I plan on starting my pool with a fixed 5% cost of delegators profits and adjust according to demand. Currently the server is fairly tested over time and I know the hardware itself runs fine. I have tested the UPS as for example in this video where power was shut down and the network and computer kept running. Scripts are ready and can automatically pull latest updates from Github, compile it and restart the server pool service and in a simplified way that I can even do this in work and it would take me roughly 5-30 seconds to update and a few minutes to compile source files depending if genesis hash / trusted peers changed. I have prepared routines for updating the server while running the pool so to shave off any down time from this as well. With that said I am not a Sys-op by career and I will for sure have a learning curve in this experience. I expect something will break / go wrong and that I will have to learn from it. In the end I am here for the long haul and I have learned a lot in this process already in the last 2 weeks. I hope I can build trust by being frank, showing my hardware, showing what I do with my software and what plans I have will also be communicated on these pages. I hope you will join me on this journey and we can have this staking pool grow.
Category: General
A very interesting discussion regarding saturation point for staking pools can be found in the Cardano effect episode 64 and not to reveal too much but I learned something new myself on a misconception I had on the subject. I felt we started off a bit slow but after that the discussion picked off pace and hopefully you the viewer find it usefull as well.
I have moved from wordpress hosting due to often down times on the site and instead hosted it on the Ada North Pool server with nginx, wordpress and with Cloudflare as DNS. This ment I had to import the posts from wordpress hosting. Hopefully this means a stable and secure webpage from today and onwards.
Categories
Start of Ada North Pool
Hello, my name is Eystein Hansen and I have been involved in Cardano since around december 2017. Since the very first days I have believed Cardano needs geographical diversification (see for example this post from February 2018: https://forum.cardano.org/t/staking-pools-and-some-issues-that-perhaps-should-be-considered/7711).
I also believe in a working echosystem for Cardano and was part of the group who worked for getting a new board for Cardano Foundation, working with first letter and one of the signers of the second letter (for an overview of the history see #1 https://iohk.io/en/blog/posts/2018/10/12/an-open-letter-to-the-cardano-community-from-iohk-and-emurgo/ and #2 https://hackernoon.com/whats-going-on-with-cardano-3f2996841b21 and #3 https://hackernoon.com/cardano-foundation-chairman-resigns-following-community-effort-50453efd3d3c ).
After that period of governance change (for the better imho) I worked on two ideas for Cardano BitLaw and Family connect:
bitlaw: https://forum.cardano.org/t/bitlaw-a-legal-system-with-a-dsl-for-cardano-governance/18887
Family connect: https://forum.cardano.org/t/possible-idea-for-family-economic-connection/25247
Now I am full circle again where I stared with wanting to be involved in the staking process and trying to make sure that we have geographically and hardware diverse Staking Pools.
I believe it is important the little guys have staking pools and that Cardano is both geographically, individually and hardware wise diversified to protect from attack vectors like governmental attacks, specific hardware vulnerability attacks or cloud based attacks etc. If you agree maybe you could delegate some of your stake with my staking pool?