Why is Cardano important to traders?
Launched in September 2017, Cardano is an ambitious blockchain project founded by Charles Hoskinson, the former co-founder of Ethereum and BitShares. In the project’s own words, it was created to “provide a more balanced and sustainable ecosystem” for cryptocurrencies.
https://capital.com/trade-cardano
Topic: Cardano (ADA): A New Cryptocurrency and More - page 34. (Read 50871 times)
Charles Hoskinson Plots Path Forward for the Cardano Foundation, the ‘Single Most Important Entity’ for Its Decentralization
Although building a public blockchain network that can scale for billions of users has been a rough ride at times, Cardano creator Charles Hoskinson says the Cardano Foundation, whose leader, Michael Parsons, stepped down last year, is the engine that will drive the platform toward true decentralization.
https://dailyhodl.com/2019/12/07/charles-hoskinson-plots-path-forward-for-the-cardano-foundation-the-single-most-important-entity-for-its-decentralization/
Although building a public blockchain network that can scale for billions of users has been a rough ride at times, Cardano creator Charles Hoskinson says the Cardano Foundation, whose leader, Michael Parsons, stepped down last year, is the engine that will drive the platform toward true decentralization.
https://dailyhodl.com/2019/12/07/charles-hoskinson-plots-path-forward-for-the-cardano-foundation-the-single-most-important-entity-for-its-decentralization/
According to the following Charles' tweet, staking on the incentivized testnet will begin during the upcoming Wednesday-Friday.
https://twitter.com/IOHK_Charles/status/1203845212717469698
Finally!
https://twitter.com/IOHK_Charles/status/1203845212717469698
Finally!
On the incentivized testnet site the official calculator has appeared and I wonder if it is eligible solely for staking of test ADA or will continue functioning to estimate profit from staking in mainnet.
That calculator is not only applicable to the incentivized testnet rewards but also for the mainnet rewards once Shelley goes online. It'll continue functioning as it is.
On the incentivized testnet site the official calculator has appeared and I wonder if it is eligible solely for staking of test ADA or will continue functioning to estimate profit from staking in mainnet.
Everything you need to know about Cardano’s Shelley incentivized testnet
With just days left until the incentivized testnet for Shelley is finally released, Cardano issued a detailed explanation of the incentive model employed in the testnet. While the model introduced to the testnet isn’t the final one, the company published details about the rewards users can expect in the following weeks.
https://cryptoslate.com/everything-you-need-to-know-about-cardanos-shelley-incentivized-testnet/
With just days left until the incentivized testnet for Shelley is finally released, Cardano issued a detailed explanation of the incentive model employed in the testnet. While the model introduced to the testnet isn’t the final one, the company published details about the rewards users can expect in the following weeks.
https://cryptoslate.com/everything-you-need-to-know-about-cardanos-shelley-incentivized-testnet/
Another update against my expectation:
Explaining the Shelley Incentivized Testnet incentive model
https://iohk.io/en/blog/posts/2019/12/05/explaining-the-shelley-incentivized-testnet-incentive-model/
I didn't expect the incentivized testnet staking rewards to be this big!
Explaining the Shelley Incentivized Testnet incentive model
https://iohk.io/en/blog/posts/2019/12/05/explaining-the-shelley-incentivized-testnet-incentive-model/
Quote
Incentivized Testnet rewards
The rewards for delegating stake or operating a stake pool on the Incentivized Testnet depend upon the percentage of network participation. An approximate 3.8 million ada will be awarded per epoch. If 50 percent of the network participates, then we estimate the annual return for delegation will be approximately 7 to 8 percent but could, if network participation is lower, be as high as 15 percent. A rewards calculator will be available soon on the Incentivized Testnet website which, in addition to other variables, will allow you to calculate approximate rewards relative to different levels of network participation.
The rewards for delegating stake or operating a stake pool on the Incentivized Testnet depend upon the percentage of network participation. An approximate 3.8 million ada will be awarded per epoch. If 50 percent of the network participates, then we estimate the annual return for delegation will be approximately 7 to 8 percent but could, if network participation is lower, be as high as 15 percent. A rewards calculator will be available soon on the Incentivized Testnet website which, in addition to other variables, will allow you to calculate approximate rewards relative to different levels of network participation.
I didn't expect the incentivized testnet staking rewards to be this big!
such reward is fit the rumors circulating nearly two moths and predicting 12 percent for staking on testnet, love it.
