bspus
Legendary
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Activity: 2165
Merit: 1002
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July 06, 2017, 04:54:08 AM |
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I do know and I've read any thing I could.
I am not talking about Mining. I am talking about Staking.
I did not find any where information about XEL being PoW or PoS.
Hence I am asking, if XEL is PoS and if so which type of, if there are minimum amount needed?
How is the taking method works? lock them on a wallet?
Also I wonder if there are masternodes..
There is no staking. There is forging of blocks but no new XEL is made. Only transaction fees are paid to block forgers. More like PoW but without the reward When the main feature is launched you'll be able to sell cpu power to earn XEL that other people pay for processing jobs. That will feel more like Pool mining, although in reality it's not that similar in the way it works. We don't know yet when that will be ready. I doubt it will be this year |
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jeffthebaker
Legendary
Offline
Activity: 1526
Merit: 1034
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July 06, 2017, 05:51:04 AM |
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What does it mean to be "spotlighted" by Bittrex? Do we get some article written highlighting the technical components and product that XEL provides? Or is it just like a more defined position on the website? My apologies, I have little experience using Bittrex. |
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bitcoinpaul
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July 06, 2017, 06:35:04 AM |
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A nice banner on the website something something. Waste of money.
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tomkat
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July 06, 2017, 07:19:43 AM |
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My computer crashed and am now told hard drive is badly damaged and all data destroyed.
I am now locked out of my Elastic wallet.
I wrote down the 12 word passphrase but I have lost the XEL Account number.
Is there any way to get access to my wallet with just the passphrase?
Thanks for any advice.
You can login with your passphrase  |
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ByzantineGeneral
Newbie
Offline
Activity: 20
Merit: 0
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July 06, 2017, 07:35:55 AM |
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Thanks. I got in. I learned you have to use spaces between the words.
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timbereagle
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July 06, 2017, 08:26:00 AM |
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Early adopter dumpers are fading away slowly. I guess we will see slow but steady price increase from now on. Expect the unexpected ;1.000 BTC will X10 XEL price. Happy to be strong hand with XEL  |
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o48o
Legendary
Offline
Activity: 3080
Merit: 1174
Leading Crypto Sports Betting & Casino Platform
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July 06, 2017, 08:27:55 AM |
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What does it mean to be "spotlighted" by Bittrex? Do we get some article written highlighting the technical components and product that XEL provides? Or is it just like a more defined position on the website? My apologies, I have little experience using Bittrex. Logo just shows up on "the spotlight" space on the site, sometimes. Pointless |
| ..Stake.com.. | | | ▄████████████████████████████████████▄
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▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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toonwer
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July 06, 2017, 10:33:38 AM |
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To all N00bs & Dumpers,
XEL Party just started and it wont stop. More tech coming. Wait, Watch and Cry.
decided to buy xel at the current price. really hope it's a bottom. |
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CryptoBattlesX
Newbie
Offline
Activity: 8
Merit: 0
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July 06, 2017, 10:43:55 AM |
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To all N00bs & Dumpers,
XEL Party just started and it wont stop. More tech coming. Wait, Watch and Cry.
decided to buy xel at the current price. really hope it's a bottom. It will go bellow 10k thought |
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pumpmydump
Member
Offline
Activity: 151
Merit: 10
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July 06, 2017, 10:48:05 AM |
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Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few
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Metros
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July 06, 2017, 10:55:06 AM |
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Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few
What was ICO price for 1 XEL? |
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toonwer
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July 06, 2017, 10:55:43 AM |
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To all N00bs & Dumpers,
XEL Party just started and it wont stop. More tech coming. Wait, Watch and Cry.
decided to buy xel at the current price. really hope it's a bottom. It will go bellow 10k thought well Then I'll wait  thx for notice |
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pumpmydump
Member
Offline
Activity: 151
Merit: 10
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July 06, 2017, 11:14:10 AM |
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Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few
What was ICO price for 1 XEL? 700 sats. Around 700 btc raised during ICO spread among the total supply of 100,000,000 XEL. So more like 20 times above ICO price now (140 times above in USD since btc was 7 times less back then) |
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toonwer
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July 06, 2017, 11:22:56 AM |
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Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few
What was ICO price for 1 XEL? 700 sats. Around 700 btc raised during ICO spread among the total supply of 100,000,000 XEL. So more like 20 times above ICO price now (140 times above in USD since btc was 7 times less back then) didn't know it till today. Where can i find info about how many xel holders? |
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bitcoinpaul
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July 06, 2017, 11:23:31 AM |
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No ICO  Donators donated to fund the early development. |
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Metros
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July 06, 2017, 11:24:59 AM |
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No ICO Donators donated to fund the early development. Oh so no ICO then it was a whales invest. Can be like 200 Whales and that's it right.. |
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jupiter00000
Member
Offline
Activity: 111
Merit: 10
http://jupitertheproducer.bandcamp.com
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July 06, 2017, 11:32:10 AM |
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How come transaction fees are so high?
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Twitter: @Jupiter00000
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pumpmydump
Member
Offline
Activity: 151
Merit: 10
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July 06, 2017, 11:46:08 AM |
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Still 30 times above ICO price (200 times or so relative to USD), considering the massive bagholders dumping is to be expected, most of the supply is in the hands of a few
What was ICO price for 1 XEL? 700 sats. Around 700 btc raised during ICO spread among the total supply of 100,000,000 XEL. So more like 20 times above ICO price now (140 times above in USD since btc was 7 times less back then) didn't know it till today. Where can i find info about how many xel holders? at the bottom of the page Top 10 balances hold 50% of the circulating supply. Top 100 balances hold 94% of the circulating supply. The guy ranked 100 can dump 15 btc of XEL, the guy ranked 10 can dump 300 btc |
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ImI (OP)
Legendary
Offline
Activity: 1946
Merit: 1019
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July 06, 2017, 11:49:19 AM |
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No ICO Donators donated to fund the early development. Oh so no ICO then it was a whales invest. Can be like 200 Whales and that's it right.. Whales invest? LOL, i know several folks who invested a fraction of a Bitcoin. How is that a "whales invest"? It was basically an ICO just with the big difference that no obligation whatsoever was being made. Was it risky? Of course it was, but that's how crypto works. |
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ImI (OP)
Legendary
Offline
Activity: 1946
Merit: 1019
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July 06, 2017, 12:03:52 PM |
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Any one mind to tell if XEL is Proof of Stake?
Is it possible to stake it ?
You can "stake" it to earn a share of transaction fees. Not much right now but might be eventually. So it's not PoS even yet? It's PoS without inflation at the moment. So rewards come solely from fees. Longterm there will be a reward for solving tasks sent to the network. Something like Masternodes is being thought of but not definitely decided yet. |
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