Jerome Wojcik 
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Photo Credit:
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Died is NOT being developed by Iohk, or the Ethereum Foundation or Emurgo. This means it is NOT being developed by Cardano or the Cardano communities per se. It is being developed by COTI which is an independent, LAYER ONE blockchain utilizing a DAG protocol which is an entirely different method to creating a "chain". In fact they call it a "trust chain" not a block chain. COTI did apply for and received some Catalyst funding to create DJED stable coin which will be "running" the Cardano Blockchain. I know it will also run on Etthereum. Stable coins are as you know essential to creating Defi protocols. Because they utilize bridges between chains they have been vulnerable to theft. This is of course a real vulnerability on the Ethereum blockchain and it's "stable coins" which mostly appear to not be stable at all as they so often go to zero, are not fully audited etc. What are IOHK, the Foundation, and Emurgo then mostly working on if not a "stable coin". I think to summarize briefly: making the user experience "seamless" and easy, Digital identity, decentralized governance, real Fi, interoperability without the vulnerabilities which are destroying trust in the Ethereum blockchain, onboarding students and teachers in Ethiopia, Continuing to develop their relationship with World Mobile, working with Boost Mobile, etc. They are going for entire populations of users and if their strategy is correct, and executed well, they will achieve a network effect. At that point they had better be ready to scale up rapidly, here their flurry of activity on developing Hydra heads, pipelineing, etc. All this is new science, and must be built correctly and in a modular fashion so updates can happened without hard forks. Hence their greatest breakthrough is little mentioned but critical too its future: The "Hardfork Combinator."
THE INTRO MUSIC IS BACK
Best regards CV!
Pug Pug Pug.
Cardano to the moon and beyond ✨️
Happy new year CV
Happy New Year Everyone! Let’s Go!!!
I don't think they will introduce a withdrawal mechanism on ETH where you can withdraw it al at once, that would create a security risk. I think they would implement some sort of vesting mechanism.