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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: SpockSkywalker on April 27, 2017, 07:49:40 AM



Title: Pinkcoin Staking and Coin Control Features Tutorial
Post by: SpockSkywalker on April 27, 2017, 07:49:40 AM

This tutorial will cover the coin feature of the Pinkcoin windows wallet and will show you how to properly start staking.
 
If you want to read more about the Pinkcoin and it's rewards/features please refer to the official THREAD. (https://bitcointalk.org/index.php?topic=1783421)
 

Windows and Mac wallets can be downloaded from the official website (http://pinkcoin.ca/) while Linux version can be download from github. (https://www.github.com/PinkDev/Pink2)
Extract the wallet on your desktop using Winrar and Right click > Run As Administrator. (There's no need of any installation or anything). Wait for it to sync. Usually it takes 5-10 minutes to sync.
 
https://i.imgur.com/yrmDFAE.png
 
After it successfully synced, go to Settings > Encrypt Wallet type the passphrase you want and hit OK. After you hit OK wait for some time and the wallet will close itself, make sure you re-open it. **NOTE** Make sure you remember your passphrase because if you forgot you will lose all your coins! **
 
https://i.imgur.com/zJUkiLz.png
 
To be able to start staking you need to unlock your wallet. If you hover the mouse over the arrow at the bottom right corner of the wallet you will see "Not staking because wallet is locked".
 
https://i.imgur.com/4XKxGEc.png
 
To unlock your wallet please go to Settings > Unlock your wallet and then type your passphrase that you set it earlier and make sure "For staking only" is checked.
 
https://i.imgur.com/Ao0w27H.png
 

After we successfully unlocked our wallet and tick the option "For staking only" we need to make sure that our coins are mature. Now the question is how do I know if my coins are mature and when they will mature?
 
https://i.imgur.com/nuzOGB9.png
 
If you have your coins stored on one of the exchanging websites such as Bittrex, Poloniex, Cryptopia or NovaExchange and you are sending to your desktop wallet if you hover the mouse over the gray arrow in the bottom right corner of the wallet you will see that says that you don't have mature coins. For coins to mature you need 101 confirmations or 8 hours before they can be used for staking.
 
Mined coins come in blocks of 50 coins. But when you buy them and send them to your wallet, they come in one big block of coins.When you stake, the whole block stakes. That's true if it's 50 coins or 500,000 coins. But if you have 500,000 broken up into 50 coin blocks, then when you stake, you don't lose all the weight you generated from your 500,000 coins, you only lose the weight from the coins you needed in order to generate the stake. But if your 500,000 coins are all in one big block, then when you stake, you'll lose all the weight you generated for that 500,000 coins, and they wont stake again until you build up that weight again. To prevent ourselves from losing all the weight that we built from staking we need to enable the coin features which will help us sort the issue and we will send the coins to ourselves into blocks of 1000's.
In the example I will show you with 4200 coins and how to split them into 4 blocks of 1000.
 
Click Settings > Options > Display > "Display coin control features (experts only!)" make sure this one is selected and hit OK.
 
https://i.imgur.com/kYEoGcz.png
 
After we enabled the coin feature, we need to go back to the Receive coins tab and copy our own address. After that we need to go the Send Coins tab and click on Inputs. In inputs you will see a bunch of columns. In this case as you can see we have 4200 coins and we want to split them into 4 stacks of 1000. So basically we need to select them and hit OK.
 
https://i.imgur.com/oaQUG01.png
 
Now it will navigate us to the previous tab, the one that we came from. We need to have ticked SplitBlock and we will type 4 which means we split the 4200 coins into 4 blocks of 1000, (don't worry the rest 200 coins will find their own block). In the Pay To we paste our own address that we copied from earlier from Receive coins tab, and on the right side where it says After fee: we need to right click and hit Copy after fee and paste down below in the Amount. Basically we are sending the coins to ourselves.
 
https://i.imgur.com/bC0Se1r.png
https://i.imgur.com/TFHoHbb.png
https://i.imgur.com/E8oODf5.png
 
https://i.imgur.com/rbdr36S.png
 
If you followed the whole tutorial everything should work fine. But how do I check that?
In the bottom right corner of your wallet you will see the arrow changed it's color from grey (before we started staking) into green (after we started staking). And with that being said we finally started staking.
 
https://i.imgur.com/A9ZDFrY.png
 
If you have any issues feel free to comment below.


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: Crazymoon on April 28, 2017, 01:46:14 AM
Great tutorial, I hope this will be useful for those that plan to stake and use the coin features.


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: jaceefrost on April 28, 2017, 03:44:46 AM
Thanks. I've been looking for this tutorial but some of the photos are broken. nvm, it's fine now. I'll set up my wallet for staking now.


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: Crazymoon on April 28, 2017, 04:03:29 AM
Thanks. I've been looking for this tutorial but some of the photos are broken. nvm, it's fine now. I'll set up my wallet for staking now.

It's due to the fact that bitcointalk has some issues in the past few days and sometimes images tend to be "broken" but after few refreshes they fix themselves.


