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Topic: [ANN] [MCL] MiracleCoin | No ICO | Proof of Faucet distribution | Traders Coin - page 27. (Read 190831 times)

hero member
Activity: 636
Merit: 500
.....and  start staking for free coins  Wink

How does this staking thing work? Do i need some special settings to do it?
You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?

You need to have coins in it to stake

OK, thanks for the info.
Is the reward proportional to the amount of coins in the wallet?

I dont know. I have looked at it and I think that if you have a small amount of coins then maybe you dont get the full staking of 5%.
I have seen that in another coin. I also had staking in 5 hours and then I had to reboot my computer and for 2 days it said staking 1 day.


Its proportional usually based yearly so 100 coins should get you 5 over the year it'll be more due to minting the interest Bear in mind low amounts may never get enough weight to stake


Just to have a better idea of what we are talking about: what is "low amount" in number of coins : 10 or 100 or 1000 ?

You have to test because it depends on the network. Nobody can tell.
hero member
Activity: 636
Merit: 500
.....and  start staking for free coins  Wink

How does this staking thing work? Do i need some special settings to do it?
You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?

You need to have coins in it to stake.




OK, thanks for the info.
Is the reward proportional to the amount of coins in the wallet?

just as a fyi if you dont know. you need to encrypt your wallet with a passphrase and unlock it to stake i believe.
it is a good practice to encrypt the wallet but for staking, it is not necessary to encrypt and then unlock.
you can simply not encrypt and keep it open for staking.

You can do that in other coins , so why not in this one? Encryption just put a layer of security.
full member
Activity: 206
Merit: 100
Didn't know there would be such a distribution model.It seems missed opportunities for free.Now the price is very low.But a lot of comments, really difficult to judge whether worth the investment.
legendary
Activity: 3402
Merit: 1227
Top Crypto Casino
.....and  start staking for free coins  Wink

How does this staking thing work? Do i need some special settings to do it?
You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?

You need to have coins in it to stake

OK, thanks for the info.
Is the reward proportional to the amount of coins in the wallet?

I dont know. I have looked at it and I think that if you have a small amount of coins then maybe you dont get the full staking of 5%.
I have seen that in another coin. I also had staking in 5 hours and then I had to reboot my computer and for 2 days it said staking 1 day.


Its proportional usually based yearly so 100 coins should get you 5 over the year it'll be more due to minting the interest Bear in mind low amounts may never get enough weight to stake


Just to have a better idea of what we are talking about: what is "low amount" in number of coins : 10 or 100 or 1000 ?
full member
Activity: 457
Merit: 103
.....and  start staking for free coins  Wink

How does this staking thing work? Do i need some special settings to do it?
You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?

You need to have coins in it to stake

OK, thanks for the info.
Is the reward proportional to the amount of coins in the wallet?

just as a fyi if you dont know. you need to encrypt your wallet with a passphrase and unlock it to stake i believe.
it is a good practice to encrypt the wallet but for staking, it is not necessary to encrypt and then unlock.
you can simply not encrypt and keep it open for staking.
legendary
Activity: 1050
Merit: 1000
.....and  start staking for free coins  Wink

How does this staking thing work? Do i need some special settings to do it?
You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?

You need to have coins in it to stake

OK, thanks for the info.
Is the reward proportional to the amount of coins in the wallet?

just as a fyi if you dont know. you need to encrypt your wallet with a passphrase and unlock it to stake i believe.

You don't it's just a good idea. Security and it stops the wallet trying to stake during sync
hero member
Activity: 620
Merit: 500
.....and  start staking for free coins  Wink

How does this staking thing work? Do i need some special settings to do it?
You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?

You need to have coins in it to stake

OK, thanks for the info.
Is the reward proportional to the amount of coins in the wallet?

just as a fyi if you dont know. you need to encrypt your wallet with a passphrase and unlock it to stake i believe.
legendary
Activity: 1050
Merit: 1000
.....and  start staking for free coins  Wink

How does this staking thing work? Do i need some special settings to do it?
You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?

You need to have coins in it to stake

OK, thanks for the info.
Is the reward proportional to the amount of coins in the wallet?

I dont know. I have looked at it and I think that if you have a small amount of coins then maybe you dont get the full staking of 5%.
I have seen that in another coin. I also had staking in 5 hours and then I had to reboot my computer and for 2 days it said staking 1 day.


