How you can start making passive income with your ADA coins. Let’s check first what is staking.
Staking is the way of earning rewards for holding certain cryptocurrencies. Specifically proof of stake cryptos. Like ada.
Not proof of work cryptos like Bitcoin. With proof of stake, you’re literally putting your currency to work for you, and it’s making you money.
The difference between proof of stake and proof of work;
Most cryptocurrencies are decentralized at least they should be, which means there’s no central authority. …
Alonzo has officially done the update. With this update, smart contract capabilities are coming to Cardano.
Developers can now launch a host of new projects and applications on the network, such as decentralized finance (defi) platforms, non-fungible tokens (nfts), and stablecoins.
It means that Cardano ecosystem is growing. Not like before. Growth is faster. There will be thousands of dapps, dexs, oracles, wallets.
In this article, we will check top wallets, which are completely decentralised ways to store and own your coins, offering you full ownership and control.
So that means no centralised exchange in the middle actually owning your coins and staking them out through their various methods.
Many wallets support the staking of various cryptos directly on the blockchain, so you’ll have full control over this, and you can even choose which validators to give your coins to.
Depending on which coin you want, you’ll have to download a wallet that supports that coin and staking of that coin and then…
Proof of stake cryptos have staking rewards. Which mean they pay a reward of more coins for staking their crypto.
We’re going to go through the best centralised and decentralised ways to stake your coins and earn those new coins in this article.
Firstly what’s the difference between staking on an exchange versus in a decentralised wallet.
Well, the major difference between the two is when you stake through an exchange, you’re essentially transferring the ownership of your coins to the exchange while they’re being staked.
The risks of your account getting compromised are also higher in exchange than in…
I’ve been bullish on Solana. Which is not the altcoin we’ll be talking about in this article since three dollars. Now I’m watching something else which the founders described as one of the most ambitious projects in the world.
Some of my favourite things about sol in the early days were that I mean initially, it just fitted a popular narrative in the market.
Cardano has got dapps, wallets, games, swap protocols, lending protocols, and NFTs. All are coming to Cardano right now.
We have the opportunity to get in at the very beginning. So here are the best projects that have the potential to grow massively over the coming months as they launch and attract new users to Cardano.
In this article, you will find an explanation of Uniswap V1, V2 and lasted one V3 so that you can understand how it works. It is very technical but very powerful.
It allows traders on the Ethereum network to use a new system of trading called an AMM to allow traders to trade with a pool of money at any point in time with very low fees.
Thus, they could theoretically trade for an infinite amount of coins.
How does all this trading happen? Uniswap was created using smart contracts, basically pieces of code that work on the blockchain and…
Dont miss this, Smart Contracts and All comes to Cardano. It means you can be rich enough.
Right now with the global crypto market cap is sitting right around 2.1 trillion dollars. So we’re seeing a lot of coins in the green.
Bitcoin Ethereum Cardano binance coin almost everything is in the green. Just slightly today, but the biggest gainers are with Cardano, which is up almost 14,% and Solana, which is up nearly 10%.