During testnet the reward seems to be high and this will continue to decrease further, maybe when the people are allocating ADA coins to the delegates may decrease the staking percentage? Quitely we have seen many companies are decreasing the percentage when the allocating coins increases.
Another update against my expectation:
Explaining the Shelley Incentivized Testnet incentive model
https://iohk.io/en/blog/posts/2019/12/05/explaining-the-shelley-incentivized-testnet-incentive-model/
I didn't expect the incentivized testnet staking rewards to be this big!
Explaining the Shelley Incentivized Testnet incentive model
https://iohk.io/en/blog/posts/2019/12/05/explaining-the-shelley-incentivized-testnet-incentive-model/
Quote
Incentivized Testnet rewards
The rewards for delegating stake or operating a stake pool on the Incentivized Testnet depend upon the percentage of network participation. An approximate 3.8 million ada will be awarded per epoch. If 50 percent of the network participates, then we estimate the annual return for delegation will be approximately 7 to 8 percent but could, if network participation is lower, be as high as 15 percent. A rewards calculator will be available soon on the Incentivized Testnet website which, in addition to other variables, will allow you to calculate approximate rewards relative to different levels of network participation.
The rewards for delegating stake or operating a stake pool on the Incentivized Testnet depend upon the percentage of network participation. An approximate 3.8 million ada will be awarded per epoch. If 50 percent of the network participates, then we estimate the annual return for delegation will be approximately 7 to 8 percent but could, if network participation is lower, be as high as 15 percent. A rewards calculator will be available soon on the Incentivized Testnet website which, in addition to other variables, will allow you to calculate approximate rewards relative to different levels of network participation.
I didn't expect the incentivized testnet staking rewards to be this big!
such reward is fit the rumors circulating nearly two moths and predicting 12 percent for staking on testnet, love it.
when moon?
cooos...it's taking forever
LOL
cooos...it's taking forever
LOL
Another update against my expectation:
Explaining the Shelley Incentivized Testnet incentive model
https://iohk.io/en/blog/posts/2019/12/05/explaining-the-shelley-incentivized-testnet-incentive-model/
I didn't expect the incentivized testnet staking rewards to be this big!
Explaining the Shelley Incentivized Testnet incentive model
https://iohk.io/en/blog/posts/2019/12/05/explaining-the-shelley-incentivized-testnet-incentive-model/
Quote
Incentivized Testnet rewards
The rewards for delegating stake or operating a stake pool on the Incentivized Testnet depend upon the percentage of network participation. An approximate 3.8 million ada will be awarded per epoch. If 50 percent of the network participates, then we estimate the annual return for delegation will be approximately 7 to 8 percent but could, if network participation is lower, be as high as 15 percent. A rewards calculator will be available soon on the Incentivized Testnet website which, in addition to other variables, will allow you to calculate approximate rewards relative to different levels of network participation.
The rewards for delegating stake or operating a stake pool on the Incentivized Testnet depend upon the percentage of network participation. An approximate 3.8 million ada will be awarded per epoch. If 50 percent of the network participates, then we estimate the annual return for delegation will be approximately 7 to 8 percent but could, if network participation is lower, be as high as 15 percent. A rewards calculator will be available soon on the Incentivized Testnet website which, in addition to other variables, will allow you to calculate approximate rewards relative to different levels of network participation.
I didn't expect the incentivized testnet staking rewards to be this big!
Yes, you are right, but most of the people will surely a lot of interest towards ADA because we have seen some exceptional developments from the dev team and definitely many people will start allocating their funds for the best delegates, even the percentage seems to be very high.
Cardano’s Resilience: Staking Pool Processed over 1 Million ADA Transactions in Under 5 Hours
At a time when there are no official stake pools registered with Cardano, one aspiring pool, Unspent, has revealed that it helped process over 1 million ADA transactions in 4.13 hours in the latest stress test of Cardano Jormungandr v0.8.0-rc7 in anticipation of the Shelley Incentivized Testnet.
https://coingape.com/a-stake-pool-processes-over-1-million-cardano-ada-transactions-in-a-stress-test/
At a time when there are no official stake pools registered with Cardano, one aspiring pool, Unspent, has revealed that it helped process over 1 million ADA transactions in 4.13 hours in the latest stress test of Cardano Jormungandr v0.8.0-rc7 in anticipation of the Shelley Incentivized Testnet.
https://coingape.com/a-stake-pool-processes-over-1-million-cardano-ada-transactions-in-a-stress-test/
Another update against my expectation:
Explaining the Shelley Incentivized Testnet incentive model
https://iohk.io/en/blog/posts/2019/12/05/explaining-the-shelley-incentivized-testnet-incentive-model/
I didn't expect the incentivized testnet staking rewards to be this big!
