Always a 0% pool. Cybersecurity professionals with passion for crypto operate high secure Cardano Stake Pools (SECUR)
Amsterdam Area, Netherlands
Joined August 2020
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Do we know if this was lateral movement following the trivy and litellm compromises? If so, I expect more supply chain attacks to come in the coming days
@TheOCcryptobro has no affiliation with any SPO nor founding entity cementing his neutrality. Is active in the community and has been around for a long time. Has a holistic and nuanced view of where Cardano needs to go. I trust him to vote with a sound rationale.
I’m in the same boat. It’s very hard to come up with a compensation scheme that doesn’t suck. I.e. incentives the right behavior with acceptable side effects that cannot be cheated…
Sounds to me like you just aren’t comfortable with any compensation scheme mentioned yet, but you don’t think that DReps must contribute for free out of principle
I’m stumped that I missed this decision, but it seems obvious to me that it breaks the voting system. One wallet is not one person (if that is what they wanted to achieve)
René (SECUR) SecureStaking.io retweeted
In Fund13, the Cardano Foundation had a decisive and massive voting power of 200 million ADA. The good news is that in Fund14, with just 5,000 ADA you can achieve an equivalent level of voting power 👀
The cube root of 200 million ADA is 585. Since the minimum participation amount in Fund14 is 25 ADA, you can prepare 200 wallets with a 25 ADA balance each.
25^(1/3) * 200 = 585, which equals the voting power of a single wallet holding 200 million ADA.
What is the rationale for this low Scaling Parameter?
This opens up governance to trivial attacks.
Am I missing something?
In Fund13, the Cardano Foundation had a decisive and massive voting power of 200 million ADA. The good news is that in Fund14, with just 5,000 ADA you can achieve an equivalent level of voting power 👀
The cube root of 200 million ADA is 585. Since the minimum participation amount in Fund14 is 25 ADA, you can prepare 200 wallets with a 25 ADA balance each.
25^(1/3) * 200 = 585, which equals the voting power of a single wallet holding 200 million ADA.
This is the correct view. Assess the tool for the problem at hand, rather than on its own or compared to other tools