2026-06-16
More comments on Discord
- A fourth video answering critics of the governance Discord, noting that everything said becomes business requirements an AI is turning into a product.
- Andrew Westberg's dismissal misses that production governance tools like Semaphore V4 already exist and can be made interoperable for a version one.
- Intersect failed by being 25 things at once, and the Pentad is a finite, non inclusive body for scoped jobs like getting Circle or LayerZero into Cardano.
- The core problem is no consensus on a definition of growth, so IO engineers who shipped Leios get told they failed because the price is down.
- The four step plan is unchanged: define growth in the constitution, add executive function, then a strategy and budget with funding organizations like a DARPA or NSF.
- Failure means the web2.5 world wins, with federated custodial networks and KYC on every transaction, which is not what he signed up for.
18 entries
Everything said in these videos becomes business requirements that an AI is turning into a real governance product.
Andrew Westberg's critique misses that Semaphore V4 and other production governance tools exist and can be made interoperable for a version one.
Intersect failed by being 25 things at once, a governance body, a marketing org, an oversight body, and a technical steering committee.
The Pentad is not inclusive, just five members doing finite, well scoped jobs like getting Circle, LayerZero, and Pyth into Cardano.
There is no consensus on a definition of growth, whether price, active users, developers, or stake pool operators, so no strategy is possible.
IO engineers worked follow the sun to ship Ouroboros Leios and solve the trilemma, then get told they failed because the ADA price is down.
A governance discussion on X is not even a Cardano conversation, since it includes Solana, bots, and people who hold no ADA.
The budget would include funding organizations, from Draper and a sovereign wealth fund to Catalyst, modeled on the NSF, DARPA, and IARPA.
There are over 600 million ADA of asks against a 350 million net change limit with no unified strategy tying them together.
He was the delegated authority from 2017 to 2021 when ADA went from 4 cents to 3 dollars, and after decentralization it became chaos.
Paid attackers transcribe 400 hours of AMAs for scandals, like claiming the Japanese offshore vouchers were an unregistered securities offering.
RealFi, Pogen, Midnight, and Midgard could bring millions of users and billions of TVL, so the difficulty funding them reveals an architecture problem.
He will set up a D rep and political party and vote no on all funding and governance from anyone who refuses to join the process.
In a world of wars, dishonesty, and Epstein, you change things by being honest and direct, not by being polite, and accepting people will dislike you.
The ecosystem growing up and accepting that not everybody will be a winner is the last and hardest part of Voltaire.
Failure means the web2.5 world wins, with federated custodial networks and KYC on every transaction, until you cannot even host your own node.
Power broker middlemen between protocols and exchanges force compromises through backroom deals with centralized entities, and the pentad is running out of juice.
The constitutional convention, run with Chatham House rules and delegates from 50 countries, is the precedent for a structured process not born on Twitter.