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RE: Proof of Stake: Earning(?) Staking Reward

in #cryptocurrency • 5 years ago

I do have some ADA but I have no idea how to stake the coins, they've just been sitting in a cold wallet somewhere. It's not just the pool getting over-saturated but my head is with all these different technologies and proof of somethings haha!

5 years ago in #cryptocurrency by
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     5 years ago 

    Don't worry about your ADA in cold wallet. The dilution of coins by inflation is a principle thought rather than an immediate problem. It will be important in the end game (i.e. when everybody who wants or needs ADA has already bought them) - for now the price increase due to adoption is probably going to outweigh the dilution.

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       5 years ago 

      Thanks for the info here, I'll keep my eyes peeled either way with ADA, it was more of a "punt" than anything.

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