[Pool Update] Epoch 256

Hey people,

Today short and sweet and only the most important information: Welcome to pool update epoch 256

Cardano360 – March 2021

I know I know, I already talked about this in the last two updates… But seriously, if you missed it: Take some time, sit back, relax and watch the Cardano360 – March 2021 Edition:

Performance for 255

|======================================================================================|
| Leader | Ideal | Luck    | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
|======================================================================================|
| 55     | 52.91 | 103.95% | 53      | 53        | 0      | 1       | 1      | 0       |
|======================================================================================

In 255 we were looking for 55 assigned slots and we produced all the 55 blocks but only 53 blocks were finally adopted, which leaves us a bit over 100% luck. One block was stolen by another pool due to a slot battle and the ghosted block was again due to bad propagation times of another Pool. I already explained, why this happens in the pool update for epoch 254, if you are interested you can read about it here: [Pool Update] Epoch 254

Assigned Slots for 256

|======================================================================================|
| Leader | Ideal | Luck    | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
|======================================================================================|
| 62     | 56.05 | 110.62% | 0       | 0         | 0      | 0       | 0      | 0       |
|======================================================================================|

For epoch 256 we were assigned 62 slots, which would be a luck of ~110%. But as the last epochs showed we will most likely lose some blocks due to slot battles or other problems we can not influence at all.

Big thank you to everyone reading this, as well as to my loyal delegators! Contact me if you have any questions (the fastest way would be via telegram; all links down in the footer).

That’s all for today, talk to you soon! πŸ™‚

[Pool Update] Epoch 255

Hey people,

Welcome to the pool update for epoch 255. Not too much to report this epoch but let’s just start.

Coinbase

We already talked about the Coinbase Pro listing last Epoch Update. A little later, as we already suspected, Cardano was also listed on the standard Coinbase platform:

Upcoming Crowdcasts

I know I already told you this last epoch, but those crowdcasts are great every time and I don’t get tired recommending them to you πŸ˜‰

Cardano, The Research-First Blockchain

Cardano360 March edition – monthly Cardano update!

Performance for 254

|======================================================================================|
| Leader | Ideal | Luck    | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
|======================================================================================|
| 45     | 44.14 | 101.95% | 41      | 41        | 0      | 1       | 3      | 0       |
|======================================================================================|

I was not really satisfied with this epoch. We produced 45 blocks out of 45 assigned, but only 41 of them made it to the chain, which in the end equals to 93% luck. Let’s briefly talk about why those blocks did not make it to the chain:

The three stolen blocks all happened due to slot battles with other pools which can happen if two pools are assigned to produce a block for the same slot. Those slot battles are decided by chance and there is no way to influence this.

More interesting is the ghosted block. I basically already mentioned it in the last pool update and told you that this will happen: That slot was within the impact time of the 48h bug (2021-03-18 21:45:52 UTC), which means that our produced block can not make it to the chain as the whole network is basically on a halt and again there is nothing we can do about it. This bug will hopefully be fixed in one of the next releases of the Cardano-node. For the technically interested people see this issue about the 48h bug: https://github.com/input-output-hk/cardano-node/issues/2205

Assigned Slots for 255

|======================================================================================|
| Leader | Ideal | Luck    | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
|======================================================================================|
| 55     | 52.91 | 103.95% | 0       | 0         | 0      | 0       | 0      | 0       |
|======================================================================================|

For epoch 255 we were assigned 55 slots which means about 104% luck. We won’t lose a block due to the 48h bug which is good for us. Let’s hope we won’t get into any slot battles πŸ™‚

If you have any questions never hesitate to contact me. That’s all for today, talk to you soon πŸ™‚

[Pool Update] Epoch 254

Hey people,

Welcome to the pool update for epoch 254. We have had a few turbulent days, but basically there is a lot of good news to report at the moment. In times of heavy fluctuation, you just have to stay calm and remember what the vision of this project is. We have a long road ahead of us that will be rocky at times, but in the end it will be worth it.

