Invalid Mineable tag on CMC

**grangonzo** · May 17, 2019, 7:21am

“still operates as a proof of stake protocol.”

Really? how?

**adatainment** · May 17, 2019, 7:48am

Currently Cardano runs as federated system, all current nodes (aka pools) where in control of IOHK (maybe also Emurgo and the CF, but I’m not sure about that)

There are several papers for all the different Ouroboros “flavours” and they are all basically proof of stake, but of course you are right: at the moment you can not stake your ADA. Best way to think of it is that everything is defined static.

**grangonzo** · May 17, 2019, 9:25am

Are you ok?

**Evgeny_S** · May 17, 2019, 9:42am

It runs with Ouroboros Classic protocol between 7 federated pools. It is technically PoS, you just can’t participate with your own pool/stake currently.

**adatainment** · May 17, 2019, 12:16pm

Excuse me?

**Katsumoto** · May 17, 2019, 2:02pm

I’d say they should change the terminology to ‘mint-able’

Just FYI @grangonzo What @adatainment says is correct.

That it is ‘neither’ is also incorrect.

Hope this clarifies your uncertainties.

**Miner** · May 17, 2019, 5:31pm

Is the circulating supply correct?
Where can you find that?

**Allendar** · May 17, 2019, 6:58pm

It’s probably the accumulated given coins out of the chain to holders from the master node (nodes?) themselves. After releasing the coins you can only track what you gave and not what is where anymore.

**ishleh** · May 17, 2019, 7:22pm

I wonder how at this point people still doubt that cardano is POS

**grangonzo** · May 17, 2019, 7:48pm

Is it POS?
Ok, i have a lot of coins. Where do i stake them

**ishleh** · May 17, 2019, 7:51pm

If you didn’t get yet that Cardano is in federated state currently and staking would be live when Shelley is released, maybe and just maybe Cardno isn’t for you!
But at least, at this stage of the project, you own some ADA whisch make you somehow a visionary

**grangonzo** · May 17, 2019, 7:53pm

But you said it’s proof of stake. Where do i stake?

**Allendar** · May 17, 2019, 8:03pm

Can you please stop now?

**grangonzo** · May 17, 2019, 8:05pm

But is it POS or it will be POS?

**qardano** · May 17, 2019, 8:12pm

yes.

it’s mineable.

i have mine.

**grangonzo** · May 17, 2019, 8:30pm

Me too!

But can’t stake yet, so it’s not POS

**ishleh** · May 17, 2019, 9:00pm

Honestly, I don’t care what you think!
Cheers

**grangonzo** · May 17, 2019, 9:02pm

**Evgeny_S** · May 17, 2019, 10:49pm

It’s you who can’t stake, cool people can. You’ll be able to join a cool club with Shelley release.

**Katsumoto** · May 18, 2019, 5:10am

@grangonzo Please do not spam or flood the discussion with one-liner comments. If you’re going to reply please do so by @ tagging multiple users in one post, to avoid the aforementioned. You may consider this the first warning.

Cardano is currently PoS in federated setting, “end of discussion”. It has been explained before already and asking the same questions differently is also not appreciated or valued at this point.
Read here about the community code of conduct