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Topic: [HOW TO] Delegate in Tezos (Read 225 times)

member
Activity: 265
Merit: 49
December 14, 2018, 04:06:52 PM
#3

sr. member
Activity: 784
Merit: 272
August 01, 2018, 03:31:17 PM
#2
One of the smoothest delegation of coins to make more coins . Great project .
member
Activity: 265
Merit: 49
July 15, 2018, 12:57:33 AM
#1
Hello crypto guys!
As should be known to many, especially investors of the Tezos project, which in 2017 held the largest ICO (Yes, of course, less EOS and Telegram, but $200+QC is also not weak), a few days ago a beta network was launched. And with it, the processes of activating the user balances and the work of the dPOS consensus algorithm, respectively, everyone can become a delegate or delegate their balance for profit. Here is the algorithm of action for the delegation of your ꜩ.

Before beginning, note that it is already possible to trade coins ꜩ (not futures) on the stock exchange gate.io and (say) it is not necessary to do this on Hitbtc.

So, if your coins are already on your wallet, then immediately go to 3 point, if not, then start over:

1. Activate the balance in the network Tezos

Go on https://stephenandrews.github.io/activatez/ and immediately read why to use this service safely
Enter your Public Key Hash address from the PDF, which was given on the ICO
Enter your activation code, which is given at the end of KYK https://tezos.com
Click to activate

If it throws an error - we go through a different browser.
After 30 seconds, everything is activated. Check the address on http://tzscan.io

2. Restore your wallet

At the moment there is only one light client Textbox. Go on https://wallet.tezbox.com/ or https://tezbox.github.io/wallet/#/new
Click " restore wallet"
Top right, select "FUNDRAISER WALLET". Enter the data (15 keywords and address from PDF, activation code, password with ISO, email)*
Then you will be offered to come up with an additional password and repeat it
Click " restore Textbox"

Next, you create a wallet. The dashboard should show the balance, as when you did the "Contribution check" on the official website. If not:
- wait a few minutes
-check again whether introduced public address ISO address
- check that the activation of item 1 has been completed
- repeat point 2

* The suggestion to enter all your data looks, of course, not very much, but I can say for sure that after I and a few of my friends did it, our ꜩ are still under Wink control Of Course, you can wait for another client and support for hardware wallets. You can also avoid using this application if you have access to a wallet associated with a new one, in which you can import a paper wallet.

On tuscan.io appeared a section of wallets. There is a Texbox and 1 more https://tezos.blue/ and there was a link from the first paragraph https://stephenandrews.github.io/activatez/

3. Delegation

We need a new KT-address, we can not delegate KT from our tz-address. It's simple:
- top left " add account"
- Commission 0.25 ꜩ for creation - > " OK"
We transfer funds to a new address
-SEND tab in the middle
- enter our KT address
-I would recommend starting with a small amount for the test
- Fee set to 0
- Leave Parameters empty
- SEND (FOR me, this item was more difficult than it seemed Cheesy I did not immediately realize that in Safari (the rest like norms) button was pressed only on the contour Grin so move the mouse on the button send until it changes color)
Go to the Delegate tab, staying on the KT-address
- select a delegate from the list
- or click custom
Choose a delegate to work for us Cheesy (if that coins always remain with you and you can withdraw them at any time)
- on of site http://www.mytezosbaker.com/bakers-list/ you can see the main delegates who have applied there
- at any choice (even from the offered in a purse) we check on http://www.mytezosbaker.com/bakers-list/ to our pool was not "Over Subscribed / Deligated", and then get on the waiting list and will sit without profit, until the space is available. It is also important to pay attention to the graph FEE, and then some pools put their Commission on 70+ % Angry

* This parameter can be determined by: find on tuscan.io of our Backer and compare his Stacking Balance (current balance ꜩ on his account) with estimated balance*12,12 (maximum number ꜩ for "baking"). Stacking B must be less than Wink

- selecting delegate go to his site and copy his Delegation code\adress
Insert in the field next to Custom and click upgrade division
Check if everything is turned on http://tzscan.io

To check that you have become a delegate, find on tuscan.io your Baker, and in the Delegations tab look for your amount.

Delegation Services:

1. www.Tezosbakes.com https://tzscan.io/tz1Ldzz6k1BHdhuKvAtMRX7h5kJSMHESMHLC
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if there will be new services, write to me in the message I will add them Wink
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