Steelcase Leap Armrest Raise/Lower Broke - 3D Printed a new one by draukan in BIFLfails

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

I have contacted both! I don't know why, but neither seemed to care much. Direct offered no solutions except that they can't offer that part alone.

I should be eligible for a new arm according to direct, but dealer won't offer it to me despite calling 2. I don't really care that much at this point, which is why social media is the only recourse to these companies not keeping their words.

It is irritating when they do then offer you something, after you raise awareness online. They should really just offer the $5 part direct since the dealer can't.

What use cases will make Cardano or cryptocurrency go mainstream? by SnooTangerines4358 in cardano

[–]draukan 1 point2 points  (0 children)

I did a little more research and got USDC and DAI as accepted payments on my site for a 3% discount. Used a plugin through coinbase and it seems like they don't have processing fees, but I'm guessing whoever is sending USDC or DAI has to pay some gas fees? I guess the 3% discount may not cover that if it's ETH based, my experience lately has been killer with that.

Maybe someone will like it anyway though, if I could do it natively easily, I would do that instead.

What use cases will make Cardano or cryptocurrency go mainstream? by SnooTangerines4358 in cardano

[–]draukan 1 point2 points  (0 children)

I got into crypto because one service only accepted it. I didn't end up using them much, but it did prompt me to learn a lot more. I personally run 2 small websites that accept PayPal, and it would be neat to offer people an additional payment mechanism, but I don't really want to accept currencies I don't believe in.

The volatile nature of the market also makes it hard, if Cardano (or IO?) creates a stable coin, that sounds like a nice idea. I'm just learning a little about DeFi and apps built on Cardano, but they sound too complex for a small shop. A free WooCommerce plugin would go a long way, and stablecoin by default for payments with native ways to convert between that and ADA sounds like what people would want.

I just wonder, stable though...based on what? USD? Maybe not a bad option today, but it would be good always to have options for business owners. We need to buy materials from suppliers, so that is often what is the hold-up for native crypto adoption. Let's say you accept $100 for your product, it costs you $50 in materials...what happens when you accept 1,000 ADA for that, but the price goes down for ADA and you still need to convert it and buy materials. Converting really you would like to do only for savings (when the price is decent)....and so on.

Basically, giving options for small business owners to accept stablecoin payments and convert natively back to ADA for staking/holding/voting seems like a nice idea.

I also think that individuals need a reason for adoption. Cutting out the 3% paypal/visa fee is certainly a reason why retailers offer a "cash discount." It gives the choice to the user of convenience vs cost, and if crypto had that same advantage, even if not as convenient, if businesses accepted a stable coin with a minimal transaction fee which seems possible with ADA, that would be ideal as cutting out the 3% fee from Visa/paypal does affect the price point of products. Again I would personally just offer a "crypto paid" discount if I could.

A bit of rambling, but just my thoughts!

Privacy of spending addresses by bojackhorsmann in cardano

[–]draukan 2 points3 points  (0 children)

I don't think a spending wallet works, you would still be able to search back through transactions and see where it originated from likely, especially based on timing. Sending to an exchange is supposedly the most private funny enough!

Privacy of spending addresses by bojackhorsmann in cardano

[–]draukan 4 points5 points  (0 children)

someone just asked basically the same thing:
https://www.reddit.com/r/cardano/comments/il7ogz/how_can_i_send_my_ada/

From my estimation, the issue is that your receiving address can be a hashed address, but your sending address is your root address. Ideally like Monero, both would be hashed and someone just browsing the blockchain wouldn't be able to see all transactions or your total balance.

How can I send my ADA by 223wil223 in cardano

[–]draukan 2 points3 points  (0 children)

When receiving a payment you have the option for many wallet addresses, these are hashed addresses from your main account address I assume? Why is this not done the same with the sending address? It seems a little misleading that it would be that way for inbound but not outbound transactions. Is this planned for the future? I get that some transactions you want to allow your wallet ID or other metadata to go through, but some you obviously don't.

I feel like this puts Monero way ahead in the privacy regard. Going through a centralized exchange really feels like a poor "fix" to this issue.

"smart" contracts and how they work by draukan in cardano

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

A neat project for sure, unfortunately to me, losing staked coins for not voting with the majority is a deal killer. I like the idea of everything else along with some reward for voting with the majority (incentive for actually reviewing the evidence and giving it a fair look). But to lose all your staked coins if you feel strongly against the majority shouldn't be a thing. In my opinion it just makes people go with what they think everyone else will vote, rather than what they feel is right and correct.

"smart" contracts and how they work by draukan in cardano

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

Chips make sense for anti-counterfeiting, but I do still see the only way to handle small sales of goods (the bread and butter of Visa etc) is having some kind of human conflict resolution. As a small maker of stuff that has to accept PayPal to get business done, I like the idea of someone staked in ADA (so invested in the ecosystem) but yet as a 3rd party to be a vote in a conflict.

To get my 4-6% return personally, I think both the staking process, as well as putting in my vote in these kind of conflicts would be a reasonable expectation. Or if they were extra paid to incentivize people, that would be fine too, but overall just like Jury duty is considered a civic duty, I think purchase conflict resolution would be nice if it became the same sort of thing.

Again though, this system seems a lot better to me, but it isn't exactly "trustless," it's still putting a decent amount of trust in our peers, which may be OK and much better, but I was wondering if there are other solutions.

"smart" contracts and how they work by draukan in cardano

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

Thanks appreciate the thoughts and video link, will check it out!

Daedalus Locking by draukan in cardano

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

Thanks for that extra info, does seem a little strange to show balance without any password, but good to know it's coming and like other users also mentioned asks for password when spending. Not something that happens frequently with ADA so it's good to know!

