Hi all,
I’m fairly new to staking. I have been staking cardano for a little over a year now.
The rewards were building up just nicely.
This evening when I checked cexplorer.oi and checked my rewards, I noticed that a little over 300 cardano from the staking rewards, have been withdrawn… and I didn’t withdraw it.
Is there anyway I can check what happened?
Thanks,
Jerry
You can check which transaction did the withdrawal on the page for your reward address on adastat.net, cardanoscan.io, or other explorers. If it was done by your wallet, it will also be in the transaction history in your wallet app.
It’s quite possible that it was just a transaction done by you that automatically withdrew rewards with it. Daedalus has done this forever, Eternl recently switched to having it as the default, and Lace also does that.
It’s actually the better way of doing it compared to the extra withdrawal button used by Yoroi and others. Those always cost an extra transaction fee just for withdrawing rewards, while doing it in transactions that are done anyway only adds a minimal cost to those.
I was trying to register for voting at that time. Looking at cexplorer, I’m still not sure where it went.
there is so much info on those pages, and honestly I don’t realy know how to look at it. But looking at the screenshot, all those addresses are in the list of addresses in my staking address (if that makes sense.
Makes total sense. Then, all these addresses belong to you, are part of what makes up your wallet. And after the transaction there are 333 ADA more on these addresses than before the transaction, the rewards that were withdrawn.
Depending on what your wallet app presents, this shouldn’t have changed your balance, since the rewards on the stake address also already belong to you, also contribute to your stake, also gain further rewards. Withdrawing just moves them inside what is all yours.
No, idea why that decided to produce a separate 1 ADA output. That is not necessary to register for voting.
Also, most wallet apps have pivoted to using a single address now since the use of many different addresses under the same wallet/stake does not have any real advantages. That would make the transaction at least a little easier to read since all three would be the same address.
Wallet app that automatically withdraws and uses multi-address mode … is it Daedalus?
Yes I’m using Daedalus. And indeed, I personally don’t like the many addresses that it creates. But hey, I’m just a newby trying to use the wallet. The whole voting registration process was a bit flimsy too, but that can also have to do with my level of knowledge on the matter 
I appreciate the feedback HeptaSean, thank you for that.
btw I was thinking to post my staking address/link to cexplorer in the first post. Would that have been a bad thing , to post it here? I’d think not, as the info is freely available for anyone on the internet.
Thanks!
That is completely your decision. It is mainly a privacy issue. You are totally correct that the information that there is an account with these transactions and this balance is public.
What is not public is the fact that it is your account.
On the one hand, it is easier to answer questions and help with problems if we have the address or a link to one of the explorers.
On the other hand, there are a lot of voices cautioning that this could give information to scammers and fraudsters that you are a valuable target or give them more opportunity to tell you a convincing story.
I personally do not completely buy that argument. They mostly do mass targeting with very little effort. I have never seen them restrict themselves to users with large bags, they just try everyone asking a question in one of the support and talk channels regardless if they give away much information or not. And I have never seen them putting in the extra work to look in detail at a wallet to craft a personalised fake support.
Regarding Daedalus a “by the way”: That surely is not the optimal experience of Cardano anymore. There are a lot of light wallet apps that do not use so many resources, do not take hours and days to sync, and allow to use all the dApps developed on Cardano: https://developers.cardano.org/showcase/?tags=wallet (I use Eternl, but can also recommend Typhon or Lace.) Trying them out is as easy as importing your wallet with the seed phrase. No need to move anything to a new wallet. In general, wallet apps can also be used in parallel to control the same wallet. They are just interfaces to the blockchain.
They are all browser-based, but still only save keys on your local computer encrypted by a spending password just like Daedalus does it. As long as you check to install from legitimate sources (to be extra cautious, your can cross-check the developers.cardano.org link above with https://cardano-community.github.io/support-faq/Wallets/list/ and with the different channels of the wallet app itself) and don’t give away your seed phrase to fake or scam websites, you should be rather safe.
The most secure way to handle cryptocurrencies are still hardware wallets, where the seed phrase and keys are only managed on a USB device, never touch a computer connected to the Internet, and all transactions have to be confirmed on the hardware device. All of the wallet apps work with Ledger Nano and all but Lace work with Trezor Model T and Safe 3 (but not with Model One).
Hi, thanks again for your clear explanations. I do have everything on a Ledger hardware wallet. From there I have staked my cardano to a pool.
I just tried out Eternl… way more simple than Daedalus indeed and without the (sometimes) hours of synchronizing. I was under the impression staking needed to be done through Daedalus. (indicating my lack of knowledge).
Again, your help is appreciated.
Regards,
Jerry
