Promote the Cardano community through the Portuguese language
Riverpool Cardano Stake Pool | RIVER | 24/7 professional IT team
Riverpool is a Portuguese project that aims to promote the Cardano community through the Portuguese language. Since 2017, we have followed the evolution of the Cardano project, an open-source project taking large steps towards the sustainable development of the blockchain and minimizing the impact of financial intermediaries on our personal finances. We also believe that the financial paradigm shift must be based on solid scientific bases, with development teams from some of the best universities from around the world.
Following the success of Bitcoin, thousands of other cryptos were created. Some of these have become well-known names in the digital assets market, such as Ethereum and Ripple. One of these examples is the blockchain project developed by the company Input Output Hong Kong (IOHK), which takes the name of Cardano.
Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods. It combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies. After the initial development of Bitcoin (first-generation blockchain), and Ethereum (second generation blockchain), the implementation of the Ouroboros protocol, brought by Cardano, brings cryptocurrencies to a third generation focused on decentralization and scalability.
Built using high-assurance formal development methods, Cardano’s Proof of Stake protocol aims to achieve Scalability, Interoperability, and Sustainability.
The Cardano blockchain includes monetary incentives to diversify the number of evenly distributed stake pools in the system, thus making the system even more decentralized than Bitcoin.
Cryptocurrencies are digital assets, based on Blockchain technology. Through a decentralized ledger system, they take financial intermediaries (such as banks) out from the transaction process, using cryptography artifacts to guarantee the security of transactions. These are validated by all nodes in the network, through a consensus mechanism, be it proof-of-work (Proof-of-Work or PoW), as in Bitcoin or Ethereum, or proof-of-participation (Proof -of-Stake or PoS). Started in 2008 with the creation of Bitcoin, it has been an expanding market, constituting at the time of writing, a global market of 480 billion euros.
Staking is the process of keeping cryptocurrencies in a wallet, in order to collaborate in maintaining the network, used as a process for validating transactions in the Proof-of-Stake (PoS) consensus mechanism. Staking is compensated by receiving rewards. Thus, through the delegation process you can obtain a greater return from your cryptocurrencies. On the Cardano blockchain, the delegation of cryptocurrencies can be done easily through the Daedalus and Yoroi personal wallets. In the staking process, cryptocurrencies never leave you wallet so you can trade them or convert them back to fiat (euros) through a broker (exchange) at any time. When you delegate to a stake pool, you are only granting your participation voting rights in the network to the staking pool. According to the PoS mechanism, each new block is generated by a stake pool chosen at random, based on the amount delegated to that pool, and its rewards are equally distributed among all participants.
We´re a small Portuguese stake pool taking our first steps to contribute to the spread of the Cardano community and decentralization of the blockchain. Unlike larger stake pools, we are still far from saturation, giving you an unique opportunity to grow your rewards along us. We monitor our systems 24/7 to make sure everything is working correctly, contributing to the stake pool reliability and increasing its uptime. Within our team, we have several years of experience in web and software development as well as data science.
We opt for redundancy in our systems to increase our uptime and security.
Increase your return on cryptocurencies.
Grow your revenue with us.
Be part of a growing community in the digital finance market.
If you have any other questions, please get in touch using the contact form below.
You may find you on both Daedalus and Yoroi personal wallets. Look for us at ticker [RIVER].
Use the email form below, and you’ll get a response with 24 hours.Feel free to ask for support, ask critical questions, request more information or send a nice greeting.
You can estimate your return here. You must select the option Delegate My Stake and enter the number of Cardano tokens (ADA) you want to delegate. Below is an estimate of the annual return. NOTE: The values presented are simply an estimate, with no commitment to the values shown. The actual amount of ada earned may vary and will depend on several factors, including actual stake pool performance and changes to network parameters.
Given a correct maintenance of the staking infrastructure by the stake pool operators, the delegation process has no major associated risks. In the case of a harmful event, you may not receive a return during that epoch. You will not incur the loss of your coins as they never leave your personal wallet. As with the purchase of any financial asset sold on the market, keep in mind that cryptocurrencies are always subject to the risk of fluctuations in its market value - exchange rate risk (eg ADA / EUR). This risk could result in profits, in the case of the relative appreciation of the cryptocurrency, or losses in the opposite case. Always do your own research before investing in any financial asset. If you have any questions about Cardano, we are happy to help.
Any question? Reach out to us and we’ll get back to you shortly.