Why the BRAVO stakepool
We believe in the power and the possibilities of the Cardano blockchain, we also believe that the Cardano blockchain is going to be the number one in the crypto space. And we want to be part of this revolutionairy masterpiece. We like to challenge the status quo and we know that it’s possible with Cardano.
Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods. It combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies. We know the importance of security so we take every possible step to improve the security of our servers, so you can delegate your ADA without any worries. Besides when something goes wrong at our servers, you never loose your ADA. Because your ADA will not leave your wallet during the whole period of staking.
Cardano is a proof-of-stake (POS) blockchain platform: the first to be founded on peer-reviewed research, developed through evidence-based methods. It combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies. Besides, with more than 2800 active stakepools, Cardano is the most decentralized blockchain of the world.
With a leading team of engineers, Cardano exists to redistribute power from unaccountable structures to the margins – to individuals – and be an enabling force for positive change and progress.
By launching the Shelley upgrade, Cardano introduced staking rewards for users who hold the ADA cryptocurrency. So If you decide to stake(delegate) your Cardano (ADA tokens), you’ll periodically earn a return on your investment. This period is flexible and you can decide to undelegate your ADA at any time or stake your ADA at another stakepool. Staking also helps the Cardano network: it is the process by which validators are selected to create a new block and process transactions.
Cardano staking operates on a cyclical basis rewards are paid out every “epoch,” (period of 5 days).
The “Delegation Cycle” picture gives you a overview of the staking timeline. After the moment you stake your ADA, you have to wait 4 epochs before you receive rewards.
How to stake @ the Bravo Stakepool
Yoroi is a light wallet for Cardano. It’s simple, fast and secure. Yoroi is an Emurgo product, engineered by IOHK. And it follows best practices for software in the industry including a comprehensive security audit. Daedalus and Yoroi are complements to what they try to achieve. Yoroi looks to be a day to day wallet for a Cardano user.
Daedalus is a full node wallet. Daedalus downloads a full copy of the Cardano blockchain and independently validates every transaction in its history. That way you get maximum security and completely trustless operation, without centrally hosted 3rd party servers.