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Author Topic: Cardano (ADA): A New Cryptocurrency and More  (Read 50360 times)
mich
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February 13, 2020, 03:51:18 AM
 #701

Stablecoins like DAI have no central point of failure, so I think this is something positive for ADA

Cardano Stablecoin Will Surpass Ethereum’s DAI Says Founder, as ADA Surges 12%

IOHK CEO, Charles Hoskinson took to Twitter to say he’s thinking about launching a stablecoin on the Cardano network. Which, he claims with confidence, will surpass DAI in terms of its level of trustlessness.

https://www.newsbtc.com/2020/02/12/cardano-stablecoin-will-surpass-ethereums-dai-says-founder-as-ada-surges-12/

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February 13, 2020, 08:29:34 AM
 #702

Stablecoins like DAI have no central point of failure, so I think this is something positive for ADA

Cardano Stablecoin Will Surpass Ethereum’s DAI Says Founder, as ADA Surges 12%

IOHK CEO, Charles Hoskinson took to Twitter to say he’s thinking about launching a stablecoin on the Cardano network. Which, he claims with confidence, will surpass DAI in terms of its level of trustlessness.

https://www.newsbtc.com/2020/02/12/cardano-stablecoin-will-surpass-ethereums-dai-says-founder-as-ada-surges-12/


This is what Cardano needs to go above $1 again.
Need to buy more, to be prepared if this will happen.
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February 13, 2020, 06:35:51 PM
 #703

A new jormungandr release after a gap of two weeks:

https://github.com/input-output-hk/jormungandr/releases/tag/v0.8.10

I'll update my stakepool (RAJA) to this release right after the current (testnet) epoch.
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February 14, 2020, 11:09:58 AM
 #704

A new jormungandr release after a gap of two weeks:

https://github.com/input-output-hk/jormungandr/releases/tag/v0.8.10

I'll update my stakepool (RAJA) to this release right after the current (testnet) epoch.

After the current epoch the staking will go live on mainnet?
quality.crypto
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February 14, 2020, 12:27:53 PM
 #705

Stablecoins like DAI have no central point of failure, so I think this is something positive for ADA

Cardano Stablecoin Will Surpass Ethereum’s DAI Says Founder, as ADA Surges 12%

IOHK CEO, Charles Hoskinson took to Twitter to say he’s thinking about launching a stablecoin on the Cardano network. Which, he claims with confidence, will surpass DAI in terms of its level of trustlessness.

https://www.newsbtc.com/2020/02/12/cardano-stablecoin-will-surpass-ethereums-dai-says-founder-as-ada-surges-12/


This is what Cardano needs to go above $1 again.
Need to buy more, to be prepared if this will happen.

Don't worry about the price of ADA because in the last bull the price of ADA was above the 1$ with less active developments during that time, now ADA has matured a lot with a lot of developments, so in the next bull run, we might see higher value compared to its previous value.
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February 14, 2020, 12:46:27 PM
 #706

Stablecoins like DAI have no central point of failure, so I think this is something positive for ADA

Cardano Stablecoin Will Surpass Ethereum’s DAI Says Founder, as ADA Surges 12%

IOHK CEO, Charles Hoskinson took to Twitter to say he’s thinking about launching a stablecoin on the Cardano network. Which, he claims with confidence, will surpass DAI in terms of its level of trustlessness.

https://www.newsbtc.com/2020/02/12/cardano-stablecoin-will-surpass-ethereums-dai-says-founder-as-ada-surges-12/


This is what Cardano needs to go above $1 again.
Need to buy more, to be prepared if this will happen.

Don't worry about the price of ADA because in the last bull the price of ADA was above the 1$ with less active developments during that time, now ADA has matured a lot with a lot of developments, so in the next bull run, we might see higher value compared to its previous value.