Coinbase and Bloomberg

First of all, I would like to mention the listing of ADA on Coinbase Pro! After the announcement, the price initially experienced a massive increase, only to drop again briefly. But much more important than the current price development is the additional exposure and easy access to Cardano through Coinbase. While ADA is not yet available on the regular platform, this is now only a matter of time.

This is the official announcement for your reference again: Cardano (ADA) is launching on Coinbase Pro

Also make sure to check out the article on the IOHK blog about this topic: Momentum continues as Coinbase lists ADA and Bloomberg adds Cardano

Or listen to it via soundcloud:

Upcoming Crowdcasts

The following two crowdcasts are dates you should definitely keep in mind. The best thing is to register right away πŸ˜‰

Cardano, The Research-First Blockchain

Cardano360 March edition – monthly Cardano update!

Performance for 253

|======================================================================================|
| Leader | Ideal | Luck    | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
|======================================================================================|
| 48     | 40.12 | 119.64% | 46      | 46        | 0      | 1       | 1      | 0       |
|======================================================================================

Lets take a brief look at the last epoch. We were assigned 48 blocks and produced all 48 but only 46 were adopted at the end. One block was stolen by another pool due to a slot battle. I mentioned it in past updates: Slot battles occur from time to time when two pools are eligible to produce a block for the same slot. Those slot battles are decided by chance and there is nothing a pool can do to increase their chance.

The other block which is listed as ghosted is more interesting. I have not seen this before in my pool so I had to investigate what it was ultimately due to. I looked at the logs and found the following lines there (only the important parts are shown):

{"at":"2021-03-12T11:13:39.00Z","env":"1.25.1:9a733","ns":["cardano.node.Forge"],"data":{"credentials":"Cardano","val":{"kind":"TraceNodeIsLeader","slot":23981328}},"app":[],"msg":"","pid":"20005","loc":null,"host":"v2202011","sev":"Info","thread":"72"}

{"at":"2021-03-12T11:13:39.00Z","env":"1.25.1:9a733","ns":["cardano.node.ChainDB"],"data":{"kind":"TraceAddBlockEvent.AddedToCurrentChain","newtip":"4db7f940bca8c4ae822c3b641792d8bf95105304bf3166e92b72faa2eed7c6fa@23981328"},"app":[],"msg":"","pid":"20005","loc":null,"host":"v2202011","sev":"Notice","thread":"62"}

What this basically tells us is, that our node successfully produced the block for slot 23981328 at the shown time and I can also confirm that it was propagated to the network successfully and in time (e.g. by looking at the orphans tab in pooltool.io for epoch 253 and observe the corresponding block).

{"at":"2021-03-12T11:13:39.37Z","env":"1.25.1:9a733","ns":["cardano.node.ChainDB"],"data":{"kind":"TraceAddBlockEvent.TrySwitchToAFork","block":{"hash":"b3afa68cfaea6bbb33748cfffd0b6e1ebb7856809241a4f017081c0bd8decc06","kind":"Point","slot":23981308}},"app":[],"msg":"","pid":"20005","loc":null,"host":"v2202011","sev":"Info","thread":"62"}

{"at":"2021-03-12T11:13:39.37Z","env":"1.25.1:9a733","ns":["cardano.node.ChainDB"],"data":{"kind":"TraceAddBlockEvent.AddBlockValidation.ValidCandidate","block":"b3afa68cfaea6bbb33748cfffd0b6e1ebb7856809241a4f017081c0bd8decc06@23981308"},"app":[],"msg":"","pid":"20005","loc":null,"host":"v2202011","sev":"Info","thread":"62"}

{"at":"2021-03-12T11:13:39.37Z","env":"1.25.1:9a733","ns":["cardano.node.ChainDB"],"data":{"kind":"TraceAddBlockEvent.SwitchedToAFork","newtip":"b3afa68cfaea6bbb33748cfffd0b6e1ebb7856809241a4f017081c0bd8decc06@23981308"},"app":[],"msg":"","pid":"20005","loc":null,"host":"v2202011","sev":"Notice","thread":"62"}

What happened there is that the node received a block for slot 23981308 and then decided to switch to that chain as this block was for a slot before our block. So why does this happen? There were about 20 seconds difference between those two blocks, but the propagation time of the block before ours was so slow that it reached us after our block was already produced. To put this into perspective: Blocks should be propagated to the network within a second not 20 seconds. If we look at our reported propagation delays you can see that our blocks are propagated to the network in less than 0.5s!

