My name is Libert and I decided to contribute with my servers and join the Cardano network because I truly believe in the power of decentralization and in the positive impact of the Cardano project in the near future. With my years of experience running servers, automating repetitive tasks, and writing software I have put together a reliable infrastructure with the power of Cloud Computing and Open-source software. My relay servers are replicated in the East and West coast of the United States to guarantee full availability to delegators.
Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods
ADA(₳) Is The Native Token Of Cardano
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.
You can buy or sell ada for fiat or other cryptocurrencies using cryptocurrency exchanges like coinbase
A cryptocurrency wallet is a software program designed to store your public and private keys, send and receive digital currencies, monitor your balance, and interact with supported blockchains.
Cryptocurrencies are volatile. The value of cryptocurrencies goes through extreme ups and downs.
Stake pools are run by stake pool operators. These are network participants with the skills to reliably ensure consistent uptime of a node, which is essential in ensuring the success of the Ouroboros protocol and the Cardano network as a whole.
Ada held on the Cardano network represents a stake in the network, with the size of the stake proportional to the amount of ada held. The ability to delegate or pledge a stake is fundamental to how Cardano works.
There are two ways an ada holder can earn rewards: by delegating their stake to a stake pool run by someone else, or running their own stake pool.
Delegation is the process by which ada holders delegate the stake associated with their ada to a stake pool. It allows ada holders that do not have the skills or desire to run a node to participate in the network and be rewarded in proportion to the amount of stake delegated
Shelley Daedalus features a list of all participating stake pools directly via the UI, while Yoroi shows the same information via their Seiza blockchain explorer. These pools are ranked and color-coded to help stakeholders make the best decision about where to delegate their stake.
Stake pools are ranked mainly through a combination of their desirability and performance, in addition to other factors.
CARDANO aims to solve problems that other cryptocurrencies like ETH are facing (Scalability, Staking, etc) plus the CARDANO network is energy friendly compared with Bitcoin and ETH.
I wanted to contribute to the CARDANO network and I figure that the best way to do it (aside from buying and staking ADA) is by launching my own nodes and participate in the network.
Time and lots of patience, and willingness to contribute to the CARDANO project. As for the technical side, you need experience running and managing Linux servers. Also, you need 500 ADA to register your Stake pool, 2 ADA to register your key, and some extra ADA as a pledge (the more the better).
You can stake your ADA with my pool by looking at my pool Tiker LIBUS or by looking my Stake pool id in your wallet: 27451ce86ae5e8599a8c59b642493e9e9cca5759bd4d60019f2dc45d