sebastian

Why are blockchains, like Ethereum, for which you lose control of your token for some functions like staking, worthless

Fundamental to the blockchain is whether it makes it possible to solve the trust problem. This means whether it is possible to use all the functions of the network without having to trust a third party or anything other than your own machine and your own judgment. A central problem, of the financial world to …

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The FIAT crisis

I haven’t blogged for a long time. Now, as the new year begins, I have something for you that I think we should all be thinking about. How our world is and how it could be. Here now is part 1 of a three part series on the FIAT crisis and what it has done …

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Joined! xSPO Alliance

Today, the FIRE-Pool joined the xSPO Alliance (The extraSmall SPO Alliance)! This is a group of Stake Pool Operators running pools that began with < 1m ADA. The Cardano network suffers from staking centralisation, due to the big exchanges like Binance. To solve this problem, groups like the xSPO Alliance are called into life. We …

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The donation for the last block rewards

The donation from our earning of our last block goes to the “Deutsche Krebshilfe” (German Cancer Aid). An organization that helps people with cancer. We got 600ADA operator rewards, which means we will donate the 60 Ada. In FIAT 76€

We minted our first block!

Today, our cardano stake pool, the FIRE Pool, minted its first block on the cardano blockchain. It is a small pool and we are extremely happy to anounce this news. It is very important for the cardano ecosystem, that small private pools like ours are an alternative to the big exchanges. Thanks to our delegators, …

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