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What is the Plutus Pioneer program?

Morgan
Smart ContractsProgramming+ 3
The Plutus Pioneer program is a scheme to recruit and train developers to write smart contracts in Plutus on Cardano. Recruits are given access to courses about the principles of coding in both Haskell and Plutus. The course is highly interactive, with weekly videos, exercises, and Q\&A sessions, along with exclusive access to Plutus creators and experts. Th...
0 up votes and 0 down votes. Total score

What is the Marlowe Playground?

Morgan
MarloweSmart Contracts+ 2
Marlowe Playground is a testing platform where you can experiment with Marlowe contracts, including their development, simulation, and testing. Marlowe contracts can be written in Javascript or Haskell.
0 up votes and 0 down votes. Total score

Should I get a hardware wallet?

OYSTR Pool - Cardano Stake Pool Wales
Hardware walletCold wallet+ 5
If you're wondering whether you need a hardware wallet, the answer is probably yes. If you have an amount of cryptocurrency that you worry about losing, you should probably get one. Using a Cardano wallet interface such as Yoroi, Daedalus, Flint, Eternl, etc. without a hardware wallet means that the cryptographic keys to your on-chain wallet are stored on y...
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What happens when I move to a new stake pool? Will I lose rewards?

OYSTR Pool - Cardano Stake Pool Wales
StakingStake pool+ 2
The switchover is seamless when you move from one stake pool to another and you will continue to receive staking rewards from your current pool until you start receiving rewards from your new stake pool. Every 5 days there is a stake snapshot on the boundary of each epoch. Your staked ada will be active in your new stake pool after two epoch boundaries and y...
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My light wallet is showing an incorrect balance or says I'm not delegated to a Stake Pool

OYSTR Pool - Cardano Stake Pool Wales
Cardanolight wallet+ 4
Cardano light wallets such as Yoroi, Eternl, Flint, Typhon, and others rely on servers to keep the blockchain information up to date. If you notice incorrect balances in your wallets, if your wallet says you are not delegated to a stake pool, or if you have some other issue, it may just be that the servers behind the wallet are experiencing sync issues. Thi...
0 up votes and 0 down votes. Total score

What is a spending password and what should I do if I've forgotten it?

OYSTR Pool - Cardano Stake Pool Wales
passwordHot wallet+ 1
When setting up your hot wallet, i.e. a wallet that is not using a hardware wallet, you are prompted to choose a spending password. This spending password is used to encrypt your wallet keys which are stored on your device. Your spending password is the only thing protecting the keys to your wallet so it's important that you choose a secure password. If you...
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I've lost the seed or recovery phrase for my wallet, what can I do?

OYSTR Pool - Cardano Stake Pool Wales
seedphrase+ 4
Your seed phrase is the list of words, normally 15 or 24, that you are prompted to write down when you create a wallet using a wallet interface such as Eternl, Yoroi, Daedalus, Flint etc. This list of words should be stored very securely, preferably in more than one location, on paper or maybe even punched into a metal sheet and stored in a secret location. ...
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How can I delegate to more than one Stake Pool?

OYSTR Pool - Cardano Stake Pool Wales
WalletDelegation
There are a a few reasons you may want to split your ada delegation between multiple stake pools. For example, to participate in multiple ISPOs, or you feel ethically aligned with more than one stake pool. Currently there are two ways you can split your delegation. Create new wallets This option is pretty straightforward and you will be familiar with this ...
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Is my ada safe when staking?

OYSTR Pool - Cardano Stake Pool Wales
StakingLiquid Staking+ 3
This is a common question from people who are new to Cardano, who are familiar with staking on other blockchains, or who are moving their funds from an exchange to a self-custodial wallet such as Daedalus, Eternl, Flint, Typhon, Yoroi, and others. As Cardano is a proof of stake (PoS) blockchain, it relies on holders delegating their ada to stake pools to s...
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When should I withdraw my staking rewards?

OYSTR Pool - Cardano Stake Pool Wales
StakingRewards
Staking rewards left in the rewards section of your wallet count towards your total balance staked. They therefore automatically compound without the need to withdraw them to the main part of your wallet. Each time you withdraw your staking rewards you will pay a transaction fee, which at the time of writing this is around 0.17 ada. This might not seem like ...
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What is an ISPO & what are the different types of ISPO?

