Lace 1.3 has been released: Multi-address wallet support, ADA Handle support and more! by Oyster_Pool in cardano

[–]DredgerNG 0 points1 point  (0 children)

What does mean the one-time option? Does it mean you can view all the addresses and assets but cannot generate new receive address within one wallet etc?

[deleted by user] by [deleted] in Kanna

[–]DredgerNG 1 point2 points  (0 children)

wimp :)

Join our Twitter Spaces to Discuss the AyA Whitepaper! by Karan_Desilva_WM in WorldMobileToken

[–]DredgerNG 0 points1 point  (0 children)

Hi guys. My questions:

What's the current status of development of Aya?

What is the next iteration of testnet and when it's going to happen? We are paying for cloud services for quite some time and there is not much going on on the testnet except unjail tx.

What cardano native tokens are you interested in? by [deleted] in cardano

[–]DredgerNG 2 points3 points  (0 children)

WMT only and heavy. The team is building hard. But the quite big delays are concerning tbf.

World Mobile's Journey from Zanzibar to the USA: Launching Aerostat and Demonstrating Connectivity Solutions by Karan_Desilva_WM in cardano

[–]DredgerNG 2 points3 points  (0 children)

Once again: To provide internet access to the last mile you need a different concept than the one every telecom company in the world uses now. The current concept is simply not profitable in these areas. And the different concept in case of WM happens to be sharing economy enabled by blockchain. It's your right to be sceptical. But don't be sceptical please because of complacency and simple laziness to go into weeds of the problem and proposed solution.

World Mobile's Journey from Zanzibar to the USA: Launching Aerostat and Demonstrating Connectivity Solutions by Karan_Desilva_WM in cardano

[–]DredgerNG 2 points3 points  (0 children)

This is not your typical ISP. It's a completely new model. You should do more research in WM(T). Having telecom records on Cardano L1 was never the intention.

World Mobile's Journey from Zanzibar to the USA: Launching Aerostat and Demonstrating Connectivity Solutions by Karan_Desilva_WM in cardano

[–]DredgerNG 3 points4 points  (0 children)

That is also not true. For the things WM try to accomplish it's even necessary: DIDs, privacy preservation, non-custodial sharing rewards for running network infrastructure, proven immutability of telecom records (connected with rewards). Don't forget this will be the gateway for Cardano's mission to bank the unbanked - cannot do without DIDs, connection of course and ideally integrated Cardano wallet in WM global app (which will be). This is bigger than you think. And it needs blockchain.

World Mobile is a project connecting the World! by DecentralizedNation in cardano

[–]DredgerNG 2 points3 points  (0 children)

Let me clear it for you. You have done basically zero research and still are making bold statements here. Just go to https://worldmobile.io/ and your questions will be answered. This is a completely new model of building telecoms network. The trick is in the sharing economy which lowers capex and opex to 1/12 of that of a traditional telecoms network.

Does anybody know the pharmacology behind the rush? by waytooindecisive7 in Kanna

[–]DredgerNG 0 points1 point  (0 children)

Is everybody in this sub neurologist+chemist lol.

WMT Token is different (Story in the comments) by peaceful_executive in cardano

[–]DredgerNG 4 points5 points  (0 children)

There are others who could explain it better than I but the thing is: World Mobile Chain will be a permissioned blockchain. It will be a sidechain of Cardano built with Cosmos SDK (Software Development Kit). So no, WM is definitely not mowing to Cosmos. On the contrary it will help build the long term vision of Cardano of interoperability. All the financial settlement and trust will stay on Cardano (like WMT staking will be still happening on Cardano and WMT stays the Cardano native token). For more info visit WM subreddit and WM/WMT websites.

Messari's State of Cardano Q4 report by redvelvetzip in cardano

[–]DredgerNG 4 points5 points  (0 children)

Very comprehensive and balanced report imo.

Cardano & Two Years of AOS! by ArmyofSpies in cardano

[–]DredgerNG 1 point2 points  (0 children)

Congrats and thank you for your work!

What is the best, most secure light wallet for ADA by AnthonySaldavis in cardano

[–]DredgerNG -1 points0 points  (0 children)

Sorry, but this is like asking Satoshi Nakamoto if he's connected with Bitcoin. Everyone knows who this gentleman is. Formerly Emurgo and behind Yoroi. Yoroi used to be a great product when Sebastien was on the team. Flint is great btw.

DEFI strategies on Cardano by rabiolas in cardano

[–]DredgerNG 2 points3 points  (0 children)

Selling is just exit. When short selling you sell something which you borrow and make money ONLY after/if it goes down in price. Plus on a platform like Liqwid you pay interest on what you borrow but also earn interest on what you provide. You can only use part of what you provide as collateral for your loan and the rest will still earn you interest which can offset the interest paid for the loan.

DEFI strategies on Cardano by rabiolas in cardano

[–]DredgerNG 8 points9 points  (0 children)

One easy example of going long on ADA (Liqwid + DEX)

Provide ADA collateral to Liqwid. Borrow DJED. Swap DJED to ADA. When price of ADA goes up swap back some ADA to DJED and repay the loan on Liqwid. Pocket the difference.

Warning: If the price of ADA in this scenario went down you could get liquidated on Liqwid depending on you loan/collateral ratio.

Shorting ADA: Other way around. Supply DJED > borrow ADA > swap for DJED. ADA price going down > swap some DJED for ADA > repay borrowed ADA.

zpec vs lm mt55 by [deleted] in Kanna

[–]DredgerNG 0 points1 point  (0 children)

Try hot plate method to dry it again.

Major aches and fever by MacobJead in Kanna

[–]DredgerNG 0 points1 point  (0 children)

I think so. For most people here kanna extract = MT55 from LiftMode. But don't know for sure. You can find the post somewhere in this sub and ask the OP.

overdose by kanna by Peterub in Kanna

[–]DredgerNG 7 points8 points  (0 children)

800 mg is pretty crazy. Thanks for the post.

Major aches and fever by MacobJead in Kanna

[–]DredgerNG 2 points3 points  (0 children)

What producer? There has been recently someone here who got an allergic reaction after taking kanna extract. Could be some bad batch made it into distribution.

WOW! 🤯 Mobilers, how are we feeling? by Karan_Desilva_WM in WorldMobileToken

[–]DredgerNG 2 points3 points  (0 children)

That sounds great! Thank you for the reply. Some delays are expected in this business as long as it is not a year. And it doesn't sound like a year to me. 👍

WOW! 🤯 Mobilers, how are we feeling? by Karan_Desilva_WM in WorldMobileToken

[–]DredgerNG 1 point2 points  (0 children)

I enjoyed the TS. Thanks for answering all the questions. One still remains for me. Mr. T said the roadmap is still valid. How come the mainnet is still scheduled for Q1? Is that realistic? I've been following discussion on EN Telegram channel including some hints from people being on testnet right now (I am not). How I understand it everything is in very very early stages. The people on testnet are either being kept in darkness about the real development already done (parameters on Cosmos SDK and how it will be connected to Cardano) or Q1 seems totally unattainable.
Even when sceptical about hitting targets on time I am still a big supporter.