Cardano (ADA): A New Cryptocurrency and More

[iHodler]

the price is falling constantly what the crap   

There is No crap. Only good opportunities to buy more, to buy cheap.

TIP: DYOR and don't put more money in than you can live with if you will lose them all.

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[Makleyhill]

After about 5 years of interdisciplinary research, the Hydra article was published, available in a text document for viewing, which is a major scientific achievement in the further development of Cardano
https://eprint.iacr.org/2020/299.pdf

[mich]

Cardano Unleashing Scalability Through Hydra Sharding

Years of research yield Cardano's second-layer scaling solution, Hydra, which promises to massively increase scaling through its many "heads."

https://cryptobriefing.com/cardano-unleashing-scalability-hydra-sharding/

[~ KiD ~]

Hi!
Is out there a guide on how to mine this coin?
Thanks in advance!

[Raja_MBZ]

Hi!
Is out there a guide on how to mine this coin?
Thanks in advance!

You can't mine ADA as it's based on proof-of-stake structure. You may participate in the current Cardano's proof-of-stake testnet (Shelley testnet) in multiple ways such as if you had ADA before the snapshot, you can stake them through any available stakepool.

[Btc_1856]

Hi!
Is out there a guide on how to mine this coin?
Thanks in advance!

You can't mine ADA as it's based on proof-of-stake structure. You may participate in the current Cardano's proof-of-stake testnet (Shelley testnet) in multiple ways such as if you had ADA before the snapshot, you can stake them through any available stakepool.

Did they announce about when they are going to release the live version for staking, people who participated during their testnet are eligible for staking in the future? I have a strange doubt about only people who participated during their testnet phase, when is the exact date for the live version?

[~ KiD ~]

Hi!
Is out there a guide on how to mine this coin?
Thanks in advance!

You can't mine ADA as it's based on proof-of-stake structure. You may participate in the current Cardano's proof-of-stake testnet (Shelley testnet) in multiple ways such as if you had ADA before the snapshot, you can stake them through any available stakepool.

Understood, thanks for your answer! I have few more questions:
1. Can I stake Cardano, if I buy it on exchanges now? On the Testnet, of course.
2. Are the coins earned from Shelly Testnet of any use, I mean if the coins will be transferred to Mainnet when this Shelly will be available? (I know this is unlikely to happen because that's why is called Testnet), but I saw one project where the coins from Testnet will be transferred to the Mainnet, that's why I am asking.

[Raja_MBZ]

Hi!
Is out there a guide on how to mine this coin?
Thanks in advance!

You can't mine ADA as it's based on proof-of-stake structure. You may participate in the current Cardano's proof-of-stake testnet (Shelley testnet) in multiple ways such as if you had ADA before the snapshot, you can stake them through any available stakepool.

Understood, thanks for your answer! I have few more questions:
1. Can I stake Cardano, if I buy it on exchanges now? On the Testnet, of course.
2. Are the coins earned from Shelly Testnet of any use, I mean if the coins will be transferred to Mainnet when this Shelly will be available? (I know this is unlikely to happen because that's why is called Testnet), but I saw one project where the coins from Testnet will be transferred to the Mainnet, that's why I am asking.

1. No, sorry, you can't stake ADA if you buy it from exchanges at this time.

2. Yes, all the earned stake during the testnet will be transferred to the mainnet once the testnet ends. This is why IOHK has named this testnet as "incentivized testnet".

[mich]

Hi!
Is out there a guide on how to mine this coin?
Thanks in advance!

No you cant mine Cardano but you can stake it which is easy and earns you more
Cardano uses a Proof of Stake System and not a Proof of Work system

[othell_rogue]

Hi!
Is out there a guide on how to mine this coin?
Thanks in advance!

You can't mine ADA as it's based on proof-of-stake structure. You may participate in the current Cardano's proof-of-stake testnet (Shelley testnet) in multiple ways such as if you had ADA before the snapshot, you can stake them through any available stakepool.

Interesting, I didn't know I can participate in the Shelly Testnet if I had some ADA back in the days.
Now I've checked and it seems I had like 100K ADA in Daedalus wallet on November 29.

