Proof-of-Stake on Cardano - What is it?

Cardano’s consensus protocol is based on Proof-of-Stake and this leads to the idea of delegating stake to block producers, aka. Stake Pools and the potential to earn a passive income with your ADA. Get the basic understanding of Proof-of-Stake and the ideas driving the design of Cardano. Looking at the reasons why Proof-of-Stake and Staking are important.

If you like the content and want to support the channel you can always send me some Ada ❤️
addr1qyzl4u7c0299h85unkmd4ap2z7mvcyex3kn3ffecjxrwdw32gqhx3vvnf7r92epv3qtjh9rl4qfl33kmgvrdj04h0z3qstlnes

[BTC]: 3GJpGhAHn1ewpiSBonp2JXRxCYmn8XAGYb
[ETH]: 0xdFF5eD012135B0eC71Bc436F90F7fB6A8bE93934

0:00:00 - Channel welcome
0:00:18 - Introduction
0:01:12 - Recap on Blockchains
0:01:45 - Proof-of-Stake vs Proof-of-Work
0:02:37 - What is Ada use for?
0:02:52 - Decentralisation
0:03:10 - Bryon Federation vs Shelley Decentralisation
0:04:07 - What are Epochs
0:04:25 - How Stake Pools produce blocks
0:04:55 - Incentive design for staking
0:06:10 - Review of rewards and delegating
0:06:56 - Summary

Other Resources:

About Cardano:
Cardano is a blockchain network based on proof-of-stake. The vision of Cardano is to be a universal financial operating system to enable broader economic identity and financial inclusion. It is all open-source, and the network is decentralised and public. It does not require lots of electricity or expensive computers to run. To support the operation of the network and incentivise participation Cardano’s native token is ADA. Based on extensive peer-reviewed research and formal methods for correctness, the project has many advanced innovations. The road map includes support for multiple asset types, digital identity, and smart contracts, among other features.

Nothing I state or express should be considered professional investment advice. This channel is for educational purposes only.

#cardano #staking #ADA #crypto

[yumiprotocol]

Many have noted that the music and sounds are really loud. This was my first video and I have more videos in the pipeline coming. I'll be sure to completely take the sounds out and lower the music for sure. Thanks for all the feedback and be on the look out for new content coming soon :)

[mahmoodalnasser]

Amazing Content! Just the music too loud :) Love the channel.

[tepamourunane]

Thanks for highlighting the importance of security in crypto transactions.

[mrfigaro]

Wow, really well done, surprised that there aren't more viewers and subscribers but shyiiit, 1 helluva start! Keep it up

[ward_]

Excellent explanation! Very well presented - look forward to seeing more.

[fawazchickaboom]

Thanks for the deep dive! Reminds me of how Nano has been achieving consensus this way since 2015 while Cardano is only just getting up to speed with this idea.

[stefemen]

Love the video, very well explained.
I would just lower the music and the random sounds, sometimes I coundn't hear you.
Keep the great work

[emokiid]

Kia Ora bro! good to see another brother in the crypto space. I’ve been in for a year now and 90% of my holdings are with cardano! Tumeke my bro!

[RayyanBarakat]

This channel is gonna go the moon when ada does. they sleeping on you bro!! Keep up the content - consistency is key and overnight you're gonna wake up one day and just have a million views. Production quality is A1... Props to you and thank you for the really helpful and clear content damnn

[jaxxcaldwell]

Appreciate it for publishing this! Hoping for some help: My Tron Wallet contains some USDT trx, and I possess the seedphrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. Could you suggest how to proceed with moving them to KuCoin?

[MIRAFENIX]

great video, but music is too loud, english is not my first language so its kind difficult to understand

[KS-qylt]

What is 1000 max groups mean exactly? Thanks

[Mursici]

good video, but the music is so loud, please just remove it entirely next time .

[normangreen]

Topic might be explained well. Unfortunately the background music is much too loud to follow properly. Especially when watching the video in higher speeds, which I usually and also others do.

[GhulamMustafa]

Hey, just subscribed.
I have 1 suggestion and 1 question.

Please turn the music down a notch or even do away? I'd like to listen to you more :

Also, for a newbie and a layman, is Cardano staking more towards earning interest on your asset/money or is it more towards earning "wages" for the "labor" or work done?

Thankyou :)

[chamugas]

Be quiet! I can't hear the music well hahah

[KiLLiEk]

Bro, the music tho.. not to late to turn it down?

[DerekEvan]

Background music is so damn distracted

[alahnomi]

no need for background music we can't understand what you say

[billcruz]

Music was way too loud and distracting. Kill the music.