Conflict. Wait for new blocks.
Status: conflict, sent out after 5 knots
Date: 01/29/2018 11:07
Source: Generated
Debit: 0.00 MAGE
Net amount: -121.49747728 MAGE
Transaction ID:
I put 157 coins in a wallet and let it sit since Jan 12 and it's staked and confirmed 4 times. 6 other times it staked, but they resulted in orphans. As for this lending program, I have no idea how it works.
To tell you the truth, I only bought $1k of this coin because I was bored and decided to buy the shittiest ICO I could find for shear entertainment. If anyone put any serious money into this, I suggest you only run this wallet on it's own isolated vm on an isolated network with no other wallets installed. Also, don't use the web browser on that pc either. This thing screams of some sort of scam. I just can't figure out if it's just a ponzi, exit scam, or something even more sinister. Whatever it is, this thing really smells bad.
So if i understand it right.. i dont need to do anything, just put coins in wallet and they start to staked? Is there a minimum coins for POS? And lending is only in USD not in MAGE?
yeah just send it to a wallet and leave it on. I think the bigger the amount the shorter the average time to stake. it would be an interesting experiment to run 1 wallet with 100 coins vs 5 wallets with 20 coins for example. I don't know which would be ahead in the end.
BTW when I put the first 157 coins in there, the first stake didn't hit for 5 days. Then it started staking basically once per day after that, but majority were orphans.
When this stakes, you just get 2.5 coins. I guess if you had enough coins, you may be able to stake twice a day in theory, but what would be the point really of putting any large sum into this just to make 5 coins/day?
Seriously, don't put any money into this coin that you aren't afraid to lose. Nobody has any idea how it works. The wallet, the devs, the lending program are all super dodgy.
The first stakes will be 2.5 coin and the input value will be split 2 into 2 input values
The next stakes will be 2.5 coin * 2 (2 input) and continue to be split 2 into 4 input values
The next stakes will be 2.5 coin * 4 (4 input) ...
Simple math