Explaining the Shelley Incentivized Testnet incentive model
https://iohk.io/en/blog/posts/2019/12/05/explaining-the-shelley-incentivized-testnet-incentive-model/
Quote
Incentivized Testnet rewards
The rewards for delegating stake or operating a stake pool on the Incentivized Testnet depend upon the percentage of network participation. An approximate 3.8 million ada will be awarded per epoch. If 50 percent of the network participates, then we estimate the annual return for delegation will be approximately 7 to 8 percent but could, if network participation is lower, be as high as 15 percent. A rewards calculator will be available soon on the Incentivized Testnet website which, in addition to other variables, will allow you to calculate approximate rewards relative to different levels of network participation.
The rewards for delegating stake or operating a stake pool on the Incentivized Testnet depend upon the percentage of network participation. An approximate 3.8 million ada will be awarded per epoch. If 50 percent of the network participates, then we estimate the annual return for delegation will be approximately 7 to 8 percent but could, if network participation is lower, be as high as 15 percent. A rewards calculator will be available soon on the Incentivized Testnet website which, in addition to other variables, will allow you to calculate approximate rewards relative to different levels of network participation.
I didn't expect the incentivized testnet staking rewards to be this big!
Cardano’s Charles Hoskinson: If Things Go Right, We Should Have a Billion Users
The CEO said Cardano was built to be “a world financial operating system,” and with time if things go right, Cardano will have a billion users –its ideal usage.
https://newslogical.com/cardano-charles-hoskinson-says-if-things-go-right-we-should-have-a-billion-users/
The CEO said Cardano was built to be “a world financial operating system,” and with time if things go right, Cardano will have a billion users –its ideal usage.
https://newslogical.com/cardano-charles-hoskinson-says-if-things-go-right-we-should-have-a-billion-users/
From where I sit... now after the second snapshot there is no use in keeping of the balance-check-wallet and it can be removed, right?
Correct!
New Daedalus and Yoroi wallets for incentivized testnet staking will be released in the next couple of days.
From where I sit... now after the second snapshot there is no use in keeping of the balance-check-wallet and it can be removed, right?
I never expected this much interest in the incentivized testnet:
https://twitter.com/kelleyllc/status/1200339249775751169
This is amazing!
https://twitter.com/kelleyllc/status/1200339249775751169
This is amazing!
Let's see what happens next, people may move ADA back to exchanges after snapshot.
The snapshot was taken a couple of days back, and it seems like there hasn't been a big dump since then. It's quite interesting, as pretty much everybody expected a dump after snapshot but it didn't really happen on a notable scale.
I never expected this much interest in the incentivized testnet:
https://twitter.com/kelleyllc/status/1200339249775751169
This is amazing!
https://twitter.com/kelleyllc/status/1200339249775751169
This is amazing!
Let's see what happens next, people may move ADA back to exchanges after snapshot.
I never expected this much interest in the incentivized testnet:
https://twitter.com/kelleyllc/status/1200339249775751169
This is amazing!
https://twitter.com/kelleyllc/status/1200339249775751169
This is amazing!
Cardano Foundation and COTI Release AdaPay
Cardano Foundation and COTI released AdaPay, a solution allowing merchants to accept ADA and receive fiat on their bank accounts.
https://cryptobriefing.com/cardano-foundation-coti-adapay/
Cardano Foundation and COTI released AdaPay, a solution allowing merchants to accept ADA and receive fiat on their bank accounts.
https://cryptobriefing.com/cardano-foundation-coti-adapay/
According to Charles:
Shelley Incentivized Testnet - your top FAQs answered
https://www.youtube.com/watch?v=6QL8pSZbO2c
The snapshot will take place tomorrow at epoch 159, slot 6886. Have your ada in daedalus or yoroi during that time.
Shelley Incentivized Testnet - your top FAQs answered
https://www.youtube.com/watch?v=6QL8pSZbO2c
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