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From YouTube: Mid Month Development Update – December
Description
It’s the middle of the month and it’s time for us to give you a short update on the latest in Cardano development. Here the core architects, engineers and key partners building the ecosystem for everyone share their experiences and updates.
Timestamps:
00:00 Welcome to the mid-month update
00:48 Delivering DApps with Nigel Hemsley
05:18 Parameter changes with John Woods
07:22 Collaboration for advancement with Kevin Hammond and SundaeSwap
12:24 John Woods on three new CIPs offering powerful new Plutus functionality for developers
18:43 Kevin Hammond offers an update on the new P2P testnet, now live
22:02 Jason Jiang and Jonas Lindgren talk to Eric Czuleger about the central importance of auditing to create a safer, more secure DeFi ecosystem
33:36 Catching up with projects building on Cardano
44:35 Closing remarks
Projects featured in the show:
SundaeSwap: https://sundaeswap.finance, @SundaeSwap
Charli3: https://charli3.io, @Oraclecharli3
Genius Yield: https://www.geniusyield.co, @GeniusyieldO
Stableshift: @IgorStruchkov
Artano: https://artano.io, @artano__io
Cardax: https://cardax.io, @CardaxDEX
Vyfinance: https://www.vyfi.io, @VyFiOfficial
Full-length Building On Cardano community update: https://youtu.be/dRrnKS43LLk
Referenced links:
CIP-31: Reference inputs: https://github.com/cardano-foundation/CIPs/pull/159
CIP-32: Inline datums: https://github.com/cardano-foundation/CIPs/pull/160
CIP-33: Reference scripts: https://github.com/cardano-foundation/CIPs/pull/161
Hydra Proof of Concept GitHub repo: https://github.com/input-output-hk/hydra-poc/releases
Related blog posts:
Blog on network growth and optimization from John Woods: https://iohk.io/en/blog/posts/2021/11/22/slow-and-steady-wins-the-race-network-evolution-for-network-growth/
P2P Testnet : https://iohk.io/en/blog/posts/2021/12/08/introducing-our-new-peer-to-peer-p2p-testnet/
Remember: Cardano is a decentralized platform. Project inclusion in this video is not endorsement or recommendation and is provided for informational purposes only. Always Do Your Own Research.
A
But
let's
kick
things
off
with
some
of
our
usual
suspects
joining
me
are
kevin,
our
john
and
also
nigel,
to
talk
a
little
bit
more
about
the
rollout
of
dapps
on
cardano
nigel.
Let's
maybe
start
with
you.
It's
been
a
busy
couple
of
weeks
and
you've
been
working
on
a
number
of
processes
and
doing
a
lot
of
meetings.
I
understand
with
some
very
exciting
projects.
B
Well,
it's
all
about
delivering
more
daps
onto
our
kadano
network.
Now,
so
there's
a
lot
of
production
activity.
We've
been
working
closely
with
a
large
collection
of
partners.
Some
we've
been
working
with
since
the
early
days,
black
on
our
blue
test
net
and
they
started
to
deliver
we're
getting
some
interesting
gaps
now
out
into
the
main
net.
B
There's
a
fascinating
array
of
different
things
that
people
are
delivering
and
I
can
just
give
you
a
brief
update
on
what's
kind
of
going
on
right
now,
so
the
close
partners
that
we've
got
we've
just
released
atarno,
which
came
out
last
week.
This
is
an
nft
marketplace
with
a
fantastic
idea
where
they've
joined
up
with
a
whole
network
of
artists
to
produce
some
high
quality
nfts,
it's
a
great
trading
system
and
it
will
support
a
lot
of
international
artists
out
there,
interesting
as
well,
with
artano
they've,
introduced
some
of
the
consumer
finance
things
as
well.
B
We
have
m
labs
and
obsidian
and
binary,
apps
and
and
old
labs,
who
have
all
been
working
closely
with
us
to
get
their
first
versions
of
the
dapps
out,
so
not
yet
on
to
the
main
net.
But
by
the
end
of
this
week,
we're
expecting
to
see
them
onto
the
test
net
in
one
geyser
or
or
another
they've
been
working
closely
with
us,
they've
been
integrating
what
we
have
previously
called
the
the
plutus
application
back
end,
and
it's
worth
just
touching
on
that
a
little
bit.
