Topic: Pinkcoin Staking and Coin Control Features Tutorial (Read 5092 times)

May I know how long will I get the first payment after I started staking? What’s like the weight like? Thanks & cheers

a very interesting guide, and does the project hold an airdrop, bounty campaign and ico right now or is it all done?
I hope I can join in the project because I think the project has something that other projects do not have. may potentially be a long-term investment.
thank you for the info you have given and good luck for the project.

Just seeing this now, but you can certainly stake multiple wallets on a single PC.  Just have them all opened and unlocked for staking.  (Don't forget to encypt all your wallets!)

Viva La #Pinkcoin!!

Is it worth staking 1000 coins? And anyone know if you can stake more than one wallet on one pc?

i'm staking almost for 1 month with 999.80 PINK and there is nothing about how much i'll have .... there is NO minimum coins required . And why we need to split them on blocks ? 

hello can someone explain to me, why we need to split the coins into several blocks for staking?
i have staked other coins, but i never use this method of splitting up the coins into several blocks for staking.
thanks in advance

There's no minimum coins for staking but the more you have the better you will stake and it's based on the age of the coins.

I wanted to ask if there's a minimum number of coins one can stake or you can stake based on your capabilities?

Yes, your wallet need to run 24/7 to be able to stake. There's no current profitability calculator.

Do I need to keep the wallet open while staking?
Is there a staking profitability calculator?

Decred

Interesting. I shall start my own staking. Other than pink, what are other good POS coins?

getstarted.with.pink or go.with.pink

I just saw your reply now... and the pinkcoin.ca link isnt working for me. Is there a new link i should try?
Thank you

Thanks TonySon for the suggestion.  I went to Slack and got great support.  My coinswap is done.  Yaaa!

Join the slack http://slack.with.pink 

I went to the new website and did the coin swap over 2 days ago.  Still no coins in my wallet.  Should it take this long? 

Please click HERE  : https://golos.io/pinkcoin/@pinkcoinfaucet/pinkcoin-donate-through-staking-donate4life

Pinkcoin has a new website also. It's not edited into the tutorial. Here is the new website http://getstarted.with.pink/ you can swap the coins there.

Pink coin promises the future, I can understand it very easily when I look at the graphics, I do not understand the concept of "stake", is there anyone who can explain?

 I imported my old wallet from 2015 and the new wallet is running and looks great! The Overview shows "O" coins in the new wallet although I see all my old transactions within Transactions.  A previous poster with similar scenario was told to swap out the old coins at pink.ca but that site has been down for a few days.  Please advise how I can fix this.

It's a bug, devs are working on a fix for that. But everything else is fine. You don't need to worry that much about it.

Never mind - I deleted everything and started again - now staking again, but "current BTC value is 0.00". Is there something I need to do if I would like to see the current BTC value.
 

thanks for sharing this mate, i'm also curious about pink coin and how to accumulate using the staking feature of this project now with your guide i'll be going to start buying cheap pink and store it inside and see how big can i get using the staking and wait for the price to jump high again to 1000+ sat, good luck and keep this to show more progress.

cool pink coin

Hi,

My wallet is not synchronizing (shows that it is "Synchronizing with network" and "12 active connections to Pinkcoin network", but the "blocks remaining" number is going higher - it's been synchronizing for 20 min now).
A few days ago I updated my wallet to v2.1.0.0. Today had to restart my PC and after that my wallet is out of sync.

Don't know what to do?

Check out how the Innovative & Groundbreaking Side-Staking works


> My wallet address. I am Staking...

You should swap your coins just visit pinkcoin.ca

Good, this tutorial of pinkcoin make me understand 

I start staking  

I am staking  

yes i have not updated since 2014 i take it i missed something?

Going to test this out, thanks!

Do you have the 2.0.0.4 wallet or the 2.0.0.5, or are you on the blockchain from 2014 still?

hi i have some pink coins i had in an old wallet on my old computer. Last I remembered my wallet stopped loading and went out of sync I remember someone told me how to fix the problem but it has been a while now. any help would be appreciated

Okay, so this was interesting. I followed the instructions given above. I broke my coins up like you said to, and shortly after the transaction, the wallet is no longer responding. I get it to close and restart the wallet, and it doesn't respond. What is going on with it? Can I just wait it out, or what? It worked fine before I tried to split up my block.

