique aspects of the year and the growth expected in the Cardano ecosystem. – Highlights the importance of organizing thinking as a community. – Mentions the transition to the age of Voltaire, emphasizing three pillars: democratic consent, institutions, and constitutional representation. 03:12 📊 Analyzing Developer Report and Strategic Steer – Examines the Electric Capital developer report, focusing on key statistics like the number of full-time developers and monthly active developers. – Discusses the importance of strategic steer and mentions Ethereum's strong connections compared to Cardano. – Introduces the partner chain strategy, emphasizing blockchain-to-blockchain sales and hybrid applications as a way to increase Cardano's connections. 05:32 🤝 Partner Chain Strategies – Explores the concept of a Cardano service layer and partner chain framework. – Describes the idea of hybrid applications, where Cardano secures and sells services to other blockchain applications. – Discusses embracing Parity Substrate as part of the partner chain framework to establish connections with other blockchain ecosystems. 07:08 🔄 Decentralization, Ecosystem Value, and Developer Activity – Addresses the importance of decentralization as a metric, often overlooked by venture capitalists. – Introduces the notion of ecosystem value and the challenges of applying fundamental analysis to blockchain protocols. – Discusses the relationship between developer activity, idea flow, and the need for better connection points in the Cardano ecosystem. 09:54 💡 Institutional Role and Budget Discussions – Emphasizes the role of institutions in facilitating discussions and translating community concerns into actionable strategies. – Discusses the power of budgets in reflecting priorities and decision-making. – Highlights Intersect's role in proposing a budget for the Cardano ecosystem and the open nature of the budgeting process. 13:20 📈 Electric Capital Developer Report Analysis – Discusses the Electric Capital developer report by Electric Capital, noting both positive aspects and areas for improvement. – Encourages the community to critically evaluate the content, separating accurate information from inaccuracies and inconvenient truths. – Highlights the importance of intellectual honesty in assessing the current state and future trajectory of the Cardano ecosystem. 17:17 ⚖️ Trade-offs in Next Generation Features – Explores the engineering dilemma of balancing cost, quality, and time in developing Next Generation features. – Discusses the Cardano workflow that has contributed to the stability and growth of the ecosystem. – Raises questions about the rate of innovation, trade-offs, and the balance between careful deliberation and faster implementation. 20:04 🛠️ Protocol Development Challenges – Discussion on the challenges in developing protocols. – Prototyping and elevating the Software Readiness Level (SRL). – Questions about the SRL required for a team to accept a fixed-cost contract. 21:12 🌐 Cardano's Development and Governance – Cardano development transition to committees and intersect. – Committees' role in defining the vision and roadmap. – Governance structure and the role of SIP process. 23:31 🚀 Cardano's Growth and Future – Transition from the year of the product roadmap to broader discussions. – Topics include ecosystem growth, education, marketing, and adoption. – Exploring organizational structures for future growth and defense. 25:31 🗳️ Onchain Governance Advantage – Cardano's advantage in onchain governance over Bitcoin and Ethereum. – The ability to self-reflect and innovate through governance. – The importance of a well-formed government for long-term success. 27:53 ⚖️ Constitutional Committee and Governance Evolution – Introduction to the Constitutional Committee and its constraints. – Algorithmically defined governance and the goal of 100% onchain governance. – Balancing wet code and dry code in governance principles. 29:32 🔄 Self-Amending Ledgers and Cardano's Governance – Cardano as a self-amending game in terms of governance. – The community's role in decision-making and upgrading the system. – Emphasis on the uniqueness of onchain governance and its impact on community quality. 31:11 🧠 Strengthening Governance Muscle – The focus on strengthening governance capabilities over the years. – Making better decisions, agility, and certainty through governance. – The inevitability of technology commoditization but the uniqueness of governance. 33:01 🌍 Cardano's Impact on Society – Cardano's potential to change the rules of societal structures. – Hope for a better society through fair rules and intrinsic accountability. – Acknowledgment of the special role of blockchain protocols in human evolution.
Made with HARPA AI
Anyone here know how to code and knows Cardano? We need Cardano people to get ADA listed on DCRDEX, which is an autonomous, immutable, cross-chain, self-custodial dex.
Charles, now that you finally realize that institutions are here officially, you wonder what can be improved for Cardano in order to start competing with other chains? Maybe time to wake up and slightly shift away from the ultra scientific approach of 24/7 peer reviewed papers and start making products / services that people would actually use TODAY and in parallel keep on doing what you guys are already doing. The Cardano ecosystem is useless to the masses if you keep the focus always on the highly academic community.
