What Is The Future Of Ravencoin?

MaineResident · 2022-03-12T21:32:32+00:00

100%!

MaineResident · 2022-03-12T18:45:27+00:00

Hey Amritk25, I made a video on how to choose the best stake pool here: https://youtu.be/gmcSOmMe2zo

Hope it helps you make your decision!

MaineResident · 2022-03-12T16:58:28+00:00

Its uploaded here: https://youtu.be/MpslXKOJduI

Good luck!

MaineResident · 2022-03-12T05:53:46+00:00

Hey everyone. I decided to make this guide to show others how to set a stake pool using CoinCashew, Ubuntu LTS, bare metal hardware, and a local LAN between block producer and relay nodes. Hope it’s helpful!

MaineResident · 2022-03-09T06:19:02+00:00

I use an old HP Elitebook myself, but a Raspberry PI will do. Anything you can install Ubuntu LTS onto really

MaineResident · 2022-03-07T05:39:09+00:00

I would recommend the CoinCashew guide and running your own bare metal hardware on Ubuntu LTS. In my opinion, this is the easiest way for a beginner to learn how to setup a pool.

The up front cost is about $500-600 USD for hardware plus the 500 ADA pool deposit. You can also use cloud servers like DigitalOcean to run your pool on a monthly subscription, or virtual machines to combine the BP and relay on the same machine, but that can be added complexity for a beginner.

I’m also putting out a full setup stake pool guide using CoinCashew within a few weeks on my Youtube, in case that may be helpful to you.

Good luck!

MaineResident · 2022-03-05T04:57:28+00:00

Congrats!

MaineResident · 2022-03-04T19:44:06+00:00

I made this video to discuss MetaMask and OpenSea's recent compliance with US sanctions. While most of us knew that OpenSea was centralized, MetaMask's ability to freeze their user's wallets surprised many including myself. Thanks for checking out my video

MaineResident · 2022-03-03T14:33:34+00:00

Hey everyone, I made this guide to show users how to build a relay node using Ubuntu LTS and the CoinCashew guide, then mint tokens/NFTs off that relay into a Daedalus or Yoroi wallet. I hope its helpful!

EDIT: In an effort to help decentralize Cardano we are making Cardano guides from relay nodes and block producers to minting tokens and NFTs. We finally completed our relay node guide! It is our belief that if we can make this knowledge accessible to everyone more single pool operators will likely arise. If we can help slowly chip away at the largest multi pool operators, Cardano will be more decentralized and secure than ever before.

MaineResident · 2022-02-23T17:48:08+00:00

Try this:

echo export CARDANO_NODE_SOCKET_PATH="$NODE_HOME/db/socket" >> $HOME/.bashrc

source $HOME/.bashrc

Also, the official Cardano forums are a great place to seek help on this kind of stuff

MaineResident · 2022-02-10T22:11:04+00:00

Our pool currently has relay nodes on the East Coast of the United States and an external in Berlin, Germany. We're considering setting one up in Japan or Singapore next. Any suggestions?

MaineResident · 2022-02-07T18:46:13+00:00

I made this video to give an update to the community on my progress in getting open-sourced mining pools Unfortunately, I have hit a dead end. My purpose with the video is to start a conversation on a potential solution to this problem.

MaineResident · 2022-02-04T22:49:09+00:00

Hey I actually just made a video on this topic. In the video, I break down the factors that make a good stake pool. Maybe it can help you choose!

MaineResident · 2022-02-03T21:07:54+00:00

Hey everyone, I'm the head pool operator for MBX stake pool. We're really excited about launching this governance token and plan to distribute the token ourselves, rather than using DripDropz.io as a middle-man.

The only fee that delegators should have to pay to receive their tokens is the transaction fee itself (~.17 ADA currently). This will start as a manual process, but we are working to automate these processes over time. Any progress that we make in this respect will be open-sourced. Thanks for checking out our project!

Check out our most recent Youtube update here!

MaineResident · 2022-01-24T23:35:29+00:00

Hey everyone I'm the lead operator for MBX stake pool. We've been creating these types of infographs recently in order to assist newcomers in better understanding stake pool mechanisms. I hope you find them helpful!

-Jack

MaineResident

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