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 !
No pessimism here, just mearly stating that the average person like me wont stake many coins
we need to buy and mine on the multipool which I am doing
Great Lord Piccolo and I like arguing sometimes, do not take too seriously !
At the moment it maybe not so much, but someday those 2% could be a nice bonus.
The POS and multipool together are also here to secure the value, and then make good %.
Have fun and a nice day
