To get started now, see our staking guide here.
Blockdaemon is the Total Node Management Solution
Blockdaemon guarantees peace of mind, as you never have to worry about maintaining or upgrading your nodes ever again — we look after all of that for you. Our finger is constantly on the pulse of each blockchain we support to ensure all of our nodes remain perfectly healthy. Our extensive experience across protocols lets us expertly monitor, repair and replace nodes where protocol level errors may occur. For any protocol updates needed, we look after these in advance so you never see any disruption in service.
Enterprise Level Security
Security is our top priority here at Blockdaemon. All nodes purchased through us are 100% customer dedicated. This means your node is yours exclusively. You’ll enjoy a dedicated node which has a unique address, its own unique connection and authentication key. Furthermore, these are never reused. We ensure your node is not open and exposed to anyone on the internet. Any nodes you’d like to add on additionally can be done so quickly and easily as well!
A Trusted Partner
Blockdaemon is by your side on your blockchain journey. We are the only infrastructure platform for blockchain nodes which offer multi-cloud and multi-geographical support, with just a few clicks. Want custom configurations and branded experiences? No problem, we provide a unified, whole-org, collaborative rollout to manage a complete network. Whatever your needs, we will work closely with you to deliver the solution you need.
Cardano’s consensus algorithm Ouroboros is peer reviewed, making Cardano the world’s first provably secure Proof of Stake blockchain. The original Ouroboros research paper was accepted at Crypto 2017, a world leading cryptology conference. This rigorous scientific approach ensures Cardano’s security as a world leading blockchain platform.
Cardano uses the same amount of energy as a large home to power its entire network. Rather than relying on an external resource to reach consensus (as is the case with mining), Cardano uses the internal resource of the blockchain’s native cryptocurrency ADA to decide who gets to mint blocks in the blockchain. Cardano is therefore very environmentally friendly.
The ADA rewards for participating in Cardano’s Proof of Stake process are distributed automatically at a protocol level. This means that rewards are guaranteed and consistent on a regular basis, all without having to trust a centralized third party. Cardano is the most decentralized of all Proof of Stake protocols.
Frequently Asked Questions
The two main parties in the Cardano protocol are stake owners and stake pools. Stake owners are those who hold ADA, the native currency of the Cardano blockchain. Stake pools are those who validate blocks on behalf of the stake owners in the network. There is no minimum ADA requirement to take part in the protocol’s consensus.
Staking on Cardano is 100% safe. Safety is guaranteed because the internal resource (ADA) used to decide who gets to produce the next block in the blockchain is never at risk. The right to produce a block based on a person’s stake is only ever delegated, meaning no ADA is handed over to participate in staking. Furthermore, the protocol is designed without slashing, meaning stake is never at risk of being lost.
Staking rewards are distributed at the end of every epoch, which equates to roughly every five days. Rewards will be based on the amount of stake you own in the Cardano network: the more ADA one owns, the higher the reward.
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