Hello dev, I just want to know, What the function this token ? Can be exchange or not?
Yes, I am wondering about this also. I have successfully received the 150 "Love" but now I am not sure what to do with it, or how to acquire more. I also noticed in the wallet that there is a "spendable" category and a "stake" category in addition to any unconfirmed balance. Right now the 150 Love is in the "spendable" category.
Meanwhile in the bottom right corner there is a little mining symbol (crossed pickaxes) next to the number of connections, and if you mouse over it the tooltip says "Not staking because you don't have mature coins". Of course this prompts the question of how these coins mature so that we can begin staking. Do we just need to wait a certain amount of time or for a certain number of confirmations on incoming transactions? Or do we need to do something else for it to count as a "stake"? The website really needs to provide more of an explanation for all of this, especially for people like me who are mostly familiar with bitcoin but not all of this "altcoin" stuff.
The stake will happen when there are enough people mining it .. stake will happen whenever you open the wallet so if you missed a week to open that stake will be there on the 8th day when you open it...I do understand since many people are not familiar with PROOF OF STAKE concept
The coins are not mineable meaning you only get coins when you have the capital in your wallet. it does not need any certain amount but enough as 10 to 15 people to begin staking.
This is interesting...so if the coins are not mineable then how are they generated? Do the developers just distribute them all to whoever will take them until some maximum allocation threshold is reached? Also, if everyone is encouraged to hold their coins through the proof of stake method, how is any real-world value derived? Does anyone ever trade them for actual goods/services, and can they eventually be sold for fiat cash at any exchanges or by some other means?
