[ ANN ] SAT² - A new dawn - PoS - No Premine

[nenadubica]

One useful question for everyone ....
I noticed that my sat2 wallet is locked when i close it?
DO my sat2 coins stake when my wallet is not turned on/closed?
Greetings Saturnians

[EnRageRSrtrZHeaAt]

Does anyone have figures on SAT Mined verses SAT converted to SAT2

In other words how many holders have been screwed?

[EnRageRSrtrZHeaAt]

| -- the old blockchain should be dead by now.   

I have 12 connections for the SAT wallet it's anything but dead!
Hope you guys are ready for the building Hate!

[Overspeed]

I'm very confused about the SAT2 staking feature. It was my understanding that coins which stay in the wallet, earn interest over time. For a few days now, I have been receiving micro transactions ... about 0.01 - 0.02 SAT2 every 15 minutes or so. The thing is, my balance is actually going down. When I woke this morning, my balance was 13959 SAT2, as of now, it's been reduced to 13956 SAT2. Can anyone elaborate on this?

[boosh]

I'm very confused about the SAT2 staking feature. It was my understanding that coins which stay in the wallet, earn interest over time. For a few days now, I have been receiving micro transactions ... about 0.01 - 0.02 SAT2 every 15 minutes or so. The thing is, my balance is actually going down. When I woke this morning, my balance was 13959 SAT2, as of now, it's been reduced to 13956 SAT2. Can anyone elaborate on this?

I suspect it is connected to development fund staking, which totals 1% per year of coins in your wallet. Correct me if im wrong.

[annonymous]

...............
I received SAT2 !
Thanks!!!!!!!!

[diegojks]

I want to go on record here as well that last week I received my new SAT ²

I would like to thank Dev and all the incredible work done in conjunction with https://www.cryptsy.com/ https://www.mintpal.com/ https://www.bittrex.com

We know that everything has its ups and downs, as well as NASA and http://www.spacex.com and somehow, when a community wants something definitely happens. Promote Saturn2coin for all is essential.

SAT ² has the potential, in some years stamping aircraft rockets satellites or something of interest to our community.


https://ip.bitcointalk.org/?u=https%3A%2F%2Fdl.dropboxusercontent.com%2Fu%2F26172044%2Fann%2Fheader.png&t=542&c=mQKfEhpdEsVPqw


We did a great job and is much more out there, I believe.

Congratulations to the entire community and for all those who believe that the SAT ² goes far beyond Earth.


Thank you!   

[JoeGruff]

I'm very confused about the SAT2 staking feature. It was my understanding that coins which stay in the wallet, earn interest over time. For a few days now, I have been receiving micro transactions ... about 0.01 - 0.02 SAT2 every 15 minutes or so. The thing is, my balance is actually going down. When I woke this morning, my balance was 13959 SAT2, as of now, it's been reduced to 13956 SAT2. Can anyone elaborate on this?

I don't understand fully either.

It seems your coins go from "coin" state to "stake" state. I guess you can still use them? Maybe qt doesn't show this? I'm only running the daemon. I suppose your max coins will continue to decrease and stake increase...

Edit: i just checked and my stakes went down while my coins went back up. I don't know how POS works! Any good links?

[NuShrike]

How do I get rid of the PoS SAT2 orphans?

HBN/CAP both have "Repair Wallet", but SAT2 doesn't seem to have anything like it.

[golbus]

I have 11582622.38729954 of these SAT  in my wallet It does not seem to be able to make active connections.
Are these coins now worthless?

its worth 0.2+++ Btc

but conversion is over mate

you are late

It is worth? OR It was worth?

Saturncoins Dev Still no transformation and I don't believe it will be.

[weryo]

What is going to happen with all the SAT2 coins that haven't been claimed in the conversion?