B
So
we've
been
learning
from
the
partners
exactly
what
they
need
to
get
dapps
online,
whether
it's
clearing
the
chain
to
completing
their
pluto's
partial
transactions
to
actually
signing
submitting
or
balancing
different
transactions
through
a
browser
wallet
and
we've
broken
up
those
different
transaction
libraries
and
app
connectors
so
that
we
going
forwards.
What
we'll
have
is
a
whole
series
of
different
transaction
libraries
and
functions
that
either
we
might
provide,
or
our
community
members
might
provide.
B
B
Outside
of
that,
we
have
contacted
and
are
in
discussions
with
many
other
different
partners,
whether
they're
doing
finance
adapts.
Some
of
them
are
actually
building
oracles
or
all
sorts
of
different
types
of
functionality,
and
we
keep
in
touch
with
them
and
offering
them
as
much
support
as
we
we
possibly
can,
and
I
know
that
we'll
be
hearing
from
sunday
swap
so
I
won't
steal
their
thunder,
but
we're
doing
a
lot
of
good
work
with
them
and
they're
helping
us
improve
our
network.
At
the
same
time,.
A
A
C
Thanks
tim
yeah
going
really
well
so
to
remind
viewers.
We
made
two
major
changes
to
the
network
and
the
first
is
we
increased
the
block
size
from
64
kilobytes
to
72,
and
that
has
a
direct
effect
with
how
many
transactions
you
can
fit
in
a
block
we'll
be
increasing,
that
block
size
again
and
it'll
lead
us
to
a
place
where
you
can
have
more
than
four
scripts
in
a
block
so
we'll
be
able
to
eventually
support
more
of
our
smart
contracts
or
our
scripts
than
our
current
four
in
a
block.
C
Maybe
we
get
that
up
to
five
or
six
scripts
on
the
block.
The
second
thing
that
we
did
was
we
increased
the
amount
of
memory
units
or
abstract
memory
units,
as
they're
called
available
to
each
script
in
the
block.
So
this
is
important
scripts.
They
express
very
various
kinds
of
logic
in
order
to
spend
utxos
and
what
we've
done
is.
C
We've
allowed
these
scripts
to
basically
make
use
of
more
memory
than
they
currently
could
have,
and
so
we
increased
it
by
twelve
and
a
half
percent,
and
we
intend
to
do
that
again
to
increase
by
another
twelve
and
a
half
percent
relatively
soon
so
they're.
The
two
kind
of
big
changes
that
we
made
in
order
to
kind
of
increase
throughput
and
to
help
our
dap
developers
achieve
the
kinds
of
results
that
they
want
to
achieve.
C
And
then,
of
course,
as
I
mentioned
before,
in
the
kind
of
medium
term
short
to
medium
term
over
the
next
kind
of
six
months,
we're
going
to
be
looking
at
some
pretty
cool
changes
with
relation
to
layer,
one
throughput,
so
things
like
pipelining
and
I
mentioned
before.
Pipelining-
is
this
concept
that
we've
established
a
new
secure
way
to
propagate
blocks
so
through
the
cardano
network
prior
to
validation.
A
Of
course,
one
of
the
projects
that
I've
been
working
with
to
help
us
stress
test
performance
on
the
network,
of
course,
is
sunday
swap
and
we've
got
pi
joining
us
as
well.
Here
today
now
pi
welcome
before
we
bring
you
in
kevin.
You've
also
been
working
very
very
hard
on
this
collaboration.
Perhaps
from
your
perspective,
you
can
remind
us
what
we've
been
doing
on
the
network
and
how
it's
been
going.
Yes,.
D
We've
been
having
a
great
collaboration
with
a
number
of
d-app
developers,
tim,
including
sunday,
swap
who
are
moving
towards
their
rollout
at
this.
At
this
point
in
time
it's
been
a
it's
been
a
brilliant
collaboration
with
them.
We've
been
in
regular
contact
following
along
with
them
they've
been
giving
us
lots
of
feedback
on
how
the
system
is
behaving
for
them
under
realistic
load
conditions,
and
I
have
to
say
that
you
know
they're.
D
A
great
developer
team
they've
been
making
lots
of
improvements
to
their
app.
Are
they
thinking
about
the
load
on
the
network,
how
this
is
going
to
impact
other
network
users
etc
and,
and,
very
importantly,
from
our
perspective,
they're
testing
out
the
scaling
of
the
system
so
based
on
the
feedback
that
we've
been
getting
and
on
the
advice
we've
been
offering
to
them?