I also contacted some of my SPO colleagues and it turned out that Chris from STR8 faced the same problem and already created an issue in the cardano-node repository: https://github.com/input-output-hk/ouroboros-network/issues/2913

I will add my report in the next few days to push this issue up again, as I really think a pool and its delegators should not be punished for the slow propagation of blocks from other pools. Propagation times are something we can actually improve by having enough relays, sufficient computing power and fast, reliable connections to other nodes in the network. Its important to note, that I do not want to blame other SPOs here, but problems need to be addressed so that we can improve steadily.

Assigned Slots for 254

|======================================================================================|
| Leader | Ideal | Luck    | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
|======================================================================================|
| 45     | 0     | 101.95% | 0       | 0         | 0      | 0       | 0      | 0       |
|======================================================================================|

In epoch 254 we were assigned 45 slots which leaves us at ~102% luck. But we were unlucky and got a slot which lies within the impact time of the 48h bug (2021-03-18 21:45:52 UTC), which means that we won’t be able to produce this block and again there is nothing we can do about it. This bug will hopefully be fixed in one of the next releases of the cardano-node. For the technically interested people see this issue about the 48h bug: https://github.com/input-output-hk/cardano-node/issues/2205

That’s all I have for you today! Talk to you soon πŸ™‚

[Pool Update] Epoch 253

Hey people,

Welcome to the pool update epoch 253. First of all, I would like to warmly welcome all the new delegators and directly refer to the Cardano Reward Schedule. In the graphical representation of the delegation cycle you can on the one hand better understand the delegation process and on the other hand you can easily find out when you get rewards for which epoch etc. via the corresponding table.

Extended UTXO (EUTXO)

Let’s start with a more technical article about the accounting model used in Cardano called Extended Unspent Transaction Output or EUTXO. UTXO itself is a known accounting model used by Bitcoin but it needs to be extended to suit the needs of a third generation blockchain especially for smart contracts. To get a more detailed overview read the following blog article by IOHK: Cardano’s Extended UTXO accounting model – built to support multi-assets and smart contracts

If you prefer to listen to it, you can do so on Soundcloud:

If you are even interested in more details read their scientific paper about the extended UTXO Model: The Extended UTXO Model

Cardano Protocol Parameters

To complement the blog post about d and k in the pool update epoch 252 (be sure to check out the post about it if you haven’t already), Charles followed up with a video in which he talks about the Cardano protocol parameters.

Performance for 252

|======================================================================================|
| Leader | Ideal | Luck    | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
|======================================================================================|
| 42     | 38.6  | 108.81% | 41      | 41        | 0      | 0       | 1      | 0       |
|======================================================================================

As we can see epoch 252 was a rather good one for us. We were assigned 42 slots in total and we produced all 42 blocks, which results in a assigned performance of 100%. Unfortunately we also had one slot battle which we lost. I explained it many times before but its worth noting nevertheless: There is nothing you can do to win a slot battle. It is decided randomly. The more blocks a pool produces, the more often a slot battle occurs.

Assigned Slots for 253

|======================================================================================|
| Leader | Ideal | Luck    | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
|======================================================================================|
| 48     | 40.12 | 119.64% | 0       | 0         | 0      | 0       | 0      | 0       |
|======================================================================================

In Epoch 253 we are looking for 48 leader slots. Which means ~120% luck for this epoch. Looking forward to produce those blocks but I expect that there will probably be a slot battle again in this era.

