🌾 Introducing Haystack: a mobile-native DeFi app built to make trading on Algorand simple, accessible, and rewarding.
🚀 From memecoins to serious RWAs, Algorand should be the home of all trading, and Haystack is here to make that happen!
Getting ready to speak in a bit here at EthDenver about Reti / NFDs and whatever else people want to hear about Algorand.
#AlgorandCan@algodevs@TxnLab@NFDomains
Just saw the news. Damnit.
I agree but in a different way.
Algorand Foundation should merge with Algorand Technologies, be a single US based company with John Woods as CEO.
The split entities has been a disaster IMO.
Should run as lean tech startup that gets shit done.
Algorand governance is not a protocol. It’s a single off-chain script that scrapes the indexer, tallies balances, and writes to a database that only the Foundation has access to. That script has been tweaked in the past to include LP tokens, LSTs, etc.
There is no consensus
Or just use #Algorand pay a .001 $ALGO fixed transaction fee (sorry ADA and ETH), have no failures (sorry ADA and ETH) or risk losing funds due to guessing wrong on gas (sorry ETH). Oh, and 4.3 seconds one and done guaranteed no-fork finality - sorry ADA and ETH.
🧵
For those curious about the ARC NFT specs, here's a basic summary:
There are basically 3 specs right now
arc3
arc19
arc69
arc3 is for completely immutable nfts - newly minted - with arbitrarily sized metadata and link to image(s) in that metadata - all completely immutable..