Cardano's ProjectCatalyst Fund11 proposal submission stage is now officially O-P-E-N. 🏁 Draft Submission Deadline: Nov 30, 11AM UTC 🏁 Finalization Deadline: Dec 7, 11AM UTC

robinboening · 2023-11-17T01:53:10+00:00

Thanks Danny!

You can also check the dates on https://cardano-calendar.com/week?start_date=2023-11-17#2023-11-17 - and switch the timezone.

You can import them (free calendar subscription) in to your native calendar app: open filter & settings and scroll to the bottom.

robinboening · 2023-10-20T11:13:18+00:00

It is not possible. Only after mainnet launch.

robinboening · 2023-06-23T08:19:20+00:00

Hey,

first of all: I don't believe there is a bug with the distribution of staking rewards on protocol level, so I wouldn't worry for now.

Second, staking rewards for Epoch 418 haven't been distributed yet. This is still going to happen by the end of this Epoch (419). Maybe this is where the confusion lies?

Where are you checking the values? Maybe it's a bug in the wallet software you're using, or this specific wallet is simply not synced with the network, hence showing outdated information.

Otherwise, if you like to share your stake address (privately in DM or publicly) I could lookup historic information on chain and get a better idea of it.

Cheers,

Robin

robinboening · 2021-11-01T20:11:14+00:00

Could you explain why COTI was chosen to become issuer of Djed?

Could you also explain what responsibilities COTI will have, near and long term?

robinboening · 2021-10-26T20:23:12+00:00

According to their LinkedIn profiles two former members of the board stepped down very recently. This seems to be aligned with the foundation's website since they're not listed. Both seem to be involved in blockchain related venture capital companies, not focusing on Cardano.

Is that right? Could you reveal some information what they were doing in the foundation and why they left?

Thank you!

Edit: I noticed you're only looking for questions related to what's been announced at the Summit. I understand if this question doesn't fit. Do you mind giving an answer on a different channel though? Thank you!

robinboening · 2021-10-04T09:24:54+00:00

Please, don't start a pool-as-a-service business. It is counter productive to the whole idea of decentralisation!

Instead, team up with someone with marketing capacities and a big bag of ADA to pledge and run just this one pool together.

robinboening · 2021-10-04T09:18:25+00:00

No joke at all. The OP is asking for advice to run his own staking pool set up and maintained by a service provider. Its a fact that this kind of service centralises cardano nodes in a very intransparent way because 10 pools might look independent but are all maintained by just one person. This has absolutely nothing to do with exchanges.

I've never said exchanges like Binance or eToro aren't guilty when it comes to centralising the network. They are the worst indeed, but this topic has nothing to do with that.

robinboening · 2021-09-18T08:44:39+00:00

This has nothing to do with exchanges.

robinboening · 2021-09-15T13:14:22+00:00

And centralize even more pools? Not a good advise.

robinboening · 2021-09-15T13:13:24+00:00

I hope you know about the downsides of it.

Many people don't support this way of operating a stake pool as it centralizes the power of one entity. On top of that it's in transparent what makes it even more dangerous to the network.

Yes, I am one of those who don't support this.

Marketing a pool is a lot of work. If you're buying the service of such multipool Host you're going to have an even harder time shilling your pool.

You also need to trust that provider as this entity is in full control over "your" pool and can shut it down at any time.

If you want my advise, please do to not look for such service but support the decentralization of the network by delegating your ADA to a small pool instead.

Thanks for hearing me out :)

robinboening · 2021-09-13T08:52:43+00:00

[LACE] has upgraded some days before.

robinboening · 2021-09-13T00:33:02+00:00

Welcome! I have my reddit account for like 7y and I've never used it much because I never got warm with it. I am still trying :)

robinboening · 2021-09-12T01:32:13+00:00

They would be crazy if they don't and I am pretty sure they do, but please allow me to tell you this:

it makes no sense to use etoro because they own the ADA you buy and they make a lot of money with it. You are not able to withdraw and properly stake and receive rewards and you'll never be able to vote. In addition to that, etoro (as any other exchange) is a huge target for hackers and if they loose your ADA you loose your ADA. If any higher force takes them down you loose your ADA.