I highly encourage you to join the FAIR Pool telegram group as I can quickly and easily answer all kinds of questions there: https://t.me/fair_pool01
But you can also always leave me a message on twitter or via e-mail which are both linked at the bottom of the page.

That’s all I have for you today, talk to you soon! πŸ™‚

[Pool Update] Epoch 252

Hey people!

Short and painless pool update this time:

News about d and k

Many of you already know about the network parameters d and k. We had many speculations about k going to 1000 in march, which was the initial plan. Since then, however, the circumstances have changed. The change of k and thus the reduction of the saturation limit has been postponed indefinitely into the future. This has the simple reason that first the parameter a0 or the entire reward formula has to be adjusted, so that increasing k also has the desired change of better decentralization. This also means that the current saturation point of ~63M is still valid for the foreseeable future and we are still well below this point.

However, nothing has changed in the slow decrease of d and thus the progressive decentralization. β€˜D=0 Day’ will be on March 31, at the boundary of epoch 257. From this day on, all blocks will be solely produced by the community pools and no federated nodes will be involved in the block production.

I highly recommend to read or listen to the following blog post to learn more about d and k, as well as their importance for the network!

For more information read the IOHK Blog post about this topic: Not long till D (=0) day
Don’t want to read? The above article is also available on soundcloud:

Performance for 251

|=====================================================================================|
| Leader | Ideal | Luck   | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
|=====================================================================================|
| 35     | 37.77 | 92.67% | 34      | 34        | 0      | 0       | 1      | 0       |
|=====================================================================================|

In epoch 251, we were already assigned fewer than the statistically intended blocks. Of the 35 assigned blocks we produced 35 but went into a battle for slot 23178551, which we unfortunately lost. Slot battles are decided by chance alone and no pool has any influence on which block from which pool finally makes it into the chain. This leaves us with 34 adopted blocks which means a luck of ~90%.

Assigned Slots for 252

|======================================================================================|
| Leader | Ideal | Luck    | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
|======================================================================================|
| 42     | 38.6  | 108.81% | 0       | 0         | 0      | 0       | 0      | 0       |
|======================================================================================|

Epoch 252 makes up a bit of the more unfortunate epoch 251. We were assigned 42 blocks which means a luck of ~108%.

Once again I would like to thank everyone in the pool for their support. I highly encourage you to join the FAIR Pool telegram group as I can quickly and easily answer all kinds of questions there: https://t.me/fair_pool01
But you can also always leave me a message on twitter or via e-mail which are both linked at the bottom of the page.

That’s all for today, talk to you soon! πŸ™‚

[Pool Update] Epoch 251

Hey people!

Welcome to epoch 251 and welcome to the Mary Era! Another hardfork combinator passed by and it was as smooth as always. It is really beautiful to just perform a chain upgrade on the go without any interruptions and without anything that you as ADA holders have to do. So let’s do a quick dive into native tokens that are available right now:

Babel Fees

If you read the heading and think: “What the heck are babel fees”, then you will definitely want to watch the Cardano360 show I linked in the last pool update. In addition you should read this blog post: Babel fees – denominating transaction costs in native tokens

Alternatively you can just listen to it via Soundcloud:

Babel fees will be an absolute game changer. At the first glance you may think: Cool, no damn gas fees. I can pay the transaction fees directly with the native asset, without the need for a smart contract or anything, built-in right into the protocol. But I think that is just the beginning. With this technical foundation we’ll be basically able to build decentralized exchanges directly into the protocol without the need for an intermediary token, which is just awesome. I am very curious about the concrete implementation and about the possibilities which will be opened by it.

Glow

The latest language currently available in Cardano Devnet is Glow, which was also featured in the last Cardano360 show. If you’d like to know a bit more about glow make sure to read this blog post: Bringing Glow to Cardano

Performance for 250

|======================================================================================|
| Leader | Ideal | Luck    | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
|======================================================================================|
| 25     | 21.32 | 117.26% | 25      | 25        | 0      | 0       | 0      | 0       |
|======================================================================================

In epoch 250 we were assigned 25 slots and produced all of them. This leaves us at 100% assigned performance, ~117% luck and an estimated ROS of ~6.3%.

