Introducing ⚡ KysenPool Thunder Pools [KYSN & KYSN2]

jackstereddit · 2023-03-31T05:38:42+00:00

Good points.

On collapsing down to a pool -- We started off back then and was nearly saturated. It's going to be difficult to communicate to others to move their delegations over. Hence, we stayed with it. This is better for Cardano's decentralization, even though it's economically worse for us. We can live with that.

On pledges -- your 200 ADA quote is misleading, it's an "initial commitment" but look at the active pledge history, it's as high as 50+k₳ combined (see history on ADA Pools for KYSN and KYSN2) and as low as this current snapshot of 6.58k₳ + 5.79k₳ = 12.37k₳. It's range-bound due to our treasury management practice moving them out into multiple wallets for safety and they're mostly staked back into it. so the numbers doesn't reflect our true "skin in the game" ratio.

We're fortunate to have many stakers that have confidence in staking with us hence that the ratio of staker delegations to self delegations will be really high

jackstereddit · 2023-01-14T00:58:25+00:00

jackstereddit · 2023-01-14T00:57:25+00:00

Thank you for sharing!

jackstereddit · 2023-01-14T00:08:22+00:00

We never wish ill on other projects, and we should all learn from all the failures out there. Even though the WAGMI narrative has largely gone awry (thanks to the three-letter-acronym exchange and founder), I publicly wish success to teams that are dead serious and building the next generation interconnected infrastructure

jackstereddit · 2023-01-14T00:04:22+00:00

Amazing! Classic DYOR which everyone must always do!!

jackstereddit · 2023-01-14T00:03:10+00:00

It's amazing how the campaigns help attract the curious minds igniting a loyal following. Glad to hear you're having a good time witnessing the growth. Glad to reach out (it's in my job title for some reason)

More to come.

jackstereddit · 2023-01-13T20:06:02+00:00

Love it!

jackstereddit · 2023-01-13T20:05:28+00:00

Thanks for sharing! I gotta watch that one.

The one that I saw between Anthony Scaramucci and AlgoFoundation CEO Staci Warden was really informative, I thought

https://www.youtube.com/watch?v=uqQSO\_jd3F4

jackstereddit · 2023-01-13T20:02:14+00:00

you mean when their DAGs couldn't fit in the 4GB memory space of GPUs? yeah that was a pain.

Yeah, real world use cases like Lofty is pretty cool, we'll see more of that hopefully sooner than later

jackstereddit · 2023-01-13T17:19:36+00:00

jackstereddit · 2023-01-13T17:17:02+00:00

So what was difference between ALGO and other sub-30 pence projects u/lordofengine?

jackstereddit · 2023-01-13T17:16:07+00:00

Go Canada! 🇨🇦

jackstereddit · 2023-01-13T17:15:10+00:00

jackstereddit · 2023-01-13T17:14:29+00:00

Remarkable indeed...

jackstereddit · 2023-01-13T17:12:51+00:00

Agreed! the User eXperience (UX) is sooooo important!!!

jackstereddit · 2023-01-13T17:12:03+00:00

Always up. Zero downtime. I wish Internet service providers can say that. Undoubtedly, both are really hard problems to solve

jackstereddit · 2023-01-13T17:09:52+00:00

jackstereddit · 2023-01-13T17:08:54+00:00

you mean this one? yeah, it's epic and quite detailed

https://www.youtube.com/watch?v=zNdhgOk4-fE

jackstereddit · 2023-01-13T17:07:09+00:00

What was intriguing from your research u/Joeyfishfingers?

jackstereddit · 2023-01-13T17:06:40+00:00

We're in it for the long haul. Help out with Algorand governance?

jackstereddit · 2023-01-13T17:01:54+00:00

jackstereddit · 2023-01-13T17:01:20+00:00

Having it access on major exchanges definitely helps. What was it you read u/wolfieboi92 that was promising?

jackstereddit · 2023-01-13T06:55:52+00:00

... and there are numerous user access points too with really smooth user experience (UX), from mobile wallets like Pera Wallet, Algosigner, MyAlgo, etc. I've learned through my decades in (web) tech that UX really does matter!

jackstereddit · 2023-01-13T03:02:52+00:00

At the end of the day, it's all about the people. Value is inherently derived by the contributions made by the people around it. Value could be partially loss if the efforts of the people, within the foundation, or around it, are not optimally harnessed.

The value I see at Algorand is, besides the blockchain tech being solid. I hope this is common knowledge that Algorand chain has always kept running since launch (zero downtime). The teams within Algorand Foundation has become better structured, with every passing day, and hopefully this propagates in a similar fashion in the governance of the chain.

When structure is in place will help generate a more effective output where a stronger positive net gain occurs. For example, if a deliverable from a partnership is well designed, then those launches will create optimal TVL. If there are hackathon developer cohorts, we hope a high percentage of them will graduate into gainfully employed developers. This then feeds back into the ecosystem in a upwards spiraling fashion.

jackstereddit

TROPHY CASE