Cardano (ADA): A New Cryptocurrency and More - page 26.

othell_rogue

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Quote from: Raja_MBZ on March 10, 2020, 05:25:03 PM

Quote from: ~ KiD ~ on March 10, 2020, 07:25:21 AM

Hi!
Is out there a guide on how to mine this coin?
Thanks in advance!

You can't mine ADA as it's based on proof-of-stake structure. You may participate in the current Cardano's proof-of-stake testnet (Shelley testnet) in multiple ways such as if you had ADA before the snapshot, you can stake them through any available stakepool.

Interesting, I didn't know I can participate in the Shelly Testnet if I had some ADA back in the days.
Now I've checked and it seems I had like 100K ADA in Daedalus wallet on November 29.

Now I want to participate in the Testnet, but:
- I have downloaded Daedalus ITN1 and installed (Win 10).
- it seems is not working properly, node is not responding

Any help would be appreciated. Thanks in advance!

Later edit:
Everything is fine, it seems like I need to keep the wallet open longer, even after the connection issue prompt is displayed and it will eventually connect to the network.

mich

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#1 VIP Crypto Casino

Quote from: ~ KiD ~ on March 10, 2020, 07:25:21 AM

Hi!
Is out there a guide on how to mine this coin?
Thanks in advance!

No you cant mine Cardano but you can stake it which is easy and earns you more
Cardano uses a Proof of Stake System and not a Proof of Work system

Raja_MBZ

legendary

Activity: 1834

Merit: 1520

Quote from: ~ KiD ~ on March 11, 2020, 02:22:41 AM

Quote from: Raja_MBZ on March 10, 2020, 05:25:03 PM

Quote from: ~ KiD ~ on March 10, 2020, 07:25:21 AM

Hi!
Is out there a guide on how to mine this coin?
Thanks in advance!

You can't mine ADA as it's based on proof-of-stake structure. You may participate in the current Cardano's proof-of-stake testnet (Shelley testnet) in multiple ways such as if you had ADA before the snapshot, you can stake them through any available stakepool.

Understood, thanks for your answer! I have few more questions:
1. Can I stake Cardano, if I buy it on exchanges now? On the Testnet, of course.
2. Are the coins earned from Shelly Testnet of any use, I mean if the coins will be transferred to Mainnet when this Shelly will be available? (I know this is unlikely to happen because that's why is called Testnet), but I saw one project where the coins from Testnet will be transferred to the Mainnet, that's why I am asking.

1. No, sorry, you can't stake ADA if you buy it from exchanges at this time.

2. Yes, all the earned stake during the testnet will be transferred to the mainnet once the testnet ends. This is why IOHK has named this testnet as "incentivized testnet".

~ KiD ~

jr. member

Activity: 32

Merit: 1

Quote from: Raja_MBZ on March 10, 2020, 05:25:03 PM

Quote from: ~ KiD ~ on March 10, 2020, 07:25:21 AM

Hi!
Is out there a guide on how to mine this coin?
Thanks in advance!

You can't mine ADA as it's based on proof-of-stake structure. You may participate in the current Cardano's proof-of-stake testnet (Shelley testnet) in multiple ways such as if you had ADA before the snapshot, you can stake them through any available stakepool.

Understood, thanks for your answer! I have few more questions:
1. Can I stake Cardano, if I buy it on exchanges now? On the Testnet, of course.
2. Are the coins earned from Shelly Testnet of any use, I mean if the coins will be transferred to Mainnet when this Shelly will be available? (I know this is unlikely to happen because that's why is called Testnet), but I saw one project where the coins from Testnet will be transferred to the Mainnet, that's why I am asking.

Btc_1856

sr. member

Activity: 1540

Merit: 255

Quote from: Raja_MBZ on March 10, 2020, 05:25:03 PM

Quote from: ~ KiD ~ on March 10, 2020, 07:25:21 AM

Hi!
Is out there a guide on how to mine this coin?
Thanks in advance!

You can't mine ADA as it's based on proof-of-stake structure. You may participate in the current Cardano's proof-of-stake testnet (Shelley testnet) in multiple ways such as if you had ADA before the snapshot, you can stake them through any available stakepool.

Did they announce about when they are going to release the live version for staking, people who participated during their testnet are eligible for staking in the future? I have a strange doubt about only people who participated during their testnet phase, when is the exact date for the live version?

Raja_MBZ

legendary

Activity: 1834

Merit: 1520

Quote from: ~ KiD ~ on March 10, 2020, 07:25:21 AM

Hi!
Is out there a guide on how to mine this coin?
Thanks in advance!

You can't mine ADA as it's based on proof-of-stake structure. You may participate in the current Cardano's proof-of-stake testnet (Shelley testnet) in multiple ways such as if you had ADA before the snapshot, you can stake them through any available stakepool.

