ADA is the token for the Cardano network. Cardano is a third generation, decentralized proof-of-stake
(PoS) blockchain. Cardano was started in 2015 by one of the co-founders of Ethereum, Charles Hoskinson.
Cardano and it's ADA
token were launched in 2017. Cardano has gone through multiple development "eras". Each era goes through
peer
reviewed academic research, prototyping, and development.
Proof-of-stake is a type of consensus mechanism used by some cryptocurrency blockchain networks.
Cardano uses Block Producers (part of a "Stake Pool") to create new transaction blocks and validate
transactions via the Ourboros protocol.
Holders of ADA can help secure the network by delegating their ADA to a Stake Pool (like our 4WARD
pool).
In return, holders are
rewarded with ADA when the
Stake Pool generates new blocks.
You will need to buy some ADA on an exchange first. After your deposit clears, you will be able to send
your ADA to a wallet like Eternl or Nami.
Within Eternl and other ADA wallets, you can choose a pool and delegate to it. The entire process
generally takes 5 to 10 days depending on
the exchange you choose. When you delegate your ADA, there is no lock period and you never give anyone
else control over your ADA.
You always maintain the "keys".
If you are ready to delegate, visit us on Cexplorer.io!
Cardano uses Epochs to define a period of time that a set of randomly selected pools will be active.
The
random selection is weighted with a number of
parameters, one being the total delegation to the pool. The more delegation a pool has, the higher
chance
it has to be active for a given epoch.
When your delegated pool is selected to be active and it creates blocks during that epoch, you will get
rewards from that epoch in 2 epochs time.
The timeline looks like this:
You delegate your ADA to a pool during Epoch A (1 to 5 days)
Epoch B, your pool is active and you earn rewards (5 days)
Epoch C, rewards for Epoch B are calculated (5 days)
Epoch D, Rewards for Epoch B are paid out (5 days)
There are a number of amazing veteran charities. They help veterans and their families with financial
issues;
physical, emotional, and psychological issues; housing; education; and many other things that many of us
take for granted.
The Third Option Foundation specifically supports the operators (and their families) of the CIA Special
Activities Center. These operators
put themselves in the most dangerous situations in the world, usually behind enemy lines. Their work is
covert, leaving them with
not much more community support than their families. Also, because of their covert nature, they often
aren't
eligible for support from military veteran charities.
The Third Option Foundation is the only organization that fills that gap. They provide crucial
survivorship assistance and resiliency programs to heal the wounded, help the families of those we have
lost, and support those who are still serving.
About a year ago, I met Billy Jensen and Check
Freedman, the founders of Captive Audience, at
Kore Krav
Maga in Ashburn, VA. They created Captive Audience
to provide security, travel, self-defense, firearms, and survival courses designed to develop the skills
needed to maintain situational awareness and
survive in kidnapping, extortion, active shooter, natural disaster, and crisis situations at home and
abroad.
Requests for their services have spiked since Russia invaded Ukraine in early 2022.
In response to these requests, Captive Audience has started #OperationCaffeinatedVikings.
Our pool operator, Steve Fisher, met 500 Rising's founder, Dr. Tammy McCracken, through her Krav Maga
training center,
Kore Krav
Maga in Ashburn, VA. His personal life experience pushed him to getting involved with her
non-profit, 500 Rising. He's since gone on to become a licensed instructor through 500 Rising for "Instructional Foundations in
Women's Self-Defense".
500 Rising's first mission is to train female instructors in essential self-defense (however, they do
invite and encourage men to get involved). They support these
women as they reach out to
their communities and networks to make a difference in the stubborn statistics of violence against
women.
The ADA for Warriors pool currently has a minimum fee of 340 ADA and a 0% variable fee. When our pool
is
active, the income for the pool will be 340 ADA for the epoch (the remaining ADA will get distributed to
all of the delegators
based on their delegation percentage vs the total delegation).
To reduce the amount of fees paid, donations will typically be made during the last epoch of each
month.