XSEC is a small Cardano ADA Stake Pool that aims to be the most secure, stable and reliable Cardano Pool in the ecosystem.
We are passionate about technology and decentralization. We believe that many of today’s problems stem from the centralization of power and the corruption of the established institutions. For that to be fixed we need an infrastructure that’s fully decentralized.
web3 is the next iteration of the Internet where the main focus will be decentralization and AI. Cardano is one of the pioneer projects that aims to disrupt the centralized internet we have today. That’s why is so important to have as many Cardano nodes as possible, and for that to happen the nodes have to be small in delegation size.
That’s the main reason for XSEC to exist: to contribute to the decentralization of the Internet (being a small pool), participating in the most decentraliced web3 network at the moment, Cardano.
XSEC Cardano Stake Pool is a professionally run node with enterprise-level infrastructure and operated by certified DevSecOps engineers with over 20 years of supporting complex distributed enterprise level systems. We run the node at the highest standards of security, stability, reliability and performance.
We are extremely experienced DevSecOps engineers with over 20 years of experience designing and operating complex distributed systems with high availability requirements.
We have the know-how and the experience to setup, operate and monitor a Cardano ADA Pool with the highest standards in security and reliability.
We maintain the node with the highest levels of profesionality, as we've done throughout all our professional lives maintaining high availability distributed systems.
Our nodes are running with plenty of spare capacity, are monitored constanly and will scale up as soon as the network requires more resources.
We believe that web3 will be decentralized. For that to happen power can't be hold in the hands of the few. That's why it is of capital importance to have as many Cardano ADA Pools as possible instead of a limited number of big ones.
XSEC starts as, and always will be a small pool.
That's it's reason to be.
We wanna encourage everybody to delegate to small pools. That's how the Cardano platform grows healthly and operates the way it has been designed. For that reason we don't keep any percentage of delegator's rewards. All rewards are distributed to delegators in full proportionately to their stake.
All Cardano pools in the network average about 3.5% APY. It doesn't matter if the pool has 30M ADA staked or 50k. In fact there is a sweet spot where delegating to small pools gives above average returns.
We only keep 340 ADA from the rewards (only if the pool mints a block, and maximum once per epoch). That's the minimum the Cardano protocol allows at the moment. Keeping the minimum possible operator fee allows us to distribute as many rewards to delegators as possible.
Ada is a digital currency. Any user, located anywhere in the world, can use ada as a secure exchange of value – without requiring a third party to mediate the exchange. Every transaction is permanently, securely, and transparently recorded on the Cardano blockchain.
Every ada holder also holds a stake in the Cardano network. Ada stored in a wallet can be delegated to a stake pool to earn rewards – to participate in the successful running of the network – or pledged to a stake pool to increase the pool’s likelihood of receiving rewards. In time, ada will also be usable for a variety of applications and services on the Cardano platform.
More info: https://cardano.org/what-is-ada
There are two main blockchain protocols: proof-of-stake (PoS) and proof-of-work (PoW). These protocols are consensus algorithms for distributed networks: rulesets that dictate how networks – made up of thousands of nodes – agree on new additions (blocks) in a permissionless setting.
Proof-of-work is the blockchain protocol used by bitcoin. Proof-of-work began a revolution: it enabled the creation of secure, permissionless, distributed networks. But to achieve consensus for each new block, proof-of-work requires an enormous amount of energy: an amount so large that the supporte blockchains struggle to sustain and scale to the performance requirements of global networks.
Proof-of-stake answers the performance and energy-use challenges of proof-of-work, and arrives at a more sustainable solution. Instead of relying on ‘miners’ to solve computationally complex equations to create new blocks – and rewarding the first to do so – proof of stake selects participants (in the case of Cardano, stake pools) to create new blocks based on the stake they control in the network.
Ouroboros is the first provably secure proof-of-stake protocol, and the first blockchain protocol to be based on peer-reviewed research. Ouroboros combines unique technology and mathematically-verified mechanisms – which, in turn, combine behavioral psychology and economic philosophy – to ensure the security and sustainability of the blockchains that depend upon it. The result is a protocol with proven security guarantees able to facilitate the propagation of global, permissionless networks with minimal energy requirements – of which Cardano is the first.
At the heart of Ouroboros is the concept of infinity. Global networks must be able to grow sustainably and ethically: to provide greater opportunities to the world while also preserving it. This becomes possible with Ouroboros.
Ouroboros facilitates the creation and fruition of distributed, permissionless networks capable of sustainably supporting new markets.
