About Cardano
What is Cardano?
What is Cardano?
What is Cardano?
- Cardano is a Blockchain platform for changemakers, innovators, and visionaries, with the tools and technologies required to create possibility for the many, as well as the few, and bring about positive global change.
- Cardano is built by a decentralized community of scientists, engineers, and thought leaders united in a common purpose: to create a technology platform that will ignite the positive change the world needs.
What is ADA?
What is Cardano?
What is Cardano?
- ADA is the native token of Cardano. It is named after Ada Lovelace: a 19th-century mathematician who is recognized as the first computer programmer, and is the daughter of the poet Lord Byron.
- ADA is a digital currency. Any user, located anywhere in the world, can use ADA as a secure exchange of value – without requiring a third party to mediate the exchange. Every transaction is permanently, securely, and transparently recorded on the Cardano Blockchain.
- ADA hodlers also holds a stake in the Cardano network. ADA stored in a wallet can be delegated to a stake pool to Earn Rewards.
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What is Staking?
What is Cardano?
What is Staking?
- Staking is the act of locking cryptocurrencies in order to support security and operations of the blockchain and receive rewards for that.
- ADA held on the Cardano network represents a stake in the network and gives the ability to delegate your ADA.
- Passive income can be achieved in 2 ways:
- Easy Way- Delegating your ADA to a stake pool.The rewards are shared between everyone who delegated their stake (ADA).
- Advanced Way - running your own stake pool. This require server administration skills + operational knowledge of how to run and maintain a Cardano node on a 24/7/365 basis and specific hardware.
Server Information
DMGpool
RUN: 24/7/365
Maintenance: Daily Maintenance & Observation
Network: 1000M Full Duplex FTTH, 10ms Latency
Protection: Double Firewall
OS: Ubuntu 20.04 LTS
Location: UK
Pool ID: 6698ec8b182b44122acaf57dfcee1d3e92669512f9329dd0cca60090
Ticker: DMG
History Log
2/08/2020
- Server Registration
- Version 1.18.0
23/08/2020
- Upgrade to Version 1.19.0
- 1st Minted Block
29/08/2020
- First Rewards Paid
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