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Author Topic: Cardano (ADA): A New Cryptocurrency and More  (Read 45104 times)
Captain-Cryptory
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August 06, 2020, 08:32:13 AM
 #961

I'm also confused, because today I can't make a claim. Is it possible that it will progress gradually? if so are there any further details? I just make sure if there is something wrong and hope there will be an answer that can help.

Did you try to restore your wallet on new Daedalus?
It seems it should work, I've seen the guides around

So we need to restore ITN rewards wallet on the new Daedalus?
I thought there will be a feature in the wallet dedicated for this, at least this is what I understand from here: https://forum.cardano.org/t/the-shelley-hard-fork-all-you-need-to-know/36553

Kind of confusing, imo.

As I got what they  said we need to wait for the next release of Daedalus which "will include a dedicated “Redeem Incentivized Testnet rewards feature, so there is no need to restore ITN reward wallet using 2.0.1  version. Restoring in 2.0.1 may be not harmful at all but IMO it’s better  to be patient, it won’t run away from us.


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othell_rogue
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August 06, 2020, 11:30:47 AM
 #962

As I got what they  said we need to wait for the next release of Daedalus which "will include a dedicated “Redeem Incentivized Testnet rewards feature, so there is no need to restore ITN reward wallet using 2.0.1  version. Restoring in 2.0.1 may be not harmful at all but IMO it’s better  to be patient, it won’t run away from us.

I understood this too, from @LGBX article posted. But now I wonder what Jake (the author) wanted to say with the 2nd point highlighted also by LGBX.

->> 2. Rewards earned from delegating on Daedalus Shelley Testnet are not redeemable and was intended for testing purposes only.
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August 06, 2020, 04:47:40 PM
Last edit: August 07, 2020, 05:37:18 AM by Captain-Cryptory
 #963

As I got what they  said we need to wait for the next release of Daedalus which "will include a dedicated “Redeem Incentivized Testnet rewards feature, so there is no need to restore ITN reward wallet using 2.0.1  version. Restoring in 2.0.1 may be not harmful at all but IMO it’s better  to be patient, it won’t run away from us.

I understood this too, from @LGBX article posted. But now I wonder what Jake (the author) wanted to say with the 2nd point highlighted also by LGBX.

->> 2. Rewards earned from delegating on Daedalus Shelley Testnet are not redeemable and was intended for testing purposes only.

I guess  this applies to rewards  assessed  to owners of the pools after ITN functioning  has  been prolonged for one month at the end of June. This issue was discussed at that time and there was the voting (in July) among ADA holders about it but I didn't take part  in it.


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August 06, 2020, 06:14:04 PM
 #964

As I got what they  said we need to wait for the next release of Daedalus which "will include a dedicated “Redeem Incentivized Testnet rewards feature, so there is no need to restore ITN reward wallet using 2.0.1  version. Restoring in 2.0.1 may be not harmful at all but IMO it’s better  to be patient, it won’t run away from us.

Maybe it's better to wait. I just saw video of somebody who said it's possible to claim ITN by restoring wallet. But I didn't try it. I don't have ITN rewards..
So in this case I can't definitely recommend something.

Also ITN rewards will be distributed
Shelley testnet - no (It was possible with faucet to get hundreds of thousands of test ADA, I also took part in testing)

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August 06, 2020, 07:13:29 PM
 #965

Edit I found the answer.  Looks like I only have to delegate and I can close my wallet and check back after a few epochs.
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August 06, 2020, 07:24:26 PM
 #966

Proof of Stake vs Proof of Work explained for kids


https://www.youtube.com/watch?v=SDC8cIJaalI

Mining Bitcoin or Staking Cardano?
What will you choose?
What will you recommend for your kids?

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August 07, 2020, 06:32:56 AM
 #967

Bitfinex lists Cardano [ADA]; says ‘more demand than ever before’

“…..represents a significant milestone on the road towards mainstream adoption of ADA, and reflects the increased market confidence in Cardano.”

https://eng.ambcrypto.com/bitfinex-lists-cardano-ada-cites-more-demand-than-ever-before/

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August 07, 2020, 02:10:01 PM
 #968

What's up with wallet Yoroi? This wallet hasn't been working on iOS for a week now.
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August 08, 2020, 01:07:33 PM
 #969

What's up with wallet Yoroi? This wallet hasn't been working on iOS for a week now.

It's in maintenance mode due to Shelley hardfork
It should start working again in a while

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August 08, 2020, 02:49:48 PM
 #970

Is it just my computer or is daedalus mainnet v2.1 not an exe. If so, why is this? Cause I don't how to install it on right now...
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August 09, 2020, 08:12:02 AM
 #971

Is it just my computer or is daedalus mainnet v2.1 not an exe. If so, why is this? Cause I don't how to install it on right now...