Now I want to participate in the Testnet, but:
- I have downloaded Daedalus ITN1 and installed (Win 10).
- it seems is not working properly, node is not responding


Any help would be appreciated. Thanks in advance!

Later edit:
Everything is fine, it seems like I need to keep the wallet open longer, even after the connection issue prompt is displayed and it will eventually connect to the network.

[mich]

Cardano (ADA) Update: Byron, Shelley, Hydra releases almost ready to be deployed

“In the event of the worst-case scenario regarding the markets and a global pandemic we remain confident that crypto will fare quite well.”

https://cryptoslate.com/cardano-ada-update-byron-shelley-hydra-releases-almost-ready-to-be-deployed/

[othell_rogue]

Cardano (ADA) Update: Byron, Shelley, Hydra releases almost ready to be deployed

“In the event of the worst-case scenario regarding the markets and a global pandemic we remain confident that crypto will fare quite well.”

https://cryptoslate.com/cardano-ada-update-byron-shelley-hydra-releases-almost-ready-to-be-deployed/

I doubt we can blame the coronavirus for this dump. In my opinion the dump is caused by certain hacks and scams that occurred last year i.e. Plus Token, Binance Hack. They are dumping for cash.

Good to know ADA is building. Keep holding my bag anyway.

[quality.crypto]

Cardano (ADA) Update: Byron, Shelley, Hydra releases almost ready to be deployed

“In the event of the worst-case scenario regarding the markets and a global pandemic we remain confident that crypto will fare quite well.”

https://cryptoslate.com/cardano-ada-update-byron-shelley-hydra-releases-almost-ready-to-be-deployed/

I doubt we can blame the coronavirus for this dump. In my opinion the dump is caused by certain hacks and scams that occurred last year i.e. Plus Token, Binance Hack. They are dumping for cash.

Good to know ADA is building. Keep holding my bag anyway.

The worldwide stock exchange also crashed due to Coronavirus, which some countries have given holidays to schools where people have effected. Of course, Coronavirus is one of the causes of this dump, but I never expected such a huge dump in the market, which it has crashed in the span of the one day.

[Raja_MBZ]

Cardano Foundation Is Sued by Former Research Partner

https://cointelegraph.com/news/cardano-foundation-is-sued-by-former-research-partner

[Raja_MBZ]

Cardano Foundation Is Sued by Former Research Partner

https://cointelegraph.com/news/cardano-foundation-is-sued-by-former-research-partner

...and it seems like Charles has provided an update on this case:

https://www.youtube.com/watch?v=jlZqbfFqAl4

[mich]

Cardano Climbs 16% In Rally

Over the past seven days, Cardano has seen a rise in value, as it gained 25.63%. The volume of Cardano traded in the twenty-four hours to time of writing was $139.07052M or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $0.0217 to $0.0333 in the past 7 days.

https://finance.yahoo.com/news/cardano-climbs-16-rally-060000817.html

[Btc_1856]

Cardano Climbs 16% In Rally

Over the past seven days, Cardano has seen a rise in value, as it gained 25.63%. The volume of Cardano traded in the twenty-four hours to time of writing was $139.07052M or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $0.0217 to $0.0333 in the past 7 days.

https://finance.yahoo.com/news/cardano-climbs-16-rally-060000817.html

Yes, we are seeing much positive things from the Cardano because while you people are very busy in developing the things in the background. Again market seems to be recovering which we don't know what is going to happen exactly, but it is always good to grab the ADA when the price is low in the market.

[mich]

Cardano Releases New Version of Daedalus Rewards; Fixes Issue with Stake Pools
https://staking.cardano.org/en/delegation

Cardano’s Input Output HK has released a new version of Daedalus Rewards (2.3.1-ITN1). According to the report, this new update fixes a specific issue and resolves a common bug.
This new release was announced on 18th March 2020, via the official Twitter handle of Input Output HK.

https://heraldsheets.com/2020/03/21/cardano-releases-new-version-daedalus-rewards-fixes-issue-stake-pools/

[Raja_MBZ]

Byron reboot update with Tim Harrison

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

[AlexW333]

Byron reboot update with Tim Harrison

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

Good news
I like ADA and wish all the best in your future