[ANN] Elite [MANDATORY UPDATE] 1.337% APR | POS ONLY

[xenonflux]

Hey xenonflux,

How are developments coming along? Is there a time frame on when the MineCraft servers will be complete, I know on the roadmap it says to TBD but was wondering if there is work being done on them. I think the big winner is the Elite game tournament later on this year which I'm really looking forward too.

Hi Vella, they are coming along well. I have been busy with the developments. I don't have a date for Minecraft server yet but i have started the development as mentioned in my previous announcement. Will keep you guys posted. Cheers!

[1715145784]

1715145784

[1715145784]

1715145784

[1715145784]

1715145784

[xenonflux]

@everyone FAH payout details for this week https://www.reddit.com/r/1337Foundation/comments/8ip3d7/fh_payout_update_05112018/

[MisterPresident]

What is a annual stake % for this coin ?

[bazilik]

Cкoлькo нyжнo дepжaть мoнeт нa кoшeлькe для POS мaйнингa?

[AltScope]

What is a annual stake % for this coin ?

  its in the topic's title  

1.337%

[galvinfly]

This is a good project I hope to see him go to the moon and all to be rich this year

[xenonflux]

What is a annual stake % for this coin ?

Its 1.337% . Please visit our website https://www.elitecurrency.net to learn more.

[xenonflux]

@everyone Just wanted to let you guys know that Elite paper wallet is coming along well and should be ready soon. Cheers!

[nappsuelze]

@everyone Just wanted to let you guys know that Elite paper wallet is coming along well and should be ready soon. Cheers!

Looks good! Keep up the great work 

[vella85]

Hey xenonflux,

How are developments coming along? Is there a time frame on when the MineCraft servers will be complete, I know on the roadmap it says to TBD but was wondering if there is work being done on them. I think the big winner is the Elite game tournament later on this year which I'm really looking forward too.

Hi Vella, they are coming along well. I have been busy with the developments. I don't have a date for Minecraft server yet but i have started the development as mentioned in my previous announcement. Will keep you guys posted. Cheers!

Thanks xenonflux for your reply. I'm happy to hear that things are going well with this as I think this is the main draw card to the Elite project as we all know MineCraft is popular and hopefully that attracts people to Elite. I just saw the screenshot of the Elite paper wallets and I must say that they look awesome! These are great gifts for people to get them involved in cryptocurrencies.

[JustMe22]

@everyone Just wanted to let you guys know that Elite paper wallet is coming along well and should be ready soon. Cheers!

Looks good! Keep up the great work 

A paper wallet is welcome. Great work xenon!

[xenonflux]

@everyone FAH payout details for this week https://www.reddit.com/r/1337Foundation/comments/8kf223/fh_payout_update_05182018/

[xenonflux]

I've bought some coins in cryptopia and withdraw all to my desktop wallet for staking but the coins are not showing in my wallet even though the withdrawal is confirmed in cryptopia exchange but when i checked the Transaction id from cryptopia in explorer its showing not yet redeemed in my wallet address, strange since there are like 7550 confirmation already, can anyone know whats going on its more than 4 days and not yet confirmed. Maybe there is some sort of bug in block chain or what?

We have seen lots of users experience similar issue and 99% of the time its because they were using old wallet version. Please make sure you're on the latest version v2.0.0.0. There is nothing wrong with the block chain.

[xenonflux]

@everyone Super excited to let you all know that Elite paper wallet is ready and the new paper wallet website https://paperwallet.elitecurrency.net/ is live. Cheers!

[Sandyhair]

Can someone help? I downloaded the Windows wallet, v2.0.0.0, but it doesnt connect, just sits on '0 active connection(s) to Elite network'. Known issue?

[xenonflux]

Can someone help? I downloaded the Windows wallet, v2.0.0.0, but it doesnt connect, just sits on '0 active connection(s) to Elite network'. Known issue?

Hi, it takes some time to catch up. You could also add nodes from our block explorer's node list https://chainz.cryptoid.info/1337/#!network (please make sure you use nodes from /Satoshi:2.0.0/ node list).

[xenonflux]

@everyone FAH payout details for this week https://www.reddit.com/r/1337Foundation/comments/8m3eqs/fh_payout_update_05252018/

[Warspear]

Oh dear.. 1.337 per year?  How long does it take for staking maturity?

[nappsuelze]

Oh dear.. 1.337 per year?  How long does it take for staking maturity?

check the specs here: https://www.elitecurrency.net/specs

maturity time is 60 minutes.

[JustMe22]

Oh dear.. 1.337 per year?  How long does it take for staking maturity?

Yeah indeed is low, with no masternode high rewards this is not very appealing to investors.