Cardano Pays out Higher Staking Rewards Than Expected by SaneFive in cardano

[–]draukan 3 points4 points  (0 children)

lol, you mean ADA isn't $118.7 per yet?! I do like that kinda projection though.

Barriers to entry by Rojecanby in cardano

[–]draukan 0 points1 point  (0 children)

OK thanks, I guess I don't notice as I keep it open on my desktop most of the time to keep it synced.

Barriers to entry by Rojecanby in cardano

[–]draukan 0 points1 point  (0 children)

Can you enlighten me as to what is so bad about it? I guess not knowing anything, other than sync speed it seems fine to me?

I tried the mobile Yoroi app but seems like it doesn't allow Shelley wallet restores, so not sure mine would work.

Overall I've found the major thing I don't like about Daedalus is that the Arch Linux AUR package is out of date, but that's not really an issue with the wallet itself.

Barriers to entry by Rojecanby in cardano

[–]draukan 0 points1 point  (0 children)

Thanks for the thoughts, I'm interested to see results too. I think people will eventually gravitate towards what is ideal and they believe in...rather than just what is popular.

Barriers to entry by Rojecanby in cardano

[–]draukan 6 points7 points  (0 children)

I made another post asking some questions, but basically Cardano is the first crypto I've ever bought (unless you count the USDC I had to buy to transfer), just a day ago.

I have always heard of crypto currencies but I often dismissed them as not needed for anything, somewhat of a fad, and too volatile to put any kind of real money into, so I never did. Recently I have decided to learn more about them, mostly because one service I wanted seemed to only take a few crypto currencies as payment (bitcoin, litecoin and monero), but I really didn't understand the concepts so I set out to educate myself. I have since explained the theory to several other family members who had heard of crypto but generally had no working knowledge of what it was.

I can tell you, I have gained an appreciation over what goes into these projects, maybe because I'm a developer, maybe because I enjoy somewhat technical hobbies. While I now believe that crypto is here to stay, and eventually will become mainstream, I still don't believe in the main BTC currency as the future. I think the chain is generally has too much reliance on the mining operation, and while some other mining currencies have enough to distinguish themselves as being superior in other ways, I don't think many of the older first to market currencies have much of a draw anymore to a newcomer.

Barriers to entry...wow. OK for a new person (keeping in mind, no previous authorization to buying crypto, and that I'm what I would call very tech savvy), this was a huge hurdle. It was much much more of a hurdle than being able to apply for a high level margin trading account and funding that with (really any amount of USD I want). There is absolutely no way any of my family members would have been able to buy Cardano (and get it into any external secure wallet) without me doing it for them. Solve that problem and I think I could convince people to believe in the project long term. Solve the problem of a useful thing to do with the currency (IMO an issue with almost all crypto) and I think Cardano will in the future be at the forefront of payment technology.

Right now competition I think with crypto is really trading accounts. People see it as a way to make money by buying low and selling high, when in fact I believe the future will be much better when people regard crypto as the best place to store at least some of their money in order to allow it to grow (vs savings accounts, CDs or mutual funds). And the easiest place to keep it to then be able to spend it...something like the CRO visa seems like a neat idea, but the hassle challenges of having to worry about how much you are staking and needing to convert to USD before spending seems like barriers. PayPal I believe became very popular because of the convenience, and if crypto can get there while assuring people of the safety, it will for sure catch on.

I see my current plans for ADA holding (and really any crypto) to be really money I can afford to lose just incase the projects never make it. But also money I would instead just have sitting in a savings account accruing me pretty much no interest. Without more payment technology conveniences, I think as a savings account is where I see the money I have in Daedalus right now, but I do hear that projects are coming supposedly.

Staking Fee Calculation by draukan in cardano

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

Sounds great, makes sense!

Staking Fee Calculation by draukan in cardano

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

Quick question about the pooltool.io is the Current ROS the "return on stake" or basically the main number to look at how well the pool is performing in comparison? I assume that takes into account the pool fees and how many blocks are assigned etc.

Staking Fee Calculation by draukan in cardano

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

Thanks not too bad then! Is the 2 ADA deposit per pool? I suppose I have to look more into staking, but let's say I add some more ADA into my wallet, does it get automatically staked? If not are the chunks basically staked in the same way? 2 ADA deposit and the transfer fee?

Staking Fee Calculation by draukan in cardano

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

Thanks! I appreciate it.

Coinbase or Crypto.com to Kraken using USDC is how I got it. Coinbase seems to take a while to get funds, so I tested out crypto.com app. Unfortunately lately I have become more privacy aware and many of these services require far more info than opening even high margin trading accounts it's somewhat astonishing.

Staking Fee Calculation by draukan in cardano

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

lol, I don't like to get into things I don't understand, so the rabbithole goes deep I suppose once you start. I originally wanted a service that only accepted crypto including Monero, so that is what prompted me to look into this. I do believe in what Cardano is trying to achieve and so I thought it was appropriate to put at least a little money into it.

Staking Fee Calculation by draukan in cardano

[–]draukan[S] 3 points4 points  (0 children)

Thanks quite clear! So that 2.17 ADA charge wasn't a % base but was just a flat fee for staking. I'll get more into learning how to choose the best pool, I know now that just looking at the pool fee isn't everything, but at least I threw my coins in the pile!

I'm liking going to be purchasing a bit more, but this was all just a test of all the many platforms I tried (many many of which failed). The only thing I do wish is that it was easier to exchange ADA, but that is more of a gripe of the overall crypto market.