We've
been
working
on
some
general
guidelines,
we're
planning
to
roll
these
out
fused
by
other
d-app
developers
in
the
very
near
future.
So.
A
D
E
E
E
E
Yeah,
so
you
know,
the
team
has
been
working
very
hard
on
improvements
and
bug
fixes.
Our
main
goal
right
now
is
to
shore
up
and
kind
of
really
make
it
solid
in
full
transparency.
There
have
been
some
things
that
we
need
to
fix
so,
for
example,
the
scooper
that
we've
built,
which
aggregates
and
batches
transactions,
has
some
throughput
problems
and
so
we're
working
on
fixing
those.
E
Basically
there
are,
you
know,
orders
that
it
doesn't
include
in
the
block
when
maybe
reasonably
it
should
so
we're
trying
to
fix
those,
and
so
you
know
we're
working
through
those
issues,
we're
also
making
improvements
to
the
ui.
What
we've
discovered
is
that,
because
our
hybrid
order,
book
amm
operates
very
differently
from
you
know,
a
unit
swap
which
will
always
execute
your
order
immediately,
and
we
have
this
notion
of
limit
orders.
The
ui
that
was
designed
kind
of
taking
heavy
inspiration
from
uniswap
isn't
really
working
for
people.
E
So
I
can't
necessarily
give
concrete
timelines
there.
We're
still
kind
of
evaluating
that,
and
you
know
much
in
the
cardano
ethos.
We
want
to
do
things
right,
and
so
it's
taking
you
know
some
time,
but
just
know
that
the
team
is
working
as
hard
and
as
fast
as
we
can
and
we
will
release
it
when
there
you
know,
is
no
major
risk
to
doing
so.
Pi.
A
Thanks
very
much
for
joining
us
for
the
updates
and
I
hope
you
and
the
team
get
at
least
a
little
bit
of
down
time
over
the
holidays.
Thank
you.
So
john
optimizing
pluto's
is
obviously
going
to
be
another
key
part
of
increasing
throughput
and
efficiency
for
cardano
dapps,
there's
been
a
few
sips
recently
submitted.
Can
you
tell
us
a
little
bit
more
about
those
and
what
they
intend
to
do
absolutely.
C
C
The
most
friction,
so
there's
been
three
new
sips,
so
these
are
cardinal
improvement
proposals
to
enhance
the
way
plutus
operates
to
make
things
easier
for
developers.
So
I'm
going
to
give
you
they're
quite
technical,
but
I'm
going
to
give
you
just
a
quick
overview
of
the
three
of
them
and
actually
they
kind
of
dovetail
together.
So
the
three
of
them
work
and
complement
each
other
in
order
to
kind
of
make
things
pretty
great.
C
But
if
you're
a
you
know
a
smaller
developer
or
a
developer
that
maybe
doesn't
have
that
front
end,
it
can
be
tricky
to
kind
of
share
those
scripts
with
different
people
so
that
they
can
interact
with
your
with
your
decentralized
app.
So
our
first
sip
is
called
reference
scripts
and
what
it
does
is
it
basically
allows
someone
to
put
pluto
scripts
on
the
chain
physically
and
then,
rather
than
include
them
in
a
transaction.
You
can
instead
include
a
pointer
in
the
transaction
that
just
references
that
script
on
the
existing
chain.
So
that's
great.
C
That
means
that
I
don't
need
to
know.
I
don't
need
to
have
a
copy
rather
of
this
script,
to
interact
with
it.
Someone
just
needs
to.
Let
me
know
the
address.
It's
at
and
then
users
all
over
the
world
can
use
the
same
script
and
point
to
it.
So
this
really
makes
it
a
lot
easier
for
developers.
Another
cool
thing
is
this
allows
a
kind
of
a
use
case
where
you
could
have
it
could
be.
C
I
o
it
could
be
any
other
developer
in
in
the
in
the
decentralized
consortium
of
of
developers
out
there
for
cardano
can
put
reference
scripts
on
on
chain
and
allow
people
to
use
them
as
libraries,
so
we
might
be
able
to
say
well.
These
are
kind
of
a
bunch
of
libraries
that
we
consider
core
to
plutus.
Hey
we'll
put
them
here,
and
anyone
can
use
them
and
then
we
can.
