HEPHY 2025 Review 🧵 1/6 SPO 🧱 40 blocks validated (71 lifetime) 🗳️ 25 governance votes 📝 25 rationales (29/29 lifetime votes 100%) 💰 5 treasury donations beta.cexplorer.io/treasury/d… 🔥 Participated in 2 Disaster Recovery Scenarios on SanchoNet alongside a handful of SPOs 🔐 Contributed to the Perpetual Powers of Tau ceremony x.com/HephyPool/status/19832… 🛡️ Continued to support Mithril since July/Aug 2023 🧊 Became a Blockfrost Icebreaker March 27 beta.cexplorer.io/pool/pool1…

With @YoroiWallet becoming @secondfiapp - what happened to all the pending cashback people had earned in Yoroi? That seems to have disappeared in SecondFi? @GrahamsNoPlus1 I know you had some pending too...

Hey Cardano! If you run a Cardano node, especially in the cloud, give the LSM backend a try.  Memory footprint down from 15.9 GB to just 5.5 GB.  Mainnet, fully synced.  Same tip, a fraction of the RAM bill.

I put my entire life into Cardano. My time, my expertise, my savings. I’ve literally gone all in, and for over 5 years now. No salary for 3 years, along with my co founder, and every payroll was paid on time. This isn’t meant as a guilt trip just context towards my reality. I forced my cofounders to envelope the ‘entrepreneur mindset’ and make sacrifices to make our vision of Anvil work. I thought we were in good company in Cardano. A bunch of scrappy, smart people who are building the future financial rails of the world. Unfortunately, not everyone was living like starving entrepreneurs and looted our community/treasury while keeping cushy salaries. Now the price is in the teens…and we can’t even get contracts on Cardano to sustain our business, with no indication that change is coming, all community business proposals are not passing atm. I gave up my 30s for this. I had a great career trajectory making solid money. I don’t regret the decision I just wish it went different. Believe it or not, we didn’t make many stupid decisions, we were responsible with salaries, and ran very lean operations. Did we fail? Or did Cardano fail to flourish and create real opportunity? I bought Ada, I believed in the token. I dropped my 401k on it. Held it religiously for 5 years, all to sell at .16 so I don’t lose my house? It’s insane lol was I supposed to sell on everyone’s heads? I thought being a believer was the whole point now I just feel like a sheep. I don’t even have the 100k Ada required anymore to go straight to the treasury. The only thing I can think of that hurt worse were my kidney stones. This is the most defeated I have felt in a long time. And now I’m watching 8 months of hard work and relationship building get thrown away. Can’t get a hold of half the DReps otherwise you come off as annoying. Didn’t do a Japan tour? Good luck! I had to waste 6 days explaining to one of our top DReps why the product needs Cardano. He basically said we didn’t need to use blockchain or cardano. Instead of explaining the value we create I gotta convince our top DReps why a project chose to build on Cardano? 🤯 Im not perfect but I damn sure tried to be! Answered everyone promptly, reached out to DReps, and did our best to listen/apply feedback. I show up everyday. Can someone explain to me why I should keep trying to build here? I’ve legit lost everything but my wife who isn’t getting any happier with me. Today is the first day I work towards getting my life back. IDK exactly what that means but I’m done feeling like this for nothing.

It was nice to see fellow community members that represented the Intersect ICC seat get a shout out in "An Introduction to Cardano Governance" on Cardano Academy. Thanks @Cardano_CF! @Bitcows @M3RSEE @MauroAndreoliA @UbioObu @HephyPool @hoskytoken @jsierrax @ElCryptonaut @AdamRusch @adanorthpool

Alternatively, delegators. Move to a pool that has updated. Why? "HARDFORK-04a (x) At least 85% of stake pools by active stake should have upgraded to a Cardano Blockchain node version that is capable of processing the rules associated with the new protocol version"

Really sad to see this. The day @se7en_labs released the updated Daedalus - hard fork ready and with Mithril bootstrapping built-in (finally showcasing a Mithril use case to retail and axing setup times) was genuinely one of the biggest feel good events amongst all the negativity recently. Downvoting the only full node wallet we have and refusing to add custom tx submit api support into Yoroi/Secondfi after years of requesting it, is about as low on the Cypherpunk scale as you can get tbh.

