LiberLion @Cardano

 Sharing a message from Amir here, worth reading: I've tried to think many times what the future of money or economics looks like. When you are trapped within a system, it's hard to escape its mental gravity, in the same way the soviet citizens lived in a state of 'hyper-normalisation'. They had grown up in the system and couldn't imagine any other form of existence which made their escape much harder. For this I find it often helpful to turn to history, such as the origins of finance in mesopotamia (see Werner for example), or history of technology. The Sovereign Individual written in 1997 argues that cryptocurrency will lead to the demise of the nation-state, decisively undermining its ability to extract wealth from society. Together with Cryptonomicon (which I plan to read next), these are are fundamental historical crypto-anarchist texts. The book argues history from the perspective of purely material forces which through this lens it arrives to many interesting...

He mudado mi artículo a mi blog de https://liberlion.medium.com/session-messenger-revisi%C3%B3n-d9e89decdcf1 Allí incluiré más notas sobre privacidad. Gracias.

It might be thought that a pool with a low percentage of variable fee is more favorable to the stakers, however, it is not so. In fact, the difference in variable margin translates into a very small impact for the staker, but an equitable margin allows pool operators to invest in infrastructure, security, which is beneficial to their stakers. In fact, it is likely that a very low-margin pool will subsidize its costs through alternative revenues, or will simply spend the minimum time and effort managing its pool, which translates into a detriment to its stakers and to the Cardano network, in short. Of course, to evaluate the choice of a pool there are other variables to consider such as pledge, amount of delegation and saturation. I will use an applied example to show the impact of the variable commission. I consider a total participation of 40 million ADA and an average ROA (return on ADA) of 5.5% per year, with a fixed fee at a minimum of 340 ADA per season. The three ...

Se podría pensar que un pool con un bajo porcentaje de comisión variable (variable fee)   es más favorable a los delegantes, sin embargo, no es tan así. En realidad, la diferencia de margen variable se traduce en un impacto muy pequeño para el delegante, pero un margen equitativo permite a los operadores de un pool invertir en infraestructura, seguridad, que resulta beneficioso a sus delegantes. De hecho, es probable que un pool de muy bajo margen subvencione sus costos mediante ingresos alternativos, o que simplemente dedique el mínimo tiempo y esfuerzo a la gestión de su pool, lo que se traduce en un perjuicio para sus delegantes y para la red Cardano, en definitiva. Por supuesto, que para evaluar la elección de un pool hay otras variables a considerar como el pledge, la cantidad de delegación y la saturación. Usaré un ejemplo aplicado para mostrar el impacto de la comisión variable. Considero una participación total de 40 millones de ADA y un ROA promedio (rendimient...

The autonomy of the Cardano blockchain is based on governance. The Voltaire era of Cardano will provide the necessary tool for the network to become a self-sufficient system. The voting and treasury system will allow network participants to exercise their voting rights to influence development. With the voting and treasury system, Cardano will be decentralized and its future will be in the hands of the community. The Voltaire era adds the ability for network participants to submit proposals for improvements to Cardano (CIP) so that they can be voted on, taking advantage of the already existing process of participation and delegation. The treasury system consists of allocating a fraction of all transaction fees to a fund to develop the voted proposals. What are CIPs? CIPs, Cardano Improvement proposals, are documents that are formally presented to the Cardano community and members of its ecosystem, describing new features or processes. They must contain the technical specifications for ...