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But the main concern with staking pools is that they may make the staking market It is too centralized. However, we have made some efforts to reduce the likelihood of this problem. For example, there are features of the protocol that make running small or multi-party-operated staking pools more difficult. Security and simplicity, so participants do not need to trust any single operator (thus reducing the risk of centralization)
Publicly available information shows that Cardano is a decentralized and open-source blockchain project launched in 2015 to Providing more advanced functionality than any protocol previously developed, its founder, Charles Hoskinson, was the founder of One of the 8 co-founders of Ethereum. Currently, it is mainly driven by the Cardano Foundation, development team IOHK, and investment startup Emurgo Cardano Project Development. (Note: Emurgo primarily by assisting commercial enterprises in setting up the Cardano blockchain)
According to the official IOHK of ADA, Cardano has successfully launched the Shelley Incentive Test on December 14. Net. Shelley Incentive Testing Net, which is used to test the effectiveness of the Staking mechanism.
A number of digital asset service platforms and mining pools have launched their own Staking services, and BitMax (BTMX. COM), an exchange that leads the industry in product innovation, has also aimed at the timing, combining the advantages of leveraged trading and a full position model Staking layouts begin.
So we think that on ethereum 2.0, people still need the services provided by professional verification nodes. By lowering the staking threshold, we want to make staking on ethereum 2.0 more accessible to retail coin holders. Friendly to increase overall engagement
Hoskinson was also perplexed that the only time Buterin spent time discussing Cardano was in on Reddit, and it wasn't very productive. However, Buterin avoids discussing Cardano in the academic press.Hoskinson compares the Buterin's style of interaction with Elon Musk
Cardano's founder: "I don't want to be called the co-founder of Ethereum anymore. Charles Hoskinson, founder of Cardano and co-founder of Ethereum, tweeted, " Someday, the cryptocurrency press will stop referring to me as the co-founder of Ethereum and will only mention Cardano, and that will be A very good day. In my entire life, there is no project or endeavor I am more proud of than Cardano."
Unlike the PoW mining market, where there are many giants and high asset thresholds, Staking is dominated by mining pools, node service providers, wallets, etc. It is considered a "new blue ocean", but also a great opportunity to share the mining bonuses. They have played a combination of high yield and low risk to attract users, so that last year's Staking users, so far. Is it a profit or a loss on a fiat currency basis?
bitfish's roots in the blockchain ecosystem originate in mining pools, and plans to build a new one by staking pools and staking service to make a similar contribution to the PoS domain as in the PoW domain. Along this line, we want to experiment with how to run multiple nodes. We are very interested in the rules published by GoS and how to participate, and running multiple nodes is allowed by GoS rules (later we will (detailed explanation)
PAData analyzed five exchanges, five lending products (DeFi-like DApps), five wallets and five mining pools and After the launch of all the financial products found that the exchange's current financial products are mainly deposit coins with interest from the bar trade Below-average returns; Wallet is the portal that offers the largest number of financial products, covering Deposit Money, Staking, Funds and options and other types of derivatives, with Staking generating higher returns; the PoS mining pool expanded less than expected. Staking earnings close to wallets; DeFi lending assets are dominated by stable currencies, with volatile earnings
It's also true that incentivizing the test network isn't just for technical participants. cardano takes a snapshot at some point in the main network and uses that Point in time account situation opens test net for Shelley phase of staking, participants in test It is possible to get more staking rewards than the network incremental rate as the main incentive. Not only the staking pool, but also any token delegate can participate in the test and get rewarded!
For example, in ATOM's Staking, Huobi Wallet and HashQuark operate the Node voting weights are both higher than Everstake, but the latter provides a higher benefit to users. Similarly with XTZ's Staking, Everstake has a higher voting weight than stake. This is more pronounced in IRIS's Staking. HashQuark carries far more voting weight than take.fish, but again, the latter provides users with the same benefits higher
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