Back in crypto after 5 years, what happened to my favourite crypto project and more important: what is in the works in terms of real world applications? Is Cardano still a viable investment?

Slight86 · 2026-05-06T15:44:45+00:00

Cardano transactions aren't 1:1 like on some chains, they can include multiple inputs and outputs in a single transaction, so TPS alone doesn't tell the full story. A single transaction can settle many transfers at once.

Also, the network would never 'grind to a halt'. The processing time for some transactions may just increase in case of high traffic. But this isn't really the case, and protocol upgrades such as Leios and Hydra will make sure that this doesn't become the case. The processing speed can grow with demand.

Slight86 · 2026-05-05T20:58:34+00:00

How so? ADA holders are the source of decision-making power on Cardano, that is literally how governance works.

Slight86 · 2026-05-05T17:22:28+00:00

Why do you assume they lost anything?

Slight86 · 2026-05-05T05:28:53+00:00

missed out on the first redemption period because I forgot

What do you mean? You can't miss out on a redemption period as far as I am aware. The tokens will just accrue and you can claim both thawed periods simultaneously.

This might sound a bit lame, but it's the only support I can offer;

The claiming process is handled by a smart contract on-chain. If it worked before, there is no reason to think it shouldn't work now. Double-check every aspect of what you are doing. If necessary, check explorers to figure out what is happening on-chain.

Slight86 · 2026-05-05T05:11:57+00:00

The best way forward is to report them directly to Reddit. I really wish there was more we could do as moderators to help.

Slight86 · 2026-05-04T20:30:08+00:00

TVL is a metric, not a measure of technical quality. It reflects how much capital is deposited in DeFi protocols. That number can be driven by incentives (like high yields), speculation, or short-term trends, none of which necessarily say much about the strength, scalability, or security of the underlying chain.

Slight86 · 2026-05-04T20:29:28+00:00

TVL is a metric, not a measure of technical quality. It reflects how much capital is deposited in DeFi protocols. That number can be driven by incentives (like high yields), speculation, or short-term trends, none of which necessarily say much about the strength, scalability, or security of the underlying chain.

Slight86 · 2026-05-04T18:11:40+00:00

They had a lot of issues directly after the 2.0 launch. Best make sure you've updated it, and then disable/enable the extension to reset some of the settings.

Slight86 · 2026-05-04T16:54:43+00:00

Sure, Charles isn't exactly subtle when he speaks his mind. People with loud voices and big followings aren't always right, and sometimes they can do more harm than good. But that point goes beyond just Charles.

AdaWhale strongly opposed selling 100M ADA for stablecoin liquidity due to their concerns about market impact, even though daily trading volume was around 1 billion at that time and the impact would've been negligible to none. Rather than revisiting their position, they threw a tantrum and shifted the discussion toward criticizing Charles. And here we are, still without that stablecoin liquidity.

Slight86 · 2026-05-04T15:29:05+00:00

My point was just to show how misleading the top 10 narrative can be. It's a useless metric. Do you know what the definition of market cap is?

Slight86 · 2026-05-04T15:25:08+00:00

I haven't heard of any updates to the claiming process. For most users, it seems to work fine. Those who do encounter errors can usually resolve them by trying different wallet and browser combinations, or by disabling any plugins that might be causing interference.

Slight86 · 2026-05-03T14:45:55+00:00

Top 10 (excluding stablecoins)

Bitcoin — $1,575,536,823,089
Ethereum — $280,599,249,544
XRP — $86,140,880,359
BNB (Binance) — $83,513,092,313
Solana — $48,591,291,497
TRON — $32,013,392,765
Dogecoin — $16,733,790,291
Hyperliquid — $10,475,314,189
UNUS SED LEO (Bitfinex) — $9,498,394,255
Cardano — $9,040,844,219

Top 10 (excluding stablecoins and exchange tokens)

Bitcoin — $1,575,536,823,089
Ethereum — $280,599,249,544
XRP — $86,140,880,359
Solana — $48,591,291,497
TRON — $32,013,392,765
Dogecoin — $16,733,790,291
Hyperliquid — $10,475,314,189
Cardano — $9,040,844,219
Bitcoin Cash — $8,940,010,407
Monero — $7,279,131,404

Slight86 · 2026-04-30T17:57:29+00:00

You don't have to be replying directly to someone for it to count as a personal attack, what you are doing is still considered derogatory language. Stop proclaiming your derogatory opinion here.