[nenadubica]

Nobody has answered me about coin staking.
Maybe the dev ought to elaborate on this topic.
I asked if my coin stake when there are locked in the wallet.
And second,when I close my wallet,it is automatically locked,isn`t it so?
Can the dev give more technical/practical insight into the coin staking.
Theory is what we know,we only miss few practical points.
P.s:I smell calm before the storm on sat2 market

[signorama]

Nobody has answered me about coin staking.
Maybe the dev ought to elaborate on this topic.
I asked if my coin stake when there are locked in the wallet.
And second,when I close my wallet,it is automatically locked,isn`t it so?
Can the dev give more technical/practical insight into the coin staking.
Theory is what we know,we only miss few practical points.
P.s:I smell calm before the storm on sat2 market

Hello, get the facts straight by reading this :-> http://wiki.hobonickels.info/index.php?title=Proof_of_Stake
If after reading you still have doubts then come back with them.

[weryo]

Nobody has answered me about coin staking.
Maybe the dev ought to elaborate on this topic.
I asked if my coin stake when there are locked in the wallet.
And second,when I close my wallet,it is automatically locked,isn`t it so?
Can the dev give more technical/practical insight into the coin staking.
Theory is what we know,we only miss few practical points.
P.s:I smell calm before the storm on sat2 market

Hello, get the facts straight by reading this :-> http://wiki.hobonickels.info/index.php?title=Proof_of_Stake
If after reading you still have doubts then come back with them.

I'm not the dev but the quick version:
You need to unlock for staking ((Settings->Unlock wallet, you can check 'For staking only' for extra security).
Yes, after closing the wallet it is automatically locked again.

[nenadubica]

Nobody has answered me about coin staking.
Maybe the dev ought to elaborate on this topic.
I asked if my coin stake when there are locked in the wallet.
And second,when I close my wallet,it is automatically locked,isn`t it so?
Can the dev give more technical/practical insight into the coin staking.
Theory is what we know,we only miss few practical points.
P.s:I smell calm before the storm on sat2 market

Hello, get the facts straight by reading this :-> http://wiki.hobonickels.info/index.php?title=Proof_of_Stake
If after reading you still have doubts then come back with them.

I'm not the dev but the quick version:
You need to unlock for staking ((Settings->Unlock wallet, you can check 'For staking only' for extra security).
Yes, after closing the wallet it is automatically locked again.

Thanks man,that was what I needed to hear.
So,in a line:I need to keep the wallet running and unlocked in order to benefit from staking.
Sounds unsecure to me since I had "an accident" 6 months ago when I
was left without a few millions of Doge...
I think I will skip the staking process,nevertheless I wont dump my SAT2 before 25 as i said...

[Saturncoins]

We will handle the open requests and payments tonight. Thanks for your support!

[Promethium]

Does anyone have figures on SAT Mined verses SAT converted to SAT2

In other words how many holders have been screwed?

Can we have an answer to this?

[JoeGruff]

Nobody has answered me about coin staking.
Maybe the dev ought to elaborate on this topic.
I asked if my coin stake when there are locked in the wallet.
And second,when I close my wallet,it is automatically locked,isn`t it so?
Can the dev give more technical/practical insight into the coin staking.
Theory is what we know,we only miss few practical points.
P.s:I smell calm before the storm on sat2 market

Hello, get the facts straight by reading this :-> http://wiki.hobonickels.info/index.php?title=Proof_of_Stake
If after reading you still have doubts then come back with them.

I'm not the dev but the quick version:
You need to unlock for staking ((Settings->Unlock wallet, you can check 'For staking only' for extra security).
Yes, after closing the wallet it is automatically locked again.

Thanks man,that was what I needed to hear.
So,in a line:I need to keep the wallet running and unlocked in order to benefit from staking.
Sounds unsecure to me since I had "an accident" 6 months ago when I
was left without a few millions of Doge...
I think I will skip the staking process,nevertheless I wont dump my SAT2 before 25 as i said...

.000025 BTC?

[baby222]

anyway no permine is good

[JoeGruff]

anyway no permine is good

What happens to all the coins in the first block? Are they accessable to the Dev without SAT1 private keys?