ADA POS question


#1
  1. I heard that “pos” will open in March 2018.
    What exactly is the date?

  2. If I want to participate in pos,
    how many should I have at least a few ada?


#2

The date hasn’t been decided yet but expected Q2. I’m fairly sure there won’t be a minimum stake but I don’t know whether that’s actually been stated, or even decided.


#3

POS basically means the more you have the higher your stake. In this world the higher your stake the more power/influence you can have. Think of 1 ADA vs 10000 ADA. Which should have more importance? What you buy or hold is up to you. I doubt March will be the start date. Q2 has April, May, June if target is met.


#4

Hi @carda, if you are interested in staking, there is a comprehensive post on this by @MegaWind.
You can find the thread here.

FYI in a recent interview Charles mentioned that the staking component should be fine tuned around the end of June, but they will roll it out sooner for testing purposes.


#5

Exactly, to anyone thinking it’s going to be February, or maybe March or even April – Charles said it would most likely be June. Can’t remember which interview it was, he seems to be doing one every one or two days lately, and that’s great!