Yiannis_Aid
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November 02, 2017, 09:02:00 PM |
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Does anyone know if the number of the weight in the wallet is important for the staking?I mean that the bigger the number of the weight, the faster to earn the reward or is it the opposite? Thanks.
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vella85
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November 02, 2017, 11:12:28 PM |
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Does anyone know if the number of the weight in the wallet is important for the staking?I mean that the bigger the number of the weight, the faster to earn the reward or is it the opposite? Thanks.
Well from my own experience it doesn't seem to matter as I have had a block of 10k RAIN stake with a low amount of weight while I had another block with a huge amount of weight which is still waiting to stake. This is why its best to always split the coins up into blocks as while we wait for one block to stake another block might stake quicker.
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n3r0d1n
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November 02, 2017, 11:37:33 PM |
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Hi everyone I have several questions: 1) Is there a specific amount of coins that is necessary to get staking started? (I mean before bonus stakes are actually received) I have around 1k coins and a weight of 2k and the indicator says it will take 40 days. 2) Is the amount of coins constant that is being received during a stake? If not what does it depend on? 3) Is the time necessary for a stake held constant? If not what does it depend on? 4) Does the staking rate depend on the connection count? 5) Is there a way to increase the connection count by a conf file? Regards, n3r0d1n
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n3r0d1n
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November 02, 2017, 11:48:16 PM |
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Well from my own experience it doesn't seem to matter as I have had a block of 10k RAIN stake with a low amount of weight while I had another block with a huge amount of weight which is still waiting to stake. This is why its best to always split the coins up into blocks as while we wait for one block to stake another block might stake quicker.
What does it mean to split blocks?
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vella85
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November 02, 2017, 11:56:04 PM |
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Hi everyone I have several questions: 1) Is there a specific amount of coins that is necessary to get staking started? (I mean before bonus stakes are actually received) I have around 1k coins and a weight of 2k and the indicator says it will take 40 days. 2) Is the amount of coins constant that is being received during a stake? If not what does it depend on? 3) Is the time necessary for a stake held constant? If not what does it depend on? 4) Does the staking rate depend on the connection count? 5) Is there a way to increase the connection count by a conf file? Regards, n3r0d1n Well there is a specific amount of RAIN you need to stake but like most POS coins, the more you have the more chance you have to stake and earn rewards. 2k RAIN is not very much now as the network weight has increased a lot as more people are staking. A good starting amount would be 10k RAIN and even then you will only get a couple stakes per week. If you want to stake daily, you'll need at least 50k to 100k the higher the better. The rewards are random so no one knows how much they will stake however it is 200% per year. Its always good to have a good internet connection no matter what coin you stake. Splitting blocks into say 10k RAIN helps as like I mentioned in my previous post, you might have a block that might stake faster then another block of coins. So instead of one large block you have many blocks which I think give you more of a chance to stake RAIN. Some POS coins are different but splitting blocks seem to work best with RAIN.
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Yiannis_Aid
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November 03, 2017, 12:41:10 AM |
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Vella85 could you explain how we split the coins? Is it made from the wallet?
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dipperhawser
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November 03, 2017, 02:10:27 AM |
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Where can I find ur wp?
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n3r0d1n
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November 03, 2017, 02:45:00 AM |
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Vella85 could you explain how we split the coins? Is it made from the wallet?
Thank you! After the explanation of Vella85 I still do not see how to actually split them. @vella85 Do you mean multiple wallets on different PCs? Or addresses? Or multiple, different coins?
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vella85
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November 03, 2017, 11:03:23 PM |
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Vella85 could you explain how we split the coins? Is it made from the wallet?
Thank you! After the explanation of Vella85 I still do not see how to actually split them. @vella85 Do you mean multiple wallets on different PCs? Or addresses? Or multiple, different coins? You're welcome! I have explained this many times before in this thread about how to go about splitting RAIN into blocks of say 5k or 10k depending on how many coins you own. Just go through the pages and you should see my posts on the subject, it takes a long time to re-post it all here again. This is why I said for the dev to post it on the OP so people can find it easier but he hasn't.
