See Also
ELI5 Cardano Staking & Basic FAQ
In this article we look at the very basics of Cardano staking. If you’ve got any experience whatsoever with other Proof of Stake coins, then you probably don’t need to read this intro. Although cryptocurrency staking is a complex process, readers need zero previous knowledge in order to understand this text. Cryptocurrencies work in a […]
How do I stake Cardano?
Cardano ADA will begin its fully decentralized operation later in 2018 when the Shelley update is released. Once the Cardano blockchain goes distributed, it’ll allow users to participate in staking pools and earn proportional slot rewards (Cardano works in slots, not blocks). Our calculations of potential staking rewards aren’t very optimistic but as some have […]
ELI5 Proof of Stake (PoS) – How does PoS work?
In the cryptocurrency universe, Proof of Stake (PoS) is one of the most popular alternatives to the Proof of Work (PoW) family of consensus mechanisms. While PoW systems invest large amounts of energy to make sure transactions are legit, PoS does not require mining hardware. Proof of Stake “miners” (stakers) must lock a financial stake […]
What is “formal verification” of cryptocurrency software?
You may have heard that Cardano ADA is aiming for formal verification of its core software. What does it mean for software programs to be formally verified? Why is it important for cryptocurrencies? In this article we take a quick and superficial look at formal verification and why it may be desirable in the future […]