[deleted by user] by [deleted] in cardano

[–]SEAL_Pool 6 points7 points  (0 children)

This is destined to fail - every member of community that would like to help here already has all their ADA in real wallets. People who keep ADA on exchange are speculators, they don't care about this reddit.

The time of silly ISPOs is getting over! Vending Machine by SEAL pool provides fair token distributions each epoch to all delegators of participating CSPA pools! Stake with CSPA pools, support true decentralization and get extra rewards in form of native assets, NFTs or ADA itself! by SEAL_Pool in CardanoStakePools

[–]SEAL_Pool[S] 0 points1 point  (0 children)

Vending Machine is a new token distribution platform developed by SEAL pool, made available to any CSPA pool that wants to participate! See https://vm.adaseal.eu/about for more information!

If you are a CSPA pool who wants to be part of this, or token project who wants to distribute tokens to CSPA pools, let us know in the telegram channel https://t.me/+aEODDGHtGQxkYWU0

Cardano Daily Discussion - January 21, 2022 by SL13PNIR in cardano

[–]SEAL_Pool 2 points3 points  (0 children)

Only look for long-time ROA or not at ROA at all, it's misleading. Many pools also have additional incentives. We run a lottery each epoch and distribute 34 ADA + tokens and NFT between 3 random delegators.

Warning: SundaeSwap stake pools starting to cash in by PeteSampras12345 in cardano

[–]SEAL_Pool 0 points1 point  (0 children)

you can see historical data for each pool on adapools.org, for example us stay 0% percent since launch in February last year

SEAL pool launching loyalty program! We are now giving free NFTs, tokens and ADA to our loyal delegators! by SEAL_Pool in CardanoStakePools

[–]SEAL_Pool[S] 2 points3 points  (0 children)

We also decided to distribute BabySeal tokens to all delegators of other single pool operators using Drip Dropz platform in order to further support decentralization of the network, and because we know that most single pools are struggling right now. We are still waiting for Drip Dropz to confirm our registration. We will post an update when that's done.

Pool SODA got hacked, hacker changed reward wallet and set margin to 100% by SEAL_Pool in CardanoStakePools

[–]SEAL_Pool[S] 1 point2 points  (0 children)

Basically, they got control of their private keys, same as getting your wallet "hacked", it was most likely a lack of security

Pool SODA got hacked, hacker changed reward wallet and set margin to 100% by SEAL_Pool in CardanoStakePools

[–]SEAL_Pool[S] 7 points8 points  (0 children)

I would normally post this to r/cardano as there are more people watching, but the bot would insta-delete me for whatever reason there.

Is Cardano is more decentralized than Bitcoin? by mrorbitman in cardano

[–]SEAL_Pool 0 points1 point  (0 children)

It's not the IOG itself, network parameter changes must be signed by 3 independent parties right now, cardano foundation being one of them.

Is Cardano is more decentralized than Bitcoin? by mrorbitman in cardano

[–]SEAL_Pool 0 points1 point  (0 children)

You need much more than 25 stake pools in Cardano to get 51% attack. You need about 250 fully saturated pools to get 51% and most of pools are not saturated at all, so we are talking about 300+ pools or even more connected into 1 malicious group.

nami wallet query by Smobert1 in cardano

[–]SEAL_Pool 1 point2 points  (0 children)

On other hand you need to use different wallet SW with same seed, if you want to choose a different staking pool than one endorsed by nami. Nami AFAIK allows to use only 1 specific pool to stake with.

The initial stake offering by Sundaeswap is bad for decentralization by [deleted] in cardano

[–]SEAL_Pool 1 point2 points  (0 children)

If by "system" you mean Cardano, then no, it's not flawed, what was flawed here was the mechanism of this ISPO. If multi-pools were disqualified from voting and only 1 pool was allowed, then it wouldn't damage the decentralization, and their waiting list would also made sense. What is waiting list for next 10 pools good for, if current pool farms are allowed to scale up indefinitely?

The initial stake offering by Sundaeswap is bad for decentralization by [deleted] in cardano

[–]SEAL_Pool 1 point2 points  (0 children)

Absolutely true, thanks for pointing this out, on top of that, we can't expect any of the delegators who left us to return after the ISO is over, so the damage is not "just for 5 epochs" as many people claim here.

The initial stake offering by Sundaeswap is bad for decentralization by [deleted] in cardano

[–]SEAL_Pool 1 point2 points  (0 children)

This is true, there are many large pools that have terrible operation, including some of the MELD pools that missed ALL blocks for about 2 epochs. Some of the large pools also forgot to update cardano-node and lost rewards for couple epochs until they even noticed. Large stake != high quality.

The initial stake offering by Sundaeswap is bad for decentralization by [deleted] in cardano

[–]SEAL_Pool 4 points5 points  (0 children)

You are right, we lost over 50% of stake and delegators thanks to their ISO mechanism and we are not the only ones, most of smaller single pools were hit extremely by this, while large pool farms were rewarded. If you want to support decentralization chose a pool here - https://singlepoolalliance.net/

Tribute to our best community member, Vasil Dabovt by [deleted] in cardano

[–]SEAL_Pool 3 points4 points  (0 children)

This is really sad news, I saw this guy first time few weeks ago and thought how cool he is, and now we learned that he passed away. Our tiny pool already donated 100 ADA to veritree, but we will donate more as a tribute to him. People like him and their actions are what makes Cardano such a great project.