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Topic: Cardano (ADA): A New Cryptocurrency and More - page 34. (Read 51062 times)

legendary
Activity: 1918
Merit: 1003
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

Truly amazing article with brief introduction about the fundamentals of this network how this could get leading role in future. Charles Hoskinson is a talented person who have amazing vision to make this project great and provide a wonderful ecosystem to the world. It is worth to read this one.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
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
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
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/
legendary
Activity: 1806
Merit: 1520
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! Smiley
legendary
Activity: 1806
Merit: 1520
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.
hero member
Activity: 1358
Merit: 635
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.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
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/
member
Activity: 854
Merit: 10
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/

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.

I didn't expect the incentivized testnet staking rewards to be this big! Smiley

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.
hero member
Activity: 1358
Merit: 635
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/

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.

I didn't expect the incentivized testnet staking rewards to be this big! Smiley

such reward is fit the rumors circulating nearly two moths and predicting 12 percent for staking on testnet, love it.
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
when moon?
cooos...it's taking forever
LOL
full member
Activity: 1134
Merit: 103
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/

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.

I didn't expect the incentivized testnet staking rewards to be this big! Smiley

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.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
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/
legendary
Activity: 1806
Merit: 1520
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/

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.

I didn't expect the incentivized testnet staking rewards to be this big! Smiley
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
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/
legendary
Activity: 1806
Merit: 1520
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.
hero member
Activity: 1358
Merit: 635
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?
legendary
Activity: 1806
Merit: 1520
I never expected this much interest in the incentivized testnet:

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.
hero member
Activity: 1358
Merit: 635
I never expected this much interest in the incentivized testnet:

https://twitter.com/kelleyllc/status/1200339249775751169

This is amazing!

Let's see what happens next, people may move ADA back to exchanges after snapshot.
legendary
Activity: 1806
Merit: 1520
I never expected this much interest in the incentivized testnet:

https://twitter.com/kelleyllc/status/1200339249775751169

This is amazing!
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
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/
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