[ANN] (WC) | WhiteCoin | BIG NEWS: Foundation, investors & more ☯ whitecoin.info

[LordPiccolo]

Is it every 15 days or after 15 days it's every minute?

Cant fine the time limit for the coins but: if it is 15 days, the coins in your wallet will stake every 15 days minimum, sometimes it goes over and sometimes you just don't find a stake block.

After the minimum period the clock resets and you have to wait the period again. This could happen everyday and not every 15 as nothing has been released about the pos yet.
At this stage it really is pointless waiting for your coins to stake as you will need a considerable amount to get anything decent.

If you want to play with pos a little, CGB, ZEIT and MINT will give you a taster

[Mk2vr6]

At least waffle have no coins left!

[LordPiccolo]

Hold your coins and be smart. Don't be a noob trader.

+1 anyone just coming into crypto, please don't try and make a small profit on this coin otherwise you'll be kicking yourself in a few weeks.

[Historical]

I pointed my rig to chunky pool, and I see my hashes. But, balances are empty... is that ok?

[LordPiccolo]

I pointed my rig to chunky pool, and I see my hashes. But, balances are empty... is that ok?

Give it some time, you might only see a balance on confirmed coins

[illiki23]

Am i correct in saying that as long as your wallet is online, It will be staking?

or do i have to do anything else

Should be able to leave your wallet offline, just load it up, sync it every week and it will stake once the coins have been in your wallet for the length of time required to stake.

15 days in your wallet for staking I believe

Cool Thanks

Can anyone else confirm?

Unless you have like half of the pow coins, I wouldnt even bother with pos anyway, you'll probably find more money on the pavement thatn you'd get from the pos

+1 don't bother with POS. Even if you have 1 million WC you will only get 50 WC per day. Unless you want to hold for 10 years and still it could not be worth it since of the price lowers just 2% then ALL your stake of a year was a complete waste of time... Sorry do the maths PoS doesnt look that good anymore.

Investors in some good POS coins do not gain value from the staking itself but rather the constant buy pressure that comes from an active multipool as well as adoption and usage of the currency.  We gain minimal value from the staking itself as investors, but staking definitely has a purpose.  First, supporting the network via staking rather than mining prevents a coin from being drained by other multipools.  Second it prevents deflation making it a usable currency.

As investors we gain value simply because the coins themselves gains in value.  You cannot gain value by generating more coins, which is why you can't just make a coin with a billion percent per year staking rate.

[LordPiccolo]

Am i correct in saying that as long as your wallet is online, It will be staking?

or do i have to do anything else

Should be able to leave your wallet offline, just load it up, sync it every week and it will stake once the coins have been in your wallet for the length of time required to stake.

15 days in your wallet for staking I believe

Cool Thanks

Can anyone else confirm?

Unless you have like half of the pow coins, I wouldnt even bother with pos anyway, you'll probably find more money on the pavement thatn you'd get from the pos

+1 don't bother with POS. Even if you have 1 million WC you will only get 50 WC per day. Unless you want to hold for 10 years and still it could not be worth it since of the price lowers just 2% then ALL your stake of a year was a complete waste of time... Sorry do the maths PoS doesnt look that good anymore.

Investors in some good POS coins do not gain value from the staking itself but rather the constant buy pressure that comes from an active multipool as well as adoption and usage of the currency.  We gain minimal value from the staking itself as investors, but staking definitely has a purpose.  First, supporting the network via staking rather than mining prevents a coin from being drained by other multipools.  Second it prevents deflation making it a usable currency.

As investors we gain value simply because the coins themselves gains in value.  You cannot gain value by generating more coins, which is why you can't just make a coin with a billion percent per year staking rate.

Great statement, Staking is very important from a network perspective. I think a few people think loads of coins are going to appear in their wallet over night which happens in every ann thread when a POS coin gets released. There are a lot or people with expectations about staking that don't ring true as they don't fully understand what it does and how it works

[ask4MORE]

I really don't understand how staking works (POS) and i would appreciate is someone could explain it to me.

