OK, Can anyone tell me how staking works. I have my DBIC in my wallet for almost the month of March and it says its staking but not one DBIC do I see. What is the story with this. In the first posts on this forum it says that staking is hourly now, I don't understand.
thank you,
Rick (freegold)
my dbic wallet is D7iafzMtA5XUT99xa2tVBMeYf4QotN7XaJ
DubaiCoin "DBIC" Dev News
DUBAICOIN-DBIC WILL FORK AT BLOCK 40 000.
We hereby would like to announce that we want to reward all our investors, we thought long and hard how to do this.
We would like to advise everyone that we will fork DubaiCoin-DBIC at block 40 000.
We will make the following changes:
Current maturity age of coins are 30 days, the revised maturity age will be 1 hour.
Initially we decided that POS will be 1% as reward for staking we will change this to 10%.
POW reward will be halved after every 40 000 blocks.
This will give investors the opportunity to start staking immediately
and the POS blocks will reduce the total amount of coins that will be beneficial to all investors.
The new wallet will be posted within 48 hours.
We hereby would like to announce that we want to reward all our investors, we thought long and hard how to do this.
We would like to advise everyone that we will fork DubaiCoin-DBIC at block 40 000.
We will make the following changes:
Current maturity age of coins are 30 days, the revised maturity age will be 1 hour.
Initially we decided that POS will be 1% as reward for staking we will change this to 10%.
POW reward will be halved after every 40 000 blocks.
This will give investors the opportunity to start staking immediately
and the POS blocks will reduce the total amount of coins that will be beneficial to all investors.
The new wallet will be posted within 48 hours.
,,, Go Up DBIC 