Member Info for ragnarr

Gwoods - care to provide proof of that comment.

farhantahir - if you want to delve more into XCM format here are a couple of links that you may find useful
https://polkadot.network/blog/xcm-the-cross-consensus-message-format/
https://docs.moonbeam.network/builders/xcm/overview/

Devil - thanks for taking the time and posting. I suspect nav will increase further soon with First Tin and Low6 IPOs

Gazzleberry - I take your point that nothing is 100% secure but I think in general terms we agree that blockchain technology and CBDCs are the future.

And along with Jamaica, The Bahamas, Nigeria and up until two weeks ago Ukraine. Several pilots also ongoing in Saudi, UAE, China, S Africa, Canada, S Korea, Uraguay and Ghana.

This site is quite useful for CBDC status if you are interested
https://cbdctracker.org/

Enjoyed the debate. Skol.

Gazzleberry - firstly I want to apologise as re-reading my post I fear I came across as patronising and I didn't mean to.

With regards to Fantom I assume you are referring to Fantasm Finance where there was a flaw in their smart contract. But the smart contract itself was not corrupted, it was bad programming/smart contract. The developer missed vital code in the minting process.

I absolutely stand by my comments that smart contracts and blockchain technology is far a more secure process for transactions than traditional methods and regardless of the differing sizes i believe it is perfectly reasonable to compare the two when utilising percentages (0.34% vs 2-5 % criminal activity)

However I do agree that the crypto space is minefield and I get your wild west analogy (I dont invest in crypto) and crypto fraud does make good headlines. But as far as Pendulum is concerned it blockchain tech that is important rather than crypto, and i believe the future of Digital currency will lie with CBDCs which will eventually be adopted globally. All major Banks, Credit cards and financial institutions accept the potential that blockchain technology security can provide which is why they are all vying to enter the space. Like I said there will always be fraud , but it is far far harder and requires far more specialised knowledge to carry out fraud in the blockchain space than it does in the traditional fiat space.
I think the simple way I see it is that both you and I and everyone on this bb will understand how all the credit card frauds work and, if minded, in principle would be able to carry them out (32 Billion USD last year) But I wouldnt mind betting that non of us would have a clue how to exploit a smart contract.

I see the insect TW has been sticking his hypocritcal, vindictive boot in again

Gazzleberry - naive view im afraid. Smart contracts are actually incorruptible and far more secure that fiat contracts. You can only be scammed into entering onto the wrong smart contract in the first place. So its not the smart contract that the problem

Of course Fraud is rife in any financial ecosystem but to put it into context chainalysis report confirmed that total crypto criminal activity in 2020 was approx 10 Billion USD (0.34 %)

For traditional money, According to the UN between 2-5% of global GDP is connected to criminal activity - that is 1.6 - 4 Trillion USD

its all about perspective.

I concur with Duke on timescales and am of a mind to think we could have news of Kasuma Auction some time in April but that is purely a gut feeling based on how quick things have developed so far. The latest partnership with e-money ( as well as the partnership with Lumenswap and the Web3 spacewalk project)is quite important to me as is a testament to what pendulum are doing and the fact that Pendulum has only been on the Rococo testnet for a couple of weeks means that already the policy to become a Parachain is paying dividends.

Baker Steel Resources Trust

Further listings planned for H122
BSRT is expecting to list First Tin (previously Anglo Saxony Mining) on the London Stock Exchange (LSE) in late Q122 or early Q222, which is one of the conditions for completing the sale and purchase agreement related to the Taronga tin mine signed with Aus Tin in November 2021. Aus Tin (listed on the ASX) will receive A$1.35m and 60m shares in First Tin (or a minimum 22.6% stake) once the listing has closed, bringing the total acquisition price to c A$34m. During the IPO, First Tin targets raising c £20m at a minimum price of 30p per share (significantly above BSRT’s acquisition cost). BSRT, which holds a c 25% stake in First Tin, has increased its carrying value by c 50% at the year-end revaluation to reflect the minimum price per share in the upcoming listing, which we understand is adjusted for a 25% discount attributable to execution risk.
Based on the pre-feasibility study (PFS) completed in 2014 by Aus Tin, the Taronga mine holds c 22m tonnes of resources with 0.16% tin content, translating into 35.6k tonnes of tin, which was later revised to 57.2k tonnes. The mine remains inactive since 2019 and First Tin plans its own DFS as early as 2022. It will be run parallel to the DFS and drilling programme on its primary Tellerhäuser project located in Germany. According to International Tin Association figures, both projects combined represent the fourth largest undeveloped (non-producing) tin resource worldwide. The AISC of the Tellerhäuser project stands at US$16,600/t compared with the current spot tin price on the LSE of more than US$40,000/t.

https://www.edisongroup.com/publication/nav-broadly-flat-in-fy21-after-strong-fy20/30462/

Leaf mobile/Eastside Games - Small part of the portfolio but important non the less.
https://www.newswire.ca/news-releases/east-side-games-group-reports-record-fourth-quarter-and-full-year-2021-financial-results-849449558.html

. Record full year revenue of $93.2M growing by 37% vs full year 2020
Record Q4 revenue of $28.6M increased by 49% vs same period last year
Record Q4 player audience
Annual adjusted EBITDA of $7.4M

Me too - thats the worry :-0

OB - LOL - but now you've got me worried as apparently its when the lower intelligence dont fully understand things they over compensate with over confidence - certainly no offence intended :-)

ASHISH KUMAR SINGH
Sales & Product Marketing Strategist - Medical Devices, Capital Equipment, / Currently General Manager- India@ Feedback Medical Ltd

I'm excited to share that I've been onboarded as General MANAGER at Feedback Medical Ltd.

https://www.linkedin.com/in/ashish-kumar-singh-0b86a07/recent-activity/

Just reading CEOs twitter feed she really is quite remarkably confident. There is a thing called the Dunning-Kruger effect, where the dumb get confident and the intelligent get doubtful.

Now when the intelligent get confident its generally for a reason.

Tell that to the 11000 currently in hospital.

Covid cases appear to be rising in older people as increased socialising, waning immunity and a more transmissible version of the Omicron variant threaten to fuel a resurgence of the virus.

https://www.theguardian.com/world/2022/mar/10/uk-covid-cases-rising-among-those-aged-55-and-over

Blue - spoke too soon - just ticked up :-)

427ac - lots of questions and lots of unkowns currently as most countries are still in the ‘investigation’ phase, but make no bones about it CBDCs are coming. I am sure no one wants another essay from me but just see CBDCs as exacrly what they are - national digital currency as against Crypto which is a de-centralised digital currency.

The important bit is that as they are adopted by every country the need to trade internationally requires a network and in truth there ate two main runners - Steller and Ripple and as Pendulum is to be an integral part of that process to enable bridging from one format to another.
In five years time how many millions of daily transaction could have the need to utilise pendulum within the process. Caveat: providing it actually does what it says on the tin.

Interesting article about the rise of CBDCs. Digital, currency is going to explode in coming years and Pendulum are (could/should) be at the centre of it.

CBDCs in Focus This Year: Will These Be the Bitcoin Killer?
https://www.financemagnates.com/cryptocurrency/cbdcs-in-focus-this-year-will-these-be-the-bitcoin-killer/

Dave- Agreed - definitely RNS worthy news and wouldnt be surprised to see it come. Pendulum clearly have a lot going on and probably moving faster than Derek can keep up with.