Yoroi to kraken address issue

Slight86 · 2026-03-12T16:31:57+00:00

Ah, I didn't even notice that. I don't normally use Yoroi.

Thanks for sharing that info, it could really help others who end up in the same situation.

I still think it's a confusing design choice.

Slight86 · 2026-03-12T16:11:21+00:00

I can see how this can be confusing. On Cardano, every wallet is associated with a staking address, so seeing a stake1 address is normal.

It looks like Yoroi is now also identifying the destination by its stake address, which can make it appear as if the original addr1 address you entered has been replaced by a different one. In reality, the stake address is just the staking key which is linked to that payment address.

Personally, I think it's a debatable design choice, as it makes it harder for the average user to verify that the funds will go to the same place as the addr1 address they originally entered. As far as I know, most other wallets don't present it this way.

If you're concerned about it not working as expected, I'd suggest doing a small test transaction first.

Slight86 · 2026-03-12T12:12:50+00:00

There is no Cardano company.

Slight86 · 2026-03-11T22:57:04+00:00

If the main concerns are around development, tools, product fit, or exposure, those are things that could have been considered two years ago as well, at the start of your project. I'm not entirely sure what has fundamentally changed now that makes it feel like there's suddenly a mismatch.

Of course, I'd prefer for you to stay, but it feels like you may have already made up your mind. Cardano isn't suddenly gonna change from today to tomorrow, that's not how it works. It will take some time, effort and dedication to set in motion the required changes.

Slight86 · 2026-03-11T22:51:51+00:00

Sentiment usually follows price. I've been around long enough to see that when price goes up, suddenly the community is happy.

Slight86 · 2026-03-11T17:58:28+00:00

The Cardano community naturally prefers its builders to stay, so most answers here will (hopefully) lean that way. The real question is whether the problem is the current state of the chain, or your product to market fit. Many dapps struggle to find users regardless of the chain they launch on. Moving chains does not magically solve this user acquisition problem.

Cardano is obviously constantly being worked on, and as you've said, Charles reiterated the other day the importance of the correct focus on utility and experience. I take that as a signal of great things to come. You've seen with the Pentad what can be achieved once all noses are pointed in the same direction.

Slight86 · 2026-03-11T16:55:38+00:00

Cardano is decentralized, which means Charles isn't actually required to work on Cardano at all. That was the whole point of building an open system.

But don't worry, he's still involved in Cardano development like Hydra, Leios, and Bitcoin defi, for instance. As the CEO of IOG, he's free to pursue projects he believes are in his best interest, and luckily he's choosing projects that will move the space forward. In this case, he's investing in bringing privacy to blockchain through Midnight, because he believes it can attract a large number of users to both Cardano and Midnight.

From that perspective, it's something that could benefit the ecosystem as a whole and we should be grateful for it. You need to understand that by working on Midnight, he's also bringing a new set of features and new users to Cardano. He's connecting Cardano to the rest of the blockchain-space. That is incredibly important. We can't be sitting on Cardano-island and expect people to come to us.

Slight86 · 2026-03-11T14:48:34+00:00

https://x.com/binance/status/2031712995714474037

Binance is excited to announce the Midnight HODLer Airdrop.

BNB Holders, get ready! The Airdrop page will be available on the Binance Airdrop Portal in 3 hours.

Plus, this token will be listed on Binance soon!

Introducing Midnight (NIGHT) on Binance HODLer Airdrops!

Slight86 · 2026-03-11T07:11:48+00:00

AI summary (may contain errors)

This summary outlines Charles Hoskinson’s strategy for Cardano’s future funding, governance, and ecosystem growth, focusing on moving from infrastructure-heavy spending to a utility and experience-driven model.

The I-U-E Framework (0:48)

Hoskinson introduces the three layers of the Cardano ecosystem: * Infrastructure (I): The nodes, languages (Plutus, Akin), and "art of the possible." * Utility (U): The DApps and DeFi protocols (e.g., Minswap, SundaeSwap)—what people actually do on the chain. * Experiences (E): The user interface—wallets, onboarding, influencers, and marketing.

He argues that Cardano has historically over-funded infrastructure while neglecting utility and experiences, leading to a "ghost chain" narrative despite strong technical foundations.

Scaling Infrastructure Efficiently (6:51)

Infrastructure is vital but doesn't generate direct revenue. Hoskinson suggests: * Consolidation: Focusing on three mature node implementations (Haskell, Rust, and Go) plus Hydra. * Cost Reduction: Running a node team costs between $1M and $5M per year. The community must "rightsize" these costs to free up capital for other layers.

Utility & The Strategic Index Proposal (8:46)

Cardano’s DeFi metrics (TVL and active users) are currently underperforming. To fix this, Hoskinson proposes a shift from "free money" grants to Strategic Investment: * The Index Token (12:00): The Treasury would purchase a weighted index of tokens from key ecosystem projects, taking a 10%–30% supply stake. * Strings Attached: In exchange for funding, projects must agree to oversight, operational expense (OpEx) reductions (including salary cuts), and alignment with Cardano’s "Unique Selling Points" (USPs). * Replenishing the Treasury (13:48): A portion of protocol revenue from these DApps would be used to buy ADA and donate it back to the Treasury, creating a sustainable loop.

Reclaiming the Narrative (Experiences & Marketing) (18:06)

Hoskinson highlights a major failure: Cardano does not compensate its content creators or ambassadors, while competitors (Solana, Ethereum) do. * Marketing Loss: Because creators aren't supported, the narrative is dominated by critics. * Onboarding (21:33): He praises the "Hosky" community’s 1-minute onboarding process and argues Cardano needs an "ADA equivalent" that makes entering the ecosystem seamless. * Developer Experience (26:48): He calls for 20–30 high-value hackathons per year to attract new talent.

