Author

Topic: ADA Staking (Read 120 times)

hero member
Activity: 2436
Merit: 503
Cryptocasino.com
November 08, 2018, 07:27:32 AM
#4
Ok so its not just placing your ADA in an ADA wallet keeping it there and get awarded ADA in return..
If you are feeling doubt and why don't you just visit ADA's main forum directly? https://forum.cardano.org/t/how-to-stake-with-ada/6903/5
Someone has asked this question and there was a lot of interesting answers from ADA fans.
I guess that will be useful for you but in my understand about that just like put and lock your amount in staking address and then you will receive your interest.
jr. member
Activity: 266
Merit: 2
November 08, 2018, 06:21:33 AM
#3
Ok so its not just placing your ADA in an ADA wallet keeping it there and get awarded ADA in return..
full member
Activity: 632
Merit: 122
November 08, 2018, 06:14:07 AM
#2
It is more like voting other than freezing the balance, if you have a balance in your address.
you can be considered as stakeholder, and from many different stakeholder you guys need to select the slot leader.
slot leader is the one that can generate a new coin.

this is what i get but i might be wrong here.
jr. member
Activity: 266
Merit: 2
November 08, 2018, 06:06:37 AM
#1
Hi All,

Can somone please explain to me how ADA Staking works as I didnt understand it on their site.

Do you kind of freeze your ADA and get ADA in return for holding it?

Your help would be appreciated
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