Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure - page 65. (Read 1103308 times)

Heres the numbers on node profitability as of this morning, pretty crazy stuff.

https://i.imgur.com/EMTd6KA.png

Wouldn't worry about it too much if all you want to do is stake - those wallets do not consume very much in the way of resources.  Just buy what you need for other purposes.  But I am moving the Block wallets off of my laptops and onto desktops since the fork.  This is because I shut the laptops down frequently when I am carting them around with me during the day, and under the new Blocknet algorithm you only get rewards when wallet is running, open for staking and connected to the Internet.  So 24/7 staking is needed for maximum rewards.  Previously, on the old chain, all you had to do was unlock the wallet for a little while every few days to get the maximum - but that is no longer the case.

Following all the new developments on this project

Well, you should join Blocknet Slack for further advice on this, but two points immediately jump to mind:

1. It does take a while in general to sync the chain in a new wallet, and transactions and associated tokens in the wallet start appearing in temporal order as it syncs.  Couldn't tell for sure if you actually waited to see what happened when you were completely sync'd, but since you are in the new chain which is still now only a few days old then that shouldn't take very long, so I doubt that's your problem (but just thought I should mention it anyway).

2. Reading between the lines, it appears that you do not realize that the directory where you have your exe files is not the target data directory for your wallet, so a wallet.dat file placed there will not be used by the wallet software - most likely this is your problem.  The target directory will be by default inside your system user AppData folder if you are in Windows OS.  When starting up on a new computer you can let the wallet create a target directory upon first startup (it will prompt you for a path, or you can just let it go to AppData by default).  Then shut down the wallet, go to that newly created wallet data directory and either overwrite just the wallet.dat file, or you can also overwrite the entire target directory with one copied from your previous machine.  If you only use the wallet.dat, then the chain will have to download and sync again.  If you use the whole directory then the blockchain data from previously sync'd wallet is retained and your new installation will sync much faster.  (You could also copy in your whole directory before even starting the wallet for the first time, and then just target its path if not in the default path when you start the wallet up.)

Hope that helps.  

PS:  if you are not that technical, then you may also not know how to find the AppData directory because it is often hidden in Windows. If you go in Explorer to your user directory, and then type \AppData after your name in the path bar, then that directory should appear.

Guys I`m going to buy a new laptop and run several staking wallets on it including blocknet wallet. What characteristics a laptop needs to run several staking wallets?   

https://blog.ethfinex.com/the-ethfinex-roadmap-7c7cd82c835c

Blocknet is mentioned as one of the intergation! 

Please reach out on slack; https://blocknet.herokuapp.com/

Ok, then you owe me the explanation what the best coin was I'll guess it was ETH?

Block now has 5 full time devs, working on the code code.

That's not to mention the UI company that is being paid $150k to develop the UI.

I've got a general question about my wallet.

So I am late to the crypto game, and really I'm only an internet end user, I have little technical knowledge beyond making my way around the internet.

So I guess I have been a bit spoiled coming late to the game since HD wallets (bitcoin) have been available, and all I need to transport my wallet from device to device is a seed (usually 12 word)

Anyway, I bought some Blocknet a while back, and would prefer to keep some in my own wallet on my computer and not an exchange. So I downloaded the Blocknet github wallet a few days ago. There are 6 .exe. files (2 testnet). I opened up blocknetdx-qt.exe, let it sync to the network, and sent a couple of Blocknet tokens to my wallet. Success, all is good. I then encrypted my Blocknet wallet UI

However, before I send more tokens to my computer's wallet, I want to make sure my wallet is backed up so I don't lose my tokens if my computer crashes beyond repair.

So, non-technical me, I saved a wallet.dat backup using File --> Backup Wallet on the wallet UI, and the .dat is now placed with the other 6 .exe files.

I uploaded the 4 non testnet  .exe files and the .dat file to dropbox (I know, terrible idea, but I just want to verify I can move my wallet to another computer if necessary)

I created a new folder in the 2nd computer I wanted to download my wallet to, and downloaded the 4.exe files and .dat file from Dropbox. I then clicked the blocknetdx-qt.exe file, and was disappointed to see that a new wallet was syncing up, but without the transactions I made on the first computer. It's just basically a brand new empty wallet

Did I do something wrong? Am I somehow supposed to link the wallet.dat  file to the.exe file? I understand it's the .dat file that contains addresses, private keys, wallet ID info, etc. Can anyone provide info on any steps I may have missed? (BTW, I tried to open the wallet on my Windows 7 machine Notepad, and it was just a long list of garbled, jumbled symbols).

FYI, I actually first downloaded  blocknetdx-qt.exe to the second computer thinking that may be enough to see my transactions. When I saw it wasn't, I then downloaded the wallet.dat file. When that didn't help either, I then checked forums to see if any similar problems were documented, and one similar problem (for bitcoin wallet.dat)  (see https://bitcoin.stackexchange.com/questions/14401/how-to-use-backup-dat) was given the advice to re-scan the blockchain (if a saved old wallet.dat containing coins before computer crash was downloaded to overwrite new wallet.dat downloaded after computer crash). Any chance this may be the problem? If so, how do I go about re-scan to the Blocknet blockchain? I don't see anything in the "File" "Settings" or "Tools" in the UI.

Blocknet ROI calculator for staking and nodes:

https://www.reddit.com/r/theblocknet/comments/6y74li/blocknet_roi_calculator_for_staking_and_nodes/?st=j78q96e8&sh=3a645b89

No 5k is only for a node. You can stake any amount.

Import the private key worked for me. Here are some here for the new blockchain in case anyone needs them.

https://chainz.cryptoid.info/block/#!network

For staking, you need to have at least 5k BLOCK and be holding them in your wallet, correct?

I'm on Mac OS, but it looks like the wallet download is no longer working: https://blocknet.co/#downloads

Any suggestions? THX

I also had a corrupted wallet.dat file too but got everything imported fine by just using dumpprivkey from the old wallet console (does not need to be in sync). Then importprivkey in the new wallet. All was good.

Tried just moving the wallet.dat and got
Also tried the dumpwallet command and got : Cannot open wallet dump file (code -8)

that's very interesting... so you didnt bother with any of this dumpwallet filename.txt  process?

you simply downloaded the new wallet qt and replaced the new wallet.dat with your old one and everything works fine?

one man show is ALWAYS bad, always

I think you have some misinformation.  Qtum has 30 devs.  10 of which are core and employed by the foundation.   

Being honest, hunting for an altcoin now is not a good idea. In my opinion, we should wait until the BTC and ETH price will calm down.