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EP009 - How to Stake Cardano (ADA) and Understanding Rewards

Author
Pete Bui
Published
Wed 26 May 2021
Episode Link
https://www.spreaker.com/episode/ep009-how-to-stake-cardano-ada-and-understanding-rewards--45049587

In this episode, we take a step back and do a deep dive into the basic concepts of staking on the Cardano blockchain and understanding how rewards work.

After running a Cardano Meetup the other week, it is clear that the idea and concepts around staking are still foreign to a lot of newcomers to cryptocurrencies and the basic groundwork needs to be laid out before other concepts and ideas can be worked on. With a room filled with 15 Cardano enthusiasts, we aimed to chat about security and NFTs but it was clear that one of the main concepts around Cardano staking and Proof of Stake needed to be discussed.

Full show notes at: https://cardanode.com.au/ep009

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