Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: paramind22 on October 30, 2017, 03:00:40 AM



Title: Is the Average Crypto Investor able to Use Staking Wallets?
Post by: paramind22 on October 30, 2017, 03:00:40 AM
I'm beginning to think they're not.  They're able to trade, but not able to use a Staking Wallet or let alone mine something.

I think it comes down to the insecurity of having something they're in control of on their own machine.

I'll re-quote something I wrote a while back:

"For those who don't know, staking wallets are the easiest thing in the world to back up.  You just save your wallet.dat file from the Appdata folder, and if the wallet ever corrupts, just delete everything in there except that wallet.dat (and maybe a .conf file if there is one) and restart the wallet.  It rebuilds everything and syncs.  I just keep backup folders of the name of my coins with their .dat files in them, and all the coins are safe."