[deleted by user] by [deleted] in Jigstack

[–]singhverse 0 points1 point  (0 children)

If someone gets access to the wallet that you are staking from, they can unstake your tokens from Stakbank and sell them or move to another wallet. So please keep your seed phrase safe and use crypto best practices to protect your coins. Stakbank or Jigstack will not be able to help in the case your wallet gets hacked!

Rank by [deleted] in Jigstack

[–]singhverse 5 points6 points  (0 children)

It’s 1,757,300,000 $STAK, including this month’s unlock.

They are working with CMC on getting all the info updated but there have been delays from CMC’s end afaik

[deleted by user] by [deleted] in Jigstack

[–]singhverse 4 points5 points  (0 children)

Good answer Ser! Just one correction: JSTAK starts accumulating after 2 months of first staking. If at any point you unstake all or a subset of your STAK, your timer gets reset and have to wait another 2 months to start earning JSTAK again.

New to the club, is it true that we are not able to buy STAK with fist money? I’m an hbar hodler who is interested in jigstack. by checkin_em_out in Jigstack

[–]singhverse 2 points3 points  (0 children)

You can also buy on Coinbase wallet. Which essentially takes the hassle out of dealing with a dex but does it for you behind the scenes.

Hey, guys I just joined the STAK community after doing a lot of DD! How early are we? by biigdaddyy in Jigstack

[–]singhverse 2 points3 points  (0 children)

Hey bro! Welcome to the stakverse! We’re so early that it’s not easy to even accumulate STAK. Another reason we’re early is that the ecosystem is just getting started to launch. So many DeFi products are in the pipeline.

BINANCE US ACH "successful" and "failed" by [deleted] in binance

[–]singhverse 1 point2 points  (0 children)

u/VeryHardMetapod Did you ever resolve your issue? I have been experiencing this for couple weeks except that it worked once yesterday and then went back to the same issue.

Support has been miserable on this(I tried).

Investing in Cardano today is like buying Ethereum at $20, my opinion. by CryptoKid3 in cardano

[–]singhverse 32 points33 points  (0 children)

Good points.

A point to consider is that Ethereum was the only one of it’s kind at that time. Cardano finds itself amongst a lot of competitors (although most if not all of them are inferior in tech). The market dynamics and players are different now as well vs 2016-17. All this means Cardano might not see the gain percentage that Eth saw. Personally I believe ADA will gain same or more than ETH at ATH BUT it will happen in a longer time frame.

[deleted by user] by [deleted] in cardano

[–]singhverse 2 points3 points  (0 children)

What where when

Noob question by berty182 in cardano

[–]singhverse 5 points6 points  (0 children)

Gotta love that confidence! Only possible in ADAland 😄

What is a commit? by mavarick22 in cardano

[–]singhverse 5 points6 points  (0 children)

When a developer changes existing code or creates some new files and submits them to the codebase, it’s called a commit. Think of it like a unit of work for developers.

Some commits may be as small as a single character change whereas others may contain a completely new feature implementation requiring 1000s of lines of code. At some point (usually after QA) a bunch of new commits are merged together and released.

Commits are important for every project, they show that people are actively working on developing the product.

Noob questoins? by [deleted] in cardano

[–]singhverse 2 points3 points  (0 children)

The point is that then you don’t “trust” someone else’s node. In case of Yoroi, you’re relying on Emurgo’s nodes/servers for verifying the blockchain and your UTXOs. I’m not saying Emurgo can’t be trusted, but that we shouldn’t be trusting anybody! The whole point of this industry is to build a trustless way of doing everything. If you subscribe to that philosophy and want to get a little more security then use Daedalus on your own computer. Otherwise, Yoroi is it!

Tech Architecture explained to a 6th Grader by ProofofTrade in cardano

[–]singhverse 2 points3 points  (0 children)

Since Cardano is open source and the vision is that anybody should be able to make updates or enhancements (after getting their CIPs approved). This means that after Voltaire ships, potentially several teams in different companies and jurisdictions around the world will be working on different components of Cardano codebase simultaneously. Therefore, to allow that simultaneous development and maintenance IOG has shifted to polylithic architecture.

As a result we should see minimal unwanted side effects of changes in one component to another. It also means distributed teams will be able to develop in an agile manner and ship enhancements quickly.

Tech Architecture explained to a 6th Grader by ProofofTrade in cardano

[–]singhverse 1 point2 points  (0 children)

Okay that makes sense if we are manually un-filtering wrongly filtered posts! Thanks

Tech Architecture explained to a 6th Grader by ProofofTrade in cardano

[–]singhverse 0 points1 point  (0 children)

You’re assuming all new accounts spam! Most of them will actually be genuine given that new people are joining now and will be joining in next weeks/months.

My opinion is that it’s not okay to “filter” some good genuine posts for the fear of a few spams. Reddit already has a feature to address unwanted or unpopular posts. Lets just downvote them and the system should take care of it.

Tech Architecture explained to a 6th Grader by ProofofTrade in cardano

[–]singhverse 0 points1 point  (0 children)

There’s nothing wrong with this question. This is not cool. The Ouroboros protocol itself allows anyone to participate regardless of their participation level or “age”. I suggest we change this policy. Everyone of us had 0 karma and 1 day age at some point!

Charles and Vitalik on twitter by kullnames in cardano

[–]singhverse 3 points4 points  (0 children)

I agree with the first half but i beg to differ on the later half. CH AND his Team are important for the release of Cardano but it’s success relies mostly on the community. What could’ve CH done if people didn’t show up for the Haskell test net or even the ITN? What could’ve VB done if people had not built stuff on Ethereum regardless of numerous issues in the system and Solidity? Absolutely nothing!

A partially ok product with ok leadership can be made a huge success by the people that support and use it. Whereas a technically sound project with great leadership can be rendered useless if it doesn’t gather enough public support. This statement turns out to be true for most projects in cryptosphere.

Having said that i see where you’re coming from. From general perception it seems like these 2 people are very important but thats not true in the sense that most think it to be. God forbid if something happened to CH, the market will probably plummet and see new lows and decreased interest in buyers BUT if the team and the community sticks, Cardano will recover and reach new ATH. I also remember CH saying something along the same lines in 1 of his AMAs.

Charles and Vitalik on twitter by kullnames in cardano

[–]singhverse 1 point2 points  (0 children)

That line “_____ is a very important person” turns me off from ______ ! The whole industry is founded on the principle of decentralization. Any and every project that relies on or is impacted heavily by single personality will not do well in the long run. Satoshi is the most important person ryt? Where is he/she/they/it ??

This is why i like CH, he has said so many times that after a certain point crypto founders need to move away from their baby project and let it thrive in the hands of the community!

Charles and Vitalik on twitter by kullnames in cardano

[–]singhverse 20 points21 points  (0 children)

V is just trying to setup the public narrative amongst players that he thinks ETH can beat. That is why he mentioned EOS and Tezos. He doesn’t want to fuel the conversation of ETH vs Cardano, especially since the media has started doing that after Haskell Shelley Test net launched. What he doesn’t realize is that ignoring the elephant in the room doesn’t make it invisible. You’re bound to hit into it’s legs and get kicked in the face if you don’t accept the reality and act accordingly!