2020-03-31 · timestamps by Eric Czuleger and ADAtainment

UPD 03/31/2020

49 entries

Open the broadcast live from a quarantined Colorado farm, noting remote work has kept the company undisrupted by the pandemic.

Personal & Off-topic farm life

Recaps the first live product update stream covering the Byron reboot release, Daedalus Flight, and Hydra.

Announces monthly crowdcast Q&A events going forward, with unanswered questions addressed later via AMAs and blog posts.

Revisits yesterday's expectation-management video explaining the original 2015 two-phase plan: broad scientific exploration followed by disciplined execution.

Roadmap & Product roadmap philosophy

CCI as an endless single-vendor foundation that later opens into a thousand-developer ecosystem, like Apple's App Store.

Roadmap & Product platform strategyiPhone

Warns against platform monoculture, citing Microsoft's 1990s stagnation as the risk of failing to diversify an ecosystem.

Vision & Philosophy ecosystem diversity

Outlines Cardano 2020's scope: a best-in-class cryptocurrency, formally verified ledger rules, a strong network stack, and a polished wallet experience.

Details how the Byron reboot shares about 80 percent of Shelley's codebase and rests on evidence-based software engineering.

Cardano Tech & Research

Plans a year-end closing report summarizing five years of work, with the community voting on funding another three to five years.

Governance & Catalyst community vote

Pushes back on trolls who claimed the CCI and Cardano 2020 split meant IOHK was leaving, stressing a funding source is required to keep working.

IOHK has professionalized from two people to a company of 200, with the community holding final consent over continued funding.

Governance & Catalyst company growthBrain TrustVoltaire +3

Argues that post-2020 continuity is likely but not guaranteed, rejecting the idea of cults of personality or a beneficent dictator for life.

Insists decentralized systems need checks, balances, and social structures so people can disagree without a demagogue taking over.

Highlights the University of Wyoming lab investment as a model letting independent researchers build CCI without central coordination.

Ecosystem & Partnerships research labgrants

Explains why CCI needs multiple independent builders, not just IOHK, to create healthy debate among infrastructure developers.

Governance & Catalyst plurality of ideasInput OutputIOG +1

Acknowledges livestream chat now needs live moderators because of a small clique of shitposters.

Community & Media trollslive moderation

Warns that democracy's weak point is letting a small, loud minority co-opt the system for short-term gain.

Governance & Catalyst short-termism

Answers the 'ship Shelley tomorrow' criticism, arguing the ITN is effectively already Shelley with thousands of users and stable uptime.

Rejects launching early just to pump the price, citing Stellar's token burn as a cautionary tale that destroyed years of stewardship for a brief price bump.

Crypto Industry & Commentary speculation

Calls on community leaders to help moderate speculators as Voltaire approaches, so short-termism cannot steer the project off course.

Governance & Catalyst community leadership

Predicts ADA becoming a trillion-dollar cryptocurrency through genuine network effects rather than price speculation.

Vision & Philosophy network effect

Envisions Cardano as a 30-to-50-year engine built to overtake gov tech, reg tech, fintech, and supply chain technology.

Vision & Philosophy

Points to voting systems, supply chain traceability, and municipal bonds as use cases that will seek out a trustworthy decentralized platform.

Ecosystem & Partnerships decentralised

Uses the Fed's six trillion dollar COVID stimulus to argue that money's power rests on collective belief, not on any inherent value.

Vision & Philosophy Federal Reservemonetary policy

Compares Cardano's compounding user growth to a pandemic curve, projecting it becomes the world's financial operating system over decades.

Vision & Philosophy network growthDeFi

Argues the hardest work is already done: the philosophy is set, the project was incubated academically, and the community is strong.

Admits he'd rather be a mathematician than a politician, preferring the farm and its animals to constant criticism, while insisting the project still needs an 'immune system' against short-term speculators.

Personal & Off-topic personal temperamentfarm animals

Credits the incentivized testnet with sparking a community awakening that gave him certainty Cardano is here to stay permanently.

Argues the world's governance technology isn't ready for globalization, citing medical credentialing and cross-border pollution as unsolved collective-action problems.

Vision & Philosophy medical credentials

Frames crypto as the solution to that governance gap, comparing this moment to the Industrial Revolution and the Enlightenment's break from theocracy.

Vision & Philosophy Reformation

Expects many competing crypto philosophies to produce winners and losers, holding up Bitcoin's unbroken 21 million cap as proof that principles endure.

Crypto Industry & Commentary monetary policyBTC

Contrasts Cardano's academic, formal-methods origins with Bitcoin's crypto-anarchist roots and its more exclusive mining-driven consensus.

Crypto Industry & Commentary crypto-anarchismBTC

Declares the reboot means the ship is finally righted, built to last 50 years and ready to carry Shelley and Goguen governance forward.

Roadmap & Product 50-year roadmapGoganGogen

Contrasts Cardano's fact-based debate culture with the Bitcoin Cash block-size civil war that drove people like Roger Ver out of Bitcoin.

Crypto Industry & Commentary block size warBTC

Lays out the rollout plan: the Byron reboot ships today, infrastructure upgrades roll out all month, then a Haskell Shelley testnet folds in nearly 300 community suggestions.

Shelley rewards must be verified and migrated from the ITN before Goguen brings smart contracts and native assets.

Roadmap & Product rewards migrationGoganGogen +5

Predicts critics will first deny Shelley shipped, then claim it's flawed, only to be answered by stake pool operators and exchanges rather than by himself.

Community & Media stakepoolstake pool operatorSPO +1

A personal mission to work on Cardano for life while building a company that never pursues patents or a data-harvesting business model.

Vision & Philosophy proprietary softwaredata privacy

Argues greed can align with progress, comparing it to how cheaper solar and wind power beat coal on economics alone.

Vision & Philosophy renewable energyincentives

Frames the core mission as giving people control over their identity, data, privacy, money, vote, and property, warning that Hungary's pandemic emergency powers show how crises get exploited.

Vision & Philosophy

Argues human institutions can't be trusted to protect absolute rights, so code must serve as that trustless backstop.

Vision & Philosophy code is lawtrustless systems

Closes the product notes proud of the day, promising April will be the most productive month yet and teasing the hard fork combinator.

Roadmap & Product product velocityhardforkHFC

Predicts critics will eventually be proven wrong and carry a lasting reputational hit for their attacks.

Community & Media reputational risk

Thanks the community and reveals plans for a large-scale virtual event to mark the Shelley launch, hoping for tens of thousands of attendees.

Community & Media Shelley launch eventCrowdcast

Expresses pride in the engineering team's sacrifices, insisting the public code and papers speak for themselves against critics.

Calls 2020 the year to 'ascend' and frames 2021 through 2023 as a philosophical fight over centralized power versus individual empowerment.

Even billionaires in Russia, China, or North Korea remain vulnerable to state power, showing wealth and power are ephemeral without rule of law.

Vision & Philosophy Putinoligarchs

Credits the internet, the open-source movement, and the Enlightenment for making this moment possible, praising the courage of early crypto pioneers.

Vision & Philosophy

Signs off committing to the long road ahead and thanks the community for a farewell broadcast from sunny Colorado.

Personal & Off-topic sign off