👍
Hey charles m very much disappointed on you i invested in ada only for a reason that you will never. Let the project down..and now days what is use of ada. Why still there is no improvement in price of ada…what about comunity…who trusted and invested in ada..when we will get repay for our patience of many years..why u dont think about price..the price of ada is the one which matters for the investors and you are failing to maintain or increase the value of ada..in some time all investors will lose faith in the project do something before it gets too late..do the necessary things which will attract more investors and hopefully do something for them who has been standing with you from the birth of project pay them for thier faith and patience…
Thanks Charles. As always very well explained. Cardano is in a very good place!
The example of education vs proxy war in Ukraine is not useful. Information for education is vastly less expensive than the physical materials needed for a nation's defense.
Big moves need to happen 2024-2025. 🎉
The number of developers is too small compared to Polka Dot Solana
If the governance doesn't have a killer app to run it it's going to fail. Really we need a wallet that has I'd, nft, staking and governance all in the wallet
Prior to the 2023 Cardano Summit, Charles said that Cardano “is going for number one”. But he didn’t say how ! ? Please elaborate !
USDM March 16th ! XRP will win vs. the SEC this summer ! Cardano governance Hard Fork coming soon ! Midnight ! Dust tokens airdrop ! Bitcoin Halving !
Wnhen willyou be done Charles .. You do too long ,
Prison soon?
🎉🎉🎉
We definiately need CNT listings on major exchanges.
Anybody notice ADA price trending up when BTC was trending down?
Nothing wrong with a little self-assured naivete–except that derivatives, in this case, of BTC are a proven disaster; and a way to control the price not stabilize it…
Clear and concise, Charles! The inherent value of Cardano (ada) stands head and shoulders above the VC-backed, centralized hyped coins like Solana. Cardano's commitment to intrinsic value not only sets it apart but also establishes a foundation for long-term reliability, a notable contrast to the often overhyped and centralized alternatives in the current landscape.
we need Cardano to be the leader in AI.
USDC?
If you don't beat Ethereum in market capitalization, can you say you beat Ethereum? When are you going to beat Ethereum?
I hope ❤
👍👍👍
Stop dumping ADA charles
10:15. ‘The US government in 2023 spent approximately $66B on education but spent nearly twice that on funding a proxy war in Ukraine’. This is surely unacceptable.
Polkadot supports solidity for smart contracts – it’s not surprising that there is such a large overlap between Ethereum and Polkadot developers. As far as I remember, there was a plan to fully support solidity in Cardano. To my shame, I don’t know how things are going with this. Of course, we would like to attract Ethereum developers to Cardano, but without solidity support this is an uphill battle.
The success of networks is measured by defi indicators, but all defi are just tools of speculation. The real purpose of blockchain is to help simple producers such as bakers. A baker should not speculate, should not study technical analysis, he should spend his time better baking buns. Crypto-lending is useless for him due to the risk of liquidations. Baker shouldn't invest money in another Terra Luna – an algorithmic stablecoin doomed to collapse by design.
What can really help a baker is a project like Wold Mobile: finding customers and suppliers (although I don’t have their tokens… I considered minswap more promising in terms of profit…). I haven’t seen projects like World Mobile on other blockchains (but to be honest, I haven’t really looked into it). In my Realfi measure, Cardano is infinitely more valuable than other blockchains. Because it's World Mobile versus 0.
But as they say: to live with wolves you have to howl like a wolf. People like Defi, they find it exciting… So Cardano also needs defi so that there is a constant influx of new people. Although in fact the numbers of defi is a measure of cannibalism. All these defi tools are used for speculation, and speculation takes money away from newcomers to the crypto industry… But people like it… exciting cannibalism. This is society, we need to conform or we will remain on the sidelines.
Amen to the vision of the world. Unfortunately a lot more blood and lives lost on the path to a brighter future.
Thanks for what you do.
So many don't understand the extra time and effort that goes into creating a solid and robust foundation (in any aspect of life). And what they understand even less about Cardano's discipline and efforts , but will be forced to later, is that after "suffering" through the building of such a foundation, further evolution will come more easily and much faster. And all of the current high-level discipline demanded on the front end will be seasoned discipline going into the future. Ethereum, on the other hand, didn't seem so interested in such a degree of discipline and standards, and now they frequently pay the price from getting out too far ahead of themselves. Going retro on discipline and standards is essentially impossible, with little to no opportunity to go back; not when you have band-aid coding cementing barriers as you move along. At some point, good luck to the other projects trying to keep up.
thank for ita!
I like your little robot in the background, just under your chalk board. 🤖
Gracias Charles ….great video …..again!
When is ADA goin to $2 again, charles?
Well explained video Charles
USDC and interoperability ! 🙏🏻🚀
@Charles Hoskinson the time has come.. YOU (no one else) 'need' to throw $$$'s into marketing the product you have placed so much T_I_M_E_ into.. assuming YOU truly believe in C A R D A N O . . . ^_^
thanks for the video Charles!
