Cardano (ADA): A New Cryptocurrency and More

[othell_rogue]

The price of ADA won't be as high as ETH because this will mean the market cap of ADA should be around $10 trillion, but it can reach ETH market cap one day, which will translate into a $1.7 per coin.

Everything is possible)
If Cardano becomes next financial system of the world, such market cap won't look unrealistic)

True I didn't said is impossible, but for this to happen, it will take years, maybe a decade. I'm sure the guy who is expecting for ADA to reach ETH price is not willing to wait long term.

[seven.71]

The price of ADA won't be as high as ETH because this will mean the market cap of ADA should be around $10 trillion, but it can reach ETH market cap one day, which will translate into a $1.7 per coin.

Everything is possible)
If Cardano becomes next financial system of the world, such market cap won't look unrealistic)

True I didn't said is impossible, but for this to happen, it will take years, maybe a decade. I'm sure the guy who is expecting for ADA to reach ETH price is not willing to wait long term.

Don't dream too high if you don't want to fall in pain, it's not even possible to return to the ATH price while you dream of beating ETH capitalization
let CARDANO rise naturally with the formation of the ecosystem, the demand will increase

[Flodner]

Track your favorite staking pool with Adapools Telegram bot



Read our new article on Medium:

https://medium.com/@azureadacardano/track-your-favorite-staking-pool-with-adapools-telegram-bot-81f84960bccb

[othell_rogue]

The price of ADA won't be as high as ETH because this will mean the market cap of ADA should be around $10 trillion, but it can reach ETH market cap one day, which will translate into a $1.7 per coin.

Everything is possible)
If Cardano becomes next financial system of the world, such market cap won't look unrealistic)

True I didn't said is impossible, but for this to happen, it will take years, maybe a decade. I'm sure the guy who is expecting for ADA to reach ETH price is not willing to wait long term.

Don't dream too high if you don't want to fall in pain, it's not even possible to return to the ATH price while you dream of beating ETH capitalization
let CARDANO rise naturally with the formation of the ecosystem, the demand will increase

I am not dreaming, and I don't fall in pain, don't worry. Reaching ETH market cap is not that hard, is just $0.5 away from Cardano's ATH, as I said maybe it will take years to get to $1.7, but it will happen, often sooner than we are expecting and with a higher price.

Anyway, at least I have faith in the project and I don't see why this can be achievable. If you don't think ADA will return to ATH, I wonder why are you still here?! No offence.

[Xadrez]

Hello,
Everytime i try to send ADA to Daedalus from de ITN it says that the adress produced by Daedalus it´s not valid.
Anyone knows how to resolve?
Thanks

[othell_rogue]

Hello,
Everytime i try to send ADA to Daedalus from de ITN it says that the adress produced by Daedalus it´s not valid.
Anyone knows how to resolve?
Thanks

As I understand you want to send the rewards from ITN testnet rewards to your Daedalus wallet. Is this true?

If so, all you need is the new Daedalus wallet v2.1.0 and your ITN wallet recovery seed. Now go to Daedalus wallet and look for  ITN rewards redemption feature, It should be the 3rd button on the left in the wallet. Follow the steps and it should work just fine.

Note that you need at least 1 ADA in your Shelly wallet to pay the tx fees.

[Xadrez]

Hello,
Everytime i try to send ADA to Daedalus from de ITN it says that the adress produced by Daedalus it´s not valid.
Anyone knows how to resolve?
Thanks

As I understand you want to send the rewards from ITN testnet rewards to your Daedalus wallet. Is this true?

If so, all you need is the new Daedalus wallet v2.1.0 and your ITN wallet recovery seed. Now go to Daedalus wallet and look for  ITN rewards redemption feature, It should be the 3rd button on the left in the wallet. Follow the steps and it should work just fine.

Note that you need at least 1 ADA in your Shelly wallet to pay the tx fees.

No, I have already transfer de rewards. What i want is to trasnfer the ADA in the wallet of ITN to Daedalus wallet and delegate them there.

