Community

Stake pools

A stake pool is a network node holding the combined ada ('stake') of several delegators. Stake pools yield rewards to those ada holders who choose to delegate their ada to them. Stake pools are used to ensure that everyone can participate in the Cardano Blockchain, regardless of technical experience or availability to keep a node running. These stake pools focus on maintenance and hold the combined stake of various stakeholders in a single entity. Stake pools are responsible for processing transactions that will be placed in the ledger, as well as producing new blocks. 

Stake pools can be public or private. Any Cardano user can delegate ada to public pools. Private stake pools, however, only deliver rewards to their owners.

Visit this page for more information about stake pools.

Educational initiatives

Education is central to the Cardano mission. That’s why IOG, the Cardano Foundation, Emurgo and other Cadano participants are all committed to upskilling developers to build on Cardano blockchain. 

Through this education outreach, the Cardano community is being equipped with the essential skills they need to build on Cardano. An empowered community means a stronger ecosystem.

During 2021, IOG launched the Plutus Pioneer and Atala Pioneer programs. Together, these programs saw over 3,500 participants trained on Plutus and Atala and were very well received amongst the community. A Marlowe Pioneer Program will launch mid 2022.

Earlier in 2022, IOG launched the IOG Academy, a library of educational videos and materials covering Haskell, Plutus, and Marlowe.

IOG also recently established a partnership with the European Business University of Luxembourg (EBU), with the goal of making education accessible for everyone in developing countries. EBU has so far rolled out courses on Haskell and Plutus.

Also, IOG works with a number of universities worldwide.

NFTs

The implementation of the native tokens feature enabled the creation of non-fungible tokens (NFTs) on Cardano.

The native tokens feature extends the existing accounting infrastructure defined in the ledger model (originally designed for processing ada-only transactions) to accommodate transactions using a range of assets.

Native support offers distinct advantages for developers: there is no need to create smart contracts to handle custom tokens, for example, which removes a layer of added complexity and potential for manual errors since the ledger handles all token-related functionality.

Due in part to the ease of creation and low minting costs, the NFT space has rapidly grown to be one of the most vibrant and creative elements of the early Cardano ecosystem, with over 400 projects and NFT marketplaces launched and live by early 2022. As of late March, 2022, over 4 million NFTs have minted on Cardano.

Cardano non-fungible tokens (CNFT) marketplace

The Cardano non-fungible tokens (CNFT) is a community created- and led- marketplace for NFTs built on Cardano.

Launched in 2021 by a multi-national team of NFT creators, the site became the first marketplace for all Cardano NFTs.