~ KiD ~

jr. member

Activity: 32

Merit: 1

Hi!
Is out there a guide on how to mine this coin?
Thanks in advance!

mich

legendary

Activity: 3122

Merit: 1032

#1 VIP Crypto Casino

Cardano Unleashing Scalability Through Hydra Sharding

Years of research yield Cardano's second-layer scaling solution, Hydra, which promises to massively increase scaling through its many "heads."

https://cryptobriefing.com/cardano-unleashing-scalability-hydra-sharding/

Makleyhill

member

Activity: 616

Merit: 11

After about 5 years of interdisciplinary research, the Hydra article was published, available in a text document for viewing, which is a major scientific achievement in the further development of Cardano
https://eprint.iacr.org/2020/299.pdf

iHodler

member

Activity: 141

Merit: 21

Trust No One!

Quote from: hanter69 on March 01, 2020, 11:32:15 PM

the price is falling constantly what the crap Huh

There is No crap. Only good opportunities to buy more, to buy cheap.

TIP: DYOR and don't put more money in than you can live with if you will lose them all.

mich

legendary

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#1 VIP Crypto Casino

Quote from: ?? on ??

IMO, after listening to this update, there's absolutely no way that we'll get to see Shelley on mainnet by the end of this month!

https://twitter.com/IOHK_Charles/status/1234218989653348352

It seems like it's going to be May. Roll Eyes

And now its getting even worse with no Shelley mainnet release date might not even be so soon as may

Charles Hoskinson: No release date for Cardano Shelley mainnet until more milestones achieved

“So rather than giving a date that could have a chance of being inaccurate (…) I wanted to wait for a few more milestones to be achieved,” he said.

https://cryptoslate.com/charles-hoskinson-no-release-date-for-shelley-mainnet-until-more-milestones-achieved/

hanter69

newbie

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the price is falling constantly what the crap Huh

Raja_MBZ

legendary

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WEEKLY DEVELOPMENT REPORT

https://cardanoroadmap.com/en/status-updates/update/2020-02-28/

Piston Honda

legendary

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Juicin' crypto

lol all talk, zero price results to show (as usual).

shit better get right asap.

iHodler

member

Activity: 141

Merit: 21

Trust No One!

Quote from: mich on February 28, 2020, 04:29:24 AM

Cardano CEO Releases Major Update, Promises Inbound Partnerships

“The Best Part Of My Day Is When I Have A Chance To Chat With My Product Managers About Our Progress, New Ideas, And What’s Coming To Market Soon. Cardano Is Like An Iceberg. It Is So Much You Don’t See, But Will Soon Have A Huge Impact. The Next Two Months Are Going To Be Wild.”

https://coinpedia.org/news/cardano-ceo-releases-major-update/

Good news, but looking at the price (BTC) people are still selling, I wonder why? Maybe they don't believe in Cardano's CEO anymore?

Anyway, still hodling here.

mich

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Cardano CEO Releases Major Update, Promises Inbound Partnerships

“The Best Part Of My Day Is When I Have A Chance To Chat With My Product Managers About Our Progress, New Ideas, And What’s Coming To Market Soon. Cardano Is Like An Iceberg. It Is So Much You Don’t See, But Will Soon Have A Huge Impact. The Next Two Months Are Going To Be Wild.”

https://coinpedia.org/news/cardano-ceo-releases-major-update/

mankuk0007

newbie

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Quote from: sv.alyona on February 25, 2020, 04:46:13 AM

A series of videos introduces the Cardano team, a video about Steve Wagendorp, project technical director
https://www.youtube.com/watch?v=-ma--vxfrq0&feature=youtu.be

Can you tell me more about videos Cardano team and the project.

sv.alyona

member

Activity: 518

Merit: 18

A series of videos introduces the Cardano team, a video about Steve Wagendorp, project technical director
https://www.youtube.com/watch?v=-ma--vxfrq0&feature=youtu.be

mich

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Activity: 3122

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#1 VIP Crypto Casino

Getting closer to Shelley
https://cardanoroadmap.com/en/shelley/

Cardano Gets Nearer to Shelley Now That Hard Fork Arrives, Here’s How

Now that Cardano has conducted the hard fork, it has taken a major move towards implementing Shelley – here’s why the fork is crucial for it

https://u.today/cardano-ada-gets-nearer-to-shelley-now-that-hard-fork-arrives-heres-how

Raja_MBZ

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Quote from: mich on February 23, 2020, 02:44:44 PM

Quote from: Raja_MBZ on February 22, 2020, 06:03:26 PM

A strange statement by a Cardano ambassador:

Quote

Something is dropping on Sunday February 23rd

Something Huge.

Get ready....

https://twitter.com/DenicioBernier/status/1231317670403956737

We'll soon find out what it's all about. Roll Eyes

Waiting for this announcement today also

It's not "huge" at all. Tongue

Quote

Today we’re announcing the launch of our StakePool & the partnership with someone (working together with a larger organization) traveling to Africa for missionary work.

We’re planning in the long term to provide houses House with garden in remote areas with solar powered love lighting.

https://twitter.com/DenicioBernier/status/1231562544260751362

Topic: Cardano (ADA): A New Cryptocurrency and More - page 26. (Read 50842 times)