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Topic: [ANN][SLG] Sterlingcoin v1.6.1.1 | United Kindom | Cryptopia - page 193. (Read 464486 times)

sr. member
Activity: 349
Merit: 250
And about open wallet and closed wallet?
Must be open all time or not?

In order to earn stake your Sterlingcoin wallet must be open and unlocked for staking only.
so ...

...closing it wont do any harm. the stake age will build up but i.... IS NOT TRUE.
Thanks once more!
Staking continued Smiley

it is true m8 I suggest you do some googleing on POS if its closed the stake age does build up as it says in OP
PoS Min: After Maturity
PoS Max: Unlimited
PoS Interest: 5.5% Annually

you need to read up on how pos works m8 it will explain a lot clearer
full member
Activity: 414
Merit: 101
And about open wallet and closed wallet?
Must be open all time or not?

In order to earn stake your Sterlingcoin wallet must be open and unlocked for staking only.
so ...

...closing it wont do any harm. the stake age will build up but i.... IS NOT TRUE.
Thanks once more!
Staking continued Smiley
legendary
Activity: 1512
Merit: 1000
And about open wallet and closed wallet?
Must be open all time or not?

In order to earn stake your Sterlingcoin wallet must be open and unlocked for staking only.
full member
Activity: 414
Merit: 101
And about open wallet and closed wallet?
Must be open all time or not?
legendary
Activity: 1512
Merit: 1000
Does for staking wallet must be online all time?
closing it wont do any harm. the stake age will build up but it is better to leave it open as often as possible as it supports the transactions on the network (this will be more important when POW stage ends)

Quote
Yes you are rewarded stake for maintaining the network by keeping your wallet open and unlocked.

So now I have to opposite information. Which one is true?

And second question about staking: how much I can earn with staking. Suppose I have 100 SLG in coin: until now first staking reaward was bigest one, second was about half of first, and third one is half of second reward or 1/4 of first reward. All three are tiny pieces of one SLG.
So if I buy 1000  SLG and put in wallet make it open and staking, when will I earn lets say 1 SLG?


5.5% of 1000SLG is 55.0SLG then divide that by 365 = interest per day

Wink
full member
Activity: 414
Merit: 101
Does for staking wallet must be online all time?
closing it wont do any harm. the stake age will build up but it is better to leave it open as often as possible as it supports the transactions on the network (this will be more important when POW stage ends)

Quote
Yes you are rewarded stake for maintaining the network by keeping your wallet open and unlocked.

So now I have to opposite information. Which one is true?

And second question about staking: how much I can earn with staking. Suppose I have 100 SLG in coin: until now first staking reaward was bigest one, second was about half of first, and third one is half of second reward or 1/4 of first reward. All three are tiny pieces of one SLG.
So if I buy 1000  SLG and put in wallet make it open and staking, when will I earn lets say 1 SLG?
legendary
Activity: 980
Merit: 1000
Buerra is bitsms your site? I used it earlier... it's really awesome. Thanks for adding SLG!

I am a senior advisor at Bitsms. I advise on new features, coins, marketing etc. Now we have these great coins we'll focus more on getting our features out. We've had some delays, but we haven't announced anything official, so that helps. Just follow @bitsmseu on Twitter to stay tuned Wink And thanks for the kind words!
member
Activity: 95
Merit: 10
It's important to buy as much as possible now, because the price will go up as less coins stay on the market with people mining and buying most. I know how much I have and if more people have similar amounts, that'll be rough on the people not getting in now. POS will sustain the market and that will shoot price up. Make sure you have enough. Because in about 5 months and 3 weeks, you can't mine SLG anymore! Price will shoot up to a huge amount because of low supply. And this doesn't even take in account the merchant adoption, or the ATM rollout about to happen or even the launch of SLG's apps and wallets.

Get in now and start staking to really profit when POW ends.

Great advice.

Buerra is bitsms your site? I used it earlier... it's really awesome. Thanks for adding SLG!
legendary
Activity: 980
Merit: 1000
It's important to buy as much as possible now, because the price will go up as less coins stay on the market with people mining and buying most. I know how much I have and if more people have similar amounts, that'll be rough on the people not getting in now. POS will sustain the market and that will shoot price up. Make sure you have enough. Because in about 5 months and 3 weeks, you can't mine SLG anymore! Price will shoot up to a huge amount because of low supply. And this doesn't even take in account the merchant adoption, or the ATM rollout about to happen or even the launch of SLG's apps and wallets.

Get in now and start staking to really profit when POW ends.
member
Activity: 95
Merit: 10
Buy support flooding in from somewhere!

Really great to see since this week is the week the most SLG will ever enter the marketplace with the spacedrop and POW + POS. Now it's just POW + POS and in +-5 months(Depending when we hit 6.39mil) just POS.
sr. member
Activity: 349
Merit: 250
Does for staking wallet must be online all time?
closing it wont do any harm. the stake age will build up but it is better to leave it open as often as possible as it supports the transactions on the network (this will be more important when POW stage ends)
legendary
Activity: 1288
Merit: 1000
Buy support flooding in from somewhere!

I did notice Smiley
legendary
Activity: 1070
Merit: 1021
Buy support flooding in from somewhere!
sr. member
Activity: 434
Merit: 250
Your professional profile on the blockchain
Devs, how hard is it for merchants to set up accepting payments in SLG?

Also, if your footprint is mainly London/Brighton, South England in general, how are we going to target merchants in the Midlands/North? The internet is great, i know, but trying to explain SLG to a potential SLG accepting merchant will probably carry more weight in person, more professional too.

I'm behind this coin, i think you guys are great, you clearly know what your doing, i was just stumbling to answer that question myself so thought i'd ask.


We will be packaging a "sales pack" for community members to use when going to merchant. Outlaying info, existing merchants, fees, setup costs etc.

This will make life a breeze for you guys and will contain answers for the majority of questions a merchant can ask.

Watch this space Wink

The sales pack is really a good idea Smiley
Unlike many other coins i can see here that SLG devs are really professional. They have a clear vision of what they want to achieve and they know exactly what to do. This is the first time since i started using cryptocurrencies that im really feeling confident investing my money in a coin.
Keep up the good job devs, we are here to support you until the moon and even further.

legendary
Activity: 1512
Merit: 1000
Thanks for info!

Your welcome and anyone else who wants assistance can get in contact with us too.
full member
Activity: 414
Merit: 101
Thanks for info!
legendary
Activity: 1512
Merit: 1000
Does for staking wallet must be online all time?

Yes you are rewarded stake for maintaining the network by keeping your wallet open and unlocked.
full member
Activity: 414
Merit: 101
Does for staking wallet must be online all time?
legendary
Activity: 1512
Merit: 1000
Myself (Spencer Lievens) and Matthew Langdon will be working on the final styling tonight at 2am GMT/London.

If all goes well we could see this live by tomorrow Cheesy

Meanwhile - http://transactions.sterlingcoin.org.uk is live for people to use RIGHT NOW.
Could you also include a richlist?

Anything that can be included, will be included.
member
Activity: 98
Merit: 10
Myself (Spencer Lievens) and Matthew Langdon will be working on the final styling tonight at 2am GMT/London.

If all goes well we could see this live by tomorrow Cheesy

Meanwhile - http://transactions.sterlingcoin.org.uk is live for people to use RIGHT NOW.
Could you also include a richlist?
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