Post
Topic
Board Announcements (Altcoins)
Re: Cardano (ADA): A New Cryptocurrency and More
by
miningguru
on 03/08/2020, 12:07:07 UTC
Hi Guys,

I have a simple question about ADA staking, do i need to keep my wallet open to stake?

I've used the search options, but searching on bitcointalk.org is not working great.

Thanks

No, you don't to keep you wallet open
You just need to delegate and that's it
Then you can check from time to time your rewards and how your selected pool is performing (i.e. you might wish to re-delegate later)

Now anyone can stake the ADA coin or we need to wait for the company for live version for staking. In POS model the beauty of block chain is we need not open the wallet for getting rewards, we have to follow the same procedure what we are doing with the other staking coins.