Cube Stake Pool
3fa23ca8cd6f59060969d30d40fd8f8041036fae56e66e5e93d8db45
Ticker
Fixed Fee
Variable Fee
CUBE
340₳ / Epoch
1.5%

Nodes Specification

Why stake with Cube?

Cube focuses on decentralisation and believes in Cardano and its future. Cube will always make sure to help the community and network by operating the stake pool with minimizing the fees and maximizing the security, reliability and high availability.

But I am new. No problem, read on.

What is Cardano?

Cardano is a blockchain platform for changemakers, innovators, and visionaries, with the tools and technologies required to create possibility for the many, as well as the few, and bring about positive global change.

What is ADA?

Ada is a digital currency. Any user, located anywhere in the world, can use ada as a secure exchange of value – without requiring a third party to mediate the exchange. Every transaction is permanently, securely, and transparently recorded on the Cardano blockchain.

Every ada holder also holds a stake in the Cardano network. Ada stored in a wallet can be delegated to a stake pool to earn rewards – to participate in the successful running of the network – or pledged to a stake pool to increase the pool's likelihood of receiving rewards. In time, ada will also be usable for a variety of applications and services on the Cardano platform.

What is Stake?

Ada held on the Cardano network represents a stake in the network, with the size of the stake proportional to the amount of ada held. The ability to delegate or pledge a stake is fundamental to how Cardano works.

There are two ways an ada holder can earn rewards: by delegating their stake to a stake pool run by someone else, or running their own stake pool. The amount of stake delegated to a given stake pool is the primary way the Ouroboros protocol chooses who should add the next block to the blockchain, and receive a monetary reward for doing so.

The more stake is delegated to a stake pool (up to a certain point), the more likely it is to make the next block – and the rewards are shared between everyone who delegated their stake to that stake pool.

What is Stake Delegation?

Delegation is the process by which ada holders delegate the stake associated with their ada to a stake pool. It allows ada holders that do not have the skills or desire to run a node to participate in the network and be rewarded in proportion to the amount of stake delegated.

Sounds interesting? read more on cardano.org

The future will be decentralized. Charles Hoskinson