pitertxus
@pitertxus
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Bitcoin, Algorand & Gramo | CEO at @gramo_io | pitertxus.algo
Paris, France
Joined May 2011
A lot of noise these past few days! 😅 The way I see it, discussions like this are nothing but positive for $ALGO. They show that this is a mature chain, one where we can address important topics instead of sweeping them under the rug. "Algorand is the adult in the room" Tbh,
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Silvio Micali, the founder of Algorand, talked about the benefits of $ALGO's quantum resistance at Paris Blockchain Week 2024:"Our goal is to secure now, the chain now, because the chain lasts more than us."
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Just one and a half years ago, we introduced Gramo at Decipher. Compared to that time, sentiment is really low in the Algorand community. However, Gramo continues building our next product. We’re slower than expected, but be clear: time in this space passes quickly! Go Algorand!!
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$FOLKS is trending on @CoinMarketCap: #1 spot. Out of all the freaking damn cryptocurrencies out there… @FolksFinance is NUMBER ONE. Yeah. Let that sink in 🚀
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There is a limit to how thin you can cut the bread. NGL, I am done biting my tongue. I really don't like any of this. The walls are closing in, the money is drying up, and NOW the AF slowly points the finger at the community to "think" about sustainability? Are you kidding me?
Update on the status of the Project King Safety economic sustainability paper. The Foundation’s goal with the paper is to share thoughts on how to sustain staking rewards after January 2027, when the Foundation-provided rewards run out. The paper will explore both theoretical
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Foundation holds approx 1 billion Algo, this could fund block rewards at the current rate for 30+ years, but yet this is what they propose instead of cutting back on their over and wasteful spending.
Update on the status of the Project King Safety economic sustainability paper. The Foundation’s goal with the paper is to share thoughts on how to sustain staking rewards after January 2027, when the Foundation-provided rewards run out. The paper will explore both theoretical
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Do the maths $ALGO people only if you want to get mad 😡
@AlgoFoundation There are 10B algo tokens. To illustrate a point, let's assume each token was sold (i.e. released into circulation) for 10 cents. This means $1B USD will be made between AT, AF, and Silvio. The algo token was launched June 2019 and the last token will go into circulation Jan
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Algorand Foundation running $ALGO into the ground but for what? Wonder what Staci’s endgame is… REMEMBER: Algorand had promise not so long ago! NGL it smells funny
I'm out. Tech can be the best, but when greedy clowns are running it, it becomes a circus. PS @AlgoFoundation (ip Staci) asking opinion now when you've run train into the ground is laughable. There are plenty of us that gave you valid advice over years and you refused to listen.
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Escape from Spain while you’re still alive
@COPE Cuando el estado ya está persiguiendo la paga de los padres a sus hijos es que la cosa está realmente muy mal.
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“The only way to onboard users is to abstract away Web3 complexity with familiar Web2‑style interfaces and tooling” - Staci Warden, CEO, Algorand Foundation
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“Bitcoin has no utility” Meanwhile $4b is sent for $1.64 in a permisionless way
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Capped supply is non-negotiable. Full stop.
Don’t. Touch. Max. Supply. Period.
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Can anyone from @AlgoFoundation comment on this? Just looking for answers.
@StaciW_DC 6 months ago: "We were making a proposal for the protocol (AT) and the foundation to be together either in one place or the other. Those engineers are quite expensive and they get paid in dollars and so we were keen to show financial wherewithal to take over the
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⚠️ ALGOSCOUT IS SHUTTING DOWN This has not been an easy decision but, unfortunately, it is time to move on. There is only one reason for this: there is not enough DeFi volume/activity on Algorand, period. Last 24h volume on Tinyman is about $500k. The hype of $FOLKS launch is
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Calling all cypherpunks. You can now store all your passkeys in a self-custodial crypto wallet, protected by your 24 word seed phrase. No more passwords, no more relying on centralized gatekeepers, you are fully in control. As of today, I'm logging in to Amazon, GitHub, Google,
Liquid Auth is now live on Algorand through @PeraAlgoWallet 🔐 Sign in securely anywhere with your wallet. No passwords. No Big Tech lock-in. Just your face or fingerprint.
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