What made me become a Single Pool Operator, was Charles Hoskinson speech at TEDxBermuda- “The future will be decentralized”, and I believe Cardano can change the world.
Cardano will be the world’s top choice as a financial system; scalability, security, reliable, programmable, decentralized, self-governed, native tokens, cheap transaction fees and more, and this is just the beginning. I am proud to be part of this, something bigger than myself.
Whoami; Professional in Information Technology for over 25 years, with a background working for companies such as IBM and Air Canada. Finding quite easy to run a pool and have my ideas aligned with CH’s ideas, I thought I could help in some way and decided to run a pool in Cardano.
The inception of my pool was back in January 2021, and after five months of testing, AdaLoop was born and deployed on Mainnet. Today, I’m still running my pool on Preview to test different settings and early code releases before any upgrade to Mainnet.
Some technical details can be found by scrolling down the page.
Short time after deploying on Mainnet and seeing that Multi-Pool operators could be a potential threat to Cardano decentralization, I joined Cardano Single Pool Alliance.
An alliance which is built on the back of around 300 single stake pool operators like me, and not an organized entity.
At the time of writing this, we are still holding by stake around 27% while Nakamoto Coefficient MAV is at 34 according to Cexplorer
I think that every delegator should be aware of this parameter, as it helps decentralize Cardano by staking with single pools. Here is an article written by Prof Aggelos Kiayias on how to stake in Cardano and how to find a good staking pool.
Some technical details about the pool
- 3x Baremetal server-grade hardware with Intel Xeon E5 (2 Sockets)
- Servers co-located in Datacenter
- Block Producers: 1 main and 1 standby
- 16-Core CPU, 64 GB RAM, 980 GB DataCenter SSD on Block Producers
- 16-Core CPU, 64 GB RAM, 980 GB DataCenter SSD on Relay Nodes
- 2 extra VPS for Relay Nodes, 10-Core CPU, 24GB RAM, 600 GB SSD with 2 different cloud providers
- Monitoring systems with email and telegram notifications
Statistics about the pool provided by Cexplorer are available here
