Dear Cardano Community, We ask you to support two Charms Inc. proposals during Catalyst Fund 15 to achieve trustless, universal asset interoperability for Cardano with both Bitcoin and Ethereum. 🟠🤝🔵🤝⚫ Tools built in collaboration with @0xLita and @BTC_OS. Details and links to both proposals are below. 👇🧵 --- 1️⃣Onchain Verification of Valida zkVM SNARK Proofs (Primary Proposal) A proposal for Charms Inc to team up with @0xLita to build a SNARK wrapper for Valida zkVM proofs over the BLS12-381 elliptic curve, and an Aiken smart contract to verify these proofs onchain on Cardano. This proposal delivers a permanent upgrade to Cardano’s smart-contract capabilities, enabling it to act as a verification layer for off-chain programs written in any language: Rust, C, or any language compiling to Wasm is fair game. As a result, it will enable trustless Bitcoin-Cardano asset interoperability: Cardano smart contracts will be able to directly verify any offchain program, including Charms proofs. Through this, all charms assets and CNTs will be able to move between Bitcoin and Cardano *trustlessly.* 🟠 It will also enable verification of state in Web2.0 applications and systems (e.g. user logins, emails, bank transactions, CashApp payments, etc), massively opening the Cardano dapp design space at large. 🔗Full Proposal: projectcatalyst.io/funds/15/… --- 2️⃣Ethereum X Cardano Asset Transfers Via Charms Protocol with @BTC_OS (Secondary Proposal) A proposal for Charms Inc. to team up with @BTC_OS to upgrade Charms with Ethereum compatibility, letting CNTs become fully portable to Ethereum as ERC-20s. Likewise, any ERC-20 token may be seamlessly transported to Cardano as a CNT. This provides a secure alternative to bridges, reducing risk/trust assumptions for users and dApps across the ecosystem. Every Cardano Native Token (CNT) gains trustless access to Ethereum’s massive liquidity, creating larger markets for Cardano tokens, more trading volume for Cardano-native assets, and increased usage and visibility for the broader community. Popular ERC20 tokens can move into Cardano’s ecosystem, including long sought after stablecoins like USDT and USDC. Ethereum asset holders looking for a more secure DeFi experience will have no issue moving their tokens to Cardano instead. With maximal interoperability, Cardano will attract developers looking for multi-chain reach, knowing it is safe to build a CNT and be compatible under the popular ERC20 standard later. 🔗Full proposal: projectcatalyst.io/funds/15/… --- Thank you for your support, Charms Inc💎

Midnight TGE has now published the $NIGHT allocation ratios for all 8 eligible blockchains for the imminent Glacier Drop Claim Portal launch, so now you can calculate your allocation amount, see midnight.gd/news/glacier-dro… Important added detail for Cardano holders: "For Cardano addresses that incorporate a stake key, the allocation is proportional to the amount of ADA held by all the addresses that share the same stake key, and the number counts such a stake key as one address."

The Midnight Glacier Drop Claim Portal will likely open next week, Tuesday, July 15th and close after 60 days, on September 15th. This phase is followed by the 30 day Scavenger Mine which will start on September 28th. Both phases should complete by October 28th. The given subscription period has a buffer of 14 days. This buffer will most likely be fully used to evaluate the results of the first phase, to calculate the left-over unclaimed $NIGHT for the Scavenger Mine. Source is the MiCA Midnight Whitepaper posted in the footer at midnight.gd/

Turtle WoW Mages at Raidstart @turtlewowteam #TurtleWoW #Classic

Looking greatly forward to the Midnight launch later this year with the Glacier drop to 135M crypto hodlers and then helping validate the new privacy service blockchain. Great new partnership announcement

hydra is double smashing cardano's growth, security, scale, and speed. but what is hydra? here's everything you need to know from our chat w/@adamKDean 👇

Please do upvote the two #Cardano Catalyst proposals from David, search for "DLC" so he will get funded. It would be a shame if his marketing ideas didn't come to fruition. Every vote counts.

Noticably we at #Cardano are at the last stage before utter defeat of lesser chains, UTXBros #Bitcoin 🤝 Cardano: "First they ignore you, then they laugh at you, then they fight you, then you win."

You can now use your favorite Bitcoin wallet to interact with Cardano 🚨 smartaccounts-dev.fluidtoken… 1) Connect with BTC wallet (Segwit only) in testnet 2) The smart contract will generate a Cardano address (Preview testnet) 3) Get tADA, delegate it, and send it around 4) Get tokens/NFTs and manage them Without ever leaving your Bitcoin wallet 😱

I am honored to help secure the chain which will extend #Bitcoin with the capability to execute smart contracts to e.g. partake in DeFi without giving up security nor decentralization nor the simplicity and solid store of value BTC offers. I hold both Bitcoin and Cardano. Can't wait to put my Bitcoin to use earning yield leveraging the Cardano layer.

