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r/cardano
697k members
Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers.
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r/CardanoCoin
17.7k members
Welcome to r/CardanoCoin
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r/ledgerwallet
92.7k members
Discussions about Ledger's products. Visit us @ ledger.com
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r/CryptoCurrency
5.5m members
The leading community for cryptocurrency news, discussion, and analysis.
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r/solana
153k members
Welcome to the official Solana subreddit. This is a place to post any information, news, or questions about the Solana blockchain. Web-scale blockchain with speeds of 50k TPS. This subreddit is operated by the Solana Foundation.
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r/CardanoMarkets
11.7k members
Discuss Cardano trading strategy and speculation
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r/CardanoNatives
2.1k members
Welcome to the Island. Always warm, always sunny, sometimes Reddit.🌴 This subreddit is dedicated to Cardano native tokens, dApps, and NFTs! If you are working on a project, tell us about it! Even if you aren’t working on a project, share in the news and discussion of native tokens. CARDANONATIVES.COM CardanoCube.IO BuiltOnCardano.com
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r/CardanoDevelopers
13.2k members
A subreddits dedicated to everyone building on the Cardano blockchain.
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r/CardanoNFTs
16.8k members
This community is dedicated to Cardano NFTs (CNFTs), non-fungible tokens on the Cardano blockchain! The NFT space globally surpassed $40 Billion in 2021 and the CNFT space was brand new in the first quarter of 2021. We are just getting started! Welcome to the beginning!
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r/CryptoMarkets
1.1m members
Crypto Market Analysis & Discussion. Demand and price, technical analysis, fundamentals, Bitcoin, Ethereum, token, volume, oscillator, RSI, stochastic, trend, trends, sentiment, strategy, coin, coinmarketcap, coingecko, messari, altcoin, blockchain.
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r/CardanoStakePools
14.7k members
Welcome to the Cardano Stake Pools community! A community operated sub focused on stake pool operation. Please read the community information and rules below.
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r/Crypto_Currency_News
179k members
News means money in the Crypto Currency world. When new coins, products or platforms are released using Bitcoin, Ethereum, Monero or any related altcoin Tokens, the price of affected products can potentially move on the news.
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r/CryptoCurrencies
377k members
We're Crypto Reddit's Fiji water in a desert of censorship and agendas. Arguably Reddit's best source for uncensored cryptocurrency news, technicals, education, memes and so more!
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r/CardanoTrading
7.3k members
A sub dedicated to trading Cardano.
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r/NFTsMarketplace
263k members
A place where you can buy, sell, promote, and learn more about NFTs! Share your work, tell your story, but most importantly, interact with others, it's the only way to find people that truly connect with your work.
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r/ethtrader
2.2m members
Welcome to /r/EthTrader, a 100% community driven sub. Here you can discuss Ethereum news, memes, investing, trading, miscellaneous market-related subjects and other relevant technology.
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r/ergonauts
21.4k members
Ergo, powering the future of finance. Ergo is a next-generation smart contract platform that ensures the economic freedom of ordinary people through secure, accessible, and decentralized financial tools. ($ERG cryptocurrency)
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r/SafeMoon
300k members
SafeMoon is a human-focused technology and innovation business expanding blockchain technologies for a brighter tomorrow.
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r/SingularityNet
12.2k members
Subreddit for the world's first decentralized AI network.
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r/ExodusWallet
27.4k members
Welcome to r/ExodusWallet! This is the sub dedicated to the discussion of the Exodus cryptocurrency wallet. For official wallet support, please email support@exodus.com. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Remember: Exodus will NEVER ask you for your 12-word phrase, keys, or identifying information. Exodus will NEVER send you to another website to do any kind of updates except for our official website at www.exodus.com.
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r/CoinBase
220k members
Welcome to r/Coinbase!
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r/dogecoin
2.3m members
The most amazing place on reddit! A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. The much wow innovative crypto-currency.
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r/tezos
71.2k members
Tezos is a decentralized blockchain for assets and applications that can evolve by upgrading itself. Stakeholders govern upgrades to the core protocol, including upgrades to the amendment process itself.
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r/NFT
518k members
The NFT subreddit is a gathering for those interested in Non-Fungible Tokens. Non-Fungible Tokens are set to change how value interoperates across the digital landscape of media in the new Web 3.0 version of the internet. These unique asset span across video games, blockchain domains, representing a claim on physical assets, and even as decentralized identities.
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r/algorand
75.8k members
The community controlled subreddit for the carbon-negative Algorand blockchain and cryptocurrency.
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r/binance
876k members
Binance is the world’s leading blockchain and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume.
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r/ADAXPRO
14.1k members
ADAX is a DEX for Cardano, an automated liquidity protocol that facilitates trades within the Cardano ecosystem in a completely decentralized and non-custodial way. ADAX has no order book -- we eliminate all intermediaries, complexity, and cumbersome procedures from the equation, offering users untrammelled freedom to trade without censorship or loss of control over their assets.
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r/TerraVirtua
706 members
Virtua is a gamified metaverse which provides immersive social, web3 gaming, digital collectible and interactive experiences.
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r/AlgorandOfficial
69.8k members
Official community for Algorand - World’s first open source, permissionless, pure proof-of-stake blockchain protocol designed for the future of finance. Founded by Turing Award-winning cryptographer Silvio Micali. Algorand runs on a highly energy-efficient network and is carbon neutral.
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r/CryptoMars
142k members
This subreddit is for the analysis of risky or super low market cap cryptocurrencies with huge upside potential. • Don't share anything without proper info. • DYOR, NEVER FINANCIAL ADVICE.
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Posted by8 days ago