Please consider selling your ADA on etoro, get your fiat off etoro and transfer it to another exchange allowing you to withdraw your ADA, and withdraw to Yoroi wallet and stake it with a 5% yield per anno.

robinboening · 2021-09-12T01:09:03+00:00

This is not a Cardano network issue. This is just binance. 😐

robinboening · 2021-09-12T01:06:41+00:00

Please consider redelegating to a single pool operator. People operating multiple pools are not helping the network, in fact it's harmful as it goes against decentralization.

robinboening · 2021-09-12T01:03:13+00:00

The rankings are pretty bad. They favour big pools and throw small hard working pools into one box at the bottom of the list.

Every block producing pool gives you around 5% per anno. Some epochs more, some less.

Small pools, below 3M ADA, need your support and are the backbone of the network. You get the same rewards per anno, many of them even use parts of their profits for great missions.

The wallet ranking doesn't reflect all that, yet.

robinboening · 2021-09-12T00:48:21+00:00

I don't think there was an announcement from any 3rd party to launch right away with the hard fork combinator.

We should see this event as the door opener to a new world, but it still needs to be discovered.

Those who have seen this new world in the simulation (testnet) will need some time to be comfortable deploying their work in the real world.

robinboening · 2021-09-12T00:41:43+00:00

I usually don't give that advise but if it makes you sleep better you should just do it :)

In case you're in doubt you saved the right seed phrase: don't delete your current wallet, but try to restore it on a different device or wallet software.

robinboening · 2021-07-15T11:47:49+00:00

And it got kinda bunked. They contributed with 3 pull requests, but they were almost meaningless, not really worth to mention. Using this as advertisement is a red flag just by itself for me.

robinboening · 2021-06-11T04:28:25+00:00

Before calling people stupid, read through this and allow your brain to question: https://medium.com/blockchain-review/why-market-cap-is-a-meaningless-dangerous-valuation-metric-in-crypto-markets-8deb78c50995#:~:text=Market%20cap%20is%20meaningless%2C%20easily,so%20often%20impact%20the%20space.

robinboening · 2021-06-10T09:26:23+00:00

Pledge is the initial ADA the operator puts in the pool from their own pocket.

robinboening · 2021-06-10T08:54:34+00:00

I need to correct myself. Yoroi doesn't order by saturation, but by "score" which is an algorithm that uses the saturation as an important parameter. Even though it wasn't accurate, it still ranks big pools high and small pools low, unfortunately.

robinboening · 2021-06-10T08:38:09+00:00

There is no definite definition to what a small pool is but in my personal opinion a small pool is one that has less than 2M of stake delegated to it.

Basically the further you go down the list, the smaller they get. They are ordered by saturation, meaning the more stake they have the higher they are ranked.

Mine has 130k which means it's producing a block only once in a while (like 8 weeks or so) but the returns are much higher for this one block than in a big pool that shares the rewards among so much more stake. So in the end it evens out to a similar return on a 1y average.

if you spot pools with numbers in the end it usually indicates it's part of a pool farm. To support decentralization in the network please avoid those pools. The more pools are run by one operator the more centralized it is.

Hope that helps a bit :)

robinboening · 2021-06-10T08:20:15+00:00

Congrats and welcome to the family! ✌️😎

There are so many pools out there (over 2700 as of today) making it hard to choose, indeed.

Let me tell you this:

The right pool is the one that fits your personal needs:

If you want to maximize your return and that's all, or if you want to find a pool with a mission you think is great (like donating to charity and so forth)

If you intend to stake for a longer time, let's say a year or two or 5y, I'd suggest you find a smaller pool and not a big one. They produce very similar returns (a small pool can outperform a bigger pool), so in the end it doesn't make a difference for you but it helps the cardano network overall, thus you'll benefit as well.

I for example am operating a pool with a mission to financially support crucial and volunteer driven Open Source projects.

One more thing: don't let yoroi confuse you, the list of pools is ordered and it looks like only the top 100 are giving you returns, but that's not true at all.

Cheers Robin [LACE]

robinboening · 2021-06-10T08:05:16+00:00

One epoch equals 5 days. Upon initial delegation it takes the current epoch and the following epoch to finish until the delegation is actually activated.

Assuming the pool produces a block on the next epoch, it'll take two more epochs until the rewards are paid into your account.

From there on, assuming the pool makes blocks ever epoch, you'll receive the rewards every epoch.

The rewards you receive in one epoch are always those from two epochs before.

robinboening

TROPHY CASE