12
votes
Accepted
Why is PoS much faster than PoW?
I would not say that PoS is faster per se, but you have to carefully balance PoW challenges in order to avoid single entities or groups to dominate the blockchain with huge computing powers. This ...
- 373
11
votes
How secure is Ouroboros Proof of Stake compared to Bitcoin Proof of Work?
Initially, consensus protocols using Proof of Stake for sybil resistance faced several technical problems that needed to be addressed in order to provide sufficient security properties in a trustless ...
- 756
8
votes
Accepted
How is new ADA created?
All ADA has already been minted. Technically it was all minted in the first block. The stake pool payouts come from the reserves and transaction fees.
- 1,754
6
votes
Is it possible that an honest validator node gets penalised in Cardano's POS scheme?
Punishment is only indirect like Marek already wrote. Nevertheless, I would like to take the thought a little further: A node that, for example, is not online at the time it should be (to create the ...
- 1,072
6
votes
Accepted
Is it possible that an honest validator node gets penalised in Cardano's POS scheme?
Cardano does not applies slashing (negative incentive) as it's reward scheme allow to maintain necessary security with it.
The only penalty is the rewards the stake pool operator and its delegators ...
- 7,279
5
votes
Where can I find formal work comparing PoS and PoW models?
There are many variations on proof of work and proof of stake. It is unlikely that there will be a formal comparison of these broad concepts.
The closest you are likely to find are informal ...
- 1,795
5
votes
How can I receive, earn or stake Cardano without buying it on an exchange first?
Offer a service which people with ADA are willing to pay for.
- 220
3
votes
Accepted
Can temporary forking occur in Cardano's protocol?
That's incorrect. The ouroboros praos protocol is based on random distribution, and there's still a low probability of multiple pools being assigned the same slot. With as many slots as there are, ...
- 2,847
3
votes
How can I receive, earn or stake Cardano without buying it on an exchange first?
Cardano is a Proof-of-Stake system. The only way to get staking rewards is to own ADA and to stake it.
Given the lack of traditional mining in the Cardano ecosystem, is there an alternative way to ...
- 2,613
3
votes
Why Ouroboros Chronos and Proof-of-History need synchronization of time?
Having an internal clock greatly reduces the overhead for block propagation, as it would allow for a more forward, almost "UDP"-like, block stream. Nodes are then able to order blocks ...
- 3,699
3
votes
Is there a publicly available Cardano API with pre-indexed blockchain data?
Yes, have a look at blockfrost.io an API as a service that allows users to interact with the Cardano blockchain and parts of its ecosystem.
- 7,279
3
votes
Strongest arguments against self-referentiality in PoS
I think the issues with this argument are actually pretty simple. He is wrong for the case of Cardano because people with coin get tickets to the lottery to decide who gets to create the next block. ...
3
votes
Accepted
What is the exact implementation of proof of stake in Cardano?
You might want start by checking out the documentation library. Go here and search on page for "Ouroboros".
- 701
3
votes
Difference between staked and delegated tokens?
Stake
Your ADA is your stake in the Cardano network. You can do different things with this stake. The most prominent use case is for sure delegating it to a stake pool to secure the network. But you ...
- 3,668
3
votes
Accepted
May I lose my coins when staking in Exodus wallet?
As you can see on the everstake website they have a pool called EVE1. This is a normal Cardano stake pool. You can see some details about this pool on adapools.org (or any other site that provides a ...
- 3,668
2
votes
Where can I find formal work comparing PoS and PoW models?
I don't think this is by any means a complete answer however I know that IOG has a number of papers going into the formal properties of various consensus algorithms. Here are some papers that do ...
- 351
2
votes
Where can I find formal work comparing PoS and PoW models?
This article contains some references to more "technical" papers, although I agree with the general view that a more formal comparison is required:
Consensus Mechanisms Explained: PoW vs. ...
- 121
2
votes
How are the key parameters that control Cardano governed?
The parameters are controlled by IOG currently. There are a number of keys that govern update proposals. Update proposals are special certificates posted to the chain that can change the parameters. ...
- 1,254
2
votes
Why Ouroboros Chronos and Proof-of-History need synchronization of time?
In classic PoS there was a block "drift" consensus element that was needed to help properly order blocks.
A block-chain can be viewed as a set of sequential time-stamps moving from the past ...
- 327
2
votes
Is there a publicly available Cardano API with pre-indexed blockchain data?
Alternatively you can also try a community driven project https://dandelion.link/
- 33
2
votes
Can temporary forking occur in Cardano's protocol?
Cardano is a permissionless public blockchain with a fully dynamic validator set, which means that the validators/miners can join/leave the network at any time. Much like Bitcoin and Ethereum, this ...
- 3,699
1
vote
Accepted
Block Propagation
As explained in the Guild Operator's gLiveView section, served is:
served blocks counts how many blocks were fetched by "in" peers. If this does not increase for a long time, it means the &...
- 3,699
1
vote
Is a block winning a height battle with a 43 second prop time a potential form of MEV?
Here's a very good article about slot battles, but in short, prop time is not a factor in winning or losing...
https://www.beaver-stake-pool.net/post/slot-battles-height-battles-and-orphaned-blocks
- 423
1
vote
Strongest arguments against self-referentiality in PoS
I came across this argument as well and thought it looks a bit constructed. In a PoW system, the people with processing power decide which transactions are correct. In a PoS system, it is those with ...
- 1,521
1
vote
What is the best/recommended OS to run a stake pool?
I am a Windows expert since 3.0 (1988), and Linux/Unix almost as long. I am proficient in Windows 2019 and 10. Although there is a Windows solution for running a Cardano stake pool, I would not ...
- 142
1
vote
What is the best/recommended OS to run a stake pool?
On ARM hardware such as a Raspberry Pi 4B, I highly recommend this Alpine Linux setup written about by some members of the Armada Alliance of SPOs. It does a great job running Cardano static binaries ...
1
vote
Does ADA have any credit features built into it?
Celcius has already committed to integrating Cardano's ADA, which will let you borrow against your ADA for USD or a stable coin. I don't have a timeline when ADA will be implemented, my guess is after ...
- 11
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