Stake pools are our USP.
News magazines should own a stake pool, Snoop Dogg should own a stake pool, Dojo Cat should own a stake pool
What about intersect?
🎯 Key Takeaways for quick navigation:
00:00 🌐 Introduction and Overview
– Charles Hoskinson introduces the video, discussing the unique aspects of the year and the growth expected in the Cardano ecosystem.
– Highlights the importance of organizing thinking as a community.
– Mentions the transition to the age of Voltaire, emphasizing three pillars: democratic consent, institutions, and constitutional representation.
03:12 📊 Analyzing Developer Report and Strategic Steer
– Examines the Electric Capital developer report, focusing on key statistics like the number of full-time developers and monthly active developers.
– Discusses the importance of strategic steer and mentions Ethereum's strong connections compared to Cardano.
– Introduces the partner chain strategy, emphasizing blockchain-to-blockchain sales and hybrid applications as a way to increase Cardano's connections.
05:32 🤝 Partner Chain Strategies
– Explores the concept of a Cardano service layer and partner chain framework.
– Describes the idea of hybrid applications, where Cardano secures and sells services to other blockchain applications.
– Discusses embracing Parity Substrate as part of the partner chain framework to establish connections with other blockchain ecosystems.
07:08 🔄 Decentralization, Ecosystem Value, and Developer Activity
– Addresses the importance of decentralization as a metric, often overlooked by venture capitalists.
– Introduces the notion of ecosystem value and the challenges of applying fundamental analysis to blockchain protocols.
– Discusses the relationship between developer activity, idea flow, and the need for better connection points in the Cardano ecosystem.
09:54 💡 Institutional Role and Budget Discussions
– Emphasizes the role of institutions in facilitating discussions and translating community concerns into actionable strategies.
– Discusses the power of budgets in reflecting priorities and decision-making.
– Highlights Intersect's role in proposing a budget for the Cardano ecosystem and the open nature of the budgeting process.
13:20 📈 Electric Capital Developer Report Analysis
– Discusses the Electric Capital developer report by Electric Capital, noting both positive aspects and areas for improvement.
– Encourages the community to critically evaluate the content, separating accurate information from inaccuracies and inconvenient truths.
– Highlights the importance of intellectual honesty in assessing the current state and future trajectory of the Cardano ecosystem.
17:17 ⚖️ Trade-offs in Next Generation Features
– Explores the engineering dilemma of balancing cost, quality, and time in developing Next Generation features.
– Discusses the Cardano workflow that has contributed to the stability and growth of the ecosystem.
– Raises questions about the rate of innovation, trade-offs, and the balance between careful deliberation and faster implementation.
20:04 🛠️ Protocol Development Challenges
– Discussion on the challenges in developing protocols.
– Prototyping and elevating the Software Readiness Level (SRL).
– Questions about the SRL required for a team to accept a fixed-cost contract.
21:12 🌐 Cardano's Development and Governance
– Cardano development transition to committees and intersect.
– Committees' role in defining the vision and roadmap.
– Governance structure and the role of SIP process.
23:31 🚀 Cardano's Growth and Future
– Transition from the year of the product roadmap to broader discussions.
– Topics include ecosystem growth, education, marketing, and adoption.
– Exploring organizational structures for future growth and defense.
25:31 🗳️ Onchain Governance Advantage
– Cardano's advantage in onchain governance over Bitcoin and Ethereum.
– The ability to self-reflect and innovate through governance.
– The importance of a well-formed government for long-term success.
27:53 ⚖️ Constitutional Committee and Governance Evolution
– Introduction to the Constitutional Committee and its constraints.
– Algorithmically defined governance and the goal of 100% onchain governance.
– Balancing wet code and dry code in governance principles.
29:32 🔄 Self-Amending Ledgers and Cardano's Governance
– Cardano as a self-amending game in terms of governance.
– The community's role in decision-making and upgrading the system.
– Emphasis on the uniqueness of onchain governance and its impact on community quality.
31:11 🧠 Strengthening Governance Muscle
– The focus on strengthening governance capabilities over the years.
– Making better decisions, agility, and certainty through governance.
– The inevitability of technology commoditization but the uniqueness of governance.
33:01 🌍 Cardano's Impact on Society
– Cardano's potential to change the rules of societal structures.
– Hope for a better society through fair rules and intrinsic accountability.
– Acknowledgment of the special role of blockchain protocols in human evolution.
Made with HARPA AI
Anyone here know how to code and knows Cardano? We need Cardano people to get ADA listed on DCRDEX, which is an autonomous, immutable, cross-chain, self-custodial dex.
