CArdano Pools EXplained [CAPEX]

Welcome to Cardano Pools Explained!

DEDICATED TO IMPROVE THE COMMUNITY'S UNDERSTANDING OF THE CARDANO NETWORK,

STAKING MECHANISMS AND REWARDS CALCULATION.

Join us on our Telegram group : https://t.me/joinchat/GF6zqSw5rBlbQf21

Cardano Pools Explained [CAPEX]

Our Cardano Pool has been succesfully 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 updated and running smoothly.

Until the network if fully decentralized, no flexible fee will be calculated!

Pool 1 Details:

NAME : CARDANO POOLS EXPLAINED

TICKER : CAPEX

POOL ID : 4042098128E6161D238F01FF474AE4CBE6451C82498B1BD8713D7098

FEES

FIXED FEE : 340 ADA PER EPOCH (CURRENTLY THE LOWEST ALLOWED SETTING)

FLEXIBLE FEE : 0% UNTIL THE D = 0

MORE INFORMATION ON CARDANO POOLS EXPLAINED CAN BE FOUND ON POOLTOOL.IO


Pool 2 Details:

NAME : CARDANO POOLS EXPLAINED - 2

TICKER : CAPEY

POOL ID : 2efcfd92f766bbeaa79ad07ab4ff648f11ec17c029e66d2abe343937

FEES

FIXED FEE : 340 ADA PER EPOCH (CURRENTLY THE LOWEST ALLOWED SETTING)

FLEXIBLE FEE : 0% UNTIL THE D = 0

MORE INFORMATION ON CARDANO POOLS EXPLAINED CAN BE FOUND ON POOLTOOL.IO

Our Systems

Our pools are running on:

CPU AMD Ryzen 7 3700X/3.60 GHz

64Gb DDR4 RAM

ASUS TUF B450M-PLUS

The systems are running on a ProxMox VM environment

Additionally 2 of the Relay nodes for the Cardano pool are running 2 Raspberry Pi 4 8Gb.

All Operating System are Ubuntu 20.04 Server.



The Cardano Network

What is Cardano

Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods. It combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies.

With a leading team of engineers, Cardano exists to redistribute power from unaccountable structures to the margins – to individuals – and be an enabling force for positive change and progress.

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.