Donation to Gnadenhof-Anna
Theoretically, we can all make a difference! Our first support from the 3 blocks produced went out to the animal welfare organization @gnadenhofanna in the Eifel (Germany). The Gnadenhof-Anna has the mission to give old and sick animals a chance for a nice and species-appropriate life. Unfortunately, the flooding in Germany hit the farm very hard, so we decided to join this association. We are happy to be able to support many more great charitable projects in the future with each newly produced block. If you would also like to find out more about Gnadenhof-Anna or support it as well,...Read More
Project Catalyst – Shaping the Future of Cardano
What is Project Catalyst? Project Catalyst was created by IOHK to drive innovation more effectively and to involve the global community even more in this process. From the beginning, IOHK has thus set itself the goal of gradually putting Cardano in the hands of the community and working closely with the people within this community. IOHK itself intends to be involved in the day-to-day operation of Cardano later on only at the request of the community. With such an international community of entrepreneurs, experts and professionals around the globe, a hitherto unknown source of inventiveness is revealed. So anyone can...Read More
Centralized stakepools vs. decentralized stakepools – What are the advantages and disadvantages?
Decentralized stakepools For example Honey Stake Pool. Advantages + Permanent access to the stowed ADA (ADA do not have to be sent to the pool, but continue to reside in their own wallet). + No minimum duration for staking (no lock of the staked ADA) + support of the decentralized idea of Cardano + no risk for the user to lose his ADA Disadvantages – smaller stake rewards. Central Stakepools Advantages + higher staking rewards compared to a decentralized small Stake Pool. Disadvantages – No access to the staked ADA, as these must be located on the exchange and cannot...Read More
Your start in cryptocurrency
I have been dealing with the topic of "cryptocurrencies" for more than four years now and would like to share my experiences and impressions with you within the scope of this blog post. This article is primarily intended to help you get started in the complex field of cryptocurrency and increase your curiosity to learn more. What this won't be about is recommendations or tips regarding promising investment opportunities. So, it's kind of a step-by-step guide for crypto beginners. People have been talking a lot about cryptocurrencies for quite some time now and more and more people are toying with...Read More
Buying and storing cryptocurrency
Now that you've already read a bit about the approach, let's talk about buying, storing, as well as selling the currencies. There are many different marketplaces where cryptocurrencies can be bought or sold. This does not exactly make it easier to get started. For the German or European user, I can recommend the marketplace Bitpanda. Purchasing via Bitpanda Bitpanda is based in Austria and is therefore also regulated under European law. To buy or sell cryptocurrencies on this marketplace, you have to authenticate yourself, mostly via video chat. Most people already know Videoident from opening their own online bank account...Read More
Buying cryptocurrency – A step by step guide
After past blog posts have already gone a lot into the theory surrounding cryptocurrency, this post now goes deeper into practice. This is a step by step guide to buying a cryptocurrency for the first time. Once you have informed yourself in detail about the individual currencies and then decided on a portfolio, there are now a few steps to follow until you buy the currency. Which Exchanges you can use to buy, we had already presented in the blog post "Your start in cryptocurrency". If you haven't read that post yet, you can easily go to the link. Initial...Read More
Blockchain – explained in 5 minutes
In the context of this blog post, now we deal with the topic "Blockchain". The Blockchain or Distributed Ledger Technology (DLT) called, very simply expressed, is nothing more than a database. In itself, this is not very innovative and not necessarily something new, you might think - but it's not that simple. What is a blockchain? Blockchains are, as the name suggests, a chain of blocks. These blocks build on each other and contain information. The type and nature of the information depends on the respective blockchain. If a blockchain is used on the crypto market, the blocks contain, among...Read More
What is Cardano and why should you have it on your radar?
Cardano is a proof of stake blockchain platform that aims to enable the execution of a variety of blockchain apps (for example, smart contracts). Founded in 2015, the project serves as the foundation of the ADA cryptocurrency. The motivation behind the creation of Cardano is to address and optimize known difficulties of existing cryptocurrencies. Cardano is the first and so far also the only project that was developed based on scientific knowledge and approaches. Who is behind Cardano and what is their vision? Cardano is backed by a whole alliance consisting of the company IOHK (Input Ouput Hong Kong) of...Read More