|
Title: Why ADA moved out of the orginal to new address after delegation ?? Post by: sukbir on March 01, 2021, 07:06:44 PM Hi Folks, I am new to Cardano staking or delegation process. I have delegated my ADA using Yoroi mobile wallet. I am bit confused, Why my ADA is moved to new address after delegation??
I used blockchair explorer to check my fund using original ADA address generated by Ledger Nano X , I can see my fund transfer to new address from original address. But still I can see my exact amount of ADA which need to be deducting delegation fees. Q: Can you guys confirm me, My ADA is safe or not ? Title: Re: Why ADA moved out of the orginal to new address after delegation ?? Post by: Heisenberg_Hunter on March 01, 2021, 09:16:24 PM Do you run your own stake pool or have you delegated your stake in someone's pool? Delegation can be carried out using ADA's 2 official wallets : Daedalus and Yoroi so you are safe to use Yoroi provided you have downloaded them from the cardano.org link or from the Play Store. Please note at the time of this writing google provides links to various phishing sites of Yoroi but the official website is https://yoroi-wallet.com/ so kindly double check while using it.
You need to understand while the delegation process your unspent ADA will move from your address to your change address to increase the privacy. You are seeing the ADA in your wallet because they stay in change address and are present in your wallet and you are safe here. You can read more about ADA's Change address here : Understanding Unspent Transaction Outputs in Cardano (https://emurgo.io/en/blog/understanding-unspent-transaction-outputs-in-cardano). AFAIK if you see your funds in your wallet, it's safely sitting in Change Address so you don't need to worry about it. Title: Re: Why ADA moved out of the orginal to new address after delegation ?? Post by: sukbir on March 01, 2021, 11:03:57 PM Do you run your own stake pool or have you delegated your stake in someone's pool? Delegation can be carried out using ADA's 2 official wallets : Daedalus and Yoroi so you are safe to use Yoroi provided you have downloaded them from the cardano.org link or from the Play Store. Please note at the time of this writing google provides links to various phishing sites of Yoroi but the official website is https://yoroi-wallet.com/ so kindly double check while using it. You need to understand while the delegation process your unspent ADA will move from your address to your change address to increase the privacy. You are seeing the ADA in your wallet because they stay in change address and are present in your wallet and you are safe here. You can read more about ADA's Change address here : Understanding Unspent Transaction Outputs in Cardano (https://emurgo.io/en/blog/understanding-unspent-transaction-outputs-in-cardano). AFAIK if you see your funds in your wallet, it's safely sitting in Change Address so you don't need to worry about it. @ Heisenberg_Hunter Thank you for your quick reply. I was so worried about it. Now I understood how it works. I have delegated in someone stake pool. I am using official Yoroi wallet. |