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Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 10. (Read 395419 times)

hero member
Activity: 1162
Merit: 568
Why the thread is so inactive?  Huh Huh
sr. member
Activity: 994
Merit: 263
PassiveIncomeHunter
I would be grateful if someone more experienced would explain to me some points about forging. I have a good experience in the staking of POS coins and I would like to understand the difference.

1) If I started forging, having, for example, 1000 ARDR, and then I added another 1000 coins to my wallet - do I need to do something similar to combining entries, as in many POS coins? Does the concept of "stake" generally exist during forging, or is the combination automatically and extend to the overall balance?

2) How can I see my reward? As I understand it, in order to forge - my wallet must be on the Ardor network. At the same time, the forging reward is IGNIS, right? Will I see some message from my wallet about the reward or do I need to switch it to the IGNIS network for this?

Thanks in advance for your kind answers!

1) You don't have to do anything. It will be done automatically. After a certain number of blocks, I believe 1444, the increased amount of coins in your wallet will be used for forging.

2 You would have an increased Ardor balance as you only forge Ardor. You can also see it in a block explorer.
You can earn Ignis if you become a bundler but that's a different story.

Many thanks for your replies!
Apparently, I didn’t understand very well about this issue - but I remember some article or post in which I read about 12 Ignis as a reward for forging - apparently this led me to a misunderstanding.
Btw, where can I get to know more about bundling of Ignis?
And one more question: how many ARDRs should I put on the forging in order to receive the reward no less than every day now? Are there any such statistics?

Maybethe 12 Ignis were part of a promo in order to incentivize people to set up forging nodes.
Here's a link that deals with bundling: https://thewiring.com/2017/05/19/ardor-fees-child-chain-fees-bundlers-forgers-lets-clarify/

As for how much Ardor you neeed, a lot! There are accounts forging with millions of Ardor and you have to compete against them. I remember someone saying months ago that you needed at least 100k Ardor otherwise it would better to lease your forging power to a pool.
Here you can check the current block generators and how deep their pockets are. https://ardorportal.org/monitor




Thank you very much for your answers! To be honest, I am upset that such a huge amount of ARDR is required for successful forging Shocked! How decentralized is the ARDOR network, then? I will follow your advice and lease my coins.
sr. member
Activity: 1596
Merit: 362
I would be grateful if someone more experienced would explain to me some points about forging. I have a good experience in the staking of POS coins and I would like to understand the difference.

1) If I started forging, having, for example, 1000 ARDR, and then I added another 1000 coins to my wallet - do I need to do something similar to combining entries, as in many POS coins? Does the concept of "stake" generally exist during forging, or is the combination automatically and extend to the overall balance?

2) How can I see my reward? As I understand it, in order to forge - my wallet must be on the Ardor network. At the same time, the forging reward is IGNIS, right? Will I see some message from my wallet about the reward or do I need to switch it to the IGNIS network for this?

Thanks in advance for your kind answers!

1) You don't have to do anything. It will be done automatically. After a certain number of blocks, I believe 1444, the increased amount of coins in your wallet will be used for forging.

2 You would have an increased Ardor balance as you only forge Ardor. You can also see it in a block explorer.
You can earn Ignis if you become a bundler but that's a different story.

Many thanks for your replies!
Apparently, I didn’t understand very well about this issue - but I remember some article or post in which I read about 12 Ignis as a reward for forging - apparently this led me to a misunderstanding.
Btw, where can I get to know more about bundling of Ignis?
And one more question: how many ARDRs should I put on the forging in order to receive the reward no less than every day now? Are there any such statistics?

