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Topic: ⚡[ANN]⚡ ▐░Espers [ESP]░▌▐░PoW/PoS░▌▐░HMQ1725 Algo░▌ ▐░New Features░▌ - page 163. (Read 924040 times)

hero member
Activity: 532
Merit: 500
hero member
Activity: 1330
Merit: 515
Coin Mage
One small doubt I'd appreciate if you could answer:

- Do the active connections to the Espers network influentiate the staking? The most I've ever had is 1 active connection, always.

No the number of active connections does not influence your staking probability, although 1 connection is a bit low  Wink If your only connection drops while it's your turn, you will miss the stake. Take a look at the wallet syncing guide in my signature.


Proving your stake requires you to sign transactions, for signing you need your private key. When encrypting or "locking" your wallet, the private keys are encrypted, so that doesn't work.  Wink Makes sense?

How can I sign  a transaction and how do I acquire the private key?

All of that happens automatically, you have nothing to do. You can read how the original PPCoin PoS system works here: https://bitcoinmagazine.com/articles/what-proof-of-stake-is-and-why-it-matters-1377531463/ Your wallet will do all of these things on its own if online.


So for staking you gotta connect the wallet online 24/7? Theres no certain days of the week for stakes?

Every block could be your block so you don't want to miss it.
jr. member
Activity: 66
Merit: 1
Bought a few at 12 sats. Guess it was too soon. Will buy some more if it goes any lower.
Luck you! I bought at 23 sat. Keep holding!

Buy and hold. Bought at 8, 12 ,20, and even 34. I'm in it for the long haul. Espers is very undervalued IMO.
sr. member
Activity: 602
Merit: 263
Bought a few at 12 sats. Guess it was too soon. Will buy some more if it goes any lower.
Luck you! I bought at 23 sat. Keep holding!
full member
Activity: 186
Merit: 101
Bought a few at 12 sats. Guess it was too soon. Will buy some more if it goes any lower.
sr. member
Activity: 650
Merit: 350
NOBT - WNOBT your saving bank◕◡◕
New Features sound very nice, what are these New Features for Espers and when the Dev team will implant these new futures?
sr. member
Activity: 1056
Merit: 270
So for staking you gotta connect the wallet online 24/7? Theres no certain days of the week for stakes?
full member
Activity: 172
Merit: 100
Proving your stake requires you to sign transactions, for signing you need your private key. When encrypting or "locking" your wallet, the private keys are encrypted, so that doesn't work.  Wink Makes sense?

How can I sign  a transaction and how do I acquire the private key?
hero member
Activity: 774
Merit: 500

ESP was listed just few hours ago to alcurex and one team member has already reguested cmc to add that exchange. it takes some time.
hero member
Activity: 774
Merit: 500
sr. member
Activity: 602
Merit: 250
Uau, it was nice this new look on the homepage of bitcointalk. Success to espers. Is it that by the end of the year we reach 150 satoshi?
sr. member
Activity: 1064
Merit: 264
I've locked my wallet yesterday.

When I watch the "Generate Tab" I see PoS "Not Staking".

Weight: 1% Me 99% Network.

Any ideas?

To stake you have to UNLOCK the wallet and see this




But others said that in order to stake, I need to lock it..  Shocked

Some people here kept spreading that in order to stake, you need to encrypt your wallet and then unlock it ... which is nonsense of course, you don't need to encrypt your wallet, and if you do, you have to unlock it in order to stake. Proving your stake requires you to sign transactions, for signing you need your private key. When encrypting or "locking" your wallet, the private keys are encrypted, so that doesn't work.  Wink Makes sense?

When you have the default settings, nothing else is needed ... keep your wallet online. Depending on your balance, you might stake between once a year and once a minute. The frequency is more or less proportional to your balance. The time to wait to get a reward will be fixed with the upcoming update to the wallet.

Came here to clarify a few doubts I had on staking and you've answered them already, thank you!

It's my first time staking and I'm using the 25K coins I got from the translation. I've had my PC on for 8 straight hours and so on and I'll keep doing so until eventually I get my first reward.

One small doubt I'd appreciate if you could answer:

- Do the active connections to the Espers network influentiate the staking? The most I've ever had is 1 active connection, always.

Thank you.
hero member
Activity: 1330
Merit: 515
Coin Mage
I've locked my wallet yesterday.

When I watch the "Generate Tab" I see PoS "Not Staking".

Weight: 1% Me 99% Network.

Any ideas?

To stake you have to UNLOCK the wallet and see this




But others said that in order to stake, I need to lock it..  Shocked

Some people here kept spreading that in order to stake, you need to encrypt your wallet and then unlock it ... which is nonsense of course, you don't need to encrypt your wallet, and if you do, you have to unlock it in order to stake. Proving your stake requires you to sign transactions, for signing you need your private key. When encrypting or "locking" your wallet, the private keys are encrypted, so that doesn't work.  Wink Makes sense?

When you have the default settings, nothing else is needed ... keep your wallet online. Depending on your balance, you might stake between once a year and once a minute. The frequency is more or less proportional to your balance. The time to wait to get a reward will be fixed with the upcoming update to the wallet.
member
Activity: 66
Merit: 10
Trust me, you have to keep your wallet UNLOCKED and running 24/7. The staking will begin and you'll see that white arrow.
full member
Activity: 308
Merit: 100
I've locked my wallet yesterday.

When I watch the "Generate Tab" I see PoS "Not Staking".

Weight: 1% Me 99% Network.

Any ideas?

To stake you have to UNLOCK the wallet and see this






But others said that in order to stake, I need to lock it..  Shocked
member
Activity: 66
Merit: 10
I've locked my wallet yesterday.

When I watch the "Generate Tab" I see PoS "Not Staking".

Weight: 1% Me 99% Network.

Any ideas?

To stake you have to UNLOCK the wallet and see this



full member
Activity: 308
Merit: 100
I've locked my wallet yesterday.

When I watch the "Generate Tab" I see PoS "Not Staking".

Weight: 1% Me 99% Network.

Any ideas?
legendary
Activity: 1246
Merit: 1024
Warning: wallet wallet file dat read failure! The most important public key, private key data is no problem, but trading records or address book for more than it, or loss of data.


How to solve? Help!!


What is why you need to always keep a current back up(s) of you wallet.dat file. If it gets corrupted and you did not back it up you are SOL.
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