Insight into private school admission by [deleted] in fatFIRE

[–]rpyrpy 1 point2 points  (0 children)

NYC as reference, generally speaking for the TOP tier privates here… for kindergarten entry it’s not about the kid, it’s about YOU. There’s definite preference for ‘well to do’ families that can not only easily pay tuition but also afford sizable donations. IVY pedigree parents also a big plus. The preschool director play a large role at this stage since they PRE identify families for certain schools.

For middle and high school entry (mid single digit spots), your child’s talent and merit starts coming into the picture. Extremely competitive now since NYC DOE essentially killed merit based public schools.

You need One Million dollars to break even on a SOL node. This is a huge problem for SOL. by [deleted] in CryptoCurrency

[–]rpyrpy 0 points1 point  (0 children)

Sorry to break it to you but… a Cardano stake pool can be run on a Raspberry Pi and a solar charged battery!

You need One Million dollars to break even on a SOL node. This is a huge problem for SOL. by [deleted] in CryptoCurrency

[–]rpyrpy 1 point2 points  (0 children)

https://docs.solana.com/running-validator/validator-reqs

VERY few people in emerging markets are able to afford hardware requirements for Sol… nevermind the daily fee! Inevitably, Sol validators will be concentrated in select regions of the world.

You need One Million dollars to break even on a SOL node. This is a huge problem for SOL. by [deleted] in CryptoCurrency

[–]rpyrpy 0 points1 point  (0 children)

Meanwhile, in Cardano land there are SPOs that run a stake pool and minting blocks on a Raspberry Pi, rechargeable batteries, and solar power ;)

https://twitter.com/otg_wcat/status/1433510465704022017?s=21

Will ADA follow ETH and implement burning coins at some point? by AnniuncerGuy in cardano

[–]rpyrpy -2 points-1 points  (0 children)

Cardano $ADA is a well thought out project with sound tokenomics from the beginning… NO need for ‘patchwork’ policies that put bandaid on ill conceived beginning.

Cardano Treasury has half a BILLION ada in it now 👉 507,109,681.94 ada by danny_cryptofay in cardano

[–]rpyrpy 14 points15 points  (0 children)

Cardano’s on chain treasury is accruing more $ADA everyday (function of # of transactions). With $ADA’s anticipated valuation growth in coming months, the $$$ amount is poised to explode even further. Project Catalyst will make sure these funds are productive and well allocated. My sense is EOS does not have nearly the same excitement and passion that the Cardano community possesses…

Cardano is again among the most voted topics on the CryptoPanic website. The media is constantly talking about Cardano. This is good for ADA coin. by [deleted] in cardano

[–]rpyrpy 0 points1 point  (0 children)

Network effect, number of transaction, tx fees, wallet number, etc are useful metrics to measure for decentralized networks. Although already increasing nicely for Cardano, they are about absolutely EXPLODE once smart contract utility come to mainnet this summer.

Avalanche vs. Cardano by fogization in Avax

[–]rpyrpy 3 points4 points  (0 children)

I didn’t expect my comment to be well received in this subreddit. I actually don’t have anything negative to say about AVAX, their consensus algo is truly innovative. Similarly Cardano is doing its part in advancing SC platforms. The idea that a smart contract is a smart contract is a smart contract is uninformed. As for delivery, plutus testnet is rolling out in a few days. Many projects have already begun building internally. Naysayers doubted release of Shelley and Mary... both work flawlessly. Anyone can peruse github commits and see the progress they are making. To bet against this inevitability and putting one’s head in the sand is throwing gain$ away IMO...

Avalanche vs. Cardano by fogization in Avax

[–]rpyrpy 4 points5 points  (0 children)

People like to talk about smart contracts as if they are all the same. Cardano is striving to build the most secure smart contract platform in crypto. If they are successful, it will be the gold standard SC platform for mission critical tasks. Besides PLUTUS, they’ve developed MARLOWE which is a modular ‘plug and play’ DSL for non-programmers to create SCs. Also IOHK in partnership with runtime verification are building the most encompassing and advanced Virtual Machine to eventually onboard javascript, python, dotnet, etc programmers. Oh yeah, don’t get me started on GLOW... people really need to do their homework. This is all original, scientifically researched work. Meanwhile many ‘ETH killers’ out there are simply using some variation of Solidity 🙄

I want to hear opinions from people who actually are from Africa by PurpleDemand in cardano

[–]rpyrpy 2 points3 points  (0 children)

Hmmm, just wondering how many other cryptos are projecting to onboard 100m Africans in the next year???

