Likes - Activity - permarugbear - Algorand

Algorand, The Foundation, and the Complete Lack of Adoption

they do one way announcements, whenever there is a question they either go unnoticed (intentionally) or the CEO blocks the account because its considered FUD the point is people do not want to spend time having fear uncertainty or doubt but Warden’s reckless spending on things that do not grow the …

Wouldn’t it be great if the Algo Foundation had a Twitter Spaces to get us up to speed on what they are and are not doing and why? I think that would tamp down a lot of speculation and rumors.

Massimo and Adri respond to things about Governance, and certainly read it. Anything outside of governance typically gets ignored.

this forum should be open to all holders and not just shills that only propagate the Foundation’s ideology (whatever it is). Algorand Foundation is just not hungry to gain market share, it took a passive role during bull market by pushing the narrative “build and they will come” whilst spending hun…

she already blamed Sean Lee for 3AC and owned up to Hodlnaut being her idea the most disgraceful act is not losing $35M, she probably had good intentions to keep the runway longer, the thing that gets most people upset is the endless dumping of ALGO and spending spree on things like bike charity. …

Hi I have several suggestions:

While other chains were onboarding users en masse as DeFi was ramping up, what was Algorand doing? It was vesting tokens as a ghost chain because it had an Algorand Virtual Machine that wasn’t mature enough to build a complete ecosystem on. Now, those users are comfortable with the ecosystems that …

If Algorand connected to Polkadot or Cosmos with state proofs, would that make Algorand interoperable to all the chains in their ecosystems or would they need light clients on all those chains?

I sure would like an update on the xgovs. When will the xgovs go into effect?

We seem to have a very creative community with a deep understanding of the system and the potential to both see the problems and perhaps even solutions. Would it make sense to define what the problems that need to be solved are or at least in which direction we’d like to go to and then allow also th…

@anon you are not the first one making this point in these days and I see the point. Often the dialogue of the community is very balanced and clarifications from community members are at least as good as those from the Foundation, and this is super healthy. Your points for example have been relevant…

@Massimo If the Foundation really wants discussion of Governance measures to be fruitful and productive, I would urge everybody from the Foundation (including the CEO and CTO) to participate much more actively in them. You can simply see from the ratio of responses from the Foundation compared to o…

Have we suggested a faster process when voting on governance items in the past? If so, what was the outcome? If not, perhaps that’s something to propose.

These two points need to be addressed by the foundation IMO moving forward. The lack of updates on progress to the xGov vote is disheartening as this will be a system that will need to be tweaked just as much (if not more so) than regular governance; hence time is of the essence to get the ball rol…

next measures can you guys limit the budget/spending so that the Foundation and Inc. can stop dumping ALGO? the issue here is adoption and its hard to gain adoption when a new users see ALGO dropping 15-20% month to month. also when are any of the past proposals implemented? we are voting and dis…

Maybe that’s why the CEO stepped down. In the stock market world, a CEO leaving isn’t always a bad thing, especially if the stock was underperforming. So a change in CEO might be a good thing. I think Algorand knows the previous team didn’t work, that’s why so many are being replaced. So, I guess we will…

I recently submitted a post about the Algorand sustainability, mostly focused on the Algorand network long-term economics. There have been discussions around this topic and even some reasonable attempts to answer some of the concerns. I hope that we hear more about this topic from the Algorand leads…

I am also big fan of Algorand project and everything around it. You have put lots of effort in the ecosystem itself, it is clearly visible for us and we appreciate i.