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coine_smithe
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March 04, 2014, 08:26:50 PM |
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I have read the POS faq and my question is still unanswered.
Do I have to keep the wallet running on my computer all the time, or can I exit, and just check in on it every couple days? If you are going to attempt to answer this question, I do not need to know about locking or unlocking the wallet.
The reason I ask, is, I am not a big fan of having multiple wallets running in the background for no reason.
You will not get any Blackcoins with your wallet off. That I can plainly tell you. If your coins are stored offline either in a paper wallet or in a file, but you have the wallet program running, you might still get transaction fees. If the wallet is empty though I believe you would never get any fees though I might be wrong. If your wallet is online and unlocked (or just unencrypted, which is unsafe) and you have coins in it, then you will get %1 per year. The %1 is an incentive to support the network since there is no mining any more to support the network, only wallets. |
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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jacek1973
Member
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Activity: 84
Merit: 10
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March 04, 2014, 08:28:24 PM
Last edit: March 04, 2014, 08:43:45 PM by jacek1973 |
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50BTC turn on mintpal, so much has been sold as a minor, but someone buys a cheap BC, probably as usual most sold its BC
amateur speculator went to sleep and probably lost all of BC
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jam52633
Newbie
Offline
Activity: 50
Merit: 0
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March 04, 2014, 08:36:11 PM |
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I have read the POS faq and my question is still unanswered.
Do I have to keep the wallet running on my computer all the time, or can I exit, and just check in on it every couple days? If you are going to attempt to answer this question, I do not need to know about locking or unlocking the wallet.
The reason I ask, is, I am not a big fan of having multiple wallets running in the background for no reason.
You will not get any Blackcoins with your wallet off. That I can plainly tell you. If your coins are stored offline either in a paper wallet or in a file, but you have the wallet program running, you might still get transaction fees. If the wallet is empty though I believe you would never get any fees though I might be wrong. If your wallet is online and unlocked (or just unencrypted, which is unsafe) and you have coins in it, then you will get %1 per year. The %1 is an incentive to support the network since there is no mining any more to support the network, only wallets. Thank you for you reply! So does anyone else see the downfall in this? I am going to leave my wallet open and unsecure, all so I can earn %1 yearly interest? Sounds like the thieves will win in the end? |
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brightlight
Legendary
Offline
Activity: 1288
Merit: 1000
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March 04, 2014, 08:42:57 PM |
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Anyone had problems with Mintpal deposit? I deposited to my account, but balance is not listing any coins. Tx ID in explorer shows that wallet contains those coins.
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neilh
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March 04, 2014, 08:46:48 PM |
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Anyone had problems with Mintpal deposit? I deposited to my account, but balance is not listing any coins. Tx ID in explorer shows that wallet contains those coins.
Looks like it's a bit slow atm, my withdrawal is still confirmed status for last 40 mins. |
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XbladeX
Legendary
Offline
Activity: 1302
Merit: 1002
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March 04, 2014, 08:56:01 PM |
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I have read the POS faq and my question is still unanswered.
Do I have to keep the wallet running on my computer all the time, or can I exit, and just check in on it every couple days? If you are going to attempt to answer this question, I do not need to know about locking or unlocking the wallet.
The reason I ask, is, I am not a big fan of having multiple wallets running in the background for no reason.
You will not get any Blackcoins with your wallet off. That I can plainly tell you. If your coins are stored offline either in a paper wallet or in a file, but you have the wallet program running, you might still get transaction fees. If the wallet is empty though I believe you would never get any fees though I might be wrong. If your wallet is online and unlocked (or just unencrypted, which is unsafe) and you have coins in it, then you will get %1 per year. The %1 is an incentive to support the network since there is no mining any more to support the network, only wallets. Thank you for you reply! So does anyone else see the downfall in this? I am going to leave my wallet open and unsecure, all so I can earn %1 yearly interest? Sounds like the thieves will win in the end? POS system need POS miners this different manner of keeping network alive. I think if someone will hack your PC and install eg. some Trojan then pass on wallet won't help you at all. Always you can skip supporting part buy you won't earn fees and 1% (daily part interest). Similar problem have PPC with minting while wallet need to be opened. POS system is pretty new i think soon in future one of clones will adopt minting while wallet is locked but not now. PPC have 6 months old and even more though rules of getting 1% intrest here you only just keep mint 8h log of for a year log in after 365 days and rdy +1%. Note that in PPC you need mint 30days eg... BCX have 10days. Yes POS have downsides offcourse. But in other hand you dont figh all time with other miner at exchanges and with building minig gearall time. AS pos miner you need more invest from own bag to deveop coin in long run you have more at beginning but you need share it to keep it alive. |
Request / 26th September / 2022 APP-06-22-4587
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Soepkip
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March 04, 2014, 09:03:29 PM |
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brightlight
Legendary
Offline
Activity: 1288
Merit: 1000
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March 04, 2014, 09:05:58 PM |
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Anyone had problems with Mintpal deposit? I deposited to my account, but balance is not listing any coins. Tx ID in explorer shows that wallet contains those coins.
Looks like it's a bit slow atm, my withdrawal is still confirmed status for last 40 mins. Ok, let's wait. I already sent a ticket to them. Maybe they have to restart daemon |
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brightlight
Legendary
Offline
Activity: 1288
Merit: 1000
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March 04, 2014, 09:14:26 PM |
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Anyone had problems with Mintpal deposit? I deposited to my account, but balance is not listing any coins. Tx ID in explorer shows that wallet contains those coins.
