Historic Cryptogenic Bullion thread - CLOSED

[Percy520]

hi guys, if I have 1000 CGB and mint for 30 days, I should get 1000*1.2%/12=1CGB as interest, is my calculation right?

[xibeilang]

The MADE project has new progress

[x0rcist]

hi guys, if I have 1000 CGB and mint for 30 days, I should get 1000*1.2%/12=1CGB as interest, is my calculation right?

Actually it's 1.5%, so it would equal 1,25 CGB for the rest the calculation is correct. It's a scarce crypto

[Percy520]

hi guys, if I have 1000 CGB and mint for 30 days, I should get 1000*1.2%/12=1CGB as interest, is my calculation right?

Actually it's 1.5%, so it would equal 1,25 CGB for the rest the calculation is correct. It's a scarce crypto

are you sure?? I thought only 90 days would get the max 1.5%, 30days is only 1.2%.

Also one more question, would this "walletpassphrase 'my wallet passphrase' 99999" only unlock the wallet for the minting purpose, for the

security side, my wallet is still locked and safe, is that right?

Hi Elambert, I would suggest you to post the intrusction for the minting on the first page of this thread. I do noted that you have answer this

question in this thread, but it is just too diffcult to find it.

[Killiz]

hi guys, if I have 1000 CGB and mint for 30 days, I should get 1000*1.2%/12=1CGB as interest, is my calculation right?

Actually it's 1.5%, so it would equal 1,25 CGB for the rest the calculation is correct. It's a scarce crypto

are you sure?? I thought only 90 days would get the max 1.5%, 30days is only 1.2%.

Also one more question, would this "walletpassphrase 'my wallet passphrase' 99999" only unlock the wallet for the minting purpose, for the

security side, my wallet is still locked and safe, is that right?

Hi Elambert, I would suggest you to post the intrusction for the minting on the first page of this thread. I do noted that you have answer this

question in this thread, but it is just too diffcult to find it.

You must add the word 'true' on the end for minting purposes only.

walletpassphrase 'my wallet passphrase' 99999 true

Without the word true your wallet will be completely unlocked.

Use 'true' if just unlocking for POS.

[FiniteByDesign]

Ha, love it! "Rally round the family"!
http://m.youtube.com/watch?v=Fa-nfIksY4o&desktop_uri=%2Fwatch%3Fv%3DFa-nfIksY4o

[Percy520]

hi guys, if I have 1000 CGB and mint for 30 days, I should get 1000*1.2%/12=1CGB as interest, is my calculation right?

Actually it's 1.5%, so it would equal 1,25 CGB for the rest the calculation is correct. It's a scarce crypto

are you sure?? I thought only 90 days would get the max 1.5%, 30days is only 1.2%.

Also one more question, would this "walletpassphrase 'my wallet passphrase' 99999" only unlock the wallet for the minting purpose, for the

security side, my wallet is still locked and safe, is that right?

Hi Elambert, I would suggest you to post the intrusction for the minting on the first page of this thread. I do noted that you have answer this

question in this thread, but it is just too diffcult to find it.

You must add the word 'true' on the end for minting purposes only.

walletpassphrase 'my wallet passphrase' 99999 true

Without the word true your wallet will be completely unlocked.

Use 'true' if just unlocking for POS.

Thanks Killiz, do I need to keep my wallet running nonstop for 30 days in order to get the pos reward? Or I just need to open the wallet every 30 days to unlock the client?

[Percy520]

If I keep them in cold storage then I don't get interest right?

You still earn interest, you just have to import your private key or add your wallet.dat (depending on your method of cold storage) every 30 days. For max interest, you would do this every 90 days. This is what I do and suggest to all. 30 days is 1.2% per year but if you do every 90 days then it is 1.5% interest yearly.

Hi Elambert, can you please explain in detail how to earn interest if use cold storage, thanks.

[Killiz]

hi guys, if I have 1000 CGB and mint for 30 days, I should get 1000*1.2%/12=1CGB as interest, is my calculation right?

Actually it's 1.5%, so it would equal 1,25 CGB for the rest the calculation is correct. It's a scarce crypto

are you sure?? I thought only 90 days would get the max 1.5%, 30days is only 1.2%.

Also one more question, would this "walletpassphrase 'my wallet passphrase' 99999" only unlock the wallet for the minting purpose, for the

security side, my wallet is still locked and safe, is that right?

Hi Elambert, I would suggest you to post the intrusction for the minting on the first page of this thread. I do noted that you have answer this

question in this thread, but it is just too diffcult to find it.