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: TonySon on April 28, 2017, 12:34:23 PM
Posted on: (2)  ;D  ;D  ;D

1. Steemit: https://steemit.com/pinkcoin/@hien-tran/pinkcoin-staking-and-coin-control-features-tutoria

2. Golos: https://golos.io/pinkcoin/@pinkcoinfaucet/pinkcoin-staking-and-coin-control-features-tutoria

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Source: https://bitcointalk.org/index.php?topic=1889129.0



Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: CryptoSplinter on April 28, 2017, 06:15:12 PM
How long on average until we are paid a stake?
Thanks


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: pamims on May 01, 2017, 06:50:48 PM
Okay, so this was interesting. I followed the instructions given above. I broke my coins up like you said to, and shortly after the transaction, the wallet is no longer responding. I get it to close and restart the wallet, and it doesn't respond. What is going on with it? Can I just wait it out, or what? It worked fine before I tried to split up my block.

EDIT:

It all seems to be working now. Still don't understand why breaking up my block of coins was so hard for my system, but I haven't had a problem for hours.


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: Kuttingcorners on May 02, 2017, 02:27:27 AM
hi i have some pink coins i had in an old wallet on my old computer. Last I remembered my wallet stopped loading and went out of sync I remember someone told me how to fix the problem but it has been a while now. any help would be appreciated


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: SpockSkywalker on May 02, 2017, 05:27:32 AM
hi i have some pink coins i had in an old wallet on my old computer. Last I remembered my wallet stopped loading and went out of sync I remember someone told me how to fix the problem but it has been a while now. any help would be appreciated


Do you have the 2.0.0.4 wallet or the 2.0.0.5, or are you on the blockchain from 2014 still?


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: mgmtbyjay on May 02, 2017, 07:15:39 AM
Going to test this out, thanks!


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: Kuttingcorners on May 03, 2017, 08:14:28 AM
yes i have not updated since 2014 i take it i missed something?


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: TonySon on May 03, 2017, 01:50:41 PM
I start staking  ;D

I am staking >:(   ;D :-*


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: pedagang1 on May 03, 2017, 04:00:09 PM
Good, this tutorial of pinkcoin make me understand  :)


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: Crazymoon on May 03, 2017, 05:59:21 PM
yes i have not updated since 2014 i take it i missed something?


You should swap your coins just visit pinkcoin.ca


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: TonySon on May 04, 2017, 04:43:47 AM
Check out how the Innovative & Groundbreaking Side-Staking works

https://3.bp.blogspot.com/--lDnC0qbzro/WQqtCzAqQwI/AAAAAAAAFr8/vBPPEb1iay8NFCaoYrj-nvEMSSCsXh6UgCLcB/s1600/wallet.JPG
> My wallet address. I am Staking...



Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: linlane on May 06, 2017, 01:18:57 PM
Hi,

My wallet is not synchronizing (shows that it is "Synchronizing with network" and "12 active connections to Pinkcoin network", but the "blocks remaining" number is going higher - it's been synchronizing for 20 min now).
A few days ago I updated my wallet to v2.1.0.0. Today had to restart my PC and after that my wallet is out of sync.

Don't know what to do?


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: masterblog1994 on May 06, 2017, 05:25:46 PM
cool pink coin


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: Golftech on May 06, 2017, 05:30:29 PM
thanks for sharing this mate, i'm also curious about pink coin and how to accumulate using the staking feature of this project now with your guide i'll be going to start buying cheap pink and store it inside and see how big can i get using the staking and wait for the price to jump high again to 1000+ sat, good luck and keep this to show more progress.


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: linlane on May 06, 2017, 07:35:09 PM
Hi,

My wallet is not synchronizing (shows that it is "Synchronizing with network" and "12 active connections to Pinkcoin network", but the "blocks remaining" number is going higher - it's been synchronizing for 20 min now).
A few days ago I updated my wallet to v2.1.0.0. Today had to restart my PC and after that my wallet is out of sync.

Don't know what to do?


Never mind - I deleted everything and started again - now staking again, but "current BTC value is 0.00". Is there something I need to do if I would like to see the current BTC value.
 


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: Crazymoon on May 06, 2017, 07:45:44 PM
Hi,

My wallet is not synchronizing (shows that it is "Synchronizing with network" and "12 active connections to Pinkcoin network", but the "blocks remaining" number is going higher - it's been synchronizing for 20 min now).
A few days ago I updated my wallet to v2.1.0.0. Today had to restart my PC and after that my wallet is out of sync.

Don't know what to do?


Never mind - I deleted everything and started again - now staking again, but "current BTC value is 0.00". Is there something I need to do if I would like to see the current BTC value.
 

It's a bug, devs are working on a fix for that. But everything else is fine. You don't need to worry that much about it.


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: Zero one on May 08, 2017, 04:44:36 PM
 I imported my old wallet from 2015 and the new wallet is running and looks great! The Overview shows "O" coins in the new wallet although I see all my old transactions within Transactions.  A previous poster with similar scenario was told to swap out the old coins at pink.ca but that site has been down for a few days.  Please advise how I can fix this.