C
The
second
change
is
called
reference
inputs,
so
maybe
I'll
talk
briefly
about
this
folks
will
probably
know
that
when
you're
using
cardano
you're
using
the
extended
utxo
model,
this
idea
of
on-spend
transaction
outputs.
Well,
currently
you
might
see
things
like
oracle's
built
as
dapps
and
an
article
might
give
you
say,
for
example,
the
price
of
euro
versus
dollar
and
the
way
the
oracles
work
at
the
moment
is
that
they
will
store
that
value
as
part
of
a
datum
on
a
utxo.
C
So
you've
got
a
utxo
with
it
with
a
little
piece
of
state
that
holds
the
current
value
for
euro
dollar.
Now,
if
you're,
building
an
app
on
chain-
and
you
wanna-
you
wanna
use
that
that
piece
of
information,
that's
on
the
chain
to
execute
a
swap
or
build
an
option
pricer
or
some
other
cool
derivative
technology.
C
C
What
would
be
even
better
would
be
if
you
could
read
the
value
sitting
at
a
utxo
like
an
oracle
value
or
some
other
piece
of
data
without
having
to
spend
the
utxo
itself
and
that's
what
reference
inputs
does
it
allows
people
to
reference
the
state
at
a
utxo
without
having
to
spend
and
then
recreate
that
so
again,
this
will
just
remove
friction
for
our
developers.
It
will
improve
concurrency,
because
now
you
can
have
many
folks
reference,
an
input
without
waiting
for
the
for
the
output
from
the
previous
person
who's
using
it.
C
So
I
think,
really
a
great
way
to
enhance
plutus
and
dovetails
well
with
this
idea
of
reference
scripts.
I
just
talked
about
so
now
you
can
be.
You
can
be
looking
at
outputs
on
the
chain,
referencing
scripts
and
all
this
stuff
is
done
in
a
smaller
and
smaller
transaction.
So
really
you
know
pushing
the
elegance
of
of
the
language
and
of
the
interactions
with
it.
So,
finally,
the
last
change
I'd
like
to
talk
about
is
called
inline
datums.
Now
I've
spoken
briefly
before
about
a
datum.
C
A
datum
is
basically
a
little
piece
of
state
like
you
can
think
of
it
like
a
save
game
or
a
high
score.
It
lives
at
a
utxo,
it's
just
a
little
bit
of
data
and
that's
used
by
adapt
developers
in
different
ways,
sometimes
maybe
to
store
a
public
key
or
to
store
some
kind
of
credential.
So
so
their
app
can
know
who's
allowed
to
do
something
with
the
app
well
at
the
moment,
a
little
bit
like
scripts.
As
I
described
earlier,
we
don't
actually
store
the
data
man
chain.
C
We
store,
we
store
instead,
a
hash
of
this
data
and
it's
the
responsibility
of
the
of
the
person
who's
interacting
with
the
contract
to
in
their
transaction,
include
the
script
and
the
data.
Now
again,
that's
fine,
it
can
be
done,
but
again
it's
a
little
bit
suboptimal.
So
what
we'd
like
to
try
to
do
is
make
it
so
that
end
users
and
developers
can
actually
store
the
datum
physically
on
the
chain,
not
just
its
hash,
but
the
actual
datum
itself.
C
So
again,
you
can
see
probably
a
theme
here,
we're
putting
more
on
chain
we're,
freeing
developers
from
the
need
to
monitor
scripts
and
share
scripts,
we're
freeing
them
from
the
need
to
monitor
and
share
datums,
and
indeed
we're
increasing
our
concurrency
by
allowing
folks
to
interact
with
utxos
in
a
concurrent
way.
So
I
think,
if
you
look
at
them
holistically
those
three
improvements,
they're
really
going
to
push
plus
forward
and
allow
folks
to
do
things
faster,
easier
and
better.
Thank
you.
A
D
Yeah
ted
this
is
this
is
really
exciting.
The
networking
team
has
been
working
on
this
for
a
long
time.
So
this
is
the
combination
of
a
lot
of
effort
on
their
part
and
a
huge
milestone
in
in
rolling
out
the
next
stage
of
decentralization
that
is
decentralization
of
for
running
the
network
infrastructure.
D
There's
no
peer-to-peer
nodes
day,
one
everything
is
peer-to-peer,
there'll
be
a
gradual
roll
out,
we'll
need
to
be
in
a
situation
where
we
have
some
peer-to-peer
nodes,
some
non-peer-to-peer
nodes.