I am worried that the price will go higher and I didn't bought as much as I wanted.   Wink

You are right about Cardano development and maturity and am confident that ADA will go above $1 again, yes, there is no doubt.
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February 15, 2020, 05:14:54 AM
 #707

Stablecoins like DAI have no central point of failure, so I think this is something positive for ADA

Cardano Stablecoin Will Surpass Ethereum’s DAI Says Founder, as ADA Surges 12%

IOHK CEO, Charles Hoskinson took to Twitter to say he’s thinking about launching a stablecoin on the Cardano network. Which, he claims with confidence, will surpass DAI in terms of its level of trustlessness.

https://www.newsbtc.com/2020/02/12/cardano-stablecoin-will-surpass-ethereums-dai-says-founder-as-ada-surges-12/


This is what Cardano needs to go above $1 again.
Need to buy more, to be prepared if this will happen.

Don't worry about the price of ADA because in the last bull the price of ADA was above the 1$ with less active developments during that time, now ADA has matured a lot with a lot of developments, so in the next bull run, we might see higher value compared to its previous value.

I am worried that the price will go higher and I didn't bought as much as I wanted.   Wink

You are right about Cardano development and maturity and am confident that ADA will go above $1 again, yes, there is no doubt.

Even myself thinking which the ADA price will surely increase more than 1$, so it is good to grab at the current situation of the ADA price. I am also very much interested in the ADA project, which we are seeing active developments and it will surely help this coin o increase it's the price.

flyx
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February 15, 2020, 08:23:05 AM
 #708

Blocks exists for download ? my deadalus sucks for syncing , it will take one year!

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Raja_MBZ
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February 15, 2020, 11:32:01 PM
 #709

IOHK Opens Cardano Research Lab at University of Wyoming Following $500K Donation

https://www.coindesk.com/iohk-opens-cardano-research-lab-at-university-of-wyoming-following-500k-donation

A new jormungandr release after a gap of two weeks:

https://github.com/input-output-hk/jormungandr/releases/tag/v0.8.10

I'll update my stakepool (RAJA) to this release right after the current (testnet) epoch.

After the current epoch the staking will go live on mainnet?

No, all these epochs are on testnet. No mainnet staking before March/April.
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February 16, 2020, 07:19:57 AM
 #710

Can download blocks manually ? Deadalus wallet will take one year for me to be synced!  Undecided

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February 16, 2020, 01:50:32 PM
 #711

Can download blocks manually ? Deadalus wallet will take one year for me to be synced!  Undecided

No, you cannot download blocks manually. Moreover, have a look at the following posts of mine, especially the last sentence of the last quoted post:

Deadlus takes long time for sync , Is there any way to boos it  Huh

Are you talking about incentivized testnet Daedalus OR the main Daedalus? Moreover, are you talking about the "syncing" or "connecting to network" status? Because in the case of syncing, it doesn't take much time (depending on your internet speed). However, if you're stuck at network connection, then try restarting the application. If that doesn't help, just move to Yoroi till IOHK makes Daedalus rock-solid.
What kind of software is Deadlus ? Is it open source ? Can maker reach to private key of software ? it connect to which servers ? and why doesnt make Electrum version for cardano

Daedalus is a desktop-based application, and it's completely open-source: https://github.com/input-output-hk/daedalus

It's created by IOHK, and they've no access to your private keys or master keys. All of the keys are completely stored offline in your own system storage.

It's a heavyweight wallet as it works as a full node (and needs to have 100% Cardano blockchain synced), if you require a light-weight wallet, go for Yoroi (mobile/browser).
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February 16, 2020, 10:21:31 PM
 #712

I've held ADA in a Yoroi wallet for quite  sometime. If I upgrade my wallet and decide to stake it, how long do coins stay staked? Is there a minimum time frame? What if ada hit $1 and I wanted to unstake half to sell it? Could I do that?
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February 17, 2020, 08:49:02 AM
 #713

I forgot Deadalus , I decided to use Yoroi but how can backup from wallet ? how find and get backup of my private keys  Huh It hasn't such option

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Raja_MBZ
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February 17, 2020, 08:08:10 PM
 #714

I've held ADA in a Yoroi wallet for quite  sometime. If I upgrade my wallet and decide to stake it, how long do coins stay staked? Is there a minimum time frame? What if ada hit $1 and I wanted to unstake half to sell it? Could I do that?

