Cardano Community Newsletter - December 13, 2019

Welcome to the Cardano Newsletter!

Published by the Cardano community team every two weeks, this newsletter will provide you with news, updates and events about the project!

Charles Hoskinson’s Latest Surprise AMA about Shelley Incentivized Testnet Updates - 5 December 2019

On 5 December Charles Hoskinson sat down for yet another surprise AMA! This time Charles discussed the recently released incentivized testnet documentation details.

Quick Summary:

  • A product oriented summit recently concluded in Colorado.
  • The roadmap for Cardano in 2020 includes a focus on sharing our story.
  • We are seeing great forward progress in collaboration with the key entities that make up Cardano.
  • Two new members have been added to the Council of the Cardano Foundation.

Check the AMA & Recap

IOHK Blog: Explaining the Shelley Incentivized Testnet Incentive Model

On December 5th IOHK shared with us some important updates regarding the Shelley Incentivized Testnet. This Incentivized Testnet will allow you to earn real ada rewards for taking part. And it’s all down to the incentivized model. Find out how it works and how much of a reward you can expect right here in IOHK’s latest blog post.

Read IOHK’s Full Blog

Check out IOHK’s Rewards Calculator Info

IOHK has also been busy getting everything prepared for staking on the incentivized testnet. With that in mind, they have released a Stakepool operator guide containing key info about running a Cardano Shelley Stakepool. Interested in running a Stakepool on the Shelley Incentivized Testnet?

Learn How Here

Watch Tim Harrison’s latest video about the Shelley Incentivized Testnet here

Check out more General Info on IOHK’s Updated & Dedicated Staking Website

Three additional things to pay extra attention to:

  • It is important to note that the amount of ada you are holding in your Daedalus or Yoroi wallet at the time of the main UTXO snapshot is the amount that can be used for staking and delegation on the incentivized testnet. You must ensure you have access to your seed words. You will need these and recover your balance details within a special Rewards wallet that has been created for the Shelley testnet.
  • You do NOT need to send your ada anywhere or to anyone! Please beware of anyone claiming you need to send your ada to them for staking or delegation. This is not the case! Only a number value is captured in the snapshot and this is then used as the figure in your testnet wallet.
  • DO NOT try to send your mainnet ada (the ada in your regular wallet) to the testnet or a testnet address. This is not possible, and if tried may lead to loss of funds.

Check our Safety Tips & Tricks and Shelley StaySafe Content

The Cardano Foundation strengthens its Council with two new Members

ZUG, 4 DECEMBER 2019. The Cardano Foundation – in line with its goal to strengthen and diversify its highest supervisory body – has appointed Tamara Haasen and Nicolás Javier Arqueros Rojas as new Council Members, effective immediately. The latest addition comes as the Foundation set to assume more responsibilities ahead of the transfer of custody of Cardano and smart contracts rollout in 2020.

Tamara is the first woman to hold the post and Nicolás is the first South American national to become a Council Member. Together they will focus on advancing the Foundation’s mission.

Read the Full Press Release

AdaPay solution by Cardano Foundation and COTI is now live!

AdaPay solution – developed by the Cardano Foundation and COTI – is now live as of 28 November!

This solution allows merchants to accept payments in ada with a near-instant settlement into 35 different fiat currencies directly into their bank accounts. You can now start accepting ada for your business by joining COTIpay platform. For more details, please visit COTI’s website.

To help you visualize what an adaPay gateway can look like in action, COTI has created a demo COTI store where you can see how payment with ada might work in the wild.

Merchants who are interested in adaPay solution will not need to commit to a minimum monthly sales threshold. There is no limit for merchants with less than US$50,000 monthly revenue. However, the only eligibility criteria is that all new users should be active merchants (doing business already) with an online presence (webshop) and existing revenue flow.

Read the Forum Post Here

Watch the COTI adapay video here

Read the Previous Press Release

Cardano Foundation Appoints Casey Monroe and Tiago Serôdio to Boost the Community Management Function

LOS ANGELES, 11 DECEMBER 2019. The Cardano Foundation – in a bid to optimize community engagement and strategic direction – has boosted its Community Management department by appointing J. Casey Monroe as the new Senior Community Engagement and Strategy Lead and Tiago Fernandes Serôdio as the new Community Project Manager, effective immediately.

These hires are part of a larger initiative to grow and enhance our community management efforts, and is another stride towards the Foundation’s growth goal. Working in collaboration with the Global PR, Communication and Marketing department, Casey and Tiago will advise on diversifying and scaling the Cardano community.

Read More Here

The Cardano Foundation’s Chairperson Featured on The Cardano Effect Podcast

The Cardano Foundation’s Chairperson and IOHK General Counsel, Nathan Kaiser, joined Rick and Philippe on a fun and relaxed Cardano Effect Podcast to answer questions from the community, to further discuss his role at the Cardano Foundation, and to talk a little about what the Foundation’s plans are for 2020. Enjoy the show!

Watch It Here

IOHK: Shelley Testnet - Your weekly rollout rollup - Week 24

IOHK provides Shelley Testnet Newsletter updates every Friday. Please check out the updates on our Forum below. And for the very latest technical updates, you can follow all the commits and pull requests in the community GitHub.

If you are not already part of the conversation, you will find a lot of activity over at the stake pool Best Practice Telegram.

Read More Here

EMURGO Blog: How to Prepare for the Cardano ADA Staking Testnet & Testnet Staking FAQ

EMURGO, the official commercial and venture arm of Cardano - successfully hosted a community workshop on preparing for the upcoming Cardano Incentivized Testnet with ADA staking, at its Tokyo office on November 25, 2019! Read more about the Tokyo Meetup in the recap blog below.

Read More Here

EMURGO Official Merchandise: Get 10% off!

Are you looking for Cardano swag and merchandise? Stop right there and have a look here at EMURGO’s store where you can get 10% off of their goods! Promo Codes can be found in the blog below. Happy shopping!

Read More Here

Cardano Community Meetups

Upcoming Meetups

RSVP to these events!

16 Dec 2019【TEAMZ共催】中国におけるブロックチェーン業界の展望を理解する Tokyo, Japan with EMURGO

18 Dec 2019 Cardano Croatia & Crypto&Cafe Christmas Special meetup in Zagreb, Croatia by Marin Kramaric

19 Dec 2019, Cardano Meetup in Seoul, 제2회 카르다노 서울 밋업

22 Jan 2020 Cardano: What Does A Next Generation Blockchain Look Like? in London, UK, by Robert Castelo

22 Jan 2020 How to earn monetary rewards from staking or stake pool Coral Springs, USA by Matthew Consolo and Hassan Michael

View all Cardano Community groups here

Nothing in your area ?

See if a group already exists on our page and connect with the local organizer!


Start your own Cardano meetup group? Learn more here

Stay safe! We, or any of the Cardano affiliated organizations/personnel, will never ask you to send us Ada or any other asset, nor will we ask for your password or pass phrases. Official partnerships/affiliations will always be announced through official channels. Use caution and do your own research before transferring funds.

More at 'How to Stay Safe Online’.

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So many things happening, very excited about Cardano`s 2020!

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