This
is
going
to
be
a
process
rather
than
an
event,
but
it's
always
going
to
be
incredibly
exciting.
So
we've
got
a
nice
graphic
to
show
people
what's
going
on
what
the
graphic
shows
is
a
sample
network
and
it's
been
colored,
so
it's
been
split
into
several
different
colors.
D
D
Here's
they're,
giving
some
indication
about
which
the
best
connected
nodes
in
the
network,
how
much
traffic
is
being
passed
between
them
and
what
we
saw
from
this
is
very
pleasingly
that
the
psp
and
those
are
much
more
useful
to
maintaining
the
network
than
the
non-peer-to-peer
nodes.
This
is
a
validation
of
the
work
the
networking
team
has
been
putting
in
so
it's
the
first
public
step
in
delivering
the
peer-to-peer,
but
it's
a
very
important
step
towards
that
expect
more
exciting
results
to
come
out
in
the
new
year.
Thank.
A
You
kevin
for
that
update
now.
Another
thing
worth
mentioning,
of
course,
this
week
also
saw
the
second
release
of
the
proof
of
concept
for
hydra,
so
we're
showing
the
repo
on
the
screen.
Now,
if
you
fancy
digging
and
seeing
all
the
progress,
is
there
still
very
early
days
for
that
project,
but
another
exciting
step
forwards
in
terms
of
scalability
for
cardano
going
forwards?
Next
up
we're
going
to
talk
about
certification,
now,
certification
and
auditing
is
going
to
be
increasingly
important
to
maintaining
security
of
the
d5
landscape
for
cardano.
F
Proper
auditing
is
essential
part
in
making
any
software.
This
is
especially
true
in
the
d5
space
and
we
want
to
make
things
safer,
more
impactful
and
more
secure.
With
that
in
mind,
at
the
cardona
summit,
we
announced
our
plans
for
a
new
certification
program
that
will
be
rolling
out
in
the
next
year.
Today
I
am
joined
by
the
head
of
business
development,
jason
jeong
of
30k,
and
I'm
also
joined
by
charlie
3's
chief
technology
officer
jonas
lindgren.
Welcome
to
the
show
guys.
G
Hi
everybody,
my
name
is
jason
john,
I'm,
the
head
of
business
development
at
30k,
so
30k
is
a
blockchain
security
solution
provider
based
in
new
york.
Since
the
company
was
funded
in
2018,
we
have
provided
security
audits
to
over
1800
projects
with
over
290
billion
market
cap.
We
also
have
provided
active
24
7
on
chain
monitoring
service
to
over
350
projects
through
our
skynet
software
service
mission
is
to
secure
the
cyber
work,
starting
with
the
blockchain.
H
Hello,
I'm
jonas,
I'm
the
chief
technology
officer
for
charlie
3
oracles,
I'm
a
software
engineer
with
20
years
of
experience
and
I've
been
involved
in
crypto
in
since
the
early
days
of
bitcoin.
Unfortunately,
I
didn't
have
the
wisdom
to
keep
bitcoins
from
the
early
days
of
bitcoin,
but
you
know
it
is
what
it
is.
As
a
software
engineer,
security
has
always
been.
H
You
know
top
of
mind
for
me
when
you're
dealing
with
software,
it's
it's
not
just
about
the
product
you
develop,
but
it's
also
about
what
kind
of
vulnerabilities
your
product
might
have
and
and
when
it
comes
to
crypto
and
smart
contracts,
you
know
it's
it's
even
more
important,
because
a
potential
vulnerability
in
crypto
can
be
devastating
for
for
the
product
as
a
whole.
So
this
is
super
important
for
for
for
us
at
charlie,
and
I
think
it's
also
super
important
for
the
entire
cardano
ecosystem.
H
F
You
know
during
the
cardano
summit,
we
laid
out
all
of
our
plans
for
higher
levels
of
security,
and
this
includes
certification
for
decentralized
applications,
and
we
do
that
by
working
with
industry
leaders.
So
as
an
expert
in
this
field
jason,
how
is
serta
k
involved
in
creating
higher
levels
of
assurance
for
our
users?
So.
G
Formal
verification
is
in
30k
blood.
The
founders
of
the
30k
are
professors
from
yale
and
columbia
university
and
they
brought
the
know-how
with
them
to
the
company.
