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Musings

Leaving Shelley

We will soon be heading into the Goguen Era with Cardano. Lets take a moment to reflect on the Shelley Era with one of Percy Shelley’s most famous poems? I met a traveller from an antique land Who said: Two vast and trunkless legs of stone Stand in the desert. Near them, on the sand,…

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Musings

Market Cap

We are not big fans of dwelling overly on market cap and the price of ADA. Analysing charts is not a productive use of time, and there is no strong short term correlation between price and real value. However you may have noticed that the price of Cardano has gone up a lot since staking…

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Musings

The ‘Killer App’?

We are used to the idea of a ‘Killer App‘, that one application that drives the adoption of a new technology. That one capability that just can’t be replicated easily elsewhere. In the early days of personal computing it was the spreadsheet which drove adoption of the Apple II. Later Word, Excel and Powerpoint played…

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Musings

Metcalfe’s Law

Cardano passed an important milestone in recent weeks. It wasn’t the price of ADA, as welcome as the increase is for people who have held it since the peak in 2017. No, it was the size of the stake pool network that secures the Cardano block chain and which uses Proof of Stake rather than…

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Musings

There’s a lot more than meets the eye

We were reviewing the Polkadot design the other day and noted that they are using libp2p for the networking layer. It fits in with the project ethos, has enabled developing the system quickly, and after all why go to the trouble of building a custom networking layer? What did Cardano do? They didn’t use libp2p.…