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Twiggy Smile
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May 02, 2017, 05:37:08 PM |
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Typo?  Yes, thank you. Fixed.  |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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crimboclaus
Newbie
 Offline
Activity: 52
Merit: 0
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May 02, 2017, 06:02:33 PM |
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Is there a good guide or tutorial about how LPOS works? I'd lease my waves to someone running a full node? The waves would still stay in my wallet (and thus I'd collect WCT)? And I'd automatically get a mining reward?
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AztecGoldHero
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May 02, 2017, 06:09:18 PM |
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yea can someone tell what is this LPOS thing???
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Twiggy Smile
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May 02, 2017, 06:18:34 PM |
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Is there a good guide or tutorial about how LPOS works? I'd lease my waves to someone running a full node? The waves would still stay in my wallet (and thus I'd collect WCT)? And I'd automatically get a mining reward?
You can lease to anyone. But it must be an official pool. I mean the one who will pay you a reward. Pool will send you mining reward, depending on its conditions. Generative balance will be renewed after 1000 blocks - This means that your tokens will start to make a profit only after 1000 confirmations. You can cancel a leasing transaction as soon as it is in the blockchain. That happens in about a minute most usually. |
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Twiggy Smile
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May 02, 2017, 06:20:57 PM |
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yea can someone tell what is this LPOS thing???
Leasing POS (LPOS). To receive profit from Waves mining you don't need to set up a node, all you need is some Waves in your wallet. |
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crimboclaus
Newbie
Offline
Activity: 52
Merit: 0
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May 02, 2017, 06:23:10 PM |
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Is there a good guide or tutorial about how LPOS works? I'd lease my waves to someone running a full node? The waves would still stay in my wallet (and thus I'd collect WCT)? And I'd automatically get a mining reward?
You can lease to anyone. But it must be an official pool. I mean the one who will pay you a reward. Pool will send you mining reward, depending on its conditions. Generative balance will be renewed after 1000 blocks - This means that your tokens will start to make a profit only after 1000 confirmations. You can cancel a leasing transaction as soon as it is in the blockchain. That happens in about a minute most usually. Ok right, so let's say a buddy and I want to do some mining. Let's assume I have over 10k waves and he has less than 10k. I'd setup a node and he'd use my address to lease to, then I send him his fair share of whatever we mine? Is that a correct understanding? |
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Twiggy Smile
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May 02, 2017, 06:38:03 PM |
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Is there a good guide or tutorial about how LPOS works? I'd lease my waves to someone running a full node? The waves would still stay in my wallet (and thus I'd collect WCT)? And I'd automatically get a mining reward?
You can lease to anyone. But it must be an official pool. I mean the one who will pay you a reward. Pool will send you mining reward, depending on its conditions. Generative balance will be renewed after 1000 blocks - This means that your tokens will start to make a profit only after 1000 confirmations. You can cancel a leasing transaction as soon as it is in the blockchain. That happens in about a minute most usually. Ok right, so let's say a buddy and I want to do some mining. Let's assume I have over 10k waves and he has less than 10k. I'd setup a node and he'd use my address to lease to, then I send him his fair share of whatever we mine? Is that a correct understanding? Yes. You do not risk with your waves, the only risk if the pool is scam, then you will not receive a reward. But any time you can cancel your leased funds. |
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crimboclaus
Newbie
Offline
Activity: 52
Merit: 0
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May 02, 2017, 06:45:53 PM |
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Is there a good guide or tutorial about how LPOS works? I'd lease my waves to someone running a full node? The waves would still stay in my wallet (and thus I'd collect WCT)? And I'd automatically get a mining reward?
