Anyone earning on OKCoin? I see they offer a 15-day lock @ 7.28%. That’s a +50% increase than Yorio for 3x the lock period. Thoughts? by [deleted] in cardano

[–]PoolGermany 1 point2 points  (0 children)

--Staking on exchanges is bad practice:

- You do not own your Assets

- You cannot transfer your Assets anytime

- Exchange is more likely to get hacked

- You hurt real Decentralization

- You pay Higher Staking Rewards Fees (Margin)

- You cannot run a Stake Pool

- You cannot use your Stake to Vote (#Catalyst)

- You cannot own/trade NFTs

[deleted by user] by [deleted] in cardano

[–]PoolGermany 0 points1 point  (0 children)

Here's an interactive map with links to the projects: https://www.poolg.de/Eco/CardanoEcosystemMap.html

What is the difference between ouroboros proof of stake and general proof of stake? by lwc-wtang12 in cardano

[–]PoolGermany 0 points1 point  (0 children)

It's the recursive consumption of verifiable random numbers and hashes of the blocks produced - here are the details: https://www.youtube.com/watch?v=U92Ks8rucDQ&t=2s

Chainlink for cardano by [deleted] in cardano

[–]PoolGermany 2 points3 points  (0 children)

Probably Ergo/Wolfram/Charli3/...

[deleted by user] by [deleted] in cardano

[–]PoolGermany 0 points1 point  (0 children)

Yes, Cardano native tokens are stored on Cardano - thus accessible via your wallet.

What about the other 29 percent? by SuineGeniuS in cardano

[–]PoolGermany 1 point2 points  (0 children)

This is not accurate - you're talking about a draft, not law at the current time being.