Assigned Slots for 251

|=====================================================================================|
| Leader | Ideal | Luck   | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
|=====================================================================================|
| 35     | 37.77 | 92.67% | 0       | 0         | 0      | 0       | 0      | 0       |
|=====================================================================================|

In 251 we were assigned 35 slots, which is slightly below the statistically calculated amount of 37.77 blocks. This leaves us at ~93% luck.

That’s it for today. Looking forward to the upcoming weeks. If you have any questions just use one of the contact methods at the bottom of the website. Talk to you soon! πŸ™‚

[Pool Update] Epoch 250

Hey people! πŸ™‚

Welcome to Epoch 250! I warmly welcome all new delegators and I would like to thank all supporters and interested parties for stopping by for this pool update. Let’s get right to it.

Pool modifications

Since the KES keys of the pool were about to expire, these keys were regenerated last epoch. The pool is now running with the new keys and there was no interruption of the block production at all.

Relay 3, which I set up a few epochs ago as a test, has had the desired effect on the propagation times. So this relay not only serves to further diversify between different providers, data centers and geological locations, but also has a positive effect on the performance of the pool.

Interoperability

The word interoperability has become an integral part of the blockchain space. Nevertheless, many communities behave anything but cooperatively. In a space that is often driven by coin shills, FUD, and self-interest, I advocate that we be an open community and recognize the possibilities and opportunities we can achieve through collaboration. Because only by dealing openly with new ideas and concepts we can truly solve problems in the best possible way.

Emurgo recently published an interesting blog post about interoperability within the Cardano network:
Why Interoperability & Governance are Important for the Cardano Blockchain in 2021

Cardano360

Cardano360 is a new format provided by IOHK:

Every month, we’ve been bringing you all the news on Cardano development. And from this month, we’re bringing you a brand new look! 

Cardano360 is our NEW monthly show, where we’ll bring you all the freshest news & feature content from across the ecosystem. 

Join your regular hosts Tim Harrison & Aparna Jue, along with guests from across the ecosystem with all the latest updates and deeper dives into the Cardano universe. 

Join us in Crowdcast as we all watch along, or catch the stream on YouTube!

Make sure to check it out if you are interested in the latest news and updates: Cardano360 Crowdcast

If you missed the event, don’t worry there is a recording available:

Performance for 249

|=====================================================================================|
| Leader | Ideal | Luck   | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
|=====================================================================================|
| 23     | 20.72 | 111.0% | 23      | 23        | 0      | 0       | 0      | 0       |
|=====================================================================================

Epoch 249 was a quite good epoch for us. We were assigned 23 blocks and produced all of them. This brings us to 100% assigned performance and 111% luck.

Assigned Slots for 250

|======================================================================================|
| Leader | Ideal | Luck    | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
|======================================================================================|
| 25     | 21.32 | 117.26% | 0       | 0         | 0      | 0       | 0      | 0       |
|======================================================================================

Epoch 250 looks even better. We are looking for 25 leader slots which means a luck of ~117%.

When the next pool update is released, we will already be in the Mary Era. See you then πŸ˜‰

[Pool Update] Epoch 249

Hey people! πŸ™‚

I’m sure most of you already know that there are absolutely no ADA giveaways ever, but it can’t be stressed enough: If you’ll ever send away your ADA to anyone they will most likely be gone forever!

New Daedalus 3.3.0 released

The new Deadlus version 3.3.0 was released recently. If you haven’t updated already: Do it now!
It’s packed with new features:

  • Mary-ready
  • Built-in voting-registration for catalyst
  • Wallet ballance in crypto/fiat
  • More transaction details including metadata
  • SMASH server support
  • Multiple wallets from one hw wallet

Make sure to download it from a trustable source and make sure you are on the correct website: https://daedaluswallet.io/

All details can be found in the Deadalus 3.3.0 release notes.

What to expect from Mary?