Charles, now that you finally realize that institutions are here officially, you wonder what can be improved for Cardano in order to start competing with other chains? Maybe time to wake up and slightly shift away from the ultra scientific approach of 24/7 peer reviewed papers and start making products / services that people would actually use TODAY and in parallel keep on doing what you guys are already doing. The Cardano ecosystem is useless to the masses if you keep the focus always on the highly academic community.
👍
Hey charles m very much disappointed on you i invested in ada only for a reason that you will never. Let the project down..and now days what is use of ada. Why still there is no improvement in price of ada…what about comunity…who trusted and invested in ada..when we will get repay for our patience of many years..why u dont think about price..the price of ada is the one which matters for the investors and you are failing to maintain or increase the value of ada..in some time all investors will lose faith in the project do something before it gets too late..do the necessary things which will attract more investors and hopefully do something for them who has been standing with you from the birth of project pay them for thier faith and patience…
Thanks Charles. As always very well explained. Cardano is in a very good place!
The example of education vs proxy war in Ukraine is not useful. Information for education is vastly less expensive than the physical materials needed for a nation's defense.
Big moves need to happen 2024-2025. 🎉
The number of developers is too small compared to Polka Dot Solana
If the governance doesn't have a killer app to run it it's going to fail. Really we need a wallet that has I'd, nft, staking and governance all in the wallet
Prior to the 2023 Cardano Summit, Charles said that Cardano “is going for number one”.
But he didn’t say how ! ? Please elaborate !
USDM March 16th !
XRP will win vs. the SEC this summer !
Cardano governance Hard Fork coming soon !
Midnight !
Dust tokens airdrop !
Bitcoin Halving !
Wnhen willyou be done Charles ..
You do too long ,
Prison soon?
🎉🎉🎉
We definiately need CNT listings on major exchanges.
Anybody notice ADA price trending up when BTC was trending down?
Nothing wrong with a little self-assured naivete–except that derivatives, in this case, of BTC are a proven disaster; and a way to control the price not stabilize it…
Clear and concise, Charles! The inherent value of Cardano (ada) stands head and shoulders above the VC-backed, centralized hyped coins like Solana. Cardano's commitment to intrinsic value not only sets it apart but also establishes a foundation for long-term reliability, a notable contrast to the often overhyped and centralized alternatives in the current landscape.
we need Cardano to be the leader in AI.
USDC?
If you don't beat Ethereum in market capitalization, can you say you beat Ethereum? When are you going to beat Ethereum?
I hope ❤
👍👍👍
Stop dumping ADA charles
10:15. ‘The US government in 2023 spent approximately $66B on education but spent nearly twice that on funding a proxy war in Ukraine’. This is surely unacceptable.
Polkadot supports solidity for smart contracts – it’s not surprising that there is such a large overlap between Ethereum and Polkadot developers. As far as I remember, there was a plan to fully support solidity in Cardano. To my shame, I don’t know how things are going with this. Of course, we would like to attract Ethereum developers to Cardano, but without solidity support this is an uphill battle.
The success of networks is measured by defi indicators, but all defi are just tools of speculation. The real purpose of blockchain is to help simple producers such as bakers. A baker should not speculate, should not study technical analysis, he should spend his time better baking buns. Crypto-lending is useless for him due to the risk of liquidations. Baker shouldn't invest money in another Terra Luna – an algorithmic stablecoin doomed to collapse by design.
What can really help a baker is a project like Wold Mobile: finding customers and suppliers (although I don’t have their tokens… I considered minswap more promising in terms of profit…). I haven’t seen projects like World Mobile on other blockchains (but to be honest, I haven’t really looked into it). In my Realfi measure, Cardano is infinitely more valuable than other blockchains. Because it's World Mobile versus 0.
But as they say: to live with wolves you have to howl like a wolf. People like Defi, they find it exciting… So Cardano also needs defi so that there is a constant influx of new people. Although in fact the numbers of defi is a measure of cannibalism. All these defi tools are used for speculation, and speculation takes money away from newcomers to the crypto industry… But people like it… exciting cannibalism. This is society, we need to conform or we will remain on the sidelines.
Amen to the vision of the world. Unfortunately a lot more blood and lives lost on the path to a brighter future.
Thanks for what you do.
So many don't understand the extra time and effort that goes into creating a solid and robust foundation (in any aspect of life). And what they understand even less about Cardano's discipline and efforts , but will be forced to later, is that after "suffering" through the building of such a foundation, further evolution will come more easily and much faster. And all of the current high-level discipline demanded on the front end will be seasoned discipline going into the future. Ethereum, on the other hand, didn't seem so interested in such a degree of discipline and standards, and now they frequently pay the price from getting out too far ahead of themselves. Going retro on discipline and standards is essentially impossible, with little to no opportunity to go back; not when you have band-aid coding cementing barriers as you move along. At some point, good luck to the other projects trying to keep up.