I just downloaded the new release 2.1.0 and is working just fine. The file is a good Windows installer (.exe) file. Try to download it again, maybe it will work. Additionally maybe you need to have the old version of Daedalus installed. This should not be necessary, but who knows, anyway I always install the new version without uninstalling the old one.
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August 09, 2020, 08:50:05 AM
 #972

Is it just my computer or is daedalus mainnet v2.1 not an exe. If so, why is this? Cause I don't how to install it on right now...

Try to launch it again. My first launch of freshy installed 2.1.0#14079 resulted in nearly empty window. After relaunch it runs properly. Also make sure you checked  downloaded file using  pgp signature. Strangely enough but my first download don't pass through Kleopatra's scrutiny. So I have deleted it and downloaded again, this time Kleopatra has approved it.


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August 09, 2020, 10:11:03 AM
 #973

On Mac there are no problems with Daedalus 2.1.0 ...

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August 09, 2020, 10:11:26 AM
 #974

Hi Guys,

I have a simple question about ADA staking, do i need to keep my wallet open to stake?

I've used the search options, but searching on bitcointalk.org is not working great.

Thanks

No, you don't to keep you wallet open
You just need to delegate and that's it
Then you can check from time to time your rewards and how your selected pool is performing (i.e. you might wish to re-delegate later)

Good to know, thanks.
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August 09, 2020, 10:26:55 AM
 #975

Hello,

I'm going to delegate my funds to a stake pool and i'm looking at the specs of the pool.
Where can i find the meaning of the specs?

I'm talking about, Rank, controlled stake, pledge etc..

For example: what does cost per epoch means? is this something for the pool operator or for the user that delegates his stake?

I looked in the documentation, but can't find it: https://docs.cardano.org/en/latest/explore-cardano/what-is-a-stakepool.html

It'all new to me (us) so i'm still finding my way into Cardano staking.

Thanks
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August 09, 2020, 11:10:34 AM
 #976

Is it just my computer or is daedalus mainnet v2.1 not an exe. If so, why is this? Cause I don't how to install it on right now...

Try to launch it again. My first launch of freshy installed 2.1.0#14079 resulted in nearly empty window. After relaunch it runs properly. Also make sure you checked  downloaded file using  pgp signature. Strangely enough but my first download don't pass through Kleopatra's scrutiny. So I have deleted it and downloaded again, this time Kleopatra has approved it.
This is what I've experienced before, I think my computer has a problem or the file is corrupt, thank you for the explanation


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riskthebiscuit
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August 10, 2020, 02:23:18 AM
 #977

Is it just my computer or is daedalus mainnet v2.1 not an exe. If so, why is this? Cause I don't how to install it on right now...

Try to launch it again. My first launch of freshy installed 2.1.0#14079 resulted in nearly empty window. After relaunch it runs properly. Also make sure you checked  downloaded file using  pgp signature. Strangely enough but my first download don't pass through Kleopatra's scrutiny. So I have deleted it and downloaded again, this time Kleopatra has approved it.

Good news everyone! (you know what voice to use here)

I was able to get the executable and re-install it. Sync takes long but worked. Can start staking now, can't wait for the rewards! Smiley
othell_rogue
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August 10, 2020, 06:44:03 AM
 #978

Now that v2.1.0 is out (with the integrated feature to claim ITN rewards) had anyone claimed their? I am planning to do it today and I want to know if there were any issues. Thanks!
Captain-Cryptory
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August 10, 2020, 07:07:06 AM
Last edit: August 11, 2020, 05:29:01 AM by Captain-Cryptory
 #979


For example: what does cost per epoch means? is this something for the pool operator or for the user that delegates his stake?


Thanks

AFAIK, the cost for epoch (CfE) is  the amount ( besides the fee, i.e first goes CfE and then fee from the rest) that gets pool operator for every epoch providing the pool earned more ADA then that amount. If that condition is not fulfilled the pool operator don't get CfE .

Now that v2.1.0 is out (with the integrated feature to claim ITN rewards) had anyone claimed their? I am planning to do it today and I want to know if there were any issues. Thanks!

No issue at all. To claim it you need to input your 15 words for ITN reward wallet and check two boxes in the form ( you will see it). All procedure is straight forward.


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August 10, 2020, 08:35:38 AM
 #980

A detailed guide to staking ADA on Cardano to earn rewards

Cardano has finally transitioned to Shelley, this allows a fully decentralized network that is running and secured by users staked funds. With the Shelley era of Cardano now well into its second epoch, it’s time users got to know the ins and outs of staking ADA.

https://cryptoslate.com/a-detailed-guide-to-staking-ada-on-cardano-to-earn-rewards/

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