OYSTR Pool - Cardano Stake Pool Wales
ISPOSPO+ 4
ISPO is an acronym for Initial Stake Pool Offering. There are two main types but in both cases they enable projects that are building on Cardano to distribute their tokens to stake pool delegators. The tokens that are distributed generally have some sort of utility such as governance privileges in the project. The tokens can be held by the delegator for the ...
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How do I move all of my ₳ to a new wallet and claim my 2 ₳ stake key deposit?

OYSTR Pool - Cardano Stake Pool Wales
WalletStaking+ 3
There are many reasons you may want to move your ₳ to a new wallet, for example you may have just bought a hardware wallet to better secure your ₳ or your seed phrase may have become compromised. If you unstake (or deregister your stake key) to claim back the 2 ₳ stake key deposit you will loose any pending rewards for the current and previous epoch. You wi...
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What is a blockchain?

Olga Hryniuk
blockchain
A blockchain, also known as a distributed ledger, is a digital ‘book’ of records. Unlike traditional financial systems, blockchains are decentralized and are not regulated by any central authority. In a blockchain, nodes (people's computers) agree on the validity of any given transaction using what is called a consensus mechanism. Transactions are grouped to...
4 up votes and 0 down votes. Total score

Is ada a coin or a token?

Olga Hryniuk
ada
Both coins and tokens represent a unit of cryptocurrency on a blockchain. Yet there is a difference between the two – a ‘coin’ has its own native blockchain whereas a ‘token’ is created on an existing blockchain.  Ada (‘Ticker: ADA’) is the native cryptocurrency on Cardano and is the only currency used on Cardano to pay fees, make deposits and distribute re...
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Why is Cardano called ‘the green blockchain’?

Olga Hryniuk
CardanoProof of stake+ 1
People say Cardano is ‘green’ because it is a proof-of-stake blockchain that uses little energy and runs on basic hardware. Proof-of-work blockchains are more energy-intensive and generate large amounts of hardware waste.
1 up votes and 0 down votes. Total score

What is Cardano's monetary policy?

Cexplorer.io
monetaryCardano+ 2
Cardano's monetary policy addresses two issues: The necessity to offer rewards for people who participate in the network Funding the treasury Rewards The expansion and future improvement of the Cardano blockchain will be greatly influenced by its community, who need to be incentivized through rewards to participate in Cardano’s development. Staking rewa...
1 up votes and 0 down votes. Total score

What other wallets support staking?

Olga Hryniuk
StakingWallet
You can stake your ADA by using Daedalus or Yoroi wallets, products created by founding entities IOG and Emurgo respectively. You can also choose from a growing range of other wallets, including: Flint Nami Gero Exodus Adalite Typhon Eternl NuFi Hardware wallets Ledger and Trezor can also be used. Note that some of them won't let you choose the poo...
6 up votes and 0 down votes. Total score

What is EUTXO?

Morgan
ProgrammingFAQ+ 1
EUTXO stands for Extended UTXO model. Cardano's EUTXO combines and matures Bitcoin's security and Ethereum's programmability. This model is vastly superior to the account-based model used by other blockchains because it ensures: Enhanced security: every transaction uses a different address, which makes it impossible to track the address or find out the user...
5 up votes and 0 down votes. Total score

What is the Cardano network?

Olga Hryniuk
Networking
The Cardano network is a technical infrastructure combining Cardano nodes and their relative interactions in one unified system. It consists of a collection of nodes that communicate with each other to maintain the distributed ledger. These nodes validate blocks, add blocks to the chain, and distribute transactions. The networking layer is the driving force...
1 up votes and 0 down votes. Total score

What is a cryptocurrency?

Olga Hryniuk
Cryptocurrency
A cryptocurrency is a digital asset, which is stored on the ledger and is designed to serve as a medium of exchange for goods or services. It is otherwise called crypto. Blockchain ledgers serve as the underlying technology for cryptocurrency creation in a decentralized environment. Blockchain protocols use rigorous cryptography techniques to enable the min...
2 up votes and 0 down votes. Total score
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