Categories
#Shelley Mainnet

First Delegations Are In

It is finally happening, we have our first delegations in. We like to say a thank you to the delegators that put their trust in our hands by choosing to delegate with us.

But to me personal the amount of delegation after two days is kind of disappointing. Especially when compared to other stake pool operations who were able to collect already millions of delegation in the same time frame.

Not only over the last 3 months i put all my energy and effort in this project, i was also involved in the Incentivized Test Network. Unfortunately due to the instabilities of Jormungandr this was not very successful.

I got involved in the ecosystem and was invited to other stake pool operator groups and had a chance to talk to other professionals. From this i gained a lot of knowledge but also trust and direct private connections which were valuable to extend our network connectivity on the Cardano Shelley mainnet.

Also i did help out a lot of other people in trying to setup a stake pool operation. Due to this i was able to detect that many people really should not run a stake pool operation because they simply lacking the skills for it. There is only so much you can learn in a short time frame of 3 months, it is definitely not compensating for the lacking experience and linux skills needed to maintain an enterprise grade solution.

As ADA4PROFIT we are providing our delegators with the skills and expertise needed to run and maintain complex enterprise environments like a stake pool.

We have over 25 years experience with complex software solutions, are running our own software development company and as such we are backed by our own development team.

We are planning to build our own blockchain based solutions on top of Cardano. Something we have already done before on Ethereum, on which we have several solutions running for our clients.

We committed ourselves to this project because of the many unique aspects of this project.

Our stake pools pledge is locked for the coming three years to show our commitment.

We are currently maintaining 10 cloud server machines in different locations around the world. The majority of them are bare metal servers, to achieve the best results in forging blocks for our delegators.

We opened our own Youtube channel to inform you about Cardano and blockchain related topics. We produced our own content and made a delegation guide for the community and many more things to come.

Unfortunately we can not do this alone. We need your support, the support from delegators to achieve our personal goals. Delegators who are in search of a stake pool operation, that can guarantee them with good return on stake.

We will not disappoint you. Our infrastructure is in place and we are providing the expertise required to run and maintain complex enterprise environments.

Our infrastructure was battle tested over the last months, now it is ready to work for our delegators to provide them with an excellent return on stake.

If you are also as committed as we are, you should consider us together we can dot this. Delegate your stake with us to achieve the best results on your stake.

Categories
#Shelley Mainnet

It Is Time To Delegate

In our previous post “Delegation Guide” we mentioned that we would inform the community about the availability of the new Daedalus Mainnet wallet.

Yesterday we had the launch of Shelley at 22:45 PM UTC, the Cardano network became fully decentralized. A moment we all looked forward to.

As pool operators and owners we worked hard to have our infrastructure in place for this moment where users can start delegating their stake to stake pool.

In below scheme you can see that you can start delegating your stake to the stake pool of your choice. Your delegation will become active on the 8th of August and the first rewards will be delivered on the 18th of August to your wallets.

In order to delegate you have to download the new Daedalus Mainnet wallet for your operating system.

Click on the image to go to the Daedalus download page

The new Daedalus (Shelley) Mainnet wallet will automatically import your wallets from the Daedalus Byron Mainnet wallet.

Once the chain is checked and synced up, your Byron Mainnet wallets will appear.

In order to delegate to one or more stake pools, you have to create one or more new Shelley wallets. Please be careful! Write your passphrases (now 25 words) down and double check them. Assign a spending password and save both your passphrase(s) and spending password(s) in a safe place, don’t loose them !

After this you can move your ADA from your Byron Mainnet wallet(s) to the newly created Shelley Mainnet wallet(s). For this you need your Byron Mainnet spending password at hand.

Once you have your ADA in your new Shelley Mainnet wallet(s), you can start the delegation process. In case you like to know more about this process or how to choose a stake pool, download our Delegation Guide. (Note: The delegation guide is based on Haskell Testnet 3, but the delegation process is exactly the same. We will do our best to update this guide on basis of the new Daedalus Mainnet wallet shortly.)

We would love to see you joining our stake pools A4PEU (JUNO) or A4PUS (SATURN). Our stake pools run on cloud-native infrastructure provided on bare metal servers in the US and Europe. ADA4PROFIT is operating in total 10 servers, 6 public relay nodes, 2 hidden relay nodes and 2 stake pools, to guarantee an excellent return on stake for our delegators.

