Surprise AMA 08/30/2020
source https://www.youtube.com/watch?v=lIz3GnCHbOc
Posts
Choosing a stake pool and delegating your ada
(Written by Elliot Hill of the Cardano Foundation) When delegation and staking launched with the delivery of Shelley , we released a short ‘ staking for beginners ’ article to guide you through the process of delegating your ada to a stake pool. Now, a few epochs later, staking rewards are being paid out, and you should have a decent idea of the rewards percentage that you are receiving from your chosen stake pool. However, delegation is a dynamic process. There is no need to delegate all of your ada to one stake pool forever and never explore other pools. At the same time, there are opportunities to delegate your ada to multiple stake pools from different Daedalus wallet addresses if you wish to experiment with pool allocation. Here, we will explore some of the key concepts of delegating your stake, and discover the relationship between stake pool fees, staking rewards, and pool saturation. We will also discuss some of the trade-offs between delegating to one or multiple pool...
Process for Decision Making and Innovation for ETC
source https://www.youtube.com/watch?v=F0lR_u7BVho
Consensus on Cardano vs. other blockchains
(Written by Elliot Hill of the Cardano Foundation) Consensus mechanisms are essential for all parties to agree on a single immutable history of a blockchain, to mint new blocks, and to maintain the protocol as a whole. The two main methods of consensus used today are based on proof of work (PoW) or proof of stake (PoS) mechanisms, which have influenced many other types of similar consensus methods. Here, following the successful hard fork of Cardano to a PoS blockchain, we deep-dive into the history of consensus mechanisms, their limitations, and how Cardano solves some of the most pertinent consensus issues through Ouroboros — the most technically advanced PoS algorithm to date. We will also examine how Cardano’s approach to consensus makes smart contracts and decentralized applications (DApp) more secure than ever. Proof of Work (PoW) Proof of work was first implemented in blockchain as we know it today through Bitcoin in 2008 . However, it’s foundations ...
Delegation Portfolios and Hardware Updates for Cardano
source https://www.youtube.com/watch?v=D4Ucaf8clbg
Blockchain can futureproof the financial services industry
This story originally appeared in British financial newspaper City A.M. Written by Hinrich Pfeifer, General Secretary of the Cardano Foundation Artwork by @adatainment How can blockchain technology transform the financial service sector at a time of turbo-charged pace of innovation? The last decade has been defined by unprecedented technological change, most notably through the widespread adoption of smartphones and an ever-increasing reliance on digital financial services. Throughout this time, shifting client needs and new generations of digital natives have forced legacy financial services providers to rethink the way they offer services; facing pressure to compete with neo-banking providers, whilst struggling to stay competitive in a challenging financial landscape. Yet, despite more challenges than ever before, there is a powerful tool that financial service providers can wield to keep pace in this rapidly shifting age of digitisation — blockchain technology. Emerging at ...
Blockchains of today versus blockchains of tomorrow
(Written by Elliot Hill of the Cardano Foundation) When Satoshi Nakamoto first described Bitcoin in his famous 2008 whitepaper , it set forth a revolutionary new way to move and transact value peer-to-peer, one which transcended international borders and maintained low fees irrespective of the value of a transaction. However, Bitcoin — still the largest cryptocurrency today by market capitalization — is at its core a fairly simple and limited blockchain in terms of utility, despite its clear usefulness as digital cash. In fact, since Bitcoin’s launch over a decade ago, there have been multiple iterations of blockchain technology, some of which impart much greater utility than a simple value layer. Blockchains are often described as belonging to a ‘generation’ based on how old they are, and their improvement over older blockchains. For example, Bitcoin is widely regarded as a ‘first-generation’ blockchain, a simple ledger for transferring value. Ethereum, on the other hand, i...