So
when
cardano
announced
the
plan
of
building
the
next
generation
of
a
cardinal
chains
and
the
certification
for
the
d-apps,
it
was
a
very
natural
move
for
us
to
work
together.
G
Many
thanks
to
the
cardano's
engineering
team,
led
by
gerard
and
simon,
we
started
preparing
for
the
cardinal
chain
and
the
hostile
language
in
july
time
frame.
So
before
we
started
doing
the
audit,
we
already
have
a
very
good
idea
of
you
know
the
fundamentals
of
the
cardinal
change,
so
when
charlie
3
came
to
us
with
the
40s
pilot
audit
were
really
ready
to
go
and
charty3
team
was
very
prepared
for
our
audit
process
with
their
white
papers
and
a
walkthrough
of
the
code
base.
The
quality
of
the
code
was
very
nice
as
well.
F
H
So
we
began
our
audit
process
with
30k
in
september
of
this
year,
we've
always
known
that
we
needed
a
very
thorough
audit,
so
we
opted
for
certik
based
on
that
they
they
have
a
good
reputation
and
they
came
highly
recommended
from
our
contacts
with
iohk,
and
we
always
knew
that
we
kind
of
wanted
a
in-depth
audit
as
well
involving
our
entire
code
base.
Since
you
know,
projects
that
rely
upon
us
rely
upon
our
entire
code
base
being
secure
and
our
system
being
secure.
H
H
It's
been
great,
our
audit
finished
as
of
november
and
this
year
and
during
the
process
they
found
a
few
issues.
They
they
highlighted
it
to
us,
and
we
were
very,
very
forthright
about
explaining
how
they
found
it.
What
the
potential
is,
thankfully,
it
was
nothing
devastating,
but
you
know
there
were.
H
There
were
some
important
issues
and
now,
thanks
to
to
certificate,
we
have
been
able
to
kind
of
fix
these
issues
and
revised
and,
of
course,
provided
that
revised
piece
of
code
to
30k
so
that
they
can
re-audit
and
make
sure
that
you
know
we
didn't
accidentally
introduce
any
other
issues.
I
believe
that
the
audit
report
is
available
on
the
the
30k
security
leaderboard.
I'm
sure
jason
can
correct
me
if
I'm
wrong
on
that,
and
it's
also
available
on
the
the
charlie
3
webpage,
which
you
can
find
at
charlie3.io.
F
G
So
formal
verification
of
the
code
is
so
important
in
this
development
process
and
finding
and
fixing
the
vulnerabilities
early
on
it's
far
less
expensive
than
the
hack
that
can
result
later
in
the
deployment.
That's
why
we
think
the
certification
program,
which
is
in
industry
first,
is
a
very
nice
initiative
and
we're
all
for
it.
H
Yeah,
I
I
have
to
say
that
I
completely
agree
with
jason.
Security
is
absolutely
essential
for
crypto
projects,
not
just
charlie
3,
but
for
every
crypto
project
out
there,
and
I
think
this
this
audit
and
certification
process.
It's
it's
a
really
great
initiative.
For
that
reason,
it
kind
of
pushes
the
cardano
ecosystem
and
the
community
as
a
whole
to
kind
of
take
these
things
seriously,
and
I
think
it's
a
very
valuable.
You
know
signal
to
the
users
that
this
is.
F
Yeah
it's
interesting.
It
reminds
me
of
the
fact
that
you
know
blockchain.
Space
is
a
nascent
industry,
that's
incredibly
powerful
and
incredibly
well
financed,
and
it
reminds
me
of
that
that
phrase
that
the
the
seat
belt
was
invented
after
the
automobile
you
know,
so
we
need.
We
need
security
guarantees
before
before
we
have
any
more
crashes.
Well,
thank
you
so
much
for
joining
us,
but
I
I'm
wondering,
is
there
any?
Do
you
have
any
caveats
to
a
certification
program
like
this?
G
Think
it's
a
ever
developing
process
because,
as
the
whole
ecosystem
or
the
chain
development
is
getting
more
and
more
complex
and
more
diapses
are
coming
aboard.
There
are
more
potential
vulnerabilities
can
surface.
So
you
know
you
know
it's
up
to
us
and
up
to
the
project
also
up
to
the
change
to
really
work
on
this,
keep
monitoring
this
and
develop
new
technologies
or
new
ways
of
detecting
those
vulnerabilities.