[TeraBite]

Hello,
Everytime i try to send ADA to Daedalus from de ITN it says that the adress produced by Daedalus it´s not valid.
Anyone knows how to resolve?
Thanks

As I understand you want to send the rewards from ITN testnet rewards to your Daedalus wallet. Is this true?

If so, all you need is the new Daedalus wallet v2.1.0 and your ITN wallet recovery seed. Now go to Daedalus wallet and look for  ITN rewards redemption feature, It should be the 3rd button on the left in the wallet. Follow the steps and it should work just fine.

Note that you need at least 1 ADA in your Shelly wallet to pay the tx fees.

No, I have already transfer de rewards. What i want is to trasnfer the ADA in the wallet of ITN to Daedalus wallet and delegate them there.

https://iohk.zendesk.com/hc/en-us/articles/900001656586-How-to-Redeem-Incentivized-Testnet-ITN-Rewards

I hope this could help you to resolve your problem this official release from the team so you have to follow these steps to claim that reward.

[Xadrez]

Hello,
Everytime i try to send ADA to Daedalus from de ITN it says that the adress produced by Daedalus it´s not valid.
Anyone knows how to resolve?
Thanks

As I understand you want to send the rewards from ITN testnet rewards to your Daedalus wallet. Is this true?

If so, all you need is the new Daedalus wallet v2.1.0 and your ITN wallet recovery seed. Now go to Daedalus wallet and look for  ITN rewards redemption feature, It should be the 3rd button on the left in the wallet. Follow the steps and it should work just fine.

Note that you need at least 1 ADA in your Shelly wallet to pay the tx fees.

No, I have already transfer de rewards. What i want is to trasnfer the ADA in the wallet of ITN to Daedalus wallet and delegate them there.

Those ADA on ITN are kind of test-only-coin and are not assigned to mainnet. That all said, you can not transfer test-ADA to Daedalus shelly. If you wanna more ADA to delegate the only option  is to buy them on ether exchange or OTC.

Kind of test???
These ADA was bougth by me and create a wallet on Daedalus with them to ITN, now i just wnat to send them to Deadalus Mainnet....

[seven.71]

The price of ADA won't be as high as ETH because this will mean the market cap of ADA should be around $10 trillion, but it can reach ETH market cap one day, which will translate into a $1.7 per coin.

Everything is possible)
If Cardano becomes next financial system of the world, such market cap won't look unrealistic)

True I didn't said is impossible, but for this to happen, it will take years, maybe a decade. I'm sure the guy who is expecting for ADA to reach ETH price is not willing to wait long term.

Don't dream too high if you don't want to fall in pain, it's not even possible to return to the ATH price while you dream of beating ETH capitalization
let CARDANO rise naturally with the formation of the ecosystem, the demand will increase

I am not dreaming, and I don't fall in pain, don't worry. Reaching ETH market cap is not that hard, is just $0.5 away from Cardano's ATH, as I said maybe it will take years to get to $1.7, but it will happen, often sooner than we are expecting and with a higher price.

Anyway, at least I have faith in the project and I don't see why this can be achievable. If you don't think ADA will return to ATH, I wonder why are you still here?! No offence.

You say you beat the ETH cap, you can see if Cardano can get past the ETH cap if etherum stops and isn't trading guys, see clearly how to capitalize ETH with Cardano

[othell_rogue]

Hello,
Everytime i try to send ADA to Daedalus from de ITN it says that the adress produced by Daedalus it´s not valid.
Anyone knows how to resolve?
Thanks

As I understand you want to send the rewards from ITN testnet rewards to your Daedalus wallet. Is this true?

If so, all you need is the new Daedalus wallet v2.1.0 and your ITN wallet recovery seed. Now go to Daedalus wallet and look for  ITN rewards redemption feature, It should be the 3rd button on the left in the wallet. Follow the steps and it should work just fine.

Note that you need at least 1 ADA in your Shelly wallet to pay the tx fees.

No, I have already transfer de rewards. What i want is to trasnfer the ADA in the wallet of ITN to Daedalus wallet and delegate them there.

