Biweekly update on Cardano: Daedalus 1.0.0 release securing an A in FCAS rating and launching Phase 2 of Cardano Ambassador Program
Hello all :)
I would like to know, because I started very lately delegation of ADA ... I have delegated my ADA to a pool and since few days, Epoch is now 0 (before it was around 10/11 ADA per day)
As I don't know why and how, is it normal ?
Thanks a lot ! and sorry for my noob question
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Author: Bakyt Azimkanov (Global PR, Communications and Marketing Director, Cardano Foundation)
"ZUG, 30 APRIL 2020. The Cardano Foundation – in line with its mission to grow the global Cardano community – has launched Phase 2 (Rewards) of its flagship Ambassador Program. In a bid to further strengthen the transparency and decentralization of the Cardano ecosystem, the program is being developed to motivate and recognize ambassadors for adding value to the community and enhancing Cardano’s brand.
The Ambassador Program was established in 2018 to promote awareness and educate the wider community to drive the adoption of Cardano for better use cases. Currently, the program includes 58 ambassadors of all ages and professions from 26 countries and territories¹ across the globe, with more individuals qualifying during each review cycle. Cumulatively, existing ambassadors produce content in more than a dozen languages and are fluent in 28 languages.
Phase 2 (Rewards) includes both monetary and non-financial rewards, with the first three months used to further enhance this stage of the Ambassador Program.
Rewards will be made in our native token – ada (₳), named after Ada Lovelace, British mathematical visionary who worked on the Analytical Engine, a mechanical general-purpose computer design.
The newest phase of the program will contribute towards driving the adoption of Cardano through various means: from welcoming the new community members and gathering the current ones, as well as creating and translating relevant content.
Hinrich Pfeifer, General Secretary of the Cardano Foundation, says:
“The growth and commitment of our Ambassadors is nothing short of impressive, with more than 100 individuals applying for the ambassadorship since its launch two years ago. Phase 2 (Rewards) will bring our marquee Ambassador Program to the next level and create a much tighter bond with Cardano. We want to reward contributions, further strengthen engagement and growth of our community. The newest phase of the Ambassador Program will be an important milestone of our community expansion and its future. I thank our Ambassadors for continuously adding value to Cardano, their support of our community and belief in our vision.”
The subsequent development and improvement of the Ambassador Program will be built upon Phase 2 (Rewards) outcomes and bring in more new features and opportunities as the Cardano community grows.
About the Cardano Foundation: The Cardano Foundation is an independent body based in Zug, Switzerland, with core responsibilities to help oversee and supervise the development of Cardano, the world’s first third-generation blockchain, and its ecosystem. The Foundation is committed to protecting and promoting Cardano, the first blockchain platform developed for smart contracts using a scientific philosophy, and to advocate on behalf of the users and community of the protocol. The Foundation works alongside Input Output Hong Kong (IOHK), who are contracted to design and build Cardano, and EMURGO, the for-profit arm working to boost the Cardano ecosystem through commercial ventures. The three entities are wholly separate in governance, ownership and leadership. Find out more: www.CardanoFoundation.org
About the Ambassador Program’s Phase 2 (Rewards): All qualified Cardano ambassadors are eligible for this phase of the program. Phase 2 (Rewards) includes rewards for all ambassador categories—Content Creators, Meetup Organizers, Moderators and Translators—subject to terms and conditions of the program. Each ambassador category has eligibility criteria for monetary rewards that will be reviewed on a regular basis. Phase 2 (Rewards) will be managed and administered by the Cardano Foundation’s Community
¹Argentina, Australia, Belgium, Brazil, Bulgaria, Canada, China, Colombia, Croatia, Czechia, France, Germany, Hong Kong, Italy, Japan, Kazakhstan, South Korea, Mexico, Netherlands, Nigeria, Poland, Portugal, Russia, Spain, United Kingdom, United States"
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EMURGO Education Presents "Foundations of Blockchain" - Learn Blockchain Fundamentals Online From Our Experts
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For installing Daedalus Mainnet, what is the best practice to have the blockchain data stored on a different volume?
With old Daedalus, after it started the initial sync, I shut down and moved ~/Library/Application\ Support/Daedalus/DB-1.0 to the other volume and made a symlink.