You must add the word 'true' on the end for minting purposes only.

walletpassphrase 'my wallet passphrase' 99999 true

Without the word true your wallet will be completely unlocked.

Use 'true' if just unlocking for POS.

Thanks Killiz, do I need to keep my wallet running nonstop for 30 days in order to get the pos reward? Or I just need to open the wallet every 30 days to unlock the client?

You only need to unlock it for minting after 30 days, 90 days for max interest.

Shouldn't take long at all until you start mining proof of stake blocks.

Once you have gained your interest type in walletlock to lock it back up.

Edit: you don't need to keep your client running non stop, just run it every 30-90 days and unlock for minting.

[patmast3r]

hi guys, if I have 1000 CGB and mint for 30 days, I should get 1000*1.2%/12=1CGB as interest, is my calculation right?

Actually it's 1.5%, so it would equal 1,25 CGB for the rest the calculation is correct. It's a scarce crypto

are you sure?? I thought only 90 days would get the max 1.5%, 30days is only 1.2%.

Also one more question, would this "walletpassphrase 'my wallet passphrase' 99999" only unlock the wallet for the minting purpose, for the

security side, my wallet is still locked and safe, is that right?

Hi Elambert, I would suggest you to post the intrusction for the minting on the first page of this thread. I do noted that you have answer this

question in this thread, but it is just too diffcult to find it.

You must add the word 'true' on the end for minting purposes only.

walletpassphrase 'my wallet passphrase' 99999 true

Without the word true your wallet will be completely unlocked.

Use 'true' if just unlocking for POS.

Thanks Killiz, do I need to keep my wallet running nonstop for 30 days in order to get the pos reward? Or I just need to open the wallet every 30 days to unlock the client?

You only need to unlock it for minting after 30 days, 90 days for max interest.

Shouldn't take long at all until you start mining proof of stake blocks.

Once you have gained your interest type in walletlock to lock it back up.

Does it have to bei exactly 30 days ? What If I unlock it on 34 ?

[Killiz]

hi guys, if I have 1000 CGB and mint for 30 days, I should get 1000*1.2%/12=1CGB as interest, is my calculation right?

Actually it's 1.5%, so it would equal 1,25 CGB for the rest the calculation is correct. It's a scarce crypto

are you sure?? I thought only 90 days would get the max 1.5%, 30days is only 1.2%.

Also one more question, would this "walletpassphrase 'my wallet passphrase' 99999" only unlock the wallet for the minting purpose, for the

security side, my wallet is still locked and safe, is that right?

Hi Elambert, I would suggest you to post the intrusction for the minting on the first page of this thread. I do noted that you have answer this

question in this thread, but it is just too diffcult to find it.

You must add the word 'true' on the end for minting purposes only.

walletpassphrase 'my wallet passphrase' 99999 true

Without the word true your wallet will be completely unlocked.

Use 'true' if just unlocking for POS.

Thanks Killiz, do I need to keep my wallet running nonstop for 30 days in order to get the pos reward? Or I just need to open the wallet every 30 days to unlock the client?

You only need to unlock it for minting after 30 days, 90 days for max interest.

Shouldn't take long at all until you start mining proof of stake blocks.

Once you have gained your interest type in walletlock to lock it back up.

Does it have to bei exactly 30 days ? What If I unlock it on 34 ?

30 days or over. Not sure if percentage of interest rises gradually each day from 1.2% - 1.5% but I once unlocked after about 45 days and  seemed to receive considerably more interest on the same amount of stake from a previous 30 day unlocking.

Maybe elambert or merc can clarify this.

[Percy520]

hi guys, if I have 1000 CGB and mint for 30 days, I should get 1000*1.2%/12=1CGB as interest, is my calculation right?

Actually it's 1.5%, so it would equal 1,25 CGB for the rest the calculation is correct. It's a scarce crypto

are you sure?? I thought only 90 days would get the max 1.5%, 30days is only 1.2%.

Also one more question, would this "walletpassphrase 'my wallet passphrase' 99999" only unlock the wallet for the minting purpose, for the

security side, my wallet is still locked and safe, is that right?

Hi Elambert, I would suggest you to post the intrusction for the minting on the first page of this thread. I do noted that you have answer this

question in this thread, but it is just too diffcult to find it.

You must add the word 'true' on the end for minting purposes only.

walletpassphrase 'my wallet passphrase' 99999 true

Without the word true your wallet will be completely unlocked.