Categories
#Shelley Mainnet

Shelley Is Here

To the whole team of IOHK and the community a big thumbs up. From the successful Incentivized Test Network into a fully decentralized network Shelley. These were great achievements made in the past few months months.

Where many people were very skeptical about this project because of the “slow process”, they will be proven wrong. Cardano is here to stay and will start gaining traction on basis the launch of Shelley mainnet. It will outperform most of the other projects because of their formal methods and scientific approach. Reason for this is a solid foundation for the future and the hard work that they put into this project. Instead of rushing out functionalities, or simply forking from another blockchain. Specifications are being reviewed, by the smartest people in the industry.

Past months were exciting and sometimes tiring, because of the pace in which the updates came to us as stake pool owners and operators. Looking back it was worth all the effort. IOHK delivered according to plan that was communicated to us. A great achievement.

We are thrilled to be a part of this experience. We are looking forward to all the great things that’s still to come from this amazing team and community.

ADA4PROFIT is live on the Mainnet thanks to a great achievement of the Cardano project team. Also, because of the many contributions that came out of the community.

Shelley Mainnet Wallet

The whole experience was, in one word, great! From the preparation to get our nodes up and running, to the collaboration between different stake pool owners and operators, and the release of the new Daedalus Mainnet wallet after the hardfork.

We are looking forward to the journey we are going to make together with Cardano, hopefully you do to.

Join us in this journey by delegating your owned ADA to our stake pools JUNO (ticker A4PEU) and SATURN (ticker A4PUS). We will take care of a flawless operation and excellent return on stake.

Categories
Shelley Mainnet Candidate

Shelley Is Close To Launch

Shelley is close to launch, according IOHK things are looking pretty good. IOHK is pretty confident that they are going to make the deadline for Shelley.

Read about the news above, in following update article of IOHK https://forum.cardano.org/t/here-s-a-brief-shelleysaturday-update/36382

MC4 (Mainnet Candidate 4) is most likely the last version for Shelley Mainnet lauch. Cardano will become a fully decentralized network. Already there are over 200 stake pools registered on MC4.

We registered our stake pools JUNO (ticker A4PEU) and SATURN (ticker A4PUS) on MC4 this morning 8 AM UTC.

The launch of Shelley will make Cardano one of the most decentralized open source blockchain networks. It will be at least 10 times more decentralized than Bitcoin, and this is just the start. The majority of stake pools still have to register themselves on MC4.

Today or tomorrow, we are expecting a new Daedalus Shelley wallet. This new wallet works with MC4 and it will be Shelley compliant. Everyone will be able to import their Byron wallets from the Byron Mainnet and transfer their tADA (test ADA) from last weeks snapshot to a Shelley compliant wallet.

Pool operators can pledge to their pools. regular users and pool operators can delegate to any stake pool.

Everyone can participate in testing with their snapshot tADA by delegating to stake pool.

Get yourself familiar with the procedure in anticipation of the Shelley Mainnet launch coming month . You will be able to earn return on stake on your ADA ownership. For this you have to delegate it to a stake pool. With your delegation you are helping to secure the Cardano network.

In our previous post, we provided a very detailed delegation guide that was based on STN2 (Shelley Testnet 2), this network will be shortly taken down by IOHK. We will rework this document on basis of MC4 shortly once the new Daedalus Shelley wallet is available for us.

Please subscribe yourself to our social media channels so you will notified about the latest version of our delegation guide.

Categories
Shelley Mainnet Candidate Shelley testnet

Delegation Guide

As contribution to the Cardano community, we prepared a Delegation Guide to help you in delegating your owned ADA to a stake pool.

In this guide we explain the “How To’s”:

•Buying ADA at an exchange

•Install the Deadalus Shelley Testnet wallet

•Guide in transferring tADA from the faucet to Deadalus Shelley Testnet wallet

•Choosing a stake pool to delegate to. Questions to ask yourself before you make a choice in delegating your owned ADA to a stake pool

•Learning to delegate your owned ADA, example on basis of tADA from the faucet

•Transferring your ADA tokens from an exchange to your Deadalus Mainnet wallet

You can download our guide in the following url: ADA4PROFIT delegation guide v1.01 07-25020

In our upcoming blog, we will describe how you can restore your Deadalus Byron Mainnet wallet. In the latest Deadalus Shelley Testnet wallet. Showing how to make use of your passphrase to unlock your snapshot tADA for delegation.