Soon we will enter the Mary era which is mainly known for integrating the native asset functionality. This means that tokens can be created on top of Cardano. What this means for Cardano and how it looks like can you read in this iohk blog post: Building native tokens on Cardano for pleasure and profit

For those of you who prefer to listen rather than read, this and many other blogposts are also available on Soundcloud:

Definetely also worth a read is this blog post from emurgo: What is the Future of the Cardano Blockchain After the Mary Hard Fork?

Performance for 248

|=====================================================================================|
| Leader | Ideal | Luck   | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
|=====================================================================================|
| 19     | 19.9  | 95.48% | 19      | 19        | 0      | 0       | 0      | 0       |
|=====================================================================================|

Epoch 249 was the first epoch where our big delegation increase got active. Therefore, this was the demonstration that this pool can also consistently produce a larger number of blocks without any problems and that is exactly what we achieved: We were assigned 19 blocks while 19.9 would have been ideal. We produced all of those 19 blocks and did not miss a single one. We end up with an assigned performance of 100% and ~95.5% luck for that epoch.

Assigned Slots for 249

|=====================================================================================|
| Leader | Ideal | Luck   | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
|=====================================================================================|
| 23     | 20.72 | 111.0% | 0       | 0         | 0      | 0       | 0      | 0       |
|=====================================================================================|

In Epoch 249 we are looking for 23 blocks while 20.72 is the statistically calculated amount we should have been assigned, which brings us to 111% luck.

Thanks for stopping by and have a nice epoch 249.

That’s all I have for you today, talk to you soon πŸ™‚

[Pool Update] Epoch 248

Hey people! πŸ™‚

Hope you are all doing well. I know I do and so does the pool. So let’s dive right into this pool update.

Planting some trees

We know that PoS uses far less energy than PoW and is clearly superior in this regard. Nevertheless, its not completely emission free. As I do think that environmental protection is one of the most desirable goals of our time, I decided to start donating money to support projects in their fight against the climate change and polution of our earth. I started by donating to plant a total of 150 trees spread over five different countries all over africa. It may be a small step, but together we can make a difference and every single contribution counts.

This was just a humble beginning, but I will continue to donate at irregular intervals to various projects that I find worthy to support. Feel free to write me if you have any great projects for me that I should look into. I am happy to hear about them.

If you also want to participate just start watching the following video about plant for the planet and the trillion tree campaign:

Want to start right away? Check out their homepage: https://a.plant-for-the-planet.org/

How to mine Crypto in 2021

A small new video from IOHK on mining crypto in 2021 has gone online. I think most of you will know about this of course, but if you have someone who is interested, this video is a quick way to bring them up to speed.

New Blogpost about Project Catalyst

Read through the following post (or just listen to it via the audio file provided on the blog) to get the latest updates on Project Catalyst: Our million-dolar baby: Project Catalyst

Performance for 247

|======================================================================================|
| Leader | Ideal | Luck    | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
|======================================================================================|
| 6      | 4.95  | 121.21% | 5       | 5         | 0      | 0       | 1      | 0       |
|======================================================================================|

In epoch 247 we produced 6 blocks but only 5 were actually adopted. That means we still produced every assigned block but ran into a slot battle. For those of you that do not know what that is: A slot battle can occur if two pools are eligible to produce a block for the exact same slot. In epoch 247 that was the case for block 249933. At the end only one block can make it to the chain and the other one will be orphaned. Which of the produced blocks actually makes it to the chain is chosen randomly. This time we we’re unlucky and the other pool was chosen to make the block. Nevertheless, we have a luck of ~102% for that epoch and are perfectly within the ideal number of produced blocks.

Assigned Slots for 248

|=====================================================================================|
| Leader | Ideal | Luck   | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
|=====================================================================================|
| 19     | 19.9  | 95.48% | 0       | 0         | 0      | 0       | 0      | 0       |
|=====================================================================================|

248 is the epoch where a new big delegations becomes active. We will therefore produce more blocks in this epoch than ever before. We are looking for 19 Blocks, which will bring us to ~95% luck. More overall stake means more stable rewards and lesser impact of the fixed fee on every delegators rewards. So I’m very happy to see this increase in delegation.