Another option seems to be telling the installer to put the entire app on the other volume.
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Hi - GenZod here,
As we all know, Cardano is starting to stretch it’s legs a bit. It’s out on the track, and it appears to be finding it’s rhythm & hitting full-stride. And what a beautiful stride it is! Needless to say, there’s a lot going on with the project right now, but one of the main focuses is on Marketing. Currently, McCann is helping with the cardano.org refresh by revamping and reorganizing the site. In addition, Charles has mentioned there’s a push to update all of the documentation, and it seems as though he’s even increased his video output lately ( updates & AMAs ). In my opinion, all of these pieces / campaigns add up to one thing: “Spread the word, because Shelley IS Coming!”.
With that being said, I think we, the community should help spread the word to the world. Well...what better way than by wearing it? Below is my website, where I’m going to start dedicating more time in making Cardano influenced apparel. If you have the chance, check it out & please let me know if there’s anything particular you may want or would like to see in the future!
** Also, a quick story for you:
I remember the first time I heard about Ethereum… It wasn’t online, and it wasn’t through a friend. It was actually on an airplane. I remember getting on the plane, and the guy next to me had a book with the words “Ethereum” on it. I had no clue what that was at the time, but I assumed it was a sci-fi murder mystery or something. I wasn’t especially in the mood to talk, but I asked him about it. He gave me a brief reply, and we ended up talking about ETH, Bitcoin & crypto for a while… Great conversation! Anyways, long story short.. I fully dove into Cryptocurrencies after that… and one night, I randomly stumbled across a video of a dude standing in front of a white board. And the rest was history.
All this to say, what better way to spread the word / market Cardano than by wearing it, everywhere!? Even if it’s just a conversation starter.
**Also, please do not get me wrong.. my site, theinkwhale.com is a business and all sales will go into keeping up the site and getting better designs & selections for you, the community! This is only the beginning!
Thanks for reading,
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Dear community, I was looking for a Discord or Telegram link with "live" interaction. The TG on the home page is only outbound. And while I love Reddit it is not good for real time collab. The forum on the homepage is also not real time. Sorry if I missed the obvious. Thanks for some referrals.
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I am confused as to why the Daedalus wallet is needed (as great as the release may be). I store them on my atomic wallet iOS wallet. Easy. Fast.
Cardano Community Newsletter for 29/04/2020 ?
Published by the Cardano Community Management Team every two weeks, this newsletter will provide you with news, updates and events about the Cardano project and ecosystem. We have included updates read about all the updates from across the Cardano ecosystem: the Cardano Foundation, EMURGO and IOHK that you'll definitely find interesting!
The main topics are:
- Upcoming: Cardano Monthly Product Management Update for April - 30/04/2020
- IOHK Releases New Daedalus Mainnet Wallet
- IOHK Blog: Merging formal methods and agile development to build Cardano
- Charles Hoskinson Online Whiteboard presentation: “How we will launch Shelley”
- EMURGO Blog: Meet Credmark, a Startup Revolutionizing Credit Data for the Blockchain and Crypto Industry
- Cardano Ambassadors’ AMA with the Satoshi Club community on Telegram
And much more!
(PS: Subscribe to the newsletter on cardano.org)
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Hey everyone. I downloaded the new(ish) mainnet wallet because my last version of Daedalus wallet wouldn't open. Moving through the installation process it identified the wallet file on my computer automatically and synced it, all without a password. I am now able to send and receive ada fully logged into my wallet.
I guess the point is, doesn't this mean that anyone who had access to my computer could essentially bypass my last wallet password by downloading the new one like I just did?
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Over the course of the last few months, various technical issues discouraged me from getting into staking. I realize I am very late to the party, but today, I was finally able to create a working testnet Yoroi wallet and delegate my ADA to a stake pool.
However, when I look at the upcoming rewards on my dashboard, all of the three next epochs are showing "no rewards will be earned on this epoch". Could someone please explain to me why that is?
I know that there is some kind of waiting period after delegating your stake, but I thought that that was only two epochs... Or is the incentivized portion of the incentivised testnet already over?
I'm sorry for making a whole post out of such a simple thing, but I wasn't able to find an answer anywhere. I've been lurking on this subreddit for two years now; I've seen only kind responses to even the most beginner-level questions, so I'm hoping to make use of that now. Cheers.
