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Title: Cold Staking- Did it happen? Post by: HippiePyro on January 28, 2019, 05:17:13 AM I remember in late 2017, a few projects talking about enabling cold staking with PoS coins. Where you could store your balance on a paper wallets and generate a proof key to stake with, thus never exposing your private key to the internet. Did this come to fruition in any projects?
Title: Re: Cold Staking- Did it happen? Post by: lobo13hf on January 28, 2019, 05:26:36 AM I remember in late 2017, a few projects talking about enabling cold staking with PoS coins. Where you could store your balance on a paper wallets and generate a proof key to stake with, thus never exposing your private key to the internet. Did this come to fruition in any projects? You can't and basically you must send your wallet to the staking address and there will be a locked period for your amount. I still don't even know do you able to take your priv key or not. ethereum has a plan to do that and the team has stated if someone wanna staking to the blockchain must lock their amount for 1 quarter. Title: Re: Cold Staking- Did it happen? Post by: ivaf on January 28, 2019, 12:36:07 PM I remember in late 2017, a few projects talking about enabling cold staking with PoS coins. Where you could store your balance on a paper wallets and generate a proof key to stake with, thus never exposing your private key to the internet. Did this come to fruition in any projects? Yes, cold staking is now working on the Callisto network. You can learn more about this at the following link: https://callisto.network/cold-staking/ But I haven’t yet heard about the PoS system without using a private key. Title: Re: Cold Staking- Did it happen? Post by: Imoote on January 28, 2019, 01:20:09 PM There is no point in talking about 2017, because now post coins are no longer the same as 2017, every year the conditions are different, if in 2017 participating in the airdrop project alone can be profitable.
Title: Re: Cold Staking- Did it happen? Post by: HippiePyro on January 28, 2019, 01:23:49 PM There is no point in talking about 2017, because now post coins are no longer the same as 2017, every year the conditions are different, if in 2017 participating in the airdrop project alone can be profitable. It is about the technology, not profits. And no one said anything about an airdropQuote Yes, cold staking is now working on the Callisto network. You can learn more about this at the following link: https://callisto.network/cold-staking/ But I haven’t yet heard about the PoS system without using a private key. Title: Re: Cold Staking- Did it happen? Post by: NeuroticFish on January 28, 2019, 03:20:56 PM I don't know if this helps, there's also LPoS where you "lease" your coins to a wallet that does the actual staking. So your wallet can clearly remain offline / "cold".
Waves has that and I don't think they're the only ones. Title: Re: Cold Staking- Did it happen? Post by: ronwewee on January 28, 2019, 04:39:28 PM I remember in late 2017, a few projects talking about enabling cold staking with PoS coins. Where you could store your balance on a paper wallets and generate a proof key to stake with, thus never exposing your private key to the internet. Did this come to fruition in any projects? What would you mean if you say staking? Does that mean holding a coin in some way that can give you profit? I just want to know since I always read staking here but not really know what it is. Title: Re: Cold Staking- Did it happen? Post by: bitvalak on January 28, 2019, 04:59:40 PM every year there are always changes in many innovations, but only a few really have proof. And cold staking I think needs a lot of testing, because this is a new thing.
Title: Re: Cold Staking- Did it happen? Post by: HippiePyro on January 28, 2019, 07:35:56 PM I remember in late 2017, a few projects talking about enabling cold staking with PoS coins. Where you could store your balance on a paper wallets and generate a proof key to stake with, thus never exposing your private key to the internet. Did this come to fruition in any projects? What would you mean if you say staking? Does that mean holding a coin in some way that can give you profit? I just want to know since I always read staking here but not really know what it is. Title: Re: Cold Staking- Did it happen? Post by: nonbody on January 29, 2019, 04:32:48 AM I remember in late 2017, a few projects talking about enabling cold staking with PoS coins. Where you could store your balance on a paper wallets and generate a proof key to stake with, thus never exposing your private key to the internet. Did this come to fruition in any projects? Now I am using a hardware wallet, it is very secure and will never reveal your key.Title: Re: Cold Staking- Did it happen? Post by: HippiePyro on January 29, 2019, 03:28:26 PM But you can not stake your coins from a hardware wallet.
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