Please assist. The Proof of Work, is it every 3days we would be interacting with the POS contract to earn mining POS token, or Its just once? I have once did it and got some POS token, since then no more token has been received.
it's proof of
stake, you will get mining reward every time you interact with the POS contract if the coinage is more than 3 days, after 90 days reward doesn't increase anymore. check the 1st post of this thread for mining guide.
I am confused. Wasn't PoS token supposed to become another token? Is that off the table or am I thinking of a different token? I really don't want to miss the transfer period and have my tokens become worthless.
yes, dev was thinking of POStoken 2.0, but then decided to start lending platform instead of that. so postoken 2.0 is postponed for now.
I'm having a problem using the mint command to stake more tokens. It is costing so much. My Mist wallet made the minimum amount of gas equal to about $3 worth of etherium. I can lower it but I have to do a complex thing using a command prompt and compare gas prices online. It's wayyy too much work. I'm probably just going to have to transfer to myetherwallet. Mist is annoying that there isn't a place you can hard set a gas price.
i guess Mist made so because of ethereum network is congested due to cryptokitties madness. safelow gas price is still 42gwei instead of usual 0.1gwei. so i'm not sure you'll be able to mint much cheaper in MEW these days.