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Khilone7
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August 10, 2016, 07:16:12 AM |
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As my rank tells you, I am a newbie. I am following Stratis from the beginning, however the terms PoS and PoW are making me be like ->  Can someone explain those terms to me plain and simple? Also what does staking mean and how can I do it? Does it help Stratis, then I want to help out. Thanks in advance, someone. |
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Wilhelmer
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August 10, 2016, 07:21:07 AM |
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How does the withdrawel fro ico function. i put in my wallet address, but nothing is happening ragrding a withdrawel
Any idea?
As long as you generate a STRAT address from the official wallet and enter it into the ICO platform, it will be processed in the backend according to the queue. Am not sure whether it is an automated or manual process though. |
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qun_sha
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August 10, 2016, 07:21:40 AM |
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Dev could you put those info on the op? |
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Krushang (OP)
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August 10, 2016, 07:23:30 AM |
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Dev could you put those info on the op? Will be added to the OP today. |
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jacaf01
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August 10, 2016, 07:30:12 AM |
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64% in one wallet, this whale is going to be the one determining the price of this token |
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mladen00
Legendary
 Offline
Activity: 2124
Merit: 1013
K-ing®
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August 10, 2016, 07:32:23 AM |
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64% in one wallet, this whale is going to be the one determining the price of this token imho this is undistributed token account |
IOTA
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Krushang (OP)
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August 10, 2016, 07:33:51 AM |
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As my rank tells you, I am a newbie. I am following Stratis from the beginning, however the terms PoS and PoW are making me be like -> Can someone explain those terms to me plain and simple? Also what does staking mean and how can I do it? Does it help Stratis, then I want to help out. Thanks in advance, someone. POW will end after 12500 blocks. The staking reward will be time dependent. The more you time stake the higher the total reward. The expected reward will be proportional to the total balance and the time of staking. A static reward leads to a decreasing inflation rate and a decreasing reward rate. The longer you leave your wallet open staking, a larger potion of stake you will receive. |
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Krushang (OP)
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August 10, 2016, 07:34:23 AM |
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64% in one wallet, this whale is going to be the one determining the price of this token imho this is undistributed token account Correct not all ICO tokens have been distributed yet. |
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qun_sha
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August 10, 2016, 07:52:03 AM |
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As my rank tells you, I am a newbie. I am following Stratis from the beginning, however the terms PoS and PoW are making me be like -> Can someone explain those terms to me plain and simple? Also what does staking mean and how can I do it? Does it help Stratis, then I want to help out. Thanks in advance, someone. POW will end after 12500 blocks. The staking reward will be time dependent. The more you time stake the higher the total reward. The expected reward will be proportional to the total balance and the time of staking. A static reward leads to a decreasing inflation rate and a decreasing reward rate. The longer you leave your wallet open staking, a larger potion of stake you will receive. What's the PoS annual rate ? |
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Krushang (OP)
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August 10, 2016, 07:57:49 AM |
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As my rank tells you, I am a newbie. I am following Stratis from the beginning, however the terms PoS and PoW are making me be like -> Can someone explain those terms to me plain and simple? Also what does staking mean and how can I do it? Does it help Stratis, then I want to help out. Thanks in advance, someone. POW will end after 12500 blocks. The staking reward will be time dependent. The more you time stake the higher the total reward. The expected reward will be proportional to the total balance and the time of staking. A static reward leads to a decreasing inflation rate and a decreasing reward rate. The longer you leave your wallet open staking, a larger potion of stake you will receive. What's the PoS annual rate ? Between 1-2% |
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Mozdalifa17
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August 10, 2016, 08:08:02 AM |
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Congratulation for smooth launch .
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Krushang (OP)
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August 10, 2016, 08:17:48 AM |
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loveofmylife
Member
Offline
Activity: 91
Merit: 10
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August 10, 2016, 08:18:16 AM |
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As my rank tells you, I am a newbie. I am following Stratis from the beginning, however the terms PoS and PoW are making me be like -> Can someone explain those terms to me plain and simple? Also what does staking mean and how can I do it? Does it help Stratis, then I want to help out. Thanks in advance, someone. POW will end after 12500 blocks. The staking reward will be time dependent. The more you time stake the higher the total reward. The expected reward will be proportional to the total balance and the time of staking. A static reward leads to a decreasing inflation rate and a decreasing reward rate. The longer you leave your wallet open staking, a larger potion of stake you will receive. Dare not store my coins in the wallet, because once I used rise wallet, i lost the wallet cause i didn't remember the password. I prefer on exchange, cause bittrex is very secure wuth 2FA protection. |
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zomie
Member
Offline
Activity: 88
Merit: 10
little nerdwoman
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August 10, 2016, 08:25:22 AM |
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As my rank tells you, I am a newbie. I am following Stratis from the beginning, however the terms PoS and PoW are making me be like -> Can someone explain those terms to me plain and simple? Also what does staking mean and how can I do it? Does it help Stratis, then I want to help out. Thanks in advance, someone. POW will end after 12500 blocks. The staking reward will be time dependent. The more you time stake the higher the total reward. The expected reward will be proportional to the total balance and the time of staking. A static reward leads to a decreasing inflation rate and a decreasing reward rate. The longer you leave your wallet open staking, a larger potion of stake you will receive. Dare not store my coins in the wallet, because once I used rise wallet, i lost the wallet cause i didn't remember the password. I prefer on exchange, cause bittrex is very secure wuth 2FA protection. You can use a tool like keepass to keep your passwords safe. Google for information on this tool. I'm waiting for Bittrex too, but just to buy some more  |
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qun_sha
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August 10, 2016, 08:42:10 AM |
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@Dev,when will the STRATIS BaaS platform be online?
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malmoghetto
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August 10, 2016, 08:55:58 AM |
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Hi, I have a question, how often do you distribute the coins? Everyday? Manual or auto, or semi-auto like waves?
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peschi
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August 10, 2016, 08:56:22 AM |
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I have one question:
How does the stacking work? Do I have to keep my wallet open or can it be closed?
How do I recieve the bounty for stacking?
Thanks for help!
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luzhiren001
Newbie
Offline
Activity: 22
Merit: 0
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August 10, 2016, 08:58:01 AM |
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Relaxedsense
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August 10, 2016, 09:00:55 AM |
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OMG, whats happening on this thread? Why did all fcking noobs gather here?
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