The Cardano project adds a new feature to get more ADA coins
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Answer The Cardano project adds a new feature to get more ADA coins
A new update to the “testel Shelley” Cardano project has been successfully launched and users with Cardano have been informed that they will be able to earn “ADA” tokens starting in November, after the company has completed all the staking requirements.
The new announcement was revealed at the recent Cardano Summit in Bulgaria, where Charles Hoskinson, CEO of IOHK, said:
We’re on track to unveil our newly designed testnet by November.
And it’s a little sandbox… like Cardano.
The only difference is that you can register in it as a group and an aggregation pole, it can also be delegated, and it will have all the interfaces to actually start the aggregation process.
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The new update announced by Cardano is included in the Shelley update.
Some of its protocols have been successfully released pending user testing.
via Mr.David Esser, Product Manager at Cardano, said it was time for real user testing.
It’s the beginning of Shelley, where there are real rewards
The Shelley update is expected to go live on the mainnet starting next year.
As for the laws that will enable “ADA” coin holders to benefit from the “staking” process
This can be done by all users holding the coin and it is enough to use the “Daedalus” wallet to take snapshots at different times and give rewards later.
However, there are some limitations, as mentioned by the company’s employees, which are represented in the inability of users to use the coins gained from the accumulation operations in selling and exchanging in the trading platforms and may be used in the future on the main network of Cardano.
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