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I can promote your project on X to my 100k+ followers for a reasonable price. Just DM me for prices.
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ElmetElmet
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November 04, 2017, 10:05:13 AM |
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I'm interesting in this project and i want to be a part of it. From which point i can start? I hope to answer me soon... Thanks!
1. Get some Bitcoin (if you don't have yet). 2. Create an account on Cryptopia. 3. Send Bitcoin there, buy RAIN with it. 4. Download and set up RAIN staking wallet. 5. Send RAIN from Cryptopia to your wallet. 6. Keep your PC running in order to get your stakes.
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Bit-talker1
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November 04, 2017, 10:34:49 AM |
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What will you do in the case that you need to do some repairs to an investment?
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Yiannis_Aid
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November 04, 2017, 02:21:06 PM Last edit: November 04, 2017, 06:54:03 PM by Yiannis_Aid |
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Hallo guys. Could someone please explain to me why do you think that rain is a good project? Except from the staking rewards and of course we have to wait to read the white paper. Thank you.
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ElmetElmet
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November 04, 2017, 07:19:58 PM |
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Hallo guys. Could someone please explain to me why do you think that rain is a good project? Except from the staking rewards and of course we have to wait to read the white paper. Thank you.
Can't say it's a good project or a bad project yet. I would describe it as a promising one. It's going to be a real-use case related to it, according to dev. So there is a good chance the coin will still be alive next year and the year beyond, and so on... In the meantime I keep staking and hodling, hoping for a stable development.
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nier00
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November 05, 2017, 03:40:42 PM |
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Hello dev, need local community manager? I want to reserve it if you need
Can you give us some of your works. Why you think you are the man of this job. Do you own some rain coins ?
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nier00
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November 05, 2017, 03:42:39 PM |
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Hallo guys. Could someone please explain to me why do you think that rain is a good project? Except from the staking rewards and of course we have to wait to read the white paper. Thank you.
I heard that they will "soon" publish the white paper. At that moment we will know if it's good or not.
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splash6s
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November 05, 2017, 04:59:59 PM |
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i open RAIN for a week. it only stake once on day 3. now weigh is stuck at 69703 for 2 day and not move at all.
is that normal? thanks.
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GeorgianCryptoTrader
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November 05, 2017, 07:30:23 PM |
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On which exchanges will tokens be traded?
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OBAViJEST (OP)
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November 05, 2017, 08:10:07 PM |
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On which exchanges will tokens be traded?
RAIN is already being traded on cryptopia, coinexchange.io, and novaexchange Not sure what's going on with the drop in price, besides the massive gains in bitcoin price. Maybe releasing the white paper would be a good idea?
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Helios45
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November 05, 2017, 09:03:21 PM |
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On which exchanges will tokens be traded?
RAIN is already being traded on cryptopia, coinexchange.io, and novaexchange Not sure what's going on with the drop in price, besides the massive gains in bitcoin price. Maybe releasing the white paper would be a good idea? The market needs to see some progress with this project and I reckon that releasing the white paper will be a good thing Are you anywhere close from completing it ?
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vella85
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November 05, 2017, 11:51:36 PM |
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On which exchanges will tokens be traded?
RAIN is already being traded on cryptopia, coinexchange.io, and novaexchange Not sure what's going on with the drop in price, besides the massive gains in bitcoin price. Maybe releasing the white paper would be a good idea? The reason why the price is most likely dropping is because of the BTC fork coming up. From what I can see a lot, if not all POS coins have taken a huge hits this time around with this upcoming fork. Some of the other Alts have as well but POS coins seem to of taken the biggest hit as people are selling their stakes more often for the fork. I do think that releasing the whitepaper would help with the price but I think it should be released after the BTC fork is over as fresh new money will be flowing back into Alts and that could be the best time to release the whitepaper. RAIN has a big following on Twitter so just think how big it will be once all the Twitter users start tweeting about the whitepaper. The price could skyrocket back up to over 1k sats in no time.
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I can promote your project on X to my 100k+ followers for a reasonable price. Just DM me for prices.
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