EDIT:

It all seems to be working now. Still don't understand why breaking up my block of coins was so hard for my system, but I haven't had a problem for hours.

How long on average until we are paid a stake?
Thanks

Posted on: (2)      

1. Steemit: https://steemit.com/pinkcoin/@hien-tran/pinkcoin-staking-and-coin-control-features-tutoria

2. Golos: https://golos.io/pinkcoin/@pinkcoinfaucet/pinkcoin-staking-and-coin-control-features-tutoria

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Source: https://bitcointalksearch.org/topic/pinkcoin-staking-and-coin-control-features-tutorial-1889129

It's due to the fact that bitcointalk has some issues in the past few days and sometimes images tend to be "broken" but after few refreshes they fix themselves.

Thanks. I've been looking for this tutorial but some of the photos are broken. nvm, it's fine now. I'll set up my wallet for staking now.

Great tutorial, I hope this will be useful for those that plan to stake and use the coin features.

This tutorial will cover the coin feature of the Pinkcoin windows wallet and will show you how to properly start staking.
 
If you want to read more about the Pinkcoin and it's rewards/features please refer to the official THREAD.
 

Windows and Mac wallets can be downloaded from the official website while Linux version can be download from github.
Extract the wallet on your desktop using Winrar and Right click > Run As Administrator. (There's no need of any installation or anything). Wait for it to sync. Usually it takes 5-10 minutes to sync.
 

 
After it successfully synced, go to Settings > Encrypt Wallet type the passphrase you want and hit OK. After you hit OK wait for some time and the wallet will close itself, make sure you re-open it. **NOTE** Make sure you remember your passphrase because if you forgot you will lose all your coins! **
 

 
To be able to start staking you need to unlock your wallet. If you hover the mouse over the arrow at the bottom right corner of the wallet you will see "Not staking because wallet is locked".
 

 
To unlock your wallet please go to Settings > Unlock your wallet and then type your passphrase that you set it earlier and make sure "For staking only" is checked.
 

 

After we successfully unlocked our wallet and tick the option "For staking only" we need to make sure that our coins are mature. Now the question is how do I know if my coins are mature and when they will mature?
 

 
If you have your coins stored on one of the exchanging websites such as Bittrex, Poloniex, Cryptopia or NovaExchange and you are sending to your desktop wallet if you hover the mouse over the gray arrow in the bottom right corner of the wallet you will see that says that you don't have mature coins. For coins to mature you need 101 confirmations or 8 hours before they can be used for staking.
 
Mined coins come in blocks of 50 coins. But when you buy them and send them to your wallet, they come in one big block of coins.When you stake, the whole block stakes. That's true if it's 50 coins or 500,000 coins. But if you have 500,000 broken up into 50 coin blocks, then when you stake, you don't lose all the weight you generated from your 500,000 coins, you only lose the weight from the coins you needed in order to generate the stake. But if your 500,000 coins are all in one big block, then when you stake, you'll lose all the weight you generated for that 500,000 coins, and they wont stake again until you build up that weight again. To prevent ourselves from losing all the weight that we built from staking we need to enable the coin features which will help us sort the issue and we will send the coins to ourselves into blocks of 1000's.
In the example I will show you with 4200 coins and how to split them into 4 blocks of 1000.
 
Click Settings > Options > Display > "Display coin control features (experts only!)" make sure this one is selected and hit OK.
 

 
After we enabled the coin feature, we need to go back to the Receive coins tab and copy our own address. After that we need to go the Send Coins tab and click on Inputs. In inputs you will see a bunch of columns. In this case as you can see we have 4200 coins and we want to split them into 4 stacks of 1000. So basically we need to select them and hit OK.
 

 
Now it will navigate us to the previous tab, the one that we came from. We need to have ticked SplitBlock and we will type 4 which means we split the 4200 coins into 4 blocks of 1000, (don't worry the rest 200 coins will find their own block). In the Pay To we paste our own address that we copied from earlier from Receive coins tab, and on the right side where it says After fee: we need to right click and hit Copy after fee and paste down below in the Amount. Basically we are sending the coins to ourselves.
 



 

 
If you followed the whole tutorial everything should work fine. But how do I check that?
In the bottom right corner of your wallet you will see the arrow changed it's color from grey (before we started staking) into green (after we started staking). And with that being said we finally started staking.
 

 
If you have any issues feel free to comment below.