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Author Topic: Cardano (ADA): A New Cryptocurrency and More  (Read 44783 times)
PavelPav
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August 02, 2020, 05:17:28 AM
 #941

Cardano looks like one of the most promising altcoins out there. Although I prefer Bitcoin. When does the ADA staking opportunity start?
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There are several different types of Bitcoin clients. Hybrid server-assisted clients like Electrum get a lot of their network information from centralized servers, but they also check the server's results using blockchain header data. This is perhaps somewhat more secure than either server-assisted clients or header-only clients.
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LGBX
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August 02, 2020, 05:27:25 AM
 #942

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
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August 02, 2020, 09:32:22 AM
 #943

Anyway... Do you guys have any idea when the ITN rewards will be distributed on the mainnet? I have a bag..

Tomorrow you can claim them
Please see this chart, it's indicated there - August 3


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August 02, 2020, 10:11:18 AM
 #944

Cardano Delegation - Staking in Daedalus wallet



Video:
https://www.youtube.com/watch?v=qonmv9sv3bA


Text version you can read on my READ CASH blog

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August 02, 2020, 12:20:50 PM
 #945

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
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August 02, 2020, 08:26:59 PM
 #946

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)

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August 03, 2020, 07:31:54 AM
 #947

Cardano (ADA) With 623+ Stake Pools towards achieving the 1,000 Pools Target to be The Most Decentralized

It is not possible to earn rewards from Stake pools while Cardano are moving towards a fully decentralized network.  First off, it is important to know how to download Daedelus before staking to one or more of the pools. It is also important to know when it will be possible to get rewards.

https://thecurrencyanalytics.com/17545/cardano-ada-with-623-stake-pools-towards-achieving-the-1000-pools-target-to-be-the-most-decentralized/
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August 03, 2020, 05:46:59 PM
 #948

Anyway... Do you guys have any idea when the ITN rewards will be distributed on the mainnet? I have a bag..

Tomorrow you can claim them
Please see this chart, it's indicated there - August 3


Awesome, thanks a lot! Is there a guide on how to claim ITN rewards or is something you can do straight forward in Daedalus mainnet wallet?

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August 03, 2020, 06:39:49 PM
 #949

Anyway... Do you guys have any idea when the ITN rewards will be distributed on the mainnet? I have a bag..

Tomorrow you can claim them
Please see this chart, it's indicated there - August 3


Awesome, thanks a lot! Is there a guide on how to claim ITN rewards or is something you can do straight forward in Daedalus mainnet wallet?

Once Daedalus wallet is lauched you will be able to see a new feature called Redeem Incentivized Testnet rewards which will allow you to to claim the rewards for the ITN and transfer them to the Cardano mainnet.

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August 03, 2020, 07:37:43 PM
 #950

Cardano temporarily stuck on exchanges. Why and what is a possible solution?




If you follow the news from the Cardano ecosystem, you know that hardfork (Shelley phase) happened on 29 July. Since then and up to this date most of these exchanges disabled both Deposits and Withdrawals, it means they didn't implement the hardfork changes yet


Full article:
https://hive.blog/cardano/@flodner/cardano-temporarily-stuck-on-exchanges-why-and-what-is-a-possible-solution

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August 04, 2020, 02:13:18 AM
 #951

<...>

This is just a temporary inconvenient imo, nothing to worry about.
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August 04, 2020, 05:11:58 AM
 #952


Once Daedalus wallet is lauched you will be able to see a new feature called Redeem Incentivized Testnet rewards which will allow you to to claim the rewards for the ITN and transfer them to the Cardano mainnet.

Looks like there is no "Redeem Incentivized Testnet" feature in the Daedalus wallet, I just downloaded/upgraded. Is yet to be released? or is something I miss, as I can't find the feature.

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August 05, 2020, 08:17:08 AM
 #953

Cardano (ADA) hits over 700 stake pools a week after Shelley launch

As press time, 731 pools are active on the mainnet, with upwards of six billion ADA locked up.

https://cryptoslate.com/cardano-ada-hits-over-700-stake-pools-a-week-after-shelley-launch/
Captain-Cryptory
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August 05, 2020, 11:50:45 AM
 #954


Tomorrow you can claim them
Please see this chart, it's indicated there - August 3



Today August 5 but no way to claim it via Daedalus 2.01. Why so many "stake snapshots" shown by the chart? Does it mean that every following  epoch will start first with the snapshot of the whole blockchain  and if I move my ADA from the wallet during particular epoch they will be accounted despite this?


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bitpotter
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August 05, 2020, 07:14:00 PM
 #955


Tomorrow you can claim them
Please see this chart, it's indicated there - August 3



Today August 5 but no way to claim it via Daedalus 2.01. Why so many "stake snapshots" shown by the chart? Does it mean that every following  epoch will start first with the snapshot of the whole blockchain  and if I move my ADA from the wallet during particular epoch they will be accounted despite this?

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.

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Flodner
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August 05, 2020, 08:03:22 PM
 #956

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

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August 06, 2020, 05:08:50 AM
 #957

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.

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August 06, 2020, 05:23:20 AM
 #958

Read this: https://iohk.zendesk.com/hc/en-us/articles/900001979086-ITN-Rewards-When-and-How-to-Redeem

"Important points to consider:

1. Users running Daedalus 2.0.1 are not yet able to redeem ITN rewards at this time.
2. Rewards earned from delegating on Daedalus Shelley Testnet are not redeemable and was intended for testing purposes only. "

Looks like from delegating you can't redeem the rewards, only from staking on your own.
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August 06, 2020, 07:17:25 AM
 #959

Litecoin plans cross chain communication with Cardano and huge update

IOHK CEO reveals possible collaboration to develop Cardano-Litecoin inter-chain communication.

https://www.crypto-news-flash.com/litecoin-update-and-cross-chain-communication-with-cardano/
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August 06, 2020, 08:31:27 AM
 #960

Litecoin plans cross chain communication with Cardano and huge update

IOHK CEO reveals possible collaboration to develop Cardano-Litecoin inter-chain communication.

https://www.crypto-news-flash.com/litecoin-update-and-cross-chain-communication-with-cardano/

Charles Hoskinson reveal this plan few days I also waiting for this news how they will take step into this direction to make this possible. I have strong believe in the bright future of Cardano it has big room to grow as this one have real scientific approach and the best code ever. This collaboration will bring more benefits for both project I hope it will happen soon.
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