Cardano Daily Discussion – July 02, 2022

Hello everyone,

Welcome to the Cardano Daily Discussion!

The standard sub rules apply here (see sidebar), with the exception that price discussion is allowed in this thread, though we encourage you to try not to make this the focus and talk about the project itself. Please ask questions, help others and be civil – be sure to get involved in Project Catalyst too!

If you're new, please make sure you're read through the newbies guide and share it with others (use the ?newbies comment command to reference it).

⚠️ Scam Warning ⚠️

Please read the Cybersecurity guidelines for Cardano Users.

There are ongoing giveaway scams on youtube and many scammers lurking in Cardano's social channels impersonating ambassadors/moderators/official staff contacting users via direct messages.

For example, searching 'cardano' on youtube and sorting by most recent upload date shows several giveaway scams running (all videos in screenshot are scams):

Ongoing 'giveaway' scams on Youtube

The youtube scams are automated; use stolen footage usually of Charles Hoskinson and are restreamed so to appear to be 'live'; appear to have many watchers (which are bots); use bought hacked channels and are edited to appear like official channels.

Do not be fooled!

To be clear:

  • ⚠️ There is no such thing as a Cardano giveaway
  • ⚠️ Never share your seed phrase with ANYONE
  • ⚠️ Never send ADA to someone promising to send you more ADA back
  • ⚠️ You will never be contacted by ambassadors/moderators/staff

Please report scams on the Cardano Fraud Detection Bureau.

⚠️ Scam Warning ⚠️

reddit imageCardano Daily Discussion - July 02, 2022

6 thoughts on “Cardano Daily Discussion – July 02, 2022”

    • NEWBIES GUIDE Start here
    • PROJECT CATALYST Propose and vote on projects
    • ⚠️ PSA – SCAMS Be wary of common scams!

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  1. Recenty used a bit of ADA to pay for a service from an online merchant who accepts ADA, btc. Sent funds from Yoroi and it took around 6-10 minutes to settle transaction. Overall though, it was good spending that ADA knowing I will get it back through staking 🙂

  2. Just added a few new projects to cardanoispo.com if you are looking to stake with an ISPO!

  3. Hello everyone!

    17 days left for you

    to participate in the contest for the best VISUAL Cardano ecosystem mapping.

    Check out the details on the website. https://visualcardano.com/

    Total rewards $7000 in ADA for the top 5 visuals!

    Funded by the community trough Project Catalyst Fund 8!

  4. Hey guys
    What is your average purchase price at Adas? Is now a good time to lower the average purchase price or should I wait a little longer?

  5. Question about my ledger wallet. I have the nano s. I downloaded the Cardano app and realized it takes up 80% of the storage and I now can’t download any other apps to store my other crypto. Did I make a mistake buying the s?
    And also, I did a small transfer of 200 ada as a test to make sure it’s good. My ledger received them in like 10 seconds. I then sent the rest in bulk over, and it’s been one hour and they still haven’t arrived and I’m starting to get worried.

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