You can lease to anyone. But it must be an official pool. I mean the one who will pay you a reward. Pool will send you mining reward, depending on its conditions. Generative balance will be renewed after 1000 blocks - This means that your tokens will start to make a profit only after 1000 confirmations. You can cancel a leasing transaction as soon as it is in the blockchain. That happens in about a minute most usually. Ok right, so let's say a buddy and I want to do some mining. Let's assume I have over 10k waves and he has less than 10k. I'd setup a node and he'd use my address to lease to, then I send him his fair share of whatever we mine? Is that a correct understanding? Yes. You do not risk with your waves, the only risk if the pool is scam, then you will not receive a reward. But any time you can cancel your leased funds. Ok sorry, one more question. How does it work that he's able to keep his waves in his wallet when he leases to me? What's the logistics behind that? |
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RoHoss
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May 02, 2017, 07:18:14 PM |
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Since new lite client version it is possible to lease over the lite client.
You have to update the lite client to version: 0.4.18a
After Update you have in the middle Top a " L ".
Click on it and lease to account which you want.
You can lease your waves to me.
I have running a node since start of waves.
My Address is: 3PF82eNcAtrwzCjam3iMa8ToPvChWjJeV17
You have no risk with your lease. If you are not satisfied you can cancel the lease in lite client.
From the proceeds I share 90 % proportional to your lease.
Any necessary information I get from the blockchain.
In the near future I make a chart and put in the web.
Payout I make manuell.
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AztecGoldHero
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May 02, 2017, 07:25:33 PM |
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Is there a good guide or tutorial about how LPOS works? I'd lease my waves to someone running a full node? The waves would still stay in my wallet (and thus I'd collect WCT)? And I'd automatically get a mining reward?
You can lease to anyone. But it must be an official pool. I mean the one who will pay you a reward. Pool will send you mining reward, depending on its conditions. Generative balance will be renewed after 1000 blocks - This means that your tokens will start to make a profit only after 1000 confirmations. You can cancel a leasing transaction as soon as it is in the blockchain. That happens in about a minute most usually. Ok right, so let's say a buddy and I want to do some mining. Let's assume I have over 10k waves and he has less than 10k. I'd setup a node and he'd use my address to lease to, then I send him his fair share of whatever we mine? Is that a correct understanding? Yes. You do not risk with your waves, the only risk if the pool is scam, then you will not receive a reward. But any time you can cancel your leased funds. Ok sorry, one more question. How does it work that he's able to keep his waves in his wallet when he leases to me? What's the logistics behind that? ı wanna ask too what wıll be the rates for that. for example ı wanna lease 10k waves what will ı get for this. and ı know ı can make my mining thing with 10k but as you can understand from ı call mining thing ı understand nothıng from mining and pools |
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Shkembe
Legendary
Offline
Activity: 1559
Merit: 1001
Epic Private Internet Cash
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May 02, 2017, 07:42:42 PM |
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Do we need to keep our clients open?
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estenity
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May 02, 2017, 08:12:30 PM |
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Do we need to keep our clients open?
i suppose not, a wallet is defined by its address, airdrops proceed without wallet opened but a confirmation would be useful. |
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Phantas
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May 02, 2017, 08:31:57 PM |
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Do we need to keep our clients open?
i suppose not, a wallet is defined by its address, airdrops proceed without wallet opened but a confirmation would be useful. you dont. just lease for some address and than you can close |
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RoHoss
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May 02, 2017, 08:38:36 PM |
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Is there a good guide or tutorial about how LPOS works? I'd lease my waves to someone running a full node? The waves would still stay in my wallet (and thus I'd collect WCT)? And I'd automatically get a mining reward?