Maybethe 12 Ignis were part of a promo in order to incentivize people to set up forging nodes.
Here's a link that deals with bundling: https://thewiring.com/2017/05/19/ardor-fees-child-chain-fees-bundlers-forgers-lets-clarify/

As for how much Ardor you neeed, a lot! There are accounts forging with millions of Ardor and you have to compete against them. I remember someone saying months ago that you needed at least 100k Ardor otherwise it would better to lease your forging power to a pool.
Here you can check the current block generators and how deep their pockets are. https://ardorportal.org/monitor

sr. member
Activity: 994
Merit: 263
PassiveIncomeHunter
I would be grateful if someone more experienced would explain to me some points about forging. I have a good experience in the staking of POS coins and I would like to understand the difference.

1) If I started forging, having, for example, 1000 ARDR, and then I added another 1000 coins to my wallet - do I need to do something similar to combining entries, as in many POS coins? Does the concept of "stake" generally exist during forging, or is the combination automatically and extend to the overall balance?

2) How can I see my reward? As I understand it, in order to forge - my wallet must be on the Ardor network. At the same time, the forging reward is IGNIS, right? Will I see some message from my wallet about the reward or do I need to switch it to the IGNIS network for this?

Thanks in advance for your kind answers!

1) You don't have to do anything. It will be done automatically. After a certain number of blocks, I believe 1444, the increased amount of coins in your wallet will be used for forging.

2 You would have an increased Ardor balance as you only forge Ardor. You can also see it in a block explorer.
You can earn Ignis if you become a bundler but that's a different story.

Many thanks for your replies!
Apparently, I didn’t understand very well about this issue - but I remember some article or post in which I read about 12 Ignis as a reward for forging - apparently this led me to a misunderstanding.
Btw, where can I get to know more about bundling of Ignis?
And one more question: how many ARDRs should I put on the forging in order to receive the reward no less than every day now? Are there any such statistics?
sr. member
Activity: 1596
Merit: 362
I would be grateful if someone more experienced would explain to me some points about forging. I have a good experience in the staking of POS coins and I would like to understand the difference.

1) If I started forging, having, for example, 1000 ARDR, and then I added another 1000 coins to my wallet - do I need to do something similar to combining entries, as in many POS coins? Does the concept of "stake" generally exist during forging, or is the combination automatically and extend to the overall balance?

2) How can I see my reward? As I understand it, in order to forge - my wallet must be on the Ardor network. At the same time, the forging reward is IGNIS, right? Will I see some message from my wallet about the reward or do I need to switch it to the IGNIS network for this?

Thanks in advance for your kind answers!

1) You don't have to do anything. It will be done automatically. After a certain number of blocks, I believe 1444, the increased amount of coins in your wallet will be used for forging.

2 You would have an increased Ardor balance as you only forge Ardor. You can also see it in a block explorer.
You can earn Ignis if you become a bundler but that's a different story.
sr. member
Activity: 994
Merit: 263
PassiveIncomeHunter
I would be grateful if someone more experienced would explain to me some points about forging. I have a good experience in the staking of POS coins and I would like to understand the difference.

1) If I started forging, having, for example, 1000 ARDR, and then I added another 1000 coins to my wallet - do I need to do something similar to combining entries, as in many POS coins? Does the concept of "stake" generally exist during forging, or is the combination automatically and extend to the overall balance?

2) How can I see my reward? As I understand it, in order to forge - my wallet must be on the Ardor network. At the same time, the forging reward is IGNIS, right? Will I see some message from my wallet about the reward or do I need to switch it to the IGNIS network for this?

Thanks in advance for your kind answers!
member
Activity: 735
Merit: 17
sr. member
Activity: 1181
Merit: 259
Any news about Ardor ? No post here for last 14 days, which looks really weird...

I don't think the project posts here too much. See the latest news here: https://www.jelurida.com/news
member
Activity: 181
Merit: 11
Any news about Ardor ? No post here for last 14 days, which looks really weird...
hero member
Activity: 1358
Merit: 635
I installed a new version of the full desktop wallet and started synchronizing it with the network. When synchronization was about 2/3 ready, I had to turn off my laptop. After this (it happened yesterday), I can not start my wallet, because I get the message "Unable to connect to nxt a proxy." Does anyone know what the problem is?
Thanks in advance for your help!