G
You
know:
30k
has
delivered
over
1800,
rigorous
audits
to
date,
and
the
projects
has
been
benefited
from
this
we're
also
working
with
cardano
on
implementing
skynet
to
provide
real-time
surveillance
service
to
the
project.
So,
overall,
I
think
you
know
we're
definitely
on
the
right
path
and
we
just
need
to
keep
working
on
those
and
grow
with
the
this
whole
crypto
industry.
H
Absolutely
I
think
security
is
an
ongoing
process.
We
all
have
to
continuously
keep
it
in
mind
as
we
work,
and
we
constantly
have
to
keep
our
eyes
open
for
new
risks.
This
goes
not
only
for
every
project,
of
course,
but
I
think
also
users
of
of
the
crypto
ecosystem,
not
only
cardano,
but
any
crypto
ecosystem
has
to
really
keep
security
in
mind
and
be
very
careful
when
they
choose
the
projects
they're
getting
involved
with
kind
of
make
the
judgment
are
those
projects
taking
security
seriously
or
not?
It's
a
key
issue
for
everyone.
F
A
So,
as
I
said
at
the
start
of
the
show,
there's
a
lot
of
projects
building
on
cardano,
we're
tracking
around
175
and
that's
just
the
ones
we
know
about,
and
we've
spoken
to
over
35
of
those
in
the
last
few
weeks.
Now
among
the
people
talking
to
those
projects
is
matt
from
our
community
team.
So
we
asked
him
to
get
together
with
a
number
of
those
projects
to
tell
us
a
little
bit
more.
F
This
week
I
had
the
opportunity
to
talk
to
another
five
great
projects:
building
on
cordano.
We
talked
about
how
they've
been
developing
over
the
past
months,
their
launch
plans
why
they're
building
on
cardano
and
amazing
innovations
that
they've
been
pioneering
in
their
different
niches.
So
it's
a
really
exciting
time
for
the
ecosystem
and
I'm
really
excited
to
share
this
with
you.
So,
let's
jump
in.
I
Our
team
is
really
taking
the
first
principle
approach
to
our
smart
contract
design
and
as
such,
our
decks
and
the
optimizer
protocols
have
been
designed
from
the
ground
up
to
fully
benefit
from
cardano's
utxo
based
ledger,
and
so
our
goal
is
to
really
build
the
best
in
class
app
and
be
the
first
d5
platform
in
the
industry
to
actually
combine
a
concentrated
text
with
a
liquidy
management
system.
We
plan
to
really
take
full
advantage
of
cardano's
unique
architecture,
meaning
that
d5
on
cardinal
is
not
just
just
going
to
be
better,
but
it's
going
to
be.
J
Our
project
is
named
stableshift.
It
is
a
an
efficient,
decentralized
digital
exchange
based
on
token
portfolios.
Formally,
it
was
also
known
as
liquify.org,
so
our
mission
is
to
make
the
capital
utilization
in
liquidity
pools
as
much
as
possible.
That's
why
we
are
building
a
new
protocol
that
gives
us
enough
flexibility
so
that
we
can
use
the
capital
not
only
for
token
exchanges,
but
also
for
some
other
device
services
like
landing
or
leverage,
swaps,
etc.
K
Our
app
is
called
ertano
and
it
is
the
first
community
created
marketplace
on
cardano
and
any
other
blockchain.
Our
mission
is
to
bring
high
quality
artists
to
cardano
and
expand
to
non-traditional
markets
outside
of
europe
and
north
america,
more
specifically,
africa
and
asia,
and
for
this
reason,
we've
onboarded
20
council
members
who
come
from
all
over
the
world
and
they
have
very
different
artistic
backgrounds
to
serve
as
the
first
curators.
On
our
platform,
the
name
of
our.
L
Dap
is
cardax,
it
decks
a
decentralized
exchange
on
on
cardano
and
what
we
aim
is
to
have
a
place
where
everybody
can
go
and
be
able
to
swap
cardano
native
tokens
for
another
cara
donated
token
or
for
for
ada
and
when
it
comes
also
to
a
comparison
with
competitors.
I
think
we
have
a
few
unique
things
so
being
one
that
we
went
through
project
catalyst.
We
were
the
first
index
ever
to
win
their
project
catalyst
and
we
have
wanted
twice
already.
L
So
that's
a
big
advantage
also
that
we
got
from
the
cardano
community
and
we're
very
thankful
for
for
that.