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: Willeampere on May 08, 2017, 04:49:01 PM
Pink coin promises the future, I can understand it very easily when I look at the graphics, I do not understand the concept of "stake", is there anyone who can explain?


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: Crazymoon on May 09, 2017, 08:29:55 AM
I imported my old wallet from 2015 and the new wallet is running and looks great! The Overview shows "O" coins in the new wallet although I see all my old transactions within Transactions.  A previous poster with similar scenario was told to swap out the old coins at pink.ca but that site has been down for a few days.  Please advise how I can fix this.

Pinkcoin has a new website also. It's not edited into the tutorial. Here is the new website http://getstarted.with.pink/ you can swap the coins there.


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: TonySon on May 10, 2017, 04:12:11 AM
Pink coin promises the future, I can understand it very easily when I look at the graphics, I do not understand the concept of "stake", is there anyone who can explain?

Please click HERE  ;D: https://golos.io/pinkcoin/@pinkcoinfaucet/pinkcoin-donate-through-staking-donate4life


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: Zero one on May 11, 2017, 11:34:18 PM
I imported my old wallet from 2015 and the new wallet is running and looks great! The Overview shows "O" coins in the new wallet although I see all my old transactions within Transactions.  A previous poster with similar scenario was told to swap out the old coins at pink.ca but that site has been down for a few days.  Please advise how I can fix this.

Pinkcoin has a new website also. It's not edited into the tutorial. Here is the new website http://getstarted.with.pink/ you can swap the coins there.

I went to the new website and did the coin swap over 2 days ago.  Still no coins in my wallet.  Should it take this long? 


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: TonySon on May 12, 2017, 11:41:16 PM
Join the slack http://slack.with.pink  :)


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: Zero one on May 14, 2017, 03:18:31 PM
Join the slack http://slack.with.pink  :)

Thanks TonySon for the suggestion.  I went to Slack and got great support.  My coinswap is done.  Yaaa!


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: Kuttingcorners on June 06, 2017, 10:32:57 PM
yes i have not updated since 2014 i take it i missed something?


You should swap your coins just visit pinkcoin.ca


I just saw your reply now... and the pinkcoin.ca link isnt working for me. Is there a new link i should try?
Thank you


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: SpockSkywalker on June 15, 2017, 05:45:43 AM
yes i have not updated since 2014 i take it i missed something?


You should swap your coins just visit pinkcoin.ca


I just saw your reply now... and the pinkcoin.ca link isnt working for me. Is there a new link i should try?
Thank you

getstarted.with.pink or go.with.pink


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: gamaman990 on June 15, 2017, 07:12:06 AM
Interesting. I shall start my own staking. Other than pink, what are other good POS coins?


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: hagn77 on September 03, 2017, 07:08:09 PM
Interesting. I shall start my own staking. Other than pink, what are other good POS coins?

Decred


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: hagn77 on September 03, 2017, 07:18:13 PM
Do I need to keep the wallet open while staking?
Is there a staking profitability calculator?


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: Crazymoon on September 05, 2017, 10:42:40 PM
Do I need to keep the wallet open while staking?
Is there a staking profitability calculator?

Yes, your wallet need to run 24/7 to be able to stake. There's no current profitability calculator.


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: Emilyearl on September 07, 2017, 08:53:31 PM
I wanted to ask if there's a minimum number of coins one can stake or you can stake based on your capabilities?


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: Crazymoon on September 08, 2017, 02:23:44 PM
I wanted to ask if there's a minimum number of coins one can stake or you can stake based on your capabilities?
There's no minimum coins for staking but the more you have the better you will stake and it's based on the age of the coins.


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: filgaia on October 01, 2017, 07:54:30 PM
hello can someone explain to me, why we need to split the coins into several blocks for staking?
i have staked other coins, but i never use this method of splitting up the coins into several blocks for staking.
thanks in advance


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: nemzy on November 07, 2017, 02:51:52 AM
i'm staking almost for 1 month with 999.80 PINK and there is nothing about how much i'll have .... there is NO minimum coins required . And why we need to split them on blocks ? 


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: Leeke on December 14, 2017, 03:11:20 AM
Viva La #Pinkcoin!!

Is it worth staking 1000 coins? And anyone know if you can stake more than one wallet on one pc?


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: tahd8ch on February 23, 2018, 05:48:27 AM
Viva La #Pinkcoin!!

Is it worth staking 1000 coins? And anyone know if you can stake more than one wallet on one pc?

Just seeing this now, but you can certainly stake multiple wallets on a single PC.  Just have them all opened and unlocked for staking.  (Don't forget to encypt all your wallets!)


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: residivis on February 23, 2018, 06:09:15 AM
a very interesting guide, and does the project hold an airdrop, bounty campaign and ico right now or is it all done?
I hope I can join in the project because I think the project has something that other projects do not have. may potentially be a long-term investment.
thank you for the info you have given and good luck for the project.


Title: Re: Pinkcoin Staking and Coin Control Features Tutorial
Post by: ZeroFiat on March 07, 2018, 08:16:09 AM
May I know how long will I get the first payment after I started staking? What’s like the weight like? Thanks & cheers