Wow, what an exciting session just now at the #CardanoSummit2024, absolute highlight. 🤯 #Bitcoin has liquidity, lacks expressiveness, you can't really do anything with your Bitcoin, they just sit there. The ecosystem is thirsty to do something with the liquidity. #Cardano has expressiveness, lacks liquidity. Both chains prioritize security and decentralization, both chains use UTXO. Cardano has extended the UTXO model for smart contracts. UTXO allows for deterministic and efficient interoperability. The accounting model of all EVM chains use do not. Bitcoin OS has added BitSNARK to Bitcoin which allows to verify zero knowledge proofs directly on Bitcoin mainnet without breaking the strength of Bitcoin which is its simplicity. Cardano has added Bitcoin cryptographic primitives and zero knowledge capability. This allows for a bi-directional, efficient and totally trustless bridge between Bitcoin and Cardano. Cardano has among others the Aiken programming language with an excellent developer experience which makes it easy for Solidity developers to transition to writing DApps on Cardano to enable Bitcoin users to use their Bitcoin on the Cardano blockchain to generate yield by lending their BTC etc. All of this is possible within their BTC wallets, without the need to create a Cardano wallet. Interoperability is no longer a "dirty word", both chains can safely interoperate by "cryptographic extensions." Bitcoin can also directly benefit from the privacy layer which the Cardano partnerchain Midnight will add very soon. TLDR; Cardano is a perfect match to put all that dormant BTC to use. Now is the perfect time to build all this out and activate those BTC benefiting both ecosystems in a giant win-win which just makes perfect sense. LFG! 🎉💪

Midnight has its first public testnet, major milestone towards #MidnightNetwork mainnet, expected early 2025. 🥂

Ok what next? I propose to start listing #Cardano native assets on @Bitpanda_global. 💪 What you all think? RT if you agree.

What a race! @Cardano is the winner of our Bitpanda Crypto cup 🚀🔥 Congratulations from our side! #Cardano $ADA

Woohoo, today STR8 pool hit another milestone, the 13.000th #Cardano mainnet block! 🧱🧱🧱 This would not be possible without my 6141 delegators, thank you, I appreciate you! 🙏😍🥂 There is still room to grow, so hop on in! Straight up, and ahead!

What is one of the first things coming to your mind when you think about Switzerland? Yes, a safe place to do banking and finance with sound first mover innovation-friendly regulation. The Swiss FINMA, their banking authority, did it again and this time covered #crypto Proof of Stake staking in their latest published guidance. They recognized that staking can be done in different ways. Custodial and non-custodial. Exactly what we have been saying in Cardano for years, trying to get that difference in people's heads, which has proven to be very difficult becase Ethereum defines what most people think about staking. Specifically "For FINMA, without lock-up periods, slashing or similar restrictions on access, the "readiness" is ensured, and crypto-assets are available to the customer at all times, and can, thus, be segregated." "Readiness at all times" for the staker/customer is here the relevant criteria you would like your proof of stake chain to meet. Cardano's liquid, non-custodial staking fits this description perfectly, as if the founding entities anticipated this move by regulators. 😏 If you don't fit the defined criteria for "readiness at all times" validators will require banking licenses and be subject to money laundering regulations etc. 🙈 Germany, I believe is not that far behind. I run a validator for Cardano in Germany. To comply with German crypto legislation, I had to setup a company, which obviously needs a business banking account to pay for hardware and resources etc. Last year, I had to change my business bank due to a bank merger and the bank assimilating my old business bank loathed crypto. My new bank to-be wanted from me proof from our German banking authority (called BaFin) that my business is exempt from requiring a banking license. It took a weeks-long back and forth explaining Cardano's liquid, non-custodial staking in enough detail that they took me on as a client. I did find supportive early public statements from BaFin in a very similar direction like what FINMA now did in much more detail. This type of regulation is only logical IMHO, as it makes total sense to protect customers from loss when the staking model is not optimal like in Cardano. I certainly wouldn't want to stake my assets with a 3rd party, when I had risk that this 3rd party could lose my assets due to slashing, fraud or hacks. Still many do, not realizing there are much better options out there. This is a huge deal and major plus for #Cardano. 🥇 This benefit will get only more visible and relevant with time. 💪 Details: cms-lawnow.com/en/ealerts/20…

Mein Humor……. xD

#Cardano fam, the myth of $BTC decentralization is all but dead. Wall St/Blackrock have effectively done a bloodless coup. They control the infra, they own the custodians, & they have molded the regulatory & legal narrative in the US. The only true crypto left that holds true to a decentralized, permissionless, immutable, censorship resistant vision is @Cardano & our GLOBAL community of individuals. $ADA @Cardano_CF @Emurgo_Ken @LucidCiC

🔥Cardano Overtakes Polkadot as #1 Crypto for Development Activity - What It Means for the Market ✅#Cardano (#ADA) has recently become the leading cryptocurrency in terms of development activity, surpassing Polkadot (#DOT) and #Kusama.

Die letzte Aussage stimmt so nicht ganz. bundestag.de/webarchiv/texta…