[Historical]

I pointed my rig to chunky pool, and I see my hashes. But, balances are empty... is that ok?

Give it some time, you might only see a balance on confirmed coins

Already has passed 2 hours...

[ABBAS]

I have downloaded my white coin wallet, unlocked it and it is running. There are coins in it.But I do not see a green upwards pointing arrow which when you put your cursor on will say staking (My blackcoin wallet has this arrow) Nowhere I see a message in wallet that it is staking.It is connected to network,has active connections. Can somebody help?

[LordPiccolo]

I pointed my rig to chunky pool, and I see my hashes. But, balances are empty... is that ok?

Give it some time, you might only see a balance on confirmed coins

Already has passed 2 hours...

Can anyone advise on this please?

[igoork]

Is wafflepool still dumping?

[Historical]

I pointed my rig to chunky pool, and I see my hashes. But, balances are empty... is that ok?

Give it some time, you might only see a balance on confirmed coins

Already has passed 2 hours...

Can anyone advise on this please?

which stratum u use?

stratum+tcp://europe.chunkypools.com:3337

[Croak]

I really don't understand how staking works (POS) and i would appreciate is someone could explain it to me.

I have downloaded my white coin wallet, unlocked it and it is running. There are coins in it.But I do not see a green upwards pointing arrow which when you put your cursor on will say staking (My blackcoin wallet has this arrow) Nowhere I see a message in wallet that it is staking.It is connected to network,has active connections. Can somebody help?

This is for that other coin, but the same thing applies to WC:

http://www.blackcoin.co/faq/

TL;DR  No guarantee you'll stake in any given period.

[jc12345]

I have downloaded my white coin wallet, unlocked it and it is running. There are coins in it.But I do not see a green upwards pointing arrow which when you put your cursor on will say staking (My blackcoin wallet has this arrow) Nowhere I see a message in wallet that it is staking.It is connected to network,has active connections. Can somebody help?

I think everyone has the issue and needs some dev action with a wallet upgrade.

[j4r3k]

There is no unlock option in current wallet - at least I don't have one (wallet is encrypted).

[cryptoba]

Am i correct in saying that as long as your wallet is online, It will be staking?

or do i have to do anything else

Should be able to leave your wallet offline, just load it up, sync it every week and it will stake once the coins have been in your wallet for the length of time required to stake.

15 days in your wallet for staking I believe

Cool Thanks

Can anyone else confirm?

Unless you have like half of the pow coins, I wouldnt even bother with pos anyway, you'll probably find more money on the pavement thatn you'd get from the pos

+1 don't bother with POS. Even if you have 1 million WC you will only get 50 WC per day. Unless you want to hold for 10 years and still it could not be worth it since of the price lowers just 2% then ALL your stake of a year was a complete waste of time... Sorry do the maths PoS doesnt look that good anymore.

Investors in some good POS coins do not gain value from the staking itself but rather the constant buy pressure that comes from an active multipool as well as adoption and usage of the currency.  We gain minimal value from the staking itself as investors, but staking definitely has a purpose.  First, supporting the network via staking rather than mining prevents a coin from being drained by other multipools.  Second it prevents deflation making it a usable currency.

As investors we gain value simply because the coins themselves gains in value.  You cannot gain value by generating more coins, which is why you can't just make a coin with a billion percent per year staking rate.

+888
Totally right !

Lord Piccolo, what are u doing here, if it you earn better money on the streets !
Same, for itos !
Stop with your math and pessimism !

[SxC]

Is wafflepool still dumping?

There all dumped out no more from waffle

[Stratobitz]

Wow Whitecoin has blown past Blackcoin in terms of volume. Depth chart is looking great a lot of sell pressure. Looking like Saturday will be a great day for WC!

[Historical]

stratum+tcp://europe.chunkypools.com:3337

1st sorry for bad english.. 

1.wc multipool now mining dogecoin, you can check here : https://chunkypools.com/wc/
2.have you check your worker hashrate here https://chunkypools.com/account ?

yes, I see my worker hashrate, and that MP is mining DOGE...