Use 'true' if just unlocking for POS.

Thanks Killiz, do I need to keep my wallet running nonstop for 30 days in order to get the pos reward? Or I just need to open the wallet every 30 days to unlock the client?

You only need to unlock it for minting after 30 days, 90 days for max interest.

Shouldn't take long at all until you start mining proof of stake blocks.

Once you have gained your interest type in walletlock to lock it back up.

Edit: you don't need to keep your client running non stop, just run it every 30-90 days and unlock for minting.

Sorry another two question, if we don't need to run the client nonstop for 30days, how can the pos secure the network?
Also if I only unluck it for less than 30 days and need to move some CGB out (not all) do I still get some reward for the remaining CGB after 30days or I get nothing?

[Gabri]

Does anyone know why the splash image and loading of CGB walelt takes so much time?

CGB going up!

[Killiz]

hi guys, if I have 1000 CGB and mint for 30 days, I should get 1000*1.2%/12=1CGB as interest, is my calculation right?

Actually it's 1.5%, so it would equal 1,25 CGB for the rest the calculation is correct. It's a scarce crypto

are you sure?? I thought only 90 days would get the max 1.5%, 30days is only 1.2%.

Also one more question, would this "walletpassphrase 'my wallet passphrase' 99999" only unlock the wallet for the minting purpose, for the

security side, my wallet is still locked and safe, is that right?

Hi Elambert, I would suggest you to post the intrusction for the minting on the first page of this thread. I do noted that you have answer this

question in this thread, but it is just too diffcult to find it.

You must add the word 'true' on the end for minting purposes only.

walletpassphrase 'my wallet passphrase' 99999 true

Without the word true your wallet will be completely unlocked.

Use 'true' if just unlocking for POS.

Thanks Killiz, do I need to keep my wallet running nonstop for 30 days in order to get the pos reward? Or I just need to open the wallet every 30 days to unlock the client?

You only need to unlock it for minting after 30 days, 90 days for max interest.

Shouldn't take long at all until you start mining proof of stake blocks.

Once you have gained your interest type in walletlock to lock it back up.

Edit: you don't need to keep your client running non stop, just run it every 30-90 days and unlock for minting.

Sorry another two question, if we don't need to run the client nonstop for 30days, how can the pos secure the network?
Also if I only unluck it for less than 30 days and need to move some CGB out (not all) do I still get some reward for the remaining CGB after 30days or I get nothing?

Good point. Running your client before your stake has been stationary for 30 days or more, is not going to give you any ability to mine POS blocks.

Each day a new number of stakeholders funds become eligible for POS mining and clients across the network are unlocked for minting, helping secure the network.

About your second question, if you move even a portion of your stake, days are set back to zero for the address in which they have been sent from unfortunately.

[elambert]

hi guys, if I have 1000 CGB and mint for 30 days, I should get 1000*1.2%/12=1CGB as interest, is my calculation right?

Actually it's 1.5%, so it would equal 1,25 CGB for the rest the calculation is correct. It's a scarce crypto

are you sure?? I thought only 90 days would get the max 1.5%, 30days is only 1.2%.

Also one more question, would this "walletpassphrase 'my wallet passphrase' 99999" only unlock the wallet for the minting purpose, for the

security side, my wallet is still locked and safe, is that right?

Hi Elambert, I would suggest you to post the intrusction for the minting on the first page of this thread. I do noted that you have answer this

question in this thread, but it is just too diffcult to find it.

In order to keep the OP as concise as possible (there is already a ton of high level information) I have added in a link, as opposed to the whole write up, to the PoS interest minting guide at our sub reddit.

[paulmaritz]

I am trying to convert Dimecoin to CGB. Wish me luck. 

P.S. I've earned the Dimecoin, never bought a single Dimecoin. It is time to move the Dimecoin into a store of value. 

[Killiz]

I am trying to convert Dimecoin to CGB. Wish me luck. 

P.S. I've earned the Dimecoin, never bought a single Dimecoin. It is time to move the Dimecoin into a store of value. 

Nice one! Welcome aboard 

[paulmaritz]

I am trying to convert Dimecoin to CGB. Wish me luck. 

P.S. I've earned the Dimecoin, never bought a single Dimecoin. It is time to move the Dimecoin into a store of value. 

Nice one! Welcome aboard 

Thanks.

[peterzz]

The MADE project has new progress

what progress? any one know?

[paulmaritz]

It is not much, but I've managed to convert 20,000,000 DimeCoin into 70.97984765 CGB.