Its proportional usually based yearly so 100 coins should get you 5 over the year it'll be more due to minting the interest Bear in mind low amounts may never get enough weight to stake
hero member
Activity: 636
Merit: 500
.....and  start staking for free coins  Wink

How does this staking thing work? Do i need some special settings to do it?
You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?

You need to have coins in it to stake

OK, thanks for the info.
Is the reward proportional to the amount of coins in the wallet?

I dont know. I have looked at it and I think that if you have a small amount of coins then maybe you dont get the full staking of 5%.
I have seen that in another coin. I also had staking in 5 hours and then I had to reboot my computer and for 2 days it said staking 1 day.
legendary
Activity: 3402
Merit: 1227
Top Crypto Casino
.....and  start staking for free coins  Wink

How does this staking thing work? Do i need some special settings to do it?
You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?

You need to have coins in it to stake

OK, thanks for the info.
Is the reward proportional to the amount of coins in the wallet?
hero member
Activity: 995
Merit: 500
I thought I would quickly jump on and give you a sort of quick rundown with what will be coming to MiracleCoin.

I will have to make some coherent roadmap, but the idea is something like this:
- For the first 3-4 weeks create at least 5-6 basic and with some advanced features trade bots
- iOS/Android wallet
- Trade bots marketplace where people can buy/sell or just share their own trade bots

I hope this will ease some concerns while I get back to finishing the bots.

Nice, Thanks !  Cool

super DEV keep it up... Good time to buy cheap now... yeah!
sr. member
Activity: 268
Merit: 250
Some people will be very happy.Always can buy cheap COINS, unexpectedly. Cheesy


+1
hero member
Activity: 636
Merit: 500
.....and  start staking for free coins  Wink

How does this staking thing work? Do i need some special settings to do it?
You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?

You need to have coins in it to stake
sr. member
Activity: 267
Merit: 250
Some people will be very happy.Always can buy cheap COINS, unexpectedly. Cheesy
sr. member
Activity: 434
Merit: 260
I thought I would quickly jump on and give you a sort of quick rundown with what will be coming to MiracleCoin.

I will have to make some coherent roadmap, but the idea is something like this:
- For the first 3-4 weeks create at least 5-6 basic and with some advanced features trade bots
- iOS/Android wallet
- Trade bots marketplace where people can buy/sell or just share their own trade bots

I hope this will ease some concerns while I get back to finishing the bots.

Nice, Thanks !  Cool
sr. member
Activity: 1050
Merit: 251
I thought I would quickly jump on and give you a sort of quick rundown with what will be coming to MiracleCoin.

I will have to make some coherent roadmap, but the idea is something like this:
- For the first 3-4 weeks create at least 5-6 basic and with some advanced features trade bots
- iOS/Android wallet
- Trade bots marketplace where people can buy/sell or just share their own trade bots

I hope this will ease some concerns while I get back to finishing the bots.


When do you expect to finish firsts bots or when do you expect that are gonna be available?
sr. member
Activity: 1050
Merit: 251
.....and  start staking for free coins  Wink

How does this staking thing work? Do i need some special settings to do it?
You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?

That was the faucet distribution which lasted for 8 days since coin release. Now is over. You just can get coins by staking. So, you will receive 5% per year of the coins you have in your wallet.
legendary
Activity: 3402
Merit: 1227
Top Crypto Casino
.....and  start staking for free coins  Wink

How does this staking thing work? Do i need some special settings to do it?
You just have to open your wallet

Do I need to keep coins in it or does it work even if it is empty?
sr. member
Activity: 1078
Merit: 310
I thought I would quickly jump on and give you a sort of quick rundown with what will be coming to MiracleCoin.

I will have to make some coherent roadmap, but the idea is something like this:
- For the first 3-4 weeks create at least 5-6 basic and with some advanced features trade bots
- iOS/Android wallet
- Trade bots marketplace where people can buy/sell or just share their own trade bots

I hope this will ease some concerns while I get back to finishing the bots.

+1 Software Development as many other thought is not an overnight process, we must give ample time to the DEV for a more robust application outcome Smiley
sr. member
Activity: 1050
Merit: 251
.....and  start staking for free coins  Wink

How does this staking thing work? Do i need some special settings to do it?
You just have to open your wallet
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