Stake Pool Operator

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SPO = Stake Pool Operator

Description

(as processed through ChatGPT)

Cardano.org :

"An SPO runs a stake pool, which is a server (or set of servers) that participates in the Cardano network, helps validate transactions, produce blocks, maintain the ledger, and generally help keep the network running.

Stake pools allow ADA holders (“delegators”) to delegate their stake (their ADA) to a pool instead of running a node themselves. The more stake a pool has (delegated + pledged by the operator), the higher chance the pool gets to produce blocks and earn rewards.

They provide decentralization by distributing block-production responsibility across many entities rather than a single central authority."

(https://docs.cardano.org)