Understanding the basics of staking - how and why, and even when


#21

Has anything come from your research since this comment? I too am very interested in setting up a server to host a node. I stumbled upon this thread during my research. any info would be appreciated. We only have 8 more weeks until staking is live! #ada


#22

Any source about the 8 weeks? Staking ADA is expected to be available at the end of Q1 2019. https://www.youtube.com/watch?v=03ElxlDD3Lo Plenty of time.

There will be good documentation and according to the last reddit AMA probably even a docker image. A lot of interesting answers: https://www.reddit.com/r/cardano/comments/9ud3o5/reward_sharing_schemes_ama/


#23

Thank you very much for your enthusiastic explaination. However, there are many coins now running POS and it seems that their mechanism is similar to that of ADA. Do you think I am right ?

DeepOnion has staking, too. I am running the wallet all the time and I staked so far hundreds of coins.

By the way, Callisto Network has Cold Staking, which means the staker lock the coins in an escrow and passively recieve an interest shared from miners.