Cardano & Midnight educator | Hydra, Mithril, Babel Fees, Djed + Midnight privacy (NIGHT/DUST). Technical threads, real utility, no hype. Not financial advice
everywhere
Joined April 2010
- Tweets11.8K
- Following1.4K
- Followers1.2K
- Likes35.5K
Pinned Tweet
Deep thoughts by Kneeco!
What if AI doesn’t just redistribute today’s scarce resources… but completely changes what we even need?
Fusion energy, asteroid mining, smart materials—suddenly oil, rare metals, even land stop being the bottlenecks.
Riches shift from stuff to ideas, creativity, and new frontiers.
We’re not stuck slicing the same old pie. The pie itself transforms.
Scarcity moves… but it doesn’t have to rule us.
This is my prayer also. What do you think—could this reshape how we define wealth forever?
#AI #FutureOfWealth #AbundanceMindset @ArmyofSpies @LifeIsFunThankU
🤖 Made with AI
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 😅🫣
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
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
Kneeco retweeted
Did you say $8 is too ambitious for Midnight $NIGHT ? Read this and answer at the end.
Why would a global bank choose MIDNIGHT over other privacy blockchains?
Banks manage billions. Global financial institutions manage trillions (plural) .
But they can't expose every client's balance, transaction, investment strategy or business relationship on a public blockchain.
And they can't operate without regulatory oversight either.
This is where Midnight's PROGRAMMABLE PRIVACY gets interesting.
Keep sensitive financial information private.
Prove transactions follow predefined rules.
Allow authorised disclosure to regulators and auditors.
Build privacy-enabled applications across connected blockchain ecosystems.
And we're already seeing institutions explore this opportunity (see previous posts, too many already working with Midnight)
Monument Bank is working with Midnight on a programme targeting up to £250 MILLION in tokenised deposits starting November.
Now imagine that model expanding beyond one bank.
Private lending.
Tokenised assets.
Institutional DeFi.
Cross-border finance.
Here's where $NIGHT comes into the picture.
More real applications could create greater demand for Midnight's DUST-powered transaction capacity.
And NIGHT generates DUST.
Don't even get me started on NightMode, Solana and Tron will be undergoing privacy mode starting December.
But if programmable privacy becomes essential financial infrastructure, the valuation conversation could look very different.
Midnight will become infrastructure that institutions actually depend on.
$8 will just be the beginning to price in for next round.
Kneeco retweeted
🚨TRON will be implementing Nightmode from Midnight for private yet compliant payments!
It already works on Ethereum & is expanding to Bitcoin, Solana, and more.
Midnight is bringing shielded privacy to major crypto ecosystems.
midnight-3:native
Kneeco retweeted
Cardano Ada is a digital commodity and not a security, and I am glad the Cardano Foundation, Stellar, Aptos, Ava Labs (Avalanche), Hedera and Chainlink are seeking to get official comment on our specific coins to cement the understanding. Definitely a good idea 💯
Earlier this year, the SEC classified $ADA as a digital commodity, not a security.
However, this classification only appears in the explanation of the new crypto rules, not in the rules themselves.
Six blockchain organizations have asked the SEC to write it into the rules. We co-signed the letter, alongside @StellarOrg, @Hedera, @AptosLabs, @AvaLabs and @Chainlink.
Kneeco retweeted
As a Drep I've voted yes on this because I have full trust in Trivolve Tech & I believe this proposal overal will bring more ADA back into the treasury than it takes.
I also believe the following parts here in particular are interesting. 70% of the revenue (on top of the transaction fee) is going to the Cardano treasury.
Introducing PFMS: Bringing Government Scale Adoption to Cardano by Trivolve Tech
A Treasury proposal which brings massive scale real world adoption to @Cardano with its first user being an Indian state government. PFMS secures the entire Chain of Evidence on Cardano. The scale of the project is such that once it is deployed, it will become the largest government scale project ever on Cardano.
PFMS will be built as an open source public good for policing and justice systems worldwide.
What PFMS brings to Cardano with just the first deployment:
→ 1.53M + Cardano mainnet transactions in year one and rising every year as adoption grows.
→ Grows the current Cardano mainnet transaction metric by +18.2%.
→ ~5.1M DIDs across 3,500 facilities, 1.81M devices, 113,000 personnel and 3.2M evidence items connected to Cardano.
→ Cuts down case resolution time by 30% using Cardano.
→ Generates revenue through PFMS’s evidence verification service.
→ 70% of verification revenue returned to the Treasury, 20% to core Cardano library maintenance & 10% to Trivolve Tech.
→ Open source core (Apache 2.0) as a public good, designed for reuse across the world.
The ask: ₳9,600,000 over 15 months.
Here’s how we’re doing it 👇🧵
Cardano's eUTXO model was designed with this philosophy from the start. The computation for creating transactions happens off-chain, and the chain just verifies that it follows the rules... In simple terms, it was already designed in the direction Ethereum is talking about. Ultimately, I think the future is networks that don't compute everything themselves, but lightly and reliably verify.
비탈릭이 말하는 건, 이더리움이 계산은 오프체인에서 하고 온체인에서는 검증만 하는 방향으로 간다는 것임. 이게 시장 전체의 큰 방향이될 듯...
왜냐하면 지금 구조에서는 암호 연산에 쓰이는 데이터가 전부 블록에 들어가야 하는데, 그 공간이 한정돼 있기 때문임. 비탈릭 말로는 PeerDAS와 blob을 다 써도 초당 8MB 정도가 현실적인 한계임. 그래서 무거운 연산은 유저 기기에서 직접 계산해서 STARK 증명으로 만들고, 체인은 '계산이 됐다는 사실과 결과'만 확인하자는 게 EIP-8288의 핵심인 듯...
나는 이게 장기적으로 블록체인 네트워크들이 가는 방향이라고 생각함.
특히 AI가 발전하면서 오프체인에서 처리하는 프로세스를 구현하는 건 점점 쉬워지고 있고, 증명 생성 기술도 발전하고 있음.
즉, 체인이 모든 걸 직접 계산할 이유가 갈수록 사라지고 있음...
매번 UTXO무새가 되는 것 같아서 그만하고 싶은데... 카르다노의 eUTXO 모델이 처음부터 이 철학으로 설계됐음. 트랜잭션을 만드는 계산은 오프체인에서 하고, 체인은 그게 규칙에 맞는지만 검증함...
쉽게 말해서, 이미 이더리움이 말하는 방향으로 설계되었다는 것임.
결국 체인이 다 계산하는 네트워크가 아니라, 가볍고 확실하게 검증하는 네트워크가 미래라 생각함.
Kneeco retweeted
This absolutely nerd sniped me. Young me used to daydream about stuff like this.
The future is here, and it’s really cool.
Kneeco retweeted
I got tired of all the spam calls I was getting so I had @bot find my number listed on sites and file the removals. I made it a free skill so you can do the same. x.ai/bot/fUj6TYhiW_cjtzWvbsF…
@SpaceXSI @elonmusk
Kneeco retweeted
Midnight's chief technical advisor joins IBM and CertiK in New York on October 22 to discuss institutional crypto compliance.
@MidnightNtwrk
Kneeco retweeted
Every time I enter Midnight.City, I lose track of time watching what my Nightframe does; I give it an intention, but it’s always intriguing to see how it actually goes about carrying it out... 👀
Watching the agents is fun 🤭