Trying to stake ESP2 on the v0.8.6.6-Patch 0 Alpha windows wallet. I have a few million coins and i have encrypted the wallet and unlocked it for staking. The Up arrow says things like "2 hours remaining until stake" or "58 minutes until stake" but I have yet to see any stake rewards. This has been up and running for 24 hours now. Any ideas?
It will stake though it will take some time as many users have pooled their coins at PoSwallet and others have bought up larger amounts. There is a large interest in the project now a days and as such staking has become harder as more users leave their wallets online to do so.
Overall it's honestly a good problem to have. We will still be updating to PoS-v3 later on and looking into further improvements for the PoS distribution so that everyone can stake and have fun as we don't want anyone left out.
After all, this is a project for the community by the community (It's because of the community that we've all gotten this far) and we are here to make sure it runs correctly and is improved along the way.
They'll definitely consider it if cryptocoderz wants to submit it and explain why its innovative (I think it being pow/pos and soon to be masternode is a pretty big thing)
Well, there's more than just that, we utilize a completely custom retarget algo known as "VRX", Velocity blockchain constraint system, Windows auto-updater (which will soon be ported to all other OS's), PoS overview features just to name a few of the already released items with many more planned and inbound.
Updates happen quite periodically and we are always working on improvements.
This all being said we are excited that Bittrex has taken notice the way they have and we will be contacting them shortly explaining in detail what we have to offer and why we should be considered
Trying to stake ESP2 on the v0.8.6.6-Patch 0 Alpha windows wallet. I have a few million coins and i have encrypted the wallet and unlocked it for staking. The Up arrow says things like "2 hours remaining until stake" or "58 minutes until stake" but I have yet to see any stake rewards. This has been up and running for 24 hours now. Any ideas?
don't worry it will stake, it's working for me
How many coins do you get for staking? Do you gotta leave your PC on all day to stake? Or can you turn it off? Sorry....I have never staked before.
The longer your coins sit in your wallet the larger your "weight" grows, as your weight grows you have a higher chance of staking. Lower amounts will be harder to stake for the time being as we continue to improve the current PoS implementation but is to be a short lived nuisance. Personally, I'd leave your wallet on, and unlocked (if you have it encrypted unlock it for staking) that way you have a higher chance of staking the next block. Overall don't be discouraged if it takes some time to receive a stake.
Also the staking reward is 25% Annual interest on your wallet/client balance.
An alternative is sending coins to a staking pool such as PoSwallet (which is currently still updating the Espers wallet as of last glance).
Hope that helps
thank you for being a part of the community and we hope you enjoy your Espers experience.
They'll definitely consider it if cryptocoderz wants to submit it and explain why its innovative (I think it being pow/pos and soon to be masternode is a pretty big thing)
It has an unique algo and is soon to have an unique masternode system. I think that's innovative enough.
As mentioned above in the post there's even more features that seem to be glossed over that make this project unique but definitely being a hybrid blockchain and releasing a custom masternode system later on in the year is a big plus as well
@EveryoneA quick update on the status of Espers and our plans- Softfork block is here! If you haven't already, PLEASE update to the mandatory v0.8.6.6 release. If you have just downloaded the wallet you will have this release.
- Livecoin voting has just been amazing to watch, despite all the fud this project has received, the hatemail and everything else the community has stood by us and we are very honored to witness this. In response we are working harder than ever to roll out more updates and further improve the project. We won't stop just as you folks aren't stopping in your support. Thanks to everyone for this!
- In the next update releases we are finally looking forward to rolling out the built-in miner, as well as the messaging system given both system are still in their infancy and will undergo changes and improvements we believe you all have waited long enough. Currently the built-in mining will work for Windows users and like the auto-updater will be soon ported to the other OS's.
These updates will NOT be mandatory but the next few will be pretty exciting
EDIT:
- Come check out our subreddit and say hi!
We look forward to expanding our social media outreach and involvement