Apart
from
that,
we
also
did
two
very
unique
token
sales,
because
I
say
unique
because
we
didn't
allow
any
disease
or
any
institutional
investors.
It
was
purely
only
within
our
own
cardax
communities,
only
individuals
on
top
of
that,
when
we
we
launch.
Also,
we
have
a
very
interesting
and
and
unique
way
that
we're
tackling
the
concurrency
issue,
which
is
very
different,
that
any
of
the
other
taxes
have
so.
M
J
Well,
cardinal
is
a
new
and
rapidly
growing
blockchain,
which
has
already
a
lot
of
market
capitalization.
So
it's
a
very
lucky
opportunity
now
for
defy
projects
to
start
on
it,
because
we
have
chance
to
attract
liquidity
providers
and
users
and
they
will
bring
traction
and
transaction
volumes
to
our
projects
and
to
other
defined
projects.
K
I
believe
there
are
two
main
advantages
to
building
on
cardano.
One
of
them
is
the
community
that
is
open
to
open
sourcing
their
code
and
another
one
is
the
ethos
of
banking
being
banked.
So
when
we
were
thinking
of
opening
our
marketplace
in
different
blockchains,
we
knew
it
had
to
be
sustainable
and
it
had
to
be
affordable
to
markets
outside
of
europe
and
north
america.
Cardano
is
also
open
to
open
sourcing
their
software.
The
community
is
very
supportive
in
this
regard,
and
we
want
to
open
source
most
of
our
smart
contracts.
L
Well,
there's
several
reasons
for
building
on
on
cadado
being
number
one.
The
research
first
approach
is
very
appealing
to
us
as
a
team
not
only
of
our
developers
but
also
researchers.
Secondly,
we're
building
a
decentralized,
a
d5
application,
and
for
that
the
loaf
piece
on
cardanos
is
a
no-brainer
compared
to
ethereum
and
thirdly,
also
than
the
the
cardano
ecosystem.
It's
a
great
ecosystem
that
allows
us,
on
the
one
hand,
to
look
pools
of
developers
within
the
the
ecosystem
that
have
been
certified
through
their
producer
pioneers
program.
The.
M
F
J
J
K
Our
tunnel
right
now
is
in
the
stages
of
opening
the
marketplace.
We
have
our
first
major
collection
called
appearagon,
which
runs
from
december
10th
to
december
17th,
and
it
includes
60
artists
from
mostly
traditional
art,
world,
ethereum
and
tezos.
So
we're
really
proud
to
bring
people
from
other
blockchains
and
ertano
is
also
currently
auditing,
its
smart
contracts,
so
that
we
can
open
source
them
and
everybody
can
use
them
and
we're
in
partnership.
Actually
with
iog,
we've
made
a
presentation
today
off
our
smart
contracts
to
ig.
L
Our
core
team
is
working
on
a
pure
model
without
the
complexities
of
the
the
blockchain
to
be
able
to
to
test
data
in
the
next
phase
and
we're
working
closely
with
the
team
of
world
type.
These
guys
are
working
on
formal
specifications
that
once
that's
finished
by
the
end
of
this
year,
both
they
will
be
able
to
ramp
up
the
code.
That's
the
other
good
news,
also
that,
speaking
of
their
great
ecosystem
of
cardano,
we
were
able
also
to
start
a
collaboration
with
mlabs.
M
Of
course,
the
external
order
we've
set
up
to
do
that
with
tweak
that
we're
expecting
we're
hoping
to
have
that
done
by
february
march
kind
of
period
we've
got
most
of
the
ecosystem
built
for
the
decks.
We've
got
our
bar
functional
our
swaps.
Functional
pools
are
almost
functional
and
farms
are
almost
functional.
F
A
Thank
you
matt
for
that
now.
If
you
want
to
watch
the
full
version
of
that
video
make
sure
you
head
over
to
our
youtube
this
weekend
when
it
will
be
landing
and
matt's
going
to
be
speaking
to
a
lot
more
projects
over
the
months
ahead,
so
make
sure
you
stay
tuned,
that's
it
for
this
show,
but
make
sure
you
join
us
for
our
special
end
of
year,
cardano
360
on
the
last
thursday
of
the
month
to
take
a
look
back
at
where
we've
been
and
to
take
a
look
forwards
at
where
we're
going
in
2022..