Coin Splitting Explained by Developer via Slack:1) Advantages
2) Step by step tutorial
3) Optimal amountsslievensdrkslk [4:37 PM]
wait till you get coins and use split coins function
enable coin control
on send page you will see split coin
split your coins into multi inputs at the touch of a button
cryptoloot [4:38 PM]
what is the advantage of splitting coins?
slievensdrkslk [4:39 PM]
increases amounts of inputs on the network able to stake
thus increasing the regularity of PoS blocks
and further increasing the security of the network
cryptoloot [4:39 PM]
is there an optimum amount per address for staking?
slievensdrkslk [4:40 PM]
combined stake threshold is 2x500
cryptoloot [4:41 PM]
@slievensdrkslk no idea what that means
slievensdrkslk [4:41 PM]
if you have 100000 coins
i would make 100 inputs of 1000 coins
or 200 of 500 coins
basically make a load of inputs
and dont make them lower than a 100 coins each
cryptoloot [4:41 PM]
gotcha, thanks for explaining
slievensdrkslk [4:42 PM]
np
cryptoloot [4:42 PM]
lets see, 800k divided by x = a shit load
slievensdrkslk [4:42 PM]
lol
800 inputs of a 1000 coins
cryptoloot [4:43 PM]
i guess the splitting option will save a bunch of time
slievensdrkslk [4:43 PM]
thats ok just wait till you use it
go to coin control
select input
type amount
hit send
confirm send
1 input
cryptoloot [4:44 PM]
does that mean i will need 800 addresses?
slievensdrkslk [4:44 PM]
wait till you use it
its fully auto bro
tick box
cryptoloot [4:44 PM]
sweet
slievensdrkslk [4:44 PM]
open coin control
select input
tick split coins box
snetwork-mark [4:44 PM]
will they be blocks on the same address or real addresses?
slievensdrkslk [4:44 PM]
type desired amount of inputs
boom
done
real addresses
new inputs
Can i get clarification on splitting? I must be doing something wrong.
I keep getting "split block tool does not work when sending to an outside address".
thanks,
john
Close, but no banana.
1. Create a new address and copy this to clipboard (right-click, copy address).
2. Enable "Coin Control" in options.
3. Go to the "Send" tab.
4. Open "Coin Control".
5. Select input you want to split (biggest one) and make a note of the amount after fee.
6. Close "Coin Control" and go back to send tab.
7. Tick "Split Coin".
8. In the "# of Inputs" field, type in amount of inputs you wish to create.
(If you have a million coins, make 1000 inputs, if you have 100,000's of coins make 100's inputs, if you have 10,000's make 10's of inputs, if you have 100's of coins don't bother to split your inputs and just buy more Silk
)
9. In the address field of the send form enter the address you created in step 1.
10. In the amount field of the send form enter the amount of coins from step 5.
11. Hit send.
Success!!!!!
Go back to coin control and check your inputs, lay back and relax
