Cardano Daily Discussion – June 25, 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 - June 25, 2022

7 thoughts on “Cardano Daily Discussion – June 25, 2022”

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

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  1. Just updated ledger live, which is now showing the ada balance, although it doesn’t appear to show any ada from staking (which was done a year ago on Deadealus). Any idea why that might be?

  2. How to maintain privacy when staking? The stake key is linked to every wallet’s subaddress so everyone can see all my funds and txs of my wallet using any receiving address.

    Is it possible to use a second non-staked wallet to route transactions through and to break the link to my main wallet when receiving Ada?

    Example: Bob is my friend who I see in person. Bob wants to send me Ada. I give him my wallet’s address and he can look it up on an explorer, sees that I’m staking and has all my txs and total Ada on the screen. How to prevent that?

  3. Does Cardano fall under a security or a commodity? I’m a little concerned about it being under sec control. As far as I’m aware many alt coins fall under the security definition.

  4. Surprise 30 dollar check from a hospital I was at two years ago. I know what I’m doing with it on Monday.

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