Cardano Staking

What is staking

Decentralization is about distributing power between entities to avoid single points of failure. Staking is a way how to distribute consensus power proportionally based on ADA holdings. You can consider it as an improvement of PoW where only pools and miners are responsible for making consensus. While in PoW, the distribution of consensus power is based on external resources like electricity, in PoS, the distribution…

--

--

--

Proud Cardano ambassadors Jaromir Tesar & Lukas Barta. Operators of Cardanians pool with ticker #CRDNS — stake with us! https://cardanians.io/en/pools

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Zecrey: Cutting Edge Holistic Privacy based cross-chain protocol raises $4 million in an angel…

NFTs Representing Assets and Services

Contracts can be smarter on Cardano

What Value Base for Information Currency?

GNY: Machine Learning on the Blockchain.

Creator Marketplace in Web3

SAVE THE ECONOMIC NATION

Oracles in the Cardano ecosystem

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Cardanians.io (CRDNS pool)

Cardanians.io (CRDNS pool)

Proud Cardano ambassadors Jaromir Tesar & Lukas Barta. Operators of Cardanians pool with ticker #CRDNS — stake with us! https://cardanians.io/en/pools

More from Medium

Cardano SPO Column #047: Reservoir Node [RSV]

Maladex — The next generation DEX on Cardano

Cardano Community Bullish On Upcoming Vasil Hardfork As ADA Leads Crypto Majors After A 29% Jump

Iagon partners with ADA Handle