Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,48 trillion. Bitcoin increased by nearly 5% to reach around $40,000. Ethereum is up by almost 4% to cement its price above $2,100. XRP lost almost 1% in value this week. Almost all altcoins are trading in the green, with some exceptions. The DeFi sector increased the total value of protocols (TVL) to around…
Flowr
Flowr – A Cardano-Based Stake Pool for Your ADA Coins
Cardano is a blockchain platform with unique features, including the ability to execute smart contracts and decentralized applications. Cardano also uses a proof-of-stake algorithm called Ouroboros, which allows users to stake their tokens to receive rewards. In such a context, the Flowr project has emerged on the market panorama. This initiative designed a competitive ecosystem allowing Cardano investors to stake their ADA coins in a new way. Today’s review will look into Flowr, from its purpose to its architecture. This…
1 year ago 1.5 k views
How to Choose the Most Lucrative Cardano (ADA) Staking Pools
A staking pool is where multiple stakeholders can combine their computation resources to increase their chances of getting a reward. In layman's terms, staking pools allow stakeholders to unite their staking power in verifying and validating new blocks, thus increasing the probability of earning block rewards. A pool operator manages a staking pool where the stakeholders who join the pool lock their digital assets in a specific blockchain address (wallet). It is important to note that the number of rewards…
2 years ago 11 k views