I downloaded the client from
https://www.antshares.org/Download and have successfully synced the blockchain. Also created a new wallet database, but now I have some questions.
- When creating a new wallet db, where is the appropriate folder to save the wallet file? I created the wallet db with a strong pw and currently have it saved in the Local\Antshares\ folder, along with the user.config file
- Which file(s) require a backup to restore my wallet?
- Is staking AntCoins as simple as sending ANS to the address I just created or is it more complicated?
Generally, I'd just experiment and find the answers to my own questions, but I don't want to send too many test transactions at 0.35ANS a pop. Experimentation is too expensive
Thanks in advance for the assistance!!
1) You can save the wallet file wherever you like. There is no right or wrong place except the degree of security I suppose, so some do not keep the wallet file on their computer at all (after having taken all necessary precautions).
2) The wallet file with the .db extension is needed to restore your wallet. Not that I am an expert or anything like that, but I would recommend making a backup of the .db file on one or more USB sticks or other external storage device. Also keep in mind that your entire wallet can be restored with your private keys (without the .db file). Keep in mind that if you start to create multiple addresses in the same wallet that the private keys can potentially change and you would also need to make new backups of the wallet file. I would recommend not using multiple addresses as there is some functionality involved with multiple addresses that payments are made from multiple addresses simultaneously. A new update will make this clearer, but I would stay away from that for the time being. Always write down/print your private keys and store them in safe space and never share them with anyone.
3) AntCoins are generated in your wallet as long as you hold them in your own wallet (not Bittrex as that is claimed by Bittrex' wallet). To claim them you need to 'interrupt' cycle by means of which your ANS is generating ANC. This can be done by sending your own ANS from your own address to your own address. It appears to vary a bit on certain circumstances whether you can send 1 ANS or need to send your total amount of ANS from yourself to yourself. Sending ANS does not cost any transaction fees! Bittrex charges 0.35 ANS, but as soon as it is removed from Bittrex sending ANS to any ANS wallet will not cost anything. Most of the time those transaction of sending ANS to yourself should take less than a minute to complete. Once you have done that you will notice under the 'Advanced' tab that your previously generated but unavailable AntCoint has become available to claim which can be done by clicking 'Claim All'. Under certain conditions you do not even need to click 'Claim All', but then all AntCoins are automatically added to your wallet and become listed in the 'Account' tab. Sending all ANS from yourself to yourself will likely ensure that all your AntCoins are automatically added to your wallet.