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paoloardoino's profile
Paolo Ardoino
Paolo Ardoino
Paolo Ardoino
Verified account
@paoloardoino

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Paolo ArdoinoVerified account

@paoloardoino

CTO @bitfinex + CTO @tether_to [Views are my own]

London
github.com/prdn
Joined January 2010

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    1. Cas “Mildly Interesting” Piancey‏ @CasPiancey 5 Aug 2019

      H/t @dividebynine HERE WE GOpic.twitter.com/5LTFwB8ev3

      5 replies 3 retweets 14 likes
      Show this thread
    2. Cas “Mildly Interesting” Piancey‏ @CasPiancey 5 Aug 2019

      275 million Tethers to be burned The meaning? Absolutely nothing.

      6 replies 0 retweets 10 likes
      Show this thread
    3. i_am_nomad‏ @IamNomad 5 Aug 2019
      Replying to @CasPiancey

      i_am_nomad Retweeted i_am_nomad

      https://twitter.com/IamNomad/status/1158445744417849347?s=19 …

      i_am_nomad added,

      i_am_nomad @IamNomad
      Actually toasted . pic.twitter.com/Cvtfs8HKTD
      1 reply 0 retweets 1 like
    4. Cas “Mildly Interesting” Piancey‏ @CasPiancey 5 Aug 2019
      Replying to @IamNomad

      Revocation doesn’t have any effect on total supply or marketcap. Those were just accumulated Omni Tethers from the swap, unless you can steer me otherwise. Happy to hear another opinion.

      2 replies 0 retweets 0 likes
    5. i_am_nomad‏ @IamNomad 5 Aug 2019
      Replying to @CasPiancey

      do you have a source that says otherwise ? there's been revoke in the past the def came off the liability and total supply page. ie revoke of any token on any chain are not usable.

      3 replies 0 retweets 3 likes
    6. Cas “Mildly Interesting” Piancey‏ @CasPiancey 5 Aug 2019
      Replying to @IamNomad

      They were essentially already redeemed and unauthorized. All Tethers in the Treasury are unauthorized and no longer in use according to the Tether transparency page.

      1 reply 0 retweets 0 likes
    7. Cas “Mildly Interesting” Piancey‏ @CasPiancey 5 Aug 2019
      Replying to @CasPiancey @IamNomad

      AFAIK, Tethers in Treasuries don’t effect marketcap and the previous drop in total Tethers was from them being ushered back into the Treasury. :)

      1 reply 0 retweets 0 likes
    8. i_am_nomad‏ @IamNomad 5 Aug 2019
      Replying to @CasPiancey

      im just going to page @paoloardoino since he orchestrated the swap. better than us guessing.

      1 reply 0 retweets 3 likes
      Paolo Ardoino‏Verified account @paoloardoino 5 Aug 2019
      Replying to @IamNomad @CasPiancey

      Tether maintains an inventory on various chains called: authorised but not issued. We do that to fullfil wires without to have constantly to access private keys. The Omni not issued inventory grew too much due to exchanges swaps so we burned the majority.

      11:57 AM - 5 Aug 2019
      • 5 Likes
      • Late Stage Capitalist i_am_nomad Vince. Cas “Mildly Interesting” Piancey
      1 reply 0 retweets 5 likes
        1. Cas “Mildly Interesting” Piancey‏ @CasPiancey 5 Aug 2019
          Replying to @paoloardoino @IamNomad

          Yes. Decrease in totally supply will shrink, but circulating supply will remain the same. The Tether revoked essentially did nothing to the Tethers availablepic.twitter.com/ZdK6RKw5Ms

          0 replies 0 retweets 3 likes
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