I guess you need to understand a few things:

-currently, staking is active on the testnet only.

-if you held ADA on the 29th of November, 2019 (at the time of balance snapshot), you can stake the amount of ADA that you had on that day.

-to stake, you'll have to download the Yoroi testnet wallet and then restore your ADA addresses on that testnet wallet (please note that testnet has nothing to do with the mainnet). After downloading, you'll have to find any suitable pool and then stake your testnet ADA on it.

-you can remove your staked ADA any time you want.

I think the following website can help you understand this further: https://staking.cardano.org/

I forgot Deadalus , I decided to use Yoroi but how can backup from wallet ? how find and get backup of my private keys  Huh It hasn't such option

Have a look at the following section of FAQ:

https://yoroi-wallet.com/#/faq/4
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February 18, 2020, 07:17:59 AM
 #715



I forgot Deadalus , I decided to use Yoroi but how can backup from wallet ? how find and get backup of my private keys  Huh It hasn't such option

Have a look at the following section of FAQ:

https://yoroi-wallet.com/#/faq/4

I see but there isnt any guide to how export private keys

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February 18, 2020, 08:00:13 AM
 #716



I forgot Deadalus , I decided to use Yoroi but how can backup from wallet ? how find and get backup of my private keys  Huh It hasn't such option

Have a look at the following section of FAQ:

https://yoroi-wallet.com/#/faq/4

I see but there isnt any guide to how export private keys

Why do you need to export privkey for if this is testnet staking?
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February 18, 2020, 09:49:59 AM
 #717



I forgot Deadalus , I decided to use Yoroi but how can backup from wallet ? how find and get backup of my private keys  Huh It hasn't such option

Have a look at the following section of FAQ:

https://yoroi-wallet.com/#/faq/4

I see but there isnt any guide to how export private keys

Why do you need to export privkey for if this is testnet staking?

I installed 'Mainnet' chrome version

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Raja_MBZ
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February 18, 2020, 08:59:04 PM
 #718

I forgot Deadalus , I decided to use Yoroi but how can backup from wallet ? how find and get backup of my private keys  Huh It hasn't such option

Have a look at the following section of FAQ:

https://yoroi-wallet.com/#/faq/4

I see but there isnt any guide to how export private keys

Why do you need to export privkey for if this is testnet staking?

I installed 'Mainnet' chrome version

Have a look at the following:

Where do I store my private keys?
Private keys are stored encrypted on the user’s machine and not shared with third-party servers. They are not shared even with us under any circumstance. We will never ask for your 15-word phrase even for supporting reasons. This means you must store or remember your 15-word phrase by yourself. If the wallet is installed in multiple machines using the same 15-word phrase, every machine will have a encrypted version of the private keys.

Yoroi doesn't let you extract the private keys of addresses.

An explanation for it by Emurgo:

https://www.reddit.com/r/cardano/comments/dxz6e3/yoroi_private_keys/f7xhn7v
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February 19, 2020, 07:56:54 PM
 #719

This project it is already among the top crypto projects leading because of the clear vision the creator of Cardano has, and also oriented to details and with a lot of planning in order to achieve better results in the long term.

The rate of its rise though isn't that impressive. The price at 0.000006 BTC has been there for almost 2 weeks its not going up more than that anymore while the rest of the altcoins bounce high after a dip. It felt like its not worth trading the token, though there are tons of volume a day, its not making the price go up. I think the team should keep releasing more updates of the project.



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February 19, 2020, 11:27:17 PM
 #720

Another Wednesday, another Jormungandr release:

https://github.com/input-output-hk/jormungandr/releases/tag/v0.8.11
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