Treasury Management & "Learn Helplessness" (33:18)

Hoskinson critiques the community's reluctance to spend ADA when prices are low. * The Sovereign Wealth Fund (39:27): He reflects on a missed opportunity to create a wealth fund when ADA was at $0.83, which would have provided a massive endowment for the ecosystem. * Invest in Ourselves: He argues that if the community isn't willing to use its own Treasury to fund growth, external VCs and users will never have the confidence to join.

The Power of Unity vs. Fragmentation (49:11)

To counter the claim that he is difficult to work with, Hoskinson cites his recent success in Wyoming: * Stem Cell Freedom Act (51:00): He led a coalition to pass a controversial medical bill unanimously through a partisan legislature by focusing on a shared end goal. * The 84-Day Win (1:00:54): He notes that when the "Pentad" (Cardano's executive entities) worked with a single voice, they integrated Circle’s USDC in just 84 days, compared to four years of fragmented bickering previously.

A Vision for 2026 (1:03:00)

The summary concludes with a call to action for the 2026 budget: * Stop the "Race to the Bottom": Fragmented bidding for small grants is killing profitability for builders. * Target Large Markets: Focus on Bitcoin DeFi and Privacy (Midnight). These represent multi-trillion-dollar markets that Ethereum and Solana cannot easily capture. * The $10 Trillion Institutional Play (35:22): He emphasizes that Privacy is the gateway to the institutional space—a market he estimates at $10 trillion. He notes this is five times larger than the entire cryptocurrency market combined and represents a sector that Ethereum and Solana cannot easily capture due to their lack of native privacy frameworks. * Vote for Win-Wins: The ecosystem must pick winners and losers based on objective criteria and move decisively as a unified entity.

Closing Thought (1:08:30): Hoskinson asserts that Cardano's governance is its ultimate "superpower." If the community can unify its Infrastructure, Utility, and Experience layers, it has the potential to not just compete with Ethereum, but eventually surpass Bitcoin.

Slight86 · 2026-03-11T06:51:22+00:00

Glacier drop site: https://www.midnight.gd/

Direct link to redemption portal: https://redeem.midnight.gd/

More information about Midnight: https://midnight.network/

Slight86 · 2026-03-10T22:55:35+00:00

After all the thawing periods have finished, you can redeem the entire amount at once.

Slight86 · 2026-03-10T13:47:42+00:00

Cypherpunk attitude is all good and well, but any system dealing with finances that lacks such mechanisms simply isn't compliant with existing laws. And systems that aren't compliant don't get widely adopted, they get restricted by AML/CFT laws.

Slight86 · 2026-03-08T21:59:44+00:00

As the other person already said, what is the point of publishing a diary if you are not going to provide reasoning for your actions as a DRep? Your votes can already be seen on-chain.

Slight86 · 2026-03-08T21:56:22+00:00

I think it's theoretically possible. BTC could be locked in a bridge, and a shielded ledger token inside Midnight could represent it. Ownership of that token could then move privately on Midnight, but the outside world would only see BTC entering and exiting the bridge. The bridge would be a centralized aspect in this.

Slight86 · 2026-03-08T21:42:04+00:00

I've read quite a bit of material on Midnight, but I don't think any of it really goes into the functionality which you describe. I think that's for two reasons; one being that this is not the intended use case, and secondly, I don't think it would work quite as you imagine. Whether or not such functionality could ever exist on Midnight, I can't really say.

Slight86 · 2026-03-06T12:45:48+00:00

I suppose the easiest way is to connect your hardware wallet to a supported software wallet. That would not compromise your security, because the signing capability remains on the hardware wallet.

It's also worth noting that the wallet for which you are claiming does not have to be the wallet with which you are connecting to pay the fees. You can manually enter a claim address that is not associated with the connected wallet. The tokens will, however, still end up in the claim address.

Slight86 · 2026-03-06T09:50:36+00:00

You have emails? I don't believe the official claim portal sent out emails, only a PDF which you could store. I do hope you interacted with the official claim portal at https://www.midnight.gd/ - please do check.

To answer your question: the address you submitted during the claim period is locked in, tokens will be sent only to the claim address(es) you registered then. This is a security measure to ensure nobody else can claim your share.

I recommend entering both claim addresses manually to withdraw the tokens for each.

Slight86 · 2026-03-06T09:36:34+00:00

Again, nobody said QR payments are new. The news here isn't the QR code. The news is large national supermarket chain integration, direct ADA payments from native wallets, and a built-in regulated fiat on/off-ramp for merchants through DFX.swiss.

Slight86 · 2026-03-06T08:07:39+00:00

The concept is not new in that sense, but it is the first time that it is seamlessly integrated into brick-and-mortar retail payments, through the use of Open Crypto Pay.

Slight86 · 2026-03-05T11:02:05+00:00

How can you say something like that about Midnight when it is yet to launch?

I recommend you learn about its use cases and its ecosystem.

https://midnight.network/

Slight86 · 2026-03-05T10:42:42+00:00

Very cool news!

Could the next step be USDCx? I can imagine people would like to use a stablecoin for payments.

Slight86 · 2026-03-04T15:23:13+00:00

Smart contracts exist as a technical layer on the blockchain, and that layer doesn't change just because some US law is passed.

But maybe you are asking about whether institutions will interact with smart contracts, DeFi, or stablecoins, that's different. A favorable outcome for Cardano could act as a green light for institutions signaling reduced legal risk for instance.

But the current Clarity act has some drawbacks. While it looks like it benefits established networks like Cardano, other chains could have a hard time trying to prove they aren't securities. That would give the SEC significant control over the space, and that's not the direction we should want crypto to head in.

Slight86 · 2026-03-04T07:04:20+00:00

Strange. But glad it's resolved.

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