INTRODUCING SILVER CITY
A Blockchain Network Stakepool Node for the CARDANO Digital Currency (ADA)
Thanks to our StakePool for the Cardano (ADA) digital currency, you can now grow your digital currency gains. Silver City offers a dedicated secure cloud server, high pledge, and low margin fees to maximize your rewards. So what are you waiting for? Delegate and earn your rewards with Silver City today!
Paving the Way to Greater Rewards
In 2020, Silver City had a vision that transports users into a world where digital assets make people's’ lives better. From the " The Post-Industrial Central Connecticut Valley", Silver City is a budding project determined show the world what an economic renaissance can be like. We have carefully built our Cardano (ADA) StakePool Blockchain Node to give the users what they want — the chance to enhance their digital asset gains. Using an "always-on" cloud-based sever, and the support of dedicated IT experts, Silver City offers solid performance and architecture on which to base your Cardano (ADA) digital asset delegation and rewards strategy.
WHAT DOES SILVER CITY ACTUALLY DO?
Silver City is a Blockchain Node StakePool Node designed for users of the Cardano (ADA) digital currency. We are part of a decentralized network of globally distributed blockchain nodes powering the next global financial operating system.
OK. WHATS THE CATCH? IS MY CARDANO (ADA) DIGITAL CURRENCY LOCKED-UP IN A CONTRACT? WHO MANAGES CUSTODY OF MY DIGITAL CURRENCY?
Whats great about the Cardano Blockchain Network Staking process is that it does NOT require your ADA digital currency to be locked-up for a term—you can "un-stake" your ADA digital currency or switch to another Cardano (ADA) Blockchain Node instantly at any time with NO strings attached. Zero, Zilch, Nada...Easy as a mouse click.
Also, your Cardano (ADA) digital currency NEVER LEAVES YOUR CUSTODY - meaning your funds will always remain in your own wallet. Awesome...
I’VE SEEN OTHER STAKEPOOLS THAT SERVE SIMILAR PURPOSES. WHAT MAKES YOURS THE BEST?
...we can't say we are, but we can tell you that we strive to be with low fees, a dedicated server, high pledge, and passionate, professional operators.
WHAT ARE THE TYPICAL RETURNS FOR DELEGATING (STAKING) MY ADA TO A STAKE POOL?
Every stake pool is different and the rewards are constantly evolving with the technology. Currently, most efficient StakePools are typically generating between 5 -12% earned annual rewards. You can click the "how are we doing?" link above and access more detailed information about our technical performance using PoolTool and also use our Rewards Calculator button above to get some general estimates.
WHY THE CARDANO BLOCKCHAIN INSTEAD OF ANOTHER BLOCKCHAIN NETWORK?
Cardano is a decentralized PUBLIC blockchain and cryptocurrency/digital currency project that is fully OPEN-SOURCE. Cardano is developing a global blockchain network which seeks to deliver more advanced features than any other blockchain network previously developed. Using a research-based, academic approach - the development teams consists of a global collective of some of the brightest computer scientists, researchers, and engineers on planet Earth.
This uniquely collaborative effort has steadily constructed the most precisely engineered blockchain network and cryptocurrency/digital currency (digital asset) yet in existence. Using the computer science " Formal Methods" approach and peer-review, Cardano arguably has the highest quality computer code in the entire Cryptocurrency industry. Yeah, that's right - see it all for yourself on the GitHub repository, or in Cardano's more than 40 published peer-reviewed academic papers.
The result is the first cryptocurrency/digital asset to be based in Haskell code, an 'industrial strength' code that delivers the security and resilience necessary for mission-critical systems and engineered for efficiency and scalability. It will be the most complete and useful blockchain network and global financial operating system ever constructed. Period.
This Proof of Stake Blockchain pool operator is not a money transmitter, under Wyoming State and United States Federal law, and does not engage in the sale, transmission, transfer, or storage of any type of money, currency, or convertible virtual currency. This pool operator does not engage in purchasing and exchanging any form of currency, or convertible virtual currency, between persons or accounts, and does not operate a Money Services Business. This pool operator only facilitates the mining of blocks for mining pools and contract purchasers, and is not a money transmitter nor subject to the Bank Secrecy Act regulations, as these transfers are integral to the provision of services. This pool operator does not control user access, domestic or foreign, to the blockchain, or access to the mining pools. Once materials have been obtained after mining the blocks through the Proof of Stake platform, this pool operator is not liable for what the pool miners or contractors do with said materials outside of the platform. Wyo. Stat. Ann. § 40-22-104(a)(vi) (Current through 2020 Budget Session and First Special Session of the Wyoming Legislature) and 31 C.F.R. § 1010.100(ff)(5)(B)(ii)(F) (current through the June 11, 2020 issue of the Federal Register).
If you are from a country listed on the U.S. Treasury Department's Office of Foreign Asset Control (OFAC) or as a Specially Designated Nationals (SDN), you are not allowed in this pool due to unclear U.S. regulations. and https://www.treasury.gov/resource-center/sanctions/SDN-List/Pages/default.aspx
Updated: August 1, 2020