I'm an engineer in medical technology, currently working as a service technician. My passion is strengthening the Cardano blockchain, as I firmly believe in a decentralized future.
The journey into blockchain started with Bitcoin, but after deeper research, Cardano captured my interest. Its scientific approach, the eUTxO model, Proof of Stake, and the use of Haskell convinced me of its potential.
I run a Cardano pool for myself, friends, and the community, without expecting anything in return. My main goal is to maintain a stable and reliable node in the Cardano network.
Staying informed through social media, I follow open-minded individuals who inspire me. As a more reserved person, I prefer to work quietly in the background, focusing on what truly matters.
Pool Info
As a single pool operator, I run this Cardano stake pool with a focus on long-term stability and sustainability. With a strong commitment to the future of Cardano, I believe in providing a reliable pool for those who share the same "Diamond Hands" mentality. My goal is to offer a solid and dependable option for anyone looking to support the network over the long term.
My pool ID is pool1qn77pnnf6cf22qjjfd2kadudmdc77rw0uxked3m2arnn2ea2f9v.
Operations and Security
Currently, all my nodes are hosted by Contabo, a reliable Virtual Private Server (VPS) provider. Living in a small apartment limits my ability to run hardware at home, so I rely on external providers for infrastructure. While I can't guarantee the same level of failover as large-scale operators, I am committed to improving the setup over time and keeping it as stable as possible.
3 Relay Nodes: Hosted on Contabo VPS with 8 vCPU cores, 24 GB of RAM, and 300 GB of NVMe storage. Two of these relays share peers, while the third is isolated for added security and redundancy.
1 Block Producer Node: Hosted on a Contabo VPS with the same specs, responsible for producing new blocks.
I monitor the pool daily and ensure that everything runs smoothly. Updates are installed as soon as possible, and while minor interruptions may occur during updates, I plan to set up a second block producer for future redundancy.
Performance and Reliability
Since launching the pool, I have successfully minted one block. The rewards may be less frequent for smaller pools, but over time, the consistency balances out. I encourage supporting small single pool operators like mine to promote decentralization within the Cardano network.
Future Plans
I'm considering expanding the infrastructure to additional providers for enhanced redundancy. My long-term goal is to improve the pool’s security and stability, and I hope that decentralized solutions for hosting nodes will become more viable soon.
Pool Costs and Rewards
I've set a low margin of 1% on pool rewards, which I believe is fair given the pool’s operational costs. The fixed costs are kept minimal, and any necessary funding is provided through my day job. My main focus is to keep the pool sustainable without worrying about covering costs.
Governance
Objectives: As a DRep, my primary goal is to make informed decisions based on thorough research and diverse perspectives. I encourage everyone to register as a DRep and make their own choices, as I believe it's crucial to think independently in a fast-paced world. While others are welcome to align with my views, that’s not my main goal. I stand by the principle: Freedom. It's a Choice.
Motivations: I became a DRep to ensure that I have control over my own decisions. My goal is to represent myself and my stake pool delegators, but more importantly, I encourage everyone to take an active role in governance by becoming a DRep. In a decentralized system, it’s vital to rely on yourself and your own informed choices.
DRep ID (CIP-105): drep185r8rr6j9evjs984vnr7haf5cn3qw5w220usk23cxffvwuutaz3
DRep ID (CIP-129): drep1yg7svuv02gh9j2q574jv06l4xnzwyp63effljze28qe993caj8ras
Qualifications: Every decision is thoroughly researched and thought through. I do not approach governance as a stake pool operator but as a user of the Cardano blockchain, and I can separate these roles effectively. I never act emotionally but consider myself a rational thinker. I take time to listen to various opinions, even those that initially seem incorrect, as the right path may be hidden behind them. I choose the right way, not the easy one.
Tools and Resources: I use the tools available in the Cardano ecosystem, and I am particularly interested in how platforms like gov.tools will evolve in the future.
