It hard to say but for one of the solutions they are working on Hydra heads it would make txs really fast, but it is just one solution and doesn’t solve everything. Scalability for Cardano is a combination of different things like optimisation of L1, introduction of L2s etc .
MrB516294174 activity
MrB516294174 commented on Hey, does anyone know if they will be a free consensus live stream for the Cardano part tomorrow?
@DTaylor @benohanlon
MrB516294174 commented on Yesterday I opened dripdropz and saw lot of meme coins, claim could be dangerous?
Only danger is that the tokens never worth anything
MrB516294174 commented on Yeah, but that does not fix the depegging issue when it's price goes down to 10% in a day, but that's is very-very unlikely. But everything has risk, but I would sleep like a baby if I would put some part of my wealh in Djed. Diversity?
in FAQ they say it should protect to sudden price drops of 75%
MrB516294174 commented on Is Djed backed by ADA directly or only by Shen? Why would Shen go up in value if ADA goes back up in value after a crash?
Here is a nice place to learn about it https://cotinetwork.medium.com/djed-frequently-asked-questions-f636735be76
MrB516294174 commented on So their ADA gets used and shen value drops?
When you get Shen you are taking the risk of ADA price drop but if the price goes up they get the rewards
MrB516294174 commented on Also, a reserve ratio of between 1:4 and 1:8 (if I read that correctly) means that a _lot_ of ADA will have to be locked up in that contract if we want to have a meaningful number of Djeds in circulation. Will they stake it? Who will get the rewards? COTI?
I’m not sure about staking it but should be smart to do that, rewards could be used to make the pool larger therefore more stable
MrB516294174 commented on Now both swaps are "Price outside range" and my ADA has not been returned to my Nami wallet! BS! And charged me 5 ADA (for the 2or3rd time) ! WTF?! Now swap price almost 3x'-5x's $ from where I started ... where is my f'ing ADA? I've been patient 3+ yrs and this is what it is ???
I would download CCvault and restore your wallet there, it has been best wallet handling the load. No one charged you 5 ADAs, it is the collateral and as soon as you remove it your Ada is back. Check Sundae’s Discord or Twitter for tutorials on how to setup CCvault
MrB516294174 commented on Lol the fud machine is working over hours! Maybe scoop some more Ada?
Exactly, all of sudden all the bots and fuddesters appeared
MrB516294174 commented on or any other dex platform to that matter?
We should have a dex built within Cardano
MrB516294174 commented on Because 50% price increase over 7 days is something to be overlooked?
No my comment was based on the phrase “why mooning” so I assumed was a new wave as we all have seeing the price increase quite a while ago