FYI, unlocking your wallet every 90 days will assure you of earning max PoS interest (1.5% annually). 30 days will get you 1.2% annually.
Hi,
So I finally got around to doing the stake minting, but it failed to accept my passphase which was verified as the correct phrase. I followed the prior instructions, again, and again. That was a couple of weeks ago.
Then last week I noticed I was using the prior Qt wallet, not the newest one.
1. Was that the problem possibly - the Qt wallet was not the newest one???
2. Or was I just not doing something correctly instead???
I am a bit baffled.
3. Lastly, can we simply not stake mint for several months or longer, and still get our stakes eventually, and
will they be just as large as the "every 90 days" stake minting percentage returns??? Or More??? Or less???
4. Or is the every 90 days minting the most Optimum point to get maximized returns???
I ask this because of course it was pointed out that every 30 days is less than optimum, so I can only
wonder if I did minting only once a year it would also be less than Optimum??? Or Not???
SO:
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The instructions for stake minting given were easy enough for myself to follow, yet slightly confusing as to exactly what to precisely input.
I tried all the various possibilities given the instructions laid out, to get the client to accept my password and other data needing to be imputed, all to get the stake minting engaged, as instructed here prior, but the input typed always rejected my pass-phrase, even though I verified my pass-phrase was absolutely correct.
So I am Still baffled, but haven't yet tried it with the newest Qt wallet client so again, so maybe that was the issue???
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Please reply & advise!
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Maybe clarifying those prior instructions again here below, with an exact example phrase to type into the Qt Client would greatly help not only myself, but others too. Surely if I am having troubles so to will others, because many of us are not so bright as to figure these technical things like this ourselves, sad, but true, lol.
Please Note:
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Lastly, I didn't care at all for the plain text passphrase sitting there in the client after it was typed. Maybe something can be done to blank out or ****************** out the passphrase while typed, so that at least no screenshot Trojans could possibly grab that text when typed, or while sitting there in plain text.
Still, that doesn't solve the key-logger Trojans issue, and why I dedicate a laptop solely for only my Wallet-Qt clients, and absolutely nothing else but supporting those Qt Wallets. That PC is used for absolutely nothing else at all.
Also seriously consider testing any new Qt-wallets from lesser known Crypto's in a Virtual Machine. Consider
the easy to use
https://www.virtualbox.org/ there for the taking.
Lastly: It only takes one malicious Qt from any crypto type to ruin one's portfolio. Beware. So far most of us have been lucky. That might not last.
I have been burned last summer by a Mega download of another Alt. coin Qt wallet Client, and right then gotten a severe infection at the same point in time which just as soon as downloaded also fully disabled password protected Kaspersy Internet Security of all things!!!
Lucky for me that was on my mining rig which I also never used for anything but mining until that fateful moment way back last summer. It was a bit lucky and strange how it happened on a PC that didn't matter if it was harmed.
A time consuming full hard drive wipe, and saved backup image got me back up relatively quickly, if not painlessly, but still it was something to learn from! Simply put I will NEVER use Mega download site ever again. Their policies stink (forcing crap onto our PC's that we know nothing about merely to utilize them. That crap doesn't occur on https google drive, at all, not ever. I don't care for google per say either, but at least their not injecting my PC's with any code, much less malicious code, or worse.
So for everyone's security: Be safe, and segregate your Wallets by dedicating a PC to them if at all possible, and don't use that PC for anything else what so ever, if at all possible, and without exception.
Also seriously consider getting/setting up an ALWAYS OFFLINE PC for your btc signing offline.
I also request the same ability for CGB too (Offline wallet sig signing), so that we can sign our transactions OFFLINE, and then transfer them to an Online PC wallet client by way of a flash drive transfer, so that there is hardly any chance of losing cgb coins to any trojan wallet viruses. Something such as or like Amory would be a fantastic addition for CGB.
Sadly I am not a developer or I would help out there. Still, to get thought of as a most serious investment by many we need to get something either like Amory and Trazer hardware wallet for CGB, asap. And they both need to be made to be dummy proof, redundant, and quick, and needless to say extremely secure.
This is a race to the marketplace in 2014. We're all burning daylight. This is a real race, like it or not, and it's winners take all, or so it suddenly seems.
The first ones into the mainstream marketplace are likely going to be the ones to take the lions share of the marketplace. It just usually (but not always) works out that way.
And others that come later tend to need to offer much more to get much headway, and otherwise their simply hardly ever widely adopted.
So far it's merely Bitcoin taking the mainstream marketplace by storm.
The next few or more Crypto types may also get widely accepted too, but nothing is assured, and we all have to earn CGB's way into the mainstream marketplace.
After those first into the marketplace it's anyone's guess if any more, or how many more, might be able to work their way into the marketplace. 2014 is all about Marketing.
From here out it's how well this is packaged, and how well it's pushed and forced into the mainstream.
I will do what I can myself, and I will always support CGB, and around 15 other crypto's including Bitcoin.
But I am not certain if there is room for 16 Crypto's in the global marketplace.
It's anyone's guess how many dozens will be acceptable to the masses.
And after all, it's up to them, not any of us, who and what gets accepted. I wildly guess 16 will be accepted.
As for my questions above: Thanks for the help, ahead of time.
Best Regards,
Caveat emptor
Let me see if I can help here, I hope I address all of your questions. You can always reach out to the team via the website support
as well.
- The old client will still work for your interest earnings, so that was not your issue
- Unlocking your wallet every 30 days will get you 1.2% interest per year, every 90 days 1.5% interest
- 90 days is the max weight so waiting > 90 days will still earn you the interest accrued over the 90 days (1 year would equal 90 days as an example)
Command for unlocking you wallet to collect interest (remember to do this every 30 days at the minimum and every 90 days as the maximum - every 90 days is the ideal for max interest) - NOTE: Do not type the < > symbols.
Hope this helps and thanks for the feedback and advice - good stuff! I am going to send you a CGB for the input
