Hi All,
It's been a while since I posted on this community about the progress of the Cardano project.
Currently we just entered Epoch 254 the Shelly Era, the D value is decreasing, meaning that stake pool operators can produce 94% of the blocks in this Epoch and the federated nodes of IOHK and Emurgo will create 6% of the blocks. As we enter new Epoch's the D value will continue to decreases as Cardano strives for a 'truly decentralized' blockchain.
So by the end of March, Epoch 257 the D value will = 0 so 100% of the blocks will be produced by stake pool operators!
There has been a massive announcement that happened 4 hours ago that I would love to share with my HIVE family...
The voting on proposal, Project Catalyst has came along way since I last posted on #LeoFinance. We are up to Fund 3 and you can cast your votes on proposal using your mobile device. And its never too late to vote
All you have to do is to download the Catalyst Voting on ios App Store or on Google Play and follow the instructions to link your daedalus wallet to the Catalyst Voting app... It's so easy! AND don't forget you will earn ADA when you vote.
You can also submit a proposal on Project Catalyst for fund 4 and onwards, if you think you have a great idea or you're a developer and you want to build apps on the Cardano block-chain.
We are currently waiting for the last 'Hard fork' in the Goguen Era. This 'Hard fork' is going to be the biggest one as smart contracts will be available to be built on Cardano block-chain.
Previously there was Mary hard fork which is significant update, which allowed for the creation of tokens on the Cardano blockchain, which will transform Cardano into a multi-asset blockchain.
I have delegated all my ADA to LEAD Stake Pool. I found out LEAD is based in Sydney, Australia so I had to help out a local lad. My return on investment have been on average 5.07% p/a - this average is calculated from the previous 30 days. The return on investment is decent for a smaller stake pool. This stake pool operator only chargers 1% on fees, most stake pools charge 3% or more. So lower fees means higher return as long as this stake pool is producing blocks in every epoch.
Wheels are defiantly in motion and I am very excited about the coinbase listing news. Love to hear your thoughts on the direction of Cardano?
#leofinance #hodel #cryptocurrency #finance #news #creativecoin #archon #curie #Cardano
Which staking pool are you going to delegate your ADA to?
Thanks for stopping by :)
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