Cardano's newest upgrade in the Basho (scaling) era is the Vasil upgrade, named after the late Bulgarian mathematician Vasil Dabov who was a respected member of the Cardano community.

What does the Vasil upgrade do?

The key component of the upgrade is to make Cardano's transaction sizes smaller. In layman's terms, previous transactions were filled with some fluff which bogged down the available space in each block. With the Vasil upgrade, each transaction takes up less space and therefore more of them can fit into blocks. This also makes running different types of Smart Contracts a lot easier than before, which was one of the main complaints from developers.

This is because of 'reference scripts' where a transaction can include a reference to a script on a previous transaction, thus preventing the same code being written into multiple transactions.

It's important to note that while the upgrade was executed without issue, it's because of extensive testing. Earlier this Summer, a critical flaw was found and it was uncertain whether it could be fixed in time for the previously scheduled deployment of the Vasil upgrade.


One more thing to remember is that this won't be a snap-of-the-fingers speed upgrade for Cardano, the Smart Contract developers must also upgrade their code too - however, a majority of developers have already signaled readiness for the Vasil hard fork so we should see some good improvements soon.


And to get in before everyone else (phrasing), yes, the Vasil hardfork is like adding Vasiline to the Cardano network. I'll see myself out!

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Posted by13 days ago

I feel like I have to preface this with the empirical fact that the last few crypto purchases I've made, and indeed the majority of Crypto I've bought in the last year has been Ethereum. I'm a fan of Ethereum. I'm a believer in Ethereum. But ETH 2.0, for the every-day user, is quite a let down.

#1 Minimum stake

ETH 2.0 chose to bizarrely lock out the vast majority of Crypto users and require a minimum amount of 32 ETH to stake, currently valued at $46,624. This is supposed to be a decentralised platform and yet, the people who before could buy a GPU for $700 and mine and earn an ROI are now locked out. The only choice left is to either stump up $46,624 in ETH and become a validator yourself, which puts your funds at risk of slashing if you don't have business-class Internet stability, or you can literally send your Cryptocurrency out of your own wallet in exchange for something like RocketPool's version of ETH... hang on.. that sounds a lot like trusting your funds to a third party.

On the other hand, Cardano's minimum stake is 5.5 ADA, plus the transaction fee of 0.17 ADA. That's currently $2.75.

#2 Decentralisation

Currently, two entities are producing the vast majority of blocks on ETH - Lido & Coinbase. While this problem is inherent to Proof of Stake networks (and not forgetting how a few entities produce the majority of Bitcoin hashrate) Cardano fares much better here - With the largest single entity (Binance) only controlling 11% of the active stake.

#3 Rewards

Current pro-rated calculations are putting ETH's staking reward's at a 4% ROI. Cardano's ROI averages at 5% but if you select a decent unsaturated staking pool, it can go as high as 7-8% ROI.

#4 Staking liquidity

What prompted this post was the discovery that, as of yet, there is no timeline on how people who staked $46,000 to ETH can withdraw these funds.

I've seen estimates placed at between 1-2 years which is when the Shanghai upgrade is due to be finished.

Staked ETH cannot be unstaked or transferred on the Ethereum network until after the Shanghai upgrade. This means that clients should only stake ETH that they plan to hold long-term

Let's compare with Cardano:

  • Your funds never leave your wallet when you stake.

  • Your stake automatically increases or decreases as you receive / spend ADA

  • Staking rewards automatically compound

  • You are free to change Staking Pools at will with no penalty at a cost of 0.17 ADA.

To me, this absolutely kills all credibility for ETH being for anyone other than the rich. You cannot stake to ETH unless you are rich or are willing to risk your funds. You cannot perform transactions on ETH, particularly when congested, unless you are willing to spend on high transaction costs. You cannot withdraw your funds because the developers didn't think that might be a priority for anyone.

I mean, what the fuck, really? You can say what you want, ghost-chain this, Hoskinson that, but surely even ETH maxis can give credit where it is due. Cardano got this right years ago.

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Posted by1 day ago
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