Welcome to Cardano Pools Explained!
Cardano's Proof of Stake (PoS) uses very little electricity compared to Proof of Work (PoW) protocols such as Bitcoin and Ethereum.
Proof of Stake is the future of Blockchain technology. By nature it is more decentralize and more sustainable.
WE ARE DEDICATED TO IMPROVE THE COMMUNITY'S UNDERSTANDING OF THE CARDANO NETWORK,
STAKING MECHANISMS AND REWARDS CALCULATION.
Our Cardano Pool has been successfully running since the beginning of Shelley (July 29th 2020), we have been working with the Cardano Community from the very start to create our stake pool and keep it up-to-date and running smoothly.
Our first pool CAPEX is running with a low flexible fee of 0.9%.
Our second pool CAPEY is running with 0% flexible fee, guaranteed until the Goguen rollout is complete, which is currently planned for August 2021.
Join us on our Telegram group : https://t.me/joinchat/GF6zqSw5rBlbQf21
Our pools are running on a first server:
64Gb DDR4 RAM
And a backup server in a second location:
64Gb DDR4 RAM
The systems are running on a ProxMox VM environment
All Operating System are Ubuntu 20.04 Server.
The Cardano Network
A video simply explaining the foundations of the Cardano blockchain
The full explanation of the Cardano network by founder Charles Hoskinson
The Staking mechanism
Cardano's Shelley upgrade
Cardano has launched its Shelley upgrade, which introduces staking rewards for users who hold the ADA cryptocurrency. Here’s what you can expect from Cardano’s staking features.
The Basics of Staking
If you decide to stake your Cardano (ADA tokens) for a set period of time, you’ll periodically earn a return on your investment. Staking also helps the Cardano network: it is the process by which validators are selected to create a new block and process transactions.
How Proof of Stake (PoS) leads to a secure network
In a Proof of Stake blockchain network the producer of the next block is chosen by the amount of wealth that the represent on the network. In case of Cardano this is translates to how many ADA a certain stakepool has delegated to it.