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The ITN is soon coming to its end (approx. 45 days left) so why not start to stake at the smaller pools and help them create some (extra) blocks... These are the people willing to run the stake pool(s) to help decentralization so let's give them some love that they deserve. Small pools, according to my own definition, are the ones between 0 and 5 million staked ADA. See https://itn.adapools.org/ and https://pooltool.io/. It really doesn't matter that much what the fee is (unless it's something ridiculously high but you'll figure that out yourself :)).
Please note that you should keep staking for a week or so, and not change from epoch to epoch if the blocks are not produced. See some posts below from SUSHI and SKY pools that I liked. Note that I have no association with the operators, it's just that they brought up great posts or examples...
So, with that said, if you're the operator of the small stake pool, let us know why we should stake with you taking the given posts as an example of why we could stake with you.
Anyhow, personally, for the rest of the ITN (6.5 weeks left) I'm going to delegate my stake to a small pool for 7-10 days or so and then change to another small stake pool until the end of the ITN.
I run a pool .. and I can tell you that seeing a zero reward epoch is not at all unusual if the pool has less than 5 million in total ADA staked. This is a frustrating thing for pool owners who can't easily communicate to delegates that their zero day has nothing to do with the pool's operation and everything to do with how blocks are randomly distributed each epoch.
Your rewards will average out over time with the small pools, but most people don't understand this and don't have the patience to wait around for more than a couple days if they don't see their balance increasing.
Stake Pool Performance: The number of blocks produced by the protocol vs. total assigned. Less performant pools lose their blocks thereby increasing the total reward pool for more performant pools.
Looking at the above it quickly becomes evident that the pool’s ROI is shaped primarily by factors outside their control. Block assignment is a random function and depends on the size of the pools stake. Stake ratio depends on the amount of ADA staked with the pool vs. the amount of total stake. While the pool could increase its stake by active advertising it can do nothing about the growth of total stake. Finally, the amount of reward per block is a function of total network performance. In summary, every single factor in ROI calculation is outside their control apart from their own performance.
Special Note About Performance: Cardano protocol allows for assignment of multiple slot leaders. This is to ensure that blocks are produced. When multiple slot leaders produce a block, the network picks one and discards the other. This happens by design and is, again, outside the control of pool operators. This means, no pool will have a perfect track record of 100%. Currently there is no systemic way of identifying these cases. Pool operators find out, after the fact, that their slot was over-allocated as some other pool produces the block they were supposed to produce. So, the actual performance of a pool operator is to be online and create a block when called by the protocol.
Here is another fun fact: As the controlled stake of the pool grows, so will its chances of making a block, but since these block rewards are fixed and are distributed over an increasing stake, the ROI goes down, all else equal.
Below are some of the factors a stakeholder may consider while selecting an optimal pool with good long-term prospects.
Stake Pool Performance: In its most basic form, the stake pool’s performance is the number of blocks produced/number of blocks assigned. Every epoch a stake pool is assigned some number of blocks. That number is proportional to the size of the stake it controls. However, due to the lottery system in place in Cardano ITN, this number isn’t fixed but fluctuates around its expected value. The number of assigned blocks is calculated locally by the pool and isn’t known to the network. When a pool produces less blocks than expected, it could be due to:
(i) bad luck (less blocks were assigned than expected)
(ii) normal forks (a certain number is allowed by the protocol)
(iii) double slot-leader assignment
(iv) protocol bugs (like issue #1580, these affect every pool operator)
(v) poor node availability (directly under the control of a pool operator)
When a stakeholder evaluates the performance of a pool, an important point of distinction is to understand the link between the block production and the block rewards. If the pool produces less blocks due to factors that affect the entire network, stakeholders will not be affected negatively.
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We wanted to let you know that we have upgraded our platform, making it easier for beginners to purchase Cardano. In addition, we have added a coin info page of Cardano in order for our customers to learn more about this great project. Check it out here:
Any feedback would be greatly appreciated!
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The Cardano (ADA) network will perform a scheduled upgrade on Feb. 20 to introduce Ouroboros BFT, an improved consensus mechanism. The update is an intermediate step between the current Byron era and Shelley, which will introduce staking on mainnet.