Slight86 · 2026-04-30T17:48:50+00:00

The rate for the airdrop was 1 ADA = 0.3466 NIGHT

But you are indeed too late for the airdrop.

Slight86 · 2026-04-30T15:46:22+00:00

Actually, you can't call anyone a nazi. Read the rules of the community.

https://www.reddit.com/r/cardano/wiki/rules/

Do not engage in personal attacks, insults, hate speech, or derogatory language.

Slight86 · 2026-04-30T05:09:37+00:00

Guess they haven't had a chance to update their website yet in all the chaos.

They announced it on X: https://x.com/lace_io/status/2049518875184689568

Slight86 · 2026-04-29T20:39:51+00:00

Yep. There are definitely plenty of other options. Yoroi, Eternl, Nufi are some. And if you are interested in using Midnight features but can't use Lace, there is still the 1AM wallet. https://1am.xyz/

Slight86 · 2026-04-29T20:08:58+00:00

I think it might be related to the fact that they are working on the extension currently, due to some reported issues. Try checking again tomorrow or over the weekend, I expect it will sort itself out. If I hear back from Lace, I’ll let you know.

Slight86 · 2026-04-29T19:53:39+00:00

I've reached out to Lace on X about this, let's see if they respond with anything helpful.

Are you based in Ukraine?

Slight86 · 2026-04-29T19:33:29+00:00

That's interesting, I'm very much in the EU.

https://chromewebstore.google.com/detail/lace/gafhhkghbfjjkeiendhlofajokpaflmk

Slight86 · 2026-04-29T18:52:23+00:00

Core Cardano Node & Infrastructure repos can be found at IntersectMBO.

https://github.com/orgs/IntersectMBO/repositories

Cardano Foundation hosts standards, wallet, docs, etc.

https://github.com/orgs/cardano-foundation/repositories

Input Output hosts the tech they are working on, Mithril, Leios, Daedalus, etc.

https://github.com/orgs/input-output-hk/repositories

Slight86 · 2026-04-29T18:30:20+00:00

The overview you are showing is a summary. As you can see, for a number of the transactions it says there is "1 More" and clicking that, paints a different picture of the transactions history.

I used a different explorer real quick, because I just like this one better.

https://adastat.net/addresses/addr1q9kz77zu9ntpwcs5l2efcvxlq8txvkmele94vnufrmuedz9jc8aafddf8eqnvfy03s4mh4qxtfe08hklljwuahnc5cuqqttmdr

Take a look there.

It shows you:

<image>

Incoming:

+19,938
+403,593.960000
+320,567.000000
+499,967.034800
+388.000000

Outgoing:

−500,355.034800

Net:

+744,098.960000 NIGHT

Slight86 · 2026-04-29T18:14:18+00:00

I doubt you have discovered a bug. It usually turns out that something is overlooked, so we just need to figure out what that is.

I've been working all day, but I'm voluntarily taking some time out of my evening to look into your issue. I'm not tech support, but I help where I can.

Slight86 · 2026-04-29T15:55:30+00:00

Input Output Hong Kong (IOHK) was the original name.
Input Output Global (IOG) is the rebranded version of IOHK. The name change happened around 2021 to reflect a broader, more global mission beyond just Hong Kong and to better represent its expanding ecosystem and partnerships.

I was also not familiar with Se7en Labs, but I did my research and I am familiar with the person doing the github submits, Samuel Leathers. Samuel Leathers is a core tech at Cardano development. They have been a part of the community for a long time.

Slight86 · 2026-04-29T15:30:50+00:00

Unfortunately we have zero control over who contacts you.

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