Really glad for each and everyone one who decided to stake with me! Big thanks to all of you.

That’s all for now. Talk to you soon πŸ™‚

[Pool Update] Epoch 246 & 247

Hey people! πŸ™‚

With the ongoing price increase, we are currently seeing a sharp increase in new wallets and therefore new people in the Cardano network. First of all, I want to welcome everyone who is new to Cardano! You have made a very good decision to join the best community in crypto.

However, since many people may be inexperienced in the area of financial self-responsibility, I would like to outline some basic security rules to keep your funds secure:

  • If it is too good to be true, it probably is!
  • There are NEVER any giveaways! Even if it looks 100% real! Scammers are actively hacking big Youtube Channels, other Accounts and copying designs. Do not fall for it.
  • No officials, moderators or ambassadors will ever send you a private message! Scammers are copying those profiles and target people seeking help.
  • Always download Software related to Cardano from trusted sources! Double and triple check URLs to make sure you are on the correct website.
  • Never ever give your seed phrase to anyone. Your funds will be lost forever!

Those are only the very basics rules. I strongly recommend everyone to have a look at the following more detailed information: Cardano Stay Safe Content

If anyone is interested in buying a Ledger hardware wallet, don’t hesitate to contact me for a discount code.

Stay safe and enjoy Cardano!

Native Tokens and Mary

As the Goguen rollout continues we approach the next network update: the Mary Update!
Read everything about the Mary hardfork and native tokens in this blog post from IOHK: Native tokens to bring new utility to life on Cardano

Performance for 244

|=====================================================================================|
| Leader | Ideal | Luck   | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
|=====================================================================================|
| 4      | 4.04  | 99.01% | 4       | 4         | 0      | 0       | 0      | 0       |
|=====================================================================================|

We produced all four assigned blocks in 244 and ended up with an assigned performance of 100%, a luck of 99% and a return of ~5.3%.

Performance for 245

|======================================================================================|
| Leader | Ideal | Luck    | Adopted | Confirmed | Missed | Ghosted | Stolen | Invalid |
|======================================================================================|
| 10     | 4.35  | 229.89% | 10      | 10        | 0      | 0       | 0      | 0       |
|======================================================================================|

Epoch 245 was really good for us. We produced all 10 assigned blocks. This is the most blocks we ever produced in one epoch. This means an assigned performance of 100%, a luck of 229% and an estimated ROS of ~12%.

Leader Schedule for 246

|============================================================================|
| # | Status    | Block   | Slot     | SlotInEpoch | Scheduled At            |
|============================================================================|
| 1 | confirmed | 5307024 | 21046738 | 137938      | 2021-02-06 12:03:49 UTC |
|============================================================================

As good as epoch 245 was for us 246 is quite an unlucky epoch. We were assigned one block, which we already produced successfully. We will therefore end up with an assigned performance of 100% and a luck of 22%.

Leader Schedule for 247

|=======================================================================|
| # | Status | Block | Slot     | SlotInEpoch | Scheduled At            |
|=======================================================================|
| 1 | leader | -     | 21469276 | 128476      | 2021-02-11 09:26:07 UTC |
| 2 | leader | -     | 21469321 | 128521      | 2021-02-11 09:26:52 UTC |
| 3 | leader | -     | 21551638 | 210838      | 2021-02-12 08:18:49 UTC |
| 4 | leader | -     | 21573912 | 233112      | 2021-02-12 14:30:03 UTC |
| 5 | leader | -     | 21590733 | 249933      | 2021-02-12 19:10:24 UTC |
| 6 | leader | -     | 21724487 | 383687      | 2021-02-14 08:19:38 UTC |
|=======================================================================

Epoch 247 already looks better: We are scheduled to produce 6 blocks, which equals to ~122% luck.

Many thanks to all the delegators and readers. That’s all for today, thanks for being here. Talk to you soon πŸ™‚