The ADA from the ITN rewards wallet are testnet coins which cannot be transferred to the mainnet, like others said above. Those coins were generated by a snapshot of the mainnet balances in November 2019, so if you still hold those coins and you didn't spend them, you can move them from the Byron wallet to Shelly and delegate or stake your ADA.

[Flodner]

The ADA from the ITN rewards wallet are testnet coins which cannot be transferred to the mainnet, like others said above. Those coins were generated by a snapshot of the mainnet balances in November 2019, so if you still hold those coins and you didn't spend them, you can move them from the Byron wallet to Shelly and delegate or stake your ADA.

I want to add that there is a tutorial from IOHK on "How to redeem rewards from ITN"
Check it if you still have questions
https://www.youtube.com/watch?v=pZnHSmgFAVc

[SurDenis905]

Yoroi Wallet for iOS has been updated today. You can now delegate your ADA coins. Has anyone tried it already?

[seven.71]

Yoroi Wallet for iOS has been updated today. You can now delegate your ADA coins. Has anyone tried it already?

I just heard from you about the YOROI wallet update and I will try to delegate it, thank you for the information, friend

[mich]

Cardano’s Aparna Jue: 'We’re letting the world in to run the network'

Learn more about the Shelley hard fork and future development plans as she joins The Decrypt Daily podcast.

https://decrypt.co/39147/cardano-aparna-jue-shelley-letting-world-run-network

[PavelPav]

Cardano looks like one of the most promising altcoins out there. Although I prefer Bitcoin. When does the ADA staking opportunity start?

It already started. Check out here: https://forum.cardano.org/t/the-shelley-hard-fork-all-you-need-to-know/36553

Thanks for the link. I will definitely use that forum.cardano.

[Flodner]

AzureADA's view on blocks and more updates



Hopefully, our delegators noticed that we produced another block this new epoch!

We're seeing, like many, many other pools, delegators are bouncing around between pools. I'd just encourage you all to be patient. Only 20% of the blocks are getting minted by stake pools at this point, so block counts are low... We are only on the second epoch where pools are producing. We are in the sweet spot for getting rewards... big enough to get blocks every epoch (probability-wise) yet not so big that the rewards get diluted by too many delegators. As time goes by, more blocks get assigned to stake pools, so block counts will increase. Our amount of blocks in epoch 1 ARE NOT indicative of what they will be like once the chain is fully turned over to pool operators.


Read more on: https://azureada.com/

[mich]

Small Staking Pools on Cardano Boosted by Announcement of New Features

“Come the end of the Shelley era, we expect Cardano to be 50-100 times more decentralized than other large blockchain networks, with the incentives scheme designed to reach equilibrium around 1,000 stake pools.”

https://www.newsbtc.com/2020/08/19/small-staking-pools-on-cardano-boosted-by-announcement-of-new-features/

[Flodner]

Cardano Meetup Kyiv – Ouroboros protocol




The first Cardano Kyiv Meetup will be held on Friday 28 August 2020 at 19:00 in the “Dim Dim” cafe (Khreshatyk 2, near Ukrainian house).


We are happy to have a prominent speaker Prof Roman Oliynykov from IOHK. Roman is a cryptographer, IT security researcher, lecturer, Ph.D. The main topic of the meetup will be about Ouroboros protocol.

The meetup will be in English.

Live translation will be at Cryptotexty youtube channel: https://www.youtube.com/cryptotexty1

We thankful to AzureADA (AZUR) Cardano stake pool operator for sponsoring this meetup. https://azureada.com/

This meetup will be the first in a series of meetups on the different topics from the Cardano ecosystem.

Link to meetup:https://www.meetup.com/Cardano-Blockchain-Kyiv/events/272682997/

[mich]

Cardano: New node v1.19 is 100 times faster, Daedalus v2.2 announced

Some aspects of the software are 100-times faster than the old node. It just depends on what upgrade you perform, so sync speeds have been improved, chain validation and revalidation have been improved, the opening and closing of database, lots of problems people were having the last two weeks, three weeks for Daedalus being very heavy in the Shelley era have been resolved.

https://www.crypto-news-flash.com/cardano-new-node-v1-19-is-100-times-faster-daedalus-v2-2-announced/