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Author Topic: Cardano (ADA): A New Cryptocurrency and More  (Read 50360 times)
othell_rogue
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August 04, 2020, 05:11:58 AM
 #921


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.

To Buy, or not to Sell? That is the question.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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mich
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August 05, 2020, 08:17:08 AM
 #922

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/

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bitpotter
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August 05, 2020, 07:14:00 PM
 #923


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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August 05, 2020, 08:03:22 PM
 #924

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
 #925

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.

To Buy, or not to Sell? That is the question.
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August 06, 2020, 05:23:20 AM
 #926

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
 #927

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
 #928

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.
othell_rogue
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August 06, 2020, 11:30:47 AM
 #929

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.

To Buy, or not to Sell? That is the question.
Flodner
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August 06, 2020, 06:14:04 PM
 #930

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
 #931

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
 #932

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
 #933

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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Flodner
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August 08, 2020, 01:07:33 PM
 #934

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

riskthebiscuit
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August 08, 2020, 02:49:48 PM
 #935

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...
othell_rogue
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August 09, 2020, 08:12:02 AM
 #936

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.

To Buy, or not to Sell? That is the question.
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August 09, 2020, 10:11:03 AM
 #937

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

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August 09, 2020, 10:11:26 AM
 #938

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
 #939

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
 #940

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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