Looks like it's a bit slow atm, my withdrawal is still confirmed status for last 40 mins. Ok, let's wait. I already sent a ticket to them. Maybe they have to restart daemon Deposit gone through! Mintpal rocks, what cannot say about Cryptsy. |
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neilh
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March 04, 2014, 09:19:19 PM |
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Anyone had problems with Mintpal deposit? I deposited to my account, but balance is not listing any coins. Tx ID in explorer shows that wallet contains those coins.
Looks like it's a bit slow atm, my withdrawal is still confirmed status for last 40 mins. Ok, let's wait. I already sent a ticket to them. Maybe they have to restart daemon Deposit gone through! Mintpal rocks, what cannot say about Cryptsy. Mine just landed too!  |
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Jabulon
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March 04, 2014, 09:19:49 PM |
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I have read the POS faq and my question is still unanswered.
Do I have to keep the wallet running on my computer all the time, or can I exit, and just check in on it every couple days? If you are going to attempt to answer this question, I do not need to know about locking or unlocking the wallet.
The reason I ask, is, I am not a big fan of having multiple wallets running in the background for no reason.
You will not get any Blackcoins with your wallet off. That I can plainly tell you. If your coins are stored offline either in a paper wallet or in a file, but you have the wallet program running, you might still get transaction fees. If the wallet is empty though I believe you would never get any fees though I might be wrong. If your wallet is online and unlocked (or just unencrypted, which is unsafe) and you have coins in it, then you will get %1 per year. The %1 is an incentive to support the network since there is no mining any more to support the network, only wallets. Thank you for you reply! So does anyone else see the downfall in this? I am going to leave my wallet open and unsecure, all so I can earn %1 yearly interest? Sounds like the thieves will win in the end? POS system need POS miners this different manner of keeping network alive. I think if someone will hack your PC and install eg. some Trojan then pass on wallet won't help you at all. Always you can skip supporting part buy you won't earn fees and 1% (daily part interest). Similar problem have PPC with minting while wallet need to be opened. POS system is pretty new i think soon in future one of clones will adopt minting while wallet is locked but not now. PPC have 6 months old and even more though rules of getting 1% intrest here you only just keep mint 8h log of for a year log in after 365 days and rdy +1%. Note that in PPC you need mint 30days eg... BCX have 10days. Yes POS have downsides offcourse. But in other hand you dont figh all time with other miner at exchanges and with building minig gearall time. AS pos miner you need more invest from own bag to deveop coin in long run you have more at beginning but you need share it to keep it alive. You have a couple misunderstandings of how this works. Let me make it a bit clearer, as your questions are fairly common: First of all no, you do not need to be running your wallet continuously 24/7. You could unlock it for minting once once a month, collect your interest based on the age-weight of your stake, and close the wallet. Note that unlocking is a 'mint-only' command, meaning transfers out from your wallet will still require a password. Just encrypt the wallet, open it when you wish, sync, unlock and stake for a few hours, collect interest. It's that simple. The only advantage to frequent or constant minting is that the tiny amounts mature and become viable for stake themselves - hence compounding of interest. Hope that helps clarify. |
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fullhdpixel
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March 04, 2014, 09:19:55 PM |
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Done! I suggest everyone to do the same. More exchanges means more opportunities for you to profit of arbitrage and bring many new people in BlackCoin. |
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neilh
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March 04, 2014, 09:21:14 PM |
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Done! I suggest everyone to do the same. More exchanges means more opportunities for you to profit of arbitrage and bring many new people in BlackCoin. Done! |
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oldmarsh
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March 04, 2014, 09:31:52 PM |
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Yes, let's get this link up at the top of the OP |
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brightlight
Legendary
Offline
Activity: 1288
Merit: 1000
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March 04, 2014, 09:34:21 PM |
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Well... I wanted to try to sell higher and buy some additional coins, but decided not to do that.
I'll stand by with that amount I have. I still believe that this coin will heal from this momentum and will grow. A bird in the hand is worth two in the bush!
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fullhdpixel
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March 04, 2014, 09:38:19 PM |
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Well... I wanted to try to sell higher and buy some additional coins, but decided not to do that.
I'll stand by with that amount I have. I still believe that this coin will heal from this momentum and will grow. A bird in the hand is worth two in the bush!
Today we had a black day. Don't worry, tomorrow we will go far beyond expectations and move to new heights. I suggest you help too and start voting, buying and spreading the word about blackcoin. |
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NoUseForACoin
Full Member
Offline
Activity: 140
Merit: 100
trading in the shadow's shadow
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March 04, 2014, 09:39:23 PM |
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I think we need Wolong
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XbladeX
Legendary
Offline
Activity: 1302
Merit: 1002
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March 04, 2014, 09:46:08 PM |
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I think we need Wolong
No way.... look uno chart... https://www.cryptsy.com/markets/view/133or PANDA... I want BC to be big not to be toy in hand one ashole he think only about his BTCs not yours... When he is lliving market he rape cointo ground just look on charts do we realy need him ? NO WAY... We as community can drive BC high it take time, but multipools will help me achive it in long run. |
Request / 26th September / 2022 APP-06-22-4587
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gazzamc
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March 04, 2014, 09:50:14 PM |
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Done  |
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Crypto Whale
Newbie
Offline
Activity: 42
Merit: 0
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March 04, 2014, 09:51:17 PM |
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Voted |
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