Cardano [ADA] Reddit AMA session clears the air about reward sharing schemes as stake pools impend

The Cardano [ADA] team recently conducted an ‘Ask Me Anything’ session on Reddit regarding the reward schemes in their stake pools. The session was conducted by Aggelos Kiayias, Chief Scientist at IOHK, in conjunction with Lars Brünjes, Elias Koutsoupias and Aikaterini-Panagiota Stouka, the co-authors of the paper to implement the reward schemes.

The session was kick-off by user mchapman1989, who asked whether he would be able to stake ADA using a Ledger hardware wallet and Raspberry Pi computer. In response, Kiayias answered to the affirmative, clarifying that staking meant delegating the user’s stake to a pool and receiving rewards from it.

User Jonne33 pitched in as well, stating:

“Once delegated you can put your ada on Ledger or even on a paper wallet. You don’t need to be online after that (ie you don’t need raspberry pi or something). Raspberry Pi can be used initially for accessing your Ada and delegating it via Linux Daedalus client (still in development) or via different…

Read Full Story : AMBCrypto

2018-11-09 06:09:10

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