Subscribe to our social media channels to get informed about the latest updates about Cardano and our stake pool operation.

Categories
Shelley testnet

Choose an ADA Stake Pool

The time is coming quickly when we as Cardano investors need to select a stake pool to delegate our ADA. Now is the time to evaluate which stake pool or pools we will delegate to.

Just how can you select the right stake pool? There are already hundreds of stake pools on the Haskell Testnet! The answer is, you need to evaluate them and make a decision. It’s not an easy task, but we’ve prepared a video for you that can help.

In this youtube video, we review three ways you can evaluate a stake pool before making a decision to delegate your ADA.

First, you want to pick a stake pool that is producing blocks. That is a key metric for earning rewards. There are many pool operators practicing their chops on the Shelley Testnet. So why not start there?

The Daedalus STN v3 (Shelley Testnet Version 3) has a ranked list of stake pool operators. This wallet has built in functionality that gives you access to information. How many blocks have they produced? How much ADA per epoch do they plan on charging to run their stake pool? How much of their own ADA will they pledge when the mainnet is released? Are the over-saturated? In other words, do they have a too high percentage of pledge and delegation? When the Shelley mainnet is released, over-saturated pools will actually earn less rewards per epoch.

You can also visit pooltool.io, which is an excellent resource to see stake pool performance. What can you find there? Not only can you see how many blocks they’re producing, but the last column, labeled “Actions” shows stake pool details like how many block were minted in the most recent epoch? How many delegators do the have staking to their stake pool? This gives you an idea of how competent the operator(s) behind the stake pool are.

Second, does the stake pool have a social media presence? If they don’t, how will you get information on how your investment is performing? A stake pool that engages with their delegators and keeps them informed is valuable to the community. Not only are delegators kept apprised of performance, uptime, and rewards percentage, but they also can keep up with the latest news and developments. Social media channels that serve this purpose are Telegram, Twitter, YouTube, Reddit, Facebook, and others. Not all have to be used, but make sure you delegate with a stake pool that is willing to engage with you and keep you well-informed.

Finally, try to find out more about the team behind the stake pool. Can you contact them personally? Do they have the skills and expertise to competently run a competitive stake pool? What equipment and infrastructure have they invested in? Is the pool run on a laptop connected by a local consumer ISP? Or, do they run the pool on bare metal servers at a data center that guarantees 99.9% uptime? These are important questions to ask. So ask them! Your investment is important. Take the time to choose a stake pool wisely.

Categories
Website

Japanese Language Added To ADA4PROFIT

On special request from my colleague and for all the very early investors (majority Japanese) who did invest in the Cardano project in the very early stages, we did just add the Japanese language to our website.

As ADA4PROFIT we like to say thank you to all our Japanese friends and early Cardano investors for believing in the vision of Mr. Hoskinson-San and supporting the Cardano project.

These initial investments were crucial to pave the road and get the ball rolling for the Cardano project. Without these investors we wouldn’t have been where we are today.

We all are witnessing the hard work done by Mr. Hoskinson-San, the IOHK team, and many others that are or were actively contributing to the Cardano project. This project was more then just a vision. It became a reality and all the nay sayers are going to be proven wrong.

Cardano (IOHK) is delivering according promises and will deliver in the future. We are convinced that the Cardano blockchain has very strong fundamentals to be successful in a market that is still very young and not mature.

We are glad to be part of this project in the Cardano community. Goguen, will be released later this year. We look forward to the moment where we can start developing real use cases, on the Cardano blockchain.

Categories
Website

ADA4PROFIT Multilingual

Informing a larger audience about the Cardano blockchain and our community stake pool services ADA4PROFIT is one of our goals.

To fulfill this goal we made our website multilingual and can now be viewed in nine different languages; Arabic, Dutch, English, German, Korean, Portuguese, Simplified Chinese, Spanish and Russian.

ADA4PROFIT is a professional stake pool service to secure the Cardano blockchain.

We make use of cloud services and the latest cloud-native techniques to provide our stake pool services.

Our dedicated bare metal servers are distributed over different geographical regions. This guarantees high availability and have no data limit and guaranteed bandwidth.

We are aiming for the best return on stake (ROS) for our delegators and our stake pools.

Feel free to reach out to us. For questions about delegation or our stake pool services.