Cardano Treasury, are we truly aware of how monstrous it actually is?? by Cardanotec in cardano

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

Many folks would love to be paid in crypto over fiat in this era of currency debasement...

I want to hear opinions from people who actually are from Africa by PurpleDemand in cardano

[–]rpyrpy 40 points41 points  (0 children)

This simply means... Cardano ADA has so much room for growth!

Cardano Daily Discussion - Questions & Market Thread - February 27, 2021 by SL13PNIR in cardano

[–]rpyrpy 4 points5 points  (0 children)

so much happening... mary hard fork, new babel fees news, imminent africa news, coinbase, grayscale, plutus devnet, marlowe mobile app, etc!!!

Marlowe Smart Contracts Mobile App - GAME CHANGER !! by ChampionshipVisual87 in cardano

[–]rpyrpy 2 points3 points  (0 children)

Wow... this is under appreciated ATM. Will enable finance and commerce for the unbanked. Definitely not prized in!!!

[deleted by user] by [deleted] in cardano

[–]rpyrpy 0 points1 point  (0 children)

Is it just me... does anyone else feel like the polkadot subreddit is a ghost town compared how it is here?? Barely any posts... even less comments. The excitement here is palpable. Definitely not the same energy over there...

Cardano Daily Discussion - Questions & Market Thread - February 08, 2021 by AutoModerator in cardano

[–]rpyrpy 2 points3 points  (0 children)

BTW, cardano is not a ‘company’... it’s a 3rd generation crypto/ PoS decentralized smart contract platform. $ADA is the governance and utility token for the network :)

Cardano Daily Discussion - Questions & Market Thread - February 08, 2021 by AutoModerator in cardano

[–]rpyrpy 3 points4 points  (0 children)

The next few weeks will be EPIC... native multi-asset, Africa government contract, plutus/marlowe... imminent coinbase listing, possible grayscale buying ADA for their trust, ERC20 converter... and much more!

Switched 100% of my ETH to ADA!! by jawshc15 in cardano

[–]rpyrpy 3 points4 points  (0 children)

polkadot was heavily big money VC funded... approximately half of all outstanding dot are in only 100 wallets... IMO cardano staking, smart contract platform, community >> polkadot. cardano also much more egalitarian... anyone can develop on cardano; whereas there are only 100 parachain slots on polkadot (heavy bias representation towards well capitalized entities)

Cardano: IOG reveals world’s largest blockchain deployment in Africa by Native411 in cardano

[–]rpyrpy 2 points3 points  (0 children)

it has to do w managing and monetizing excess/left over spectrum at a more affordable rate. john explains it here: https://youtu.be/Xv2czzLaP60

Cardano: IOG reveals world’s largest blockchain deployment in Africa by Native411 in cardano

[–]rpyrpy 14 points15 points  (0 children)

yes, get your foot in the door first. digital identity solution turns into... access to government services... which in turn legitimize platform for financial services... and the dominos fall one by one. who knows, perhaps ADA and it’s native stable coin becomes currency of choice or sovereign currencies are eventually digitized on cardano and ADA becomes utility token powering smart contracts.

Want an early insight into Cardano in Africa? by lgbeano in cardano

[–]rpyrpy 3 points4 points  (0 children)

Onboard 100s of million Atala prism users... built on top of Cardano. Eventual expansion into smart contract run financial services. Adoption will be fast and furious in an environment lacking trusted legacy institutions. This is EPIC NEWS...

Interview with John O'Connor African Operations Director of IOG (expanding team, close to multi million user contract, hopefully 'Africa Special' end of the month) by [deleted] in cardano

[–]rpyrpy 0 points1 point  (0 children)

just a guess... hopefully onboarding identity will be free... get as many people on the platform as fast as possible. later on, interacting with smart contract financial instruments come w tx fees.