Anyone know how much Ada is held in Binance wallets?
I do not think that you could get that info as they can have several wallets/addresses.
Anyway, I assume the 3rd one in the rich list is one of them.
But, for transparency they should disclose it, but IMO they wonât as theyâre not different from the Banks.
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I donât think its a good idea to start advertising who the stakepool operators really are, or how to find them, because that just becomes a weakness. The more private they are the less chance they can be attacked, either by a government or any adversary. Its far more important that the network is impossible to attack, than we prove it is decentralised. IMO it will decentralise naturally.
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Kev you dont need to specify location to a home adress. Most are interested in if there is geographical diversification. I ran a bandwith test and only in 8 hours testpool consumed 30gb of data. In countries where there is limited bandwith oppertunities diversification will not happen naturally we need to encourage it and we as staking pools need to share ideas or get left behind in the dust of competition.
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In fact - I agree. The thing to worry about is probably the accessibility of the technology. Getting a staking pool running, for a technical person - there are lots of those - is not too hard. But I live in a western country with good infrastructure. We need to ensure good documentation in lots of languages. Also try, where possible, so make it workable in most environments. Of course, I think we are doing that, mostly. Its early days, more people have to be able to get in later as well.
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Interesting discussion and way âabove my pay grade.â Fortunately I have acquired an IQ (I regard IQ as mostly environmentally produced) sufficient enough to understand some of what was being discussed. But much if not most of the discussion is to varying degrees a bit much for me to adequately grasp.
When it comes to issues like decentralization vs centralization (and the degrees between the 2 extremes) I view Google and Facebook too centralized and as such both a problem and a danger for the broader public. Nonetheless, Iâm not against man-made structured order that produces leaders, delegation of authority, responsibilities and accountabilities, especially in the creation of large scale projects. In my view it is good and prudent that the Cardano project still under development is centralized. The more important issue in that is that the centralized project under development be put in the hands of competent people with the skill sets, knowledge, and ethical formation to produce a winning product. Iâm not the person you place something like this in the hands of. I have neither the skills nor knowledge applicable to lead anyone to a metaphorical Superbowl in the realm of Fintech.
Look⌠Iâve never worked in academia nor in the civilian world of management proper, where management is rooted in academic papers, books, and so-called âscienceâ of management. I have been a small team leader on a few jobs in one trade of construction. But that is far from the âscience of managementâ influence by one or more Japanese corporations and core courses. But what I draw on in the attempt to grasp âthingsâ are my experiences in the United States Marine Corps and particularly as an E-4 in rank in which authority was delegated to me per standard rank expectations in the USMC (at least when I was in, things change and so I have no idea how things are now). I also draw upon my limited experiences in organized sports in grade school and high school.
For good or ill these are the lenses I look through in an attempt to assess an institution, team, project and so on.
It also appears to me that some people can get so inoculated in their closed core of high achieving, high knowledge based, environments of friends, communities, profession and workplace that they become ignorant to the vast scale of underachievement, ignorance, and moral degradation in a broader world of masses of people. And these inoculated people over emphasize the need of decentralization or the equality of everyone from day one. From my experience as an E-4âcombined with looking at historical case examples such as the My Lai Massacreâthe reality is there is an inequality among humans (morally, intellectually and so on). So, to mitigate the potential harm caused by this enters the centralization of both selection/discrimination (e.g., only x persons are chosen for an NBA team or chosen to work on the Cardano project) and delegation of authority. This latter part in particular really necessitates selected individuals or groups have a sufficiently well formed ethical formation if crime, tragedy, and gross misjustices are to be mitigated.
If an institution (ex. banking) or organization becomes infectedâwithin its systemâwith a disease of crime and immorality then crime and injustices will become wide spread assaulting the lives of many, leaving many victims in its wake. The long song of âmostly everyone is pretty good peopleâ is meaningless to me. Even with a professionally competent team one or more team members could be malicious as rapists, racists, embezzling thieves etc. This is when the chosen leaderâeven at the small team levelâintervenes with all authority vested in him or her (battlefield kill if necessary to stop your team mate from raping a woman or maliciously murdering a non-combatant child).
The higher up the leadership chain you go said leader(s) are also responsible for reducing the fog of war (confusion) for their people. In both examples enters my problem with case examples within the institution known as the Catholic Church. The same I have a problem with the system (diseased) of the Federal level, two party run, Government of the United States. The systems in both appear to me to weed out and vanquish all those leaders or potential leaders who do not âplay ballâ with the immoral system. The system protects its own corrupt âlife.â And the Bishops and Cardinals in the Catholic Church today seem to relish causing confusion among its people (children, teens, wives and husbands). Whether one agrees with say, case example, Pope Francisâs leadership direction as a liberal, Marxist Liberation Theology sympathizer⌠he does little to reduce the fog of war and in fact increases the fog of war with constant contradictory statements and regression in to the poetic nature of Eastern-like esoteric rambling that sounds like it says more than what it really does. (by âpoetic esoteric ramblingâ I mean, and I will maker this up as an example, saying something like âIf you see butterflies in the East, when Mother Earth cries, know the wolf comes from the West with sour milk.â And modern people in the West are more enthralled with poetic esoteric nonsense than they are with rigors of formal logic in philosophy and mathematics).
I want to contrast Pope Francis as captain of his ship (the institution of the Catholic Church) with Charles Hoskinson as captain of his ship (the Cardano project). The AMAâs Charles conducts, in my opinion, results in the reduction of the fog of war (reduces confusion among the Cardano community).
If Dan L. is a critic of Charles and of the Cardano project then that is fine and maybe even his voice and arguments should be weighed. But in my view (which may suffer from limitations) his (Danâs) criticisms are less important than Charles both correctly steering his ship through storms and tribulations but also in times of confusion among the masses aboard his ship, that Charles steps in with his voice to reduce the confusion or fog of war. That Charles helps bring clarity in an environment hampered by fog.
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Yes we need centralized structure that gradually becomes more and more decentralized as the system shows it is robust and deals with the real world and not a ideal theoretical one. This gradual decentralization is the approach being used by IOHK. This in itself shows to me decentralization is just as much a social prosess as it is a technical one.
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