Can someone provide the amount of ADA that will be needed to run a masternode?
I’m not referring to staking, but running a masternode. I’m new to masternodes and I’m curious about what ADA may require.
Cardano doesnt have Masternodes. Instead we will have staking pools…
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Many of the details are still being worked out. I see lots of progress being made but nothing we can release yet. Currently they are discussing privacy concerns and deciding on solutions.
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Any update on the availability of staking pools? Thank you for your time:)
minimum ADA requirement to run stake pool?
@jason80 Hi, as far as we understand the minimum requirement is 1 Lovelace (smallest unit of ADA -
essentially no minimum). Of course with such a low amount, it would be very unlikely to be selected as slot leader. Therefore with a small stake it is best to join a larger stake pool. IOHK should release further details soon!
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@jason80 Hi, Slot leader selection is an integral part of Cardano’s Ouroboros proof of stake protocol and is fully explained here: cardanodocs.com/cardano/proof-of-stake/
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Thanks for the link!!!