I can confirm, @satran004 is building/maintaining tools depended on by many, including Exchanges (Rosetta depends on the Java Cardano stack for example). Recently, with Yaci Store, they are even the reason why the @Dune integration of the Pentad worked! @phillip_pon @emurgo_io

Solicitation and begging: Constant DMs, messages, and pressure from proposers/projects asking (or begging) for votes. Conflicts of interest: Difficulty voting objectively when proposals involve projects, people, or ecosystems you're connected to, risking accusations no matter what. Being labelled a shill: Accusations of bias or being "paid" just for neutrally mentioning or supporting a project with a governance proposal. Scrutiny and backlash: Votes are heavily criticised regardless of direction, with accusations of poor judgment, favouritism, or incompetence from delegators, community members, or rival groups. Time and review burden: Properly evaluating proposals requires deep dives into complex details (tech, business models, budgets, risks, team credibility). Without talking to all proposers or fully understanding everything, it feels irresponsible to vote on behalf of others. Many proposals demand significant research time. Lack of time/energy/commitment: The ongoing responsibility drains personal bandwidth, especially when combined with work, life, or other Cardano contributions. It's a voluntary role with no (or limited) compensation for most. Burnout and fatigue (DRep/Voter fatigue): The volume of proposals (e.g., dozens in budget cycles such as the 2026 process), combined with meetings, debates, time zone issues, and constant community engagement, leads to exhaustion. Governance isn't a part-time hobby for active DReps. It's a serious time sink. Lack of compensation or incentives: Many DReps invest hours reviewing, rationalising votes, and communicating with delegators, but rewards are indirect or absent for smaller ones. Discussions often focus on whether DReps should be paid, since the work resembles unpaid, high-stakes volunteer labour. I was originally told 1 hour a month at the most. Low or inconsistent participation pressure: Delegators expect high activity and clear rationales, but real life intervenes. Inactive DReps face criticism, and even active ones deal with accountability demands (e.g., public explanations for every vote). Some feel the social pressure or "performance" expectations aren't sustainable. I built a website and published all my rationales on-chain or on X, but that still isn't good enough. Toxicity and community dynamics: Harsh criticism, conspiracy accusations, double standards in judging proposals, or polarised debates make the role unpleasant. Inconsistent voting rationales across DReps highlight broader governance growing pains.

One public thread per governance action, signed posts by DReps, SPOs, CC members, and proposers. Live at dreptalk.com

Enjoying the addition of the SPO version tracker by @yutazzz for this hard fork cycle. Curious correlation between influencooor SPOs and hard fork (un)readiness 👀 Is your SPO ready yet? adatool.net/spo-versions #Cardano #CardanoCommunity

Cardano Preprod: It goes to 11! 🤘

If you are a delegate and your SPO has not upgraded yet to the latest Cardano-node to support the hard fork, please consider re-delegating to a pool where your stake would count towards the hard fork and generally keeping the Cardano ecosystem healthy.

It's not every day you see Cardano mentioned on the main @Olympics website 🤷‍♂️ olympics.com/ioc/olympic-hig…

Registered Mithril Signers in Epoch 636 Your SPO on the list? 👀 hephy.io/mithril #Stake2Signers

Privacy works best with UTXOs. Intents work best with UTXOs. Formal verification works best with UTXOs. There has quite literally never been a better time to be a UTXO chain

Louder for those at the back. Seen/heard a number of accusations recently that this was only submitted in response to the CC election turnout. No. It was dependent, for better or worse, on the Plutus Cost Model submission before it. Election timing and turnout is coincidental.

van Rossem Hard Fork Status 🍴 - Preview Upgraded ✅ - PreProd hard fork enactment June 10th ⏳ - Mainnet; June 15th set as go-no-go decision for hard fork submission any issues with pace of upgrade? anyone found any issues with upgrading their tooling?

🎙️ Today, 4 PM BST Hosted by @cryptstitution with Minthril (@TeragoneFactory). After working with @IOG on core Mithril, now production-ready in v1.0.0, Teragone is leading a proposal to make Mithril a seamless part of the Cardano experience. Set a reminder and join the discussion 👇 x.com/i/spaces/1qxvvvWkQkpxB…

We say we want enterprise adoption... yet maintaining the tooling that enables it remains a tough sell. ~USD 100k for 1.5 FTEs maintaining projects already used in the ecosystem. So far, the voting results for the BloxBean proposal (Intersect) don't look great. civitasexplorer.com/budget/r… #Cardano #ada $ada