Looks like the best way to solve that issue is to set up nxt.enableAPIProxy=false instead of true  or just to lock up that entry in nxt-default.properties like this #nxt.enableAPIProxy=true
legendary
Activity: 2590
Merit: 1089
I installed a new version of the full desktop wallet and started synchronizing it with the network. When synchronization was about 2/3 ready, I had to turn off my laptop. After this (it happened yesterday), I can not start my wallet, because I get the message "Unable to connect to nxt a proxy." Does anyone know what the problem is?
Thanks in advance for your help!

Turn it down, restart. Do you still get "unable to connect"? What is the Server connection status? ARDR.
sr. member
Activity: 994
Merit: 263
PassiveIncomeHunter
I installed a new version of the full desktop wallet and started synchronizing it with the network. When synchronization was about 2/3 ready, I had to turn off my laptop. After this (it happened yesterday), I can not start my wallet, because I get the message "Unable to connect to nxt a proxy." Does anyone know what the problem is?
Thanks in advance for your help!
legendary
Activity: 1162
Merit: 1005
newbie
Activity: 29
Merit: 0
Where can i check upcoming events for ARDOR?
legendary
Activity: 2590
Merit: 1089
Yes you should do it as soon as possible, it's mandatory.

"NEW ARDOR VERSION 2.2.2
This is a stable and mandatory release. January 15, 2019"
https://ardorplatform.org/ardor-blockchain-wallet


https://twitter.com/Jelurida/status/1085179431642120192

I'm on Linux and have to wait for the repos to update. Are the UI improvements mentioned in the changelog significant?

Well the User Interface looks pretty nice, cant see much differences, good solid looking tho.
sr. member
Activity: 1596
Merit: 362
Yes you should do it as soon as possible, it's mandatory.

"NEW ARDOR VERSION 2.2.2
This is a stable and mandatory release. January 15, 2019"
https://ardorplatform.org/ardor-blockchain-wallet


https://twitter.com/Jelurida/status/1085179431642120192

I'm on Linux and have to wait for the repos to update. Are the UI improvements mentioned in the changelog significant?
legendary
Activity: 2590
Merit: 1089
Yes you should do it as soon as possible, it's mandatory.

"NEW ARDOR VERSION 2.2.2
This is a stable and mandatory release. January 15, 2019"
https://ardorplatform.org/ardor-blockchain-wallet


https://twitter.com/Jelurida/status/1085179431642120192
hero member
Activity: 1358
Merit: 635

Recently, Ardor has carried out a hard fork of its public blockchain. ARDR and its child chain Ignis were moved to a new block. The platform was upgraded to the new version featuring a new child-chain and functions.


Frankly that took me by surprise. Should we upgrade Ardor  client? Just tried to connect to ardorpool.tezzigator.com to whom I have leased my ARDR for forging but it doesn't work. Is that  because of fork?
hero member
Activity: 868
Merit: 503
Ardor and Ignis hard fork



Recently, Ardor has carried out a hard fork of its public blockchain. ARDR and its child chain Ignis were moved to a new block. The platform was upgraded to the new version featuring a new child-chain and functions.

https://freewallet.org/blog/ardor-hardfork?utm_source=twitter&utm_medium=social&utm_campaign=ardorhardfork
legendary
Activity: 2590
Merit: 1089
Hi, I'm forging fine since few days. I forged for few months last year same period but did not lease ardors at that time.

Following this nice tuto article https://medium.com/ardor/blockchain-ardor-part-5-forging-and-leasing-58645bcee1d7

At this step about leasing : Click “Lease your balance to another account.” A pop up appears.

-"Enter the address you would like to lease your balance to"

Is LZLZ address up to date, thank you for your help.

https://bitswift.wiki/index.php/LZLZ_Forging_Pool#Transaction_fees_.26_Earnings








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