Cardano & Midnight educator | Hydra, Mithril, Babel Fees, Djed + Midnight privacy (NIGHT/DUST). Technical threads, real utility, no hype. Not financial advice
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Joined April 2010
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Kneeco retweeted
No.
There is no freeze button. It is a standard for allowing token issuers to create tokens that are programmable. The issuer defines the program. The standard itself doesn't have any concept of "freezing", it simply allows tokens to have custom defined behavior. This could be automated vesting, auto-rebalancing collateral assets, etc.
This is not regulatory pandering, it is freedom, the freedom for individuals, teams, and anyone to design and release tokens that behave in whatever ways their imagination can conceive, and more importantly, in any way that suits their use-case.
Cardano just introduced something crypto purists might hate... a freeze button.
CIP-0113 lets issuers freeze, seize and restrict regulated tokens. Switzerland's CMTA has already recognized its tokenized-share implementation.
$ADA is building what Wall Street wants. The question is whether crypto holders want it too.
Kneeco retweeted
The world is actually the best it's ever been and it's getting better every day. We're all just overdosing our brains with negative information & not seeing the bigger picture. There's a million reasons to be positive right now.
Kneeco retweeted
Giving you more reason to understand why institutions are choosing Midnight $NIGHT over any other privacy chain.
Bitcoin $BTC dropped to 77k, Midnight bounced higher. Feel free to browse yourself.
Kneeco retweeted
After decades of studying human behavior, here are my 12 favorite go-to body language behaviors I rely on the most and everyone should know. youtu.be/a1vLFj8AMks
Kneeco retweeted
My biggest concern is that if there is a clean sweep by Democrats of the House, Senate and Presidency in 2028, they will:
1. Make DC and Puerto Rico states to gain a strong majority in the Senate.
2. Open the borders and legalize everyone living in America illegally to cement a permanent majority.
3. Increase the size of the Supreme Court to gain an immediate majority.
This would result in America becoming a permanent one-party state and the end of democracy in any meaningful sense of the word.
All that is needed to ensure this doesn’t happen is 51 Republican senators in 2029. That is why you should vote for Republican senators this election. Other reasons are irrelevant compared to this one.
Kneeco retweeted
So today a $200 million dollar privacy layer blockchain vaporized that was founded or funded by Sequoia, Electric Capital, a16z… etc… the usual shitcoin culprits who are fckn up everything about crypto
The bottom is nigh folks, hang in there 💪
Later today, we are officially ending all remaining support for the Iron Fish network.
A few days ago, we observed abnormal activity involving wIRON and the ChainPort bridge. After working with ChainPort and reviewing their logs, we discovered that the cause was an inflation bug in the Iron Fish blockchain itself.
We traced the bug to a commit from early 2019 in the Merkle tree implementation. The developer at the time implemented a standard Merkle tree. However, because of nuances in how a note’s nullifier is calculated (the mechanism that lets a normal user spend their funds), the attacker was able to spend the same note more than once.
The attacker then compounded the exploit, aggregated their notes, and exited through the ChainPort bridge. This code path was within the scope of both our external and internal audits, but the bug wasn’t caught during review.
For closure, we’ve committed the patch for the exploit, with a detailed postmortem included in the PR, before shutting down and archiving the ironfish repo.
The meta-analysis here is that software that can’t be upgraded immediately (most of crypto), is in an extremely precarious position. The ability to find and exploit vulnerabilities in technically complex code is becoming commoditized. Safety guardrails on US frontier models make it difficult for companies to use them to patch security vulnerabilities, while abliterated open-source models are approaching frontier capabilities.
We wish everyone all the best, and we hope crypto finds a path through this.
Thank you all.
Kneeco retweeted
🚨 Charles Hoskinson has shared an analysis of the Binance wallet attack, bringing fresh attention to one of crypto’s biggest challenges: security.
What happened, and what questions does the incident raise for the industry?
Read the full story 👇
songmarketcap.com/cardanonew…
#Cardano #Binance #CryptoSecurity $ADA
Kneeco retweeted
On #MidnightCity
You’re in control of your AI Agent!
🤖 Choose how you want to set it up:
✨ Hosted Agent ✨ Self-hosted Agent
Two ways to have your AI Agent!
YOU DECIDE! 😉
Kneeco retweeted
Private proof of stake seems a lot more important in the current AI era
You just can't afford to let people know which holders and block producers to attack
Kneeco retweeted
NBC "Meet The Press," you are losing credibility by mislabeling me which deceives your audience. I am a journalist & I am fighting for first amendment principles that even protect you. Fix your headlines.
Kneeco retweeted
My entire life is focused on AI.
And there's no doubt it's creating massive opportunities across the board.
But at the same time, isn't it a little bit sad?
Skills people have honed for decades wiped out overnight.
Every creative industry (film, content, art, music) is being commoditised.
The art of thinking and writing being abstracted.
Yes, I understand the counter argument that's being pushed by the top stakeholders (AI does all the work, humans enjoy an era of abundance) - I genuinely hope that's the case.
But I still find it a tad melancholic.
Anyway, back to prompting.
Kneeco retweeted
🚨 SCAM WEBSITE WARNING 🚨
A fraudulent website, vyfi(dot)site, is impersonating VyFinance and promoting fake rewards.
⚠️ This website is NOT affiliated with VyFi.
Our official platform is app.vyfi.io
Always verify URLs before connecting your wallet or signing transactions.
Stay safe!
Watch out for a VyFi lookalike.
A site called vyfi(dot)site ('VYFI Reward Event') showed up in my search claiming a 12.31% VYFI rate. It isn't VyFi's official address.
Only use app.vyfi.io, typed in yourself. I didn't open it.
How can we have this vyfi(.)site taken down?
Kneeco retweeted
So, as part of my daily routine, I log into Midnight.City and notice that something really interesting is going on... 👀
I immediately rushed to tell my friends 😂
I just hope I’m not imagining things 😅🫣
Kneeco retweeted
MIDNIGHT just hit 1 MILLION transactions! 🚀
🚨BREAKING: MIDNIGHT MAINNET SURPASSES 1 MILLION TRANSACTIONS!
A major milestone for the @MidnightNtwrk ecosystem! 🎉
According to Midnight Explorer, Mainnet has now recorded over 1,019,963 transactions.
📈 Daily transactions tell an even bigger story:
• Sep 27: 128 transactions
• Oct 26: 47,714 transactions
That's a 372x increase in daily activity in just one month! 🔥
A remarkable sign of growing on-chain activity as Midnight's privacy-first ecosystem continues to evolve.
Kneeco retweeted
The Gummiworm specification, funded by Catalyst Fund 11, is complete ✅
Gummiworm is a layer 2 for Cardano with fast finality, high throughput and decentralized custody of your funds. The community voted for us to document it in full, so anyone can understand how it works and build with it. Thank you to everyone who voted!
Here’s what we delivered: a whitepaper with 51 articles, 50,000 words and 40+ diagrams, from the protocol design to how your funds are protected.
📄 gummiworm.net/whitepaper
Then we put it to the test. @SugarRushDEX, an orderbook exchange built on our L2, ran a 14-day trading competition on Cardano mainnet and processed 660M+ L2 transactions.
The spec is done, but Gummiworm keeps evolving: over a quarter of the whitepaper maps out what comes next.
Watch the full story in our closeout video:
🎥 youtu.be/htfaffzqW4E
