Haven’t seen the levels of autistic screeching on this coin since the beginning of this month. Was the staking a complete flop?
ADA Cardano
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The staking works. It takes more or less 4 weeks to receive rewards from a stake pool. Since it started in 29th July 2020, nobody receive anthing yet. It's fine, but I guess Arkies and other projects were doing this since long time.
They need to release ledger coldwallet staking after that 80% is going to be staked and you can prepare for a $1 ada
How long till that’s available?
I had marked in the calendar that the 18th was the first reward date. Haven’t seen much news about its success
Lark just predicted a $5 ADA and he is no bullshitter
who? and why should i care
I didn't received mine yet since I'm staking in a smaller pool, and the probability is to take more time for a block to be created in that pool, but my reward will be bigger than the one the cocksuckers staking in saturated big pools will receive.
No idea, they are still busy with it, really hope they hurry up.
I got a total of 1.7 million ada on 5 different exchanges that are not staking.
When they release the ledger cold staking I will transfer them to my ledger and they go in a secured bank vault.
I assume there are a lot of other people like me waiting.
...
The official biz pool has over 3M ADA currently being staked.
adapools.org
I liked the potential for upside in this but I haven't seen much in terms of gains thus far. What's the future for this thing look like?
What is considered a ''small pool''?
I would consider any pools with under 500k or less small pools. Anything under 100k is probably not going to be profitable. In my opinion the sweet spot is anywhere between 5M-10M ADA. Pools with over 10 are probably going to become oversaturated as more people delegate to them.
どんだけ本当に悪い状況だと知っていたらのに…
if you hold this pos coin ngmi
small pools = few millions staked
big pools = hundreds of millions or billions staked
それが良くなる、アノンくん
Mine has 8 million ADA. Guess I'm having it alright for now.
What about the fake “pledge”? Can anybody explain to me why there is no need to really “stake” your tokens like other crypto, risking to lose them if the pool misbehave?
I'm not exactly sure if I'm correct on this so if somebody can give a better explanation please correct me. My understanding is that the stake pool operator is the only person who needs to pledge ADA in the event on any wrongdoing. If you delegating and pledging are too different things when you delegate you are increasing the overall pool size and increasing that pools chance of hitting a block. When you pledge you are a stake pool operator putting up your ADA as collateral as an insurance policy to not commit fraud on the network. I think I'm right but I'm not too sure. From what I understand if you delegate to a pool that commits fraud on the network your ADA is still safe and it would be the stake pool operator who is punished, not the delegators.
couple of weeks to 1 month. staking rewards are already being delivered but the transition from federated to full decentralization is gradual as an ultimate failsafe mechanism. this is the forst project that i know of that has ever transitioned from federated to fully decentralized. so far, the rollout to decentralization is smooth as butter
why not just use a dedicated airgapped laptop that you hook up just to install daedalus if you're this concerned?
Yeah but there are pools with 0 ADA pledged
it is up 700% since a few months ago, did you not dca in when it was low after the coronavirus induced market crash?
there shouldn't be any pools with billions staked
Just reading the responses. Looks promising. I have about 25k sat in a wallet but not staking. Thinking I should transfer it to Daedalus wallet and stake but didn’t think 25k was worth it
You can do that right now in adalite.io
because proof of stake need not expose tpur keys or rewards to outside control. the protocol can (and woth ouroboros does) do so. eth 2.0 is much less byzantine resistant than cardano.
>bitcoin 50% byzantine resistant
>cardano 50% byzantine resistant
>eth 2.0 25-33% byzantine resistant
eth 2.0 must have a stake slashing mechanic in order to try and recover from the lower security with regards to sybil attacks.
Lark shilled band as it could replace chainlink
This is when I bought in. I’d held before the market crash and chucked a load of money in after the market crash, just sold off some for short term profit but holding the rest
>stake slashing mechanic
Just like Tezos
roi will be between ~5-8% annual once cardano is fully decentralized. you decide idf it is worth it but staking with daedalus is extremely easy to do. i do use a dedicated machine for this thpugh with a fresh os install - linux in my case
does tezos slash stake as well? just watching that bug in the ETH 2 testnet destroy staked funds by across the board slashing gives me the shivers. imagine the bloodbath on mainnet should something similar occur. they would have to roll back the chain again
The Crypto Lark. He shilled Cardano last night.
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Yes it does, since mainnet started in 2018
adapools.org
>20 delegators
>3 million staked
Damn, yall niggas some heavy hitters, respect.