You can lease to anyone. But it must be an official pool. I mean the one who will pay you a reward. Pool will send you mining reward, depending on its conditions. Generative balance will be renewed after 1000 blocks - This means that your tokens will start to make a profit only after 1000 confirmations. You can cancel a leasing transaction as soon as it is in the blockchain. That happens in about a minute most usually. Ok right, so let's say a buddy and I want to do some mining. Let's assume I have over 10k waves and he has less than 10k. I'd setup a node and he'd use my address to lease to, then I send him his fair share of whatever we mine? Is that a correct understanding? Yes. You do not risk with your waves, the only risk if the pool is scam, then you will not receive a reward. But any time you can cancel your leased funds. Ok sorry, one more question. How does it work that he's able to keep his waves in his wallet when he leases to me? What's the logistics behind that? ı wanna ask too what wıll be the rates for that. for example ı wanna lease 10k waves what will ı get for this. and ı know ı can make my mining thing with 10k but as you can understand from ı call mining thing ı understand nothıng from mining and pools My rates is proportional to your lease. To say a amount fix is not reliable. You can see : http://dev.pywaves.org/generators/The fee is actual less. But the MRT is okay. |
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RoHoss
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May 02, 2017, 08:39:40 PM |
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Do we need to keep our clients open?
No - only open one time for lease. After lease you can close the client. If you are not satisfied you can cancel the lease. |
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Candsno8
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May 02, 2017, 09:34:03 PM |
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What's the return for running a node? I.e., what can we expect for 10,000 Waves? I'm not familiar with the block reward amount or time.
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acuteioa
Newbie
Offline
Activity: 14
Merit: 0
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May 02, 2017, 10:50:31 PM |
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I have to questions about leasing waves tokens:
1) I try to lease my Waves tokens via the Waves Lite Client. Everything is pretty clear... however... Under the sections 'Balance Leasing', there is a field 'fee'. What should I fill in in that field? What is that field for? Somebody knows?
2) Any one has a list of wave nodes that I can lease my waves to? Maybe there is a website that shows all of them, including the their conditions (eg. the way the profit share).
Somebody can help me with this?
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RoHoss
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May 02, 2017, 11:00:31 PM |
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I have to questions about leasing waves tokens:
1) I try to lease my Waves tokens via the Waves Lite Client. Everything is pretty clear... however... Under the sections 'Balance Leasing', there is a field 'fee'. What should I fill in in that field? What is that field for? Somebody knows?
2) Any one has a list of wave nodes that I can lease my waves to? Maybe there is a website that shows all of them, including the their conditions (eg. the way the profit share).
Somebody can help me with this?
to 1) normal 0.001 - this is the fee for leasing to 2) you can lease to my node if you want: 3PF82eNcAtrwzCjam3iMa8ToPvChWjJeV17 I offer 90 % of earning proportional between your and other lease. |
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RoHoss
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May 02, 2017, 11:03:15 PM |
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What's the return for running a node? I.e., what can we expect for 10,000 Waves? I'm not familiar with the block reward amount or time.
With 10.000 sometime 1 block on day sometime zero if luck 2 or 3 on day The reward in fee is different and not fix. Only MRT is for some blocks fix. |
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acuteioa
Newbie
Offline
Activity: 14
Merit: 0
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May 02, 2017, 11:14:13 PM |
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I have to questions about leasing waves tokens:
1) I try to lease my Waves tokens via the Waves Lite Client. Everything is pretty clear... however... Under the sections 'Balance Leasing', there is a field 'fee'. What should I fill in in that field? What is that field for? Somebody knows?
2) Any one has a list of wave nodes that I can lease my waves to? Maybe there is a website that shows all of them, including the their conditions (eg. the way the profit share).
Somebody can help me with this?
to 1) normal 0.001 - this is the fee for leasing to 2) you can lease to my node if you want: 3PF82eNcAtrwzCjam3iMa8ToPvChWjJeV17 I offer 90 % of earning proportional between your and other lease. I just found this site: http://dev.pywaves.org/lpos/. Apparently you are also in that list . But then I checked this page: http://dev.pywaves.org/generators/. But there you are not in the list! Do you know why that is? Shouldn't you be in there too? Edit: Ooops... I need to read better... you just posted those websites a few posts ago 
And probably you are not yet in the generators list because that list is updated only once every 24hrs and you just started, no? |
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