Unique Approach: I have no expectations of winning votes and do not aim to persuade others. I support free speech and freedom of choice, without pushing anyone into anything. My role as a DRep is simply to make decisions that I believe are right, not to gain influence.
Future Plans: I have no intention of expanding my role as a DRep further. My commitment is firm, but this is the extent of my engagement.
Contact
If you have any questions, suggestions for improving the stake pool or my DRep activities, or interesting project ideas, feel free to reach out. I am always happy to share my knowledge about blockchain, Cardano, and medical technology. I'm especially interested in tips or ideas on how to decentralize services as a medical technology service technician.
I check my email daily, but I prefer thoughtful messages, so please avoid sending quick chats. I also welcome feedback on how I can improve the website, pool, or DRep activities, as well as any inquiries related to medical technology.
Disclaimer: The information provided on this website is for informational purposes only and does not constitute financial, investment, or other professional advice. While I share my personal experiences and approaches in handling ADA, all readers should conduct their own due diligence and consult with a professional financial advisor if necessary.
Investing involves high risks, including the risk of losing all invested capital. The cryptocurrency market is volatile and can be influenced by external factors beyond the control of the website operator.
The operator of this website assumes no liability for any losses or damages resulting directly or indirectly from the use of the information provided on this website. Each user acts at their own risk and is solely responsible for their investment decisions.
FAQs
Where can I buy Cardano (ADA)?
You can purchase ADA on various cryptocurrency exchanges. I personally use Bitpanda.
Staking helps secure the Cardano network by using your ADA to generate new blocks. Always stake your ADA from your personal wallet and withdraw it from exchanges to ensure full control over your funds.
What is liquid staking?
Liquid staking allows you to move or send your ADA back to an exchange at any time, even while it’s staked. Rewards are distributed after the initial staking period of 3 epochs, and then every epoch. In my pool, rewards typically arrive every 7 epochs, though this can vary due to factors like pool performance and game theory.
How do staking rewards work?
Staking rewards in Cardano depend on the performance of the pool. After the initial staking period, rewards are distributed every epoch. Smaller pools, like mine, may receive rewards less frequently, but the returns even out over time.
Why should I stake my ADA?
By staking your ADA, you help secure the Cardano network and participate in its decentralization. It's a simple way to earn passive rewards while contributing to the long-term success of Cardano.
What should I know about hardware wallets?
For enhanced security, always use a hardware wallet like Keystone to store your ADA offline. Never store your passphrase digitally or on your computer. Keep it safe in a secure, offline location.
Resources
These videos, websites, and tools are personally used and regularly updated. The resources, especially the DEXes, are platforms where various Cardano native assets can be traded. While these resources are well-known within the Cardano community, they are particularly valuable for newcomers looking to understand the ecosystem.
I personally use these resources to stay informed, manage my staking, and explore opportunities in liquidity provision and farming. By doing so, I generate additional coins which I collect or trade. I also rely on explorers to monitor the Cardano blockchain and wallets in real time.
These recommendations will be continuously expanded with new content that I personally use and find valuable.
Charles Hoskinson's TEDx Talk:The Future Will Be Decentralized - A must-watch, where Charles Hoskinson discusses the future of decentralized technologies.
Blockchain Lab: Nakamoto Coefficient:The Nakamoto coefficient - A measure of blockchain decentralization with valuable insights and metrics.
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Disclaimer
The information provided on this website is for informational purposes only and does not constitute financial, investment, or other professional advice. While I share my personal experiences and approaches in handling ADA, all readers should conduct their own due diligence and consult with a professional financial advisor if necessary.
Investing involves high risks, including the risk of losing all invested capital. The cryptocurrency market is volatile and can be significantly influenced by external factors beyond the control of the website operator.
The operator of this website assumes no liability for any losses or damages resulting directly or indirectly from the use of the information provided on this website. Each user acts at their own risk and is solely responsible for their investment decisions.
