the opening post doesnt state how to stake coins.
i need a step by step guide.
thank you
You won't get it. I think that even dev doesn't know how it exactly works.
It's literally in the first post. How to set it up and a walkthrough of what all the options do.
One, the two steps for setting up staking already laid out for you in the announcement.
Create a file called Trezarcoin.conf (needs to be config File ) and place it into your /TrezarCoin/Data Folder.
irc=1
dns=1
qtstyle=2
daemon=1
server=1
stakegen=1
logtimestamps=1
minersleep=2000
stakemindepth=1000
stakemintime=72
stakecombine=40
stakesplit=80
port=17298
rpcport=17299
rpcuser=username
rpcpassword=password
rpcallowip=127.0.0.1
And two, the dev explains what all the parameters do
in the announcement.
Go FUD somewhere else please, lets try and keep this post constructive.
It is enough for simple guys like you. But there is no explanation of the difference between settings in terms of profit.
What are you looking for?
you can adjust your stakeminetime to 24 so your coins start staking soon (won't make much of a difference at this point with 81+mil coins)
your stakemiedepth and stakeminetime fight with each other, I am unsure whom overrides whom if you have both I believe from what I have seen it is the 1000 confirmations override the 24 hours.
The stakecombine and stakesplit depend on how many coins you have and what YOU think will be the more likely size of transactions to stake. you can use coin control under send if you have the option enabled to create more inputs to help improve your chances but it would only be a tiny tiny percent as the wallet is going to break your transactions down in size to match your split number over time and coinweight rules the day.
so if you had 1000 coins and only adding in the 100 for POS with your current settings its will keep dividing your coins
first POS reward 1000 +100 would yield to a stack of 550 and a second stack of 550
one of those 550 get a result of 550+ 100 that would split into 325 and 325 plus you would still have your other 550 from the first split
coin weight on the 325 reset and the second 550 continue to grow, this keeps going by adding 100 for the POS, resetting the weight on the finding stack and splitting down to the size you have set.
you could put your combine to big units if you think the network will deal with bigger chunks, it might help you. Its hard to say your coin amount, the size of the transaction to stake along with up to 16 days of additional coin weight with luck added on top.
you are NOT going to get even a 1% advantage but finetuning your settings you are going to likely get a .000001% unless you are on the 100 rich list with over 100K coins and even then you still won't get an advantage greater than your coin count in the first place.
How would a simple guy know this, he would read the 50 pages of this thread, and talk to people on slack and telegram and he would play around with the wallet to see if one wallet setting works better than another.
I am on slack all the time as well as in the telegram group. if you are still confused by what has been said in these places ask your questions, experiment, see what others have found, but you are not going to ninja all the POS rewards.
-TC