Topic: POS coin that you don't need wallet open 24/7? (Read 2161 times)
In fact many POS coins you can stake perhaps once per month and still can earn roughly equal to those stake 24/7. You only lose some compound interests which are very small in amount.
I feel that NXT was already pumped. before once Ardor comes as NXT will go to zero
I think POSwallet is Nice but they charge 1-1.5% fee for deposit any listed coin . (Like Net coin they Charge 1.5% )
You can even request them to add new coin too
Thanks
Regards
sayyedraza
You can even request them to add new coin too
Thanks
Regards
sayyedraza
Sounds like a great cloud staking service to try. I've had a bad experience with Stakeminers and Staisybit, hopefully this new service would be reliable at last. As long as it delivers as promised, there should be nothing to worry about. But still, as with any investment it is advised to proceed with caution.
I think it's 1000 nxt or so the minimum u need to stake. But do note that returns are also quite low from staking, it's only 1% or 2% per year. Now with the bonus program it's maybe 3%.
Nxt/Ardor is not so interesting if you are only in it for mining and dumping, but if you are in it to build a coin stash that hopefully goes up a lot, and so hold the Nxt/Ardor than you may make great returns, not so much thanks to mining but thanks to the coin going up more as others because it favors investors more than others.
Great. Thanks for the tip. I'll grab some more NXT while they're cheap as it may be suddenly pumped once Ardor comes live. If the price goes up, I would have made profit along with the stakes that I may receive.
OMG ! I love Hodl I love the whole idea of it and how it works. I always put my hodl coins in for a full year for the max return. Do it now for massive earnings early on. The rate goes down so I do not know what it will be at the years end but it is still worth it.
Sounds exciting! I will give this a try and see how profitable it would be. Since Hodlcoin is very cheap now, I will grab a bunch of these coins and see my return in a year. This alt coin has been added to my favorite list of CPU mineable coins.
7% yearly??
HodlCoin pays like below:
Quote
Current Bonus Rate:
541.66416%
Standard Rate:
5.00311%
Total APR:
546.66727%
Daily Rate:
0.22750%
541.66416%
Standard Rate:
5.00311%
Total APR:
546.66727%
Daily Rate:
0.22750%
Interesting. Can you tell me more how this interest works? Is it the same as staking coins leaving your wallet open or do you need to participate in something? Hodlcoin has a much higher APR rate than EverGreenCoin, so it has definitely brought my attention. I'm always on the lookout for high APR PoS coins.
You have to lock your coins. This is blockchain interest. You have to wait till lock time end. Further details you can find here:
https://bitcointalk.org/index.php?topic=1317918.0;topicseen
OMG ! I love Hodl I love the whole idea of it and how it works. I always put my hodl coins in for a full year for the max return. Do it now for massive earnings early on. The rate goes down so I do not know what it will be at the years end but it is still worth it.
Thanks for the info, mate! It is good to know that you can also stake NXT without leaving your wallet open with the option to lease your coins to the other account. Still, what would be the minimum amount of NXT to have in order to begin forging? I have some NXT but it doesn't start forging maybe because I don't have enough NXT to begin with the process.
Anyways, NXT has been one of my favorite alt coins and I hope that with the release of Ardor it would be even better.
I think it's 1000 nxt or so the minimum u need to stake. But do note that returns are also quite low from staking, it's only 1% or 2% per year. Now with the bonus program it's maybe 3%.
Nxt/Ardor is not so interesting if you are only in it for mining and dumping, but if you are in it to build a coin stash that hopefully goes up a lot, and so hold the Nxt/Ardor than you may make great returns, not so much thanks to mining but thanks to the coin going up more as others because it favors investors more than others.
I think POSwallet is Nice but they charge 1-1.5% fee for deposit any listed coin . (Like Net coin they Charge 1.5% )
You can even request them to add new coin too
Thanks
Regards
sayyedraza
You can even request them to add new coin too
Thanks
Regards
sayyedraza
Actually, it's little different. What I meant is that you don't have to stake because you don't lose your percentage ownership in the coin if you don't stake. Most POS coins have inflation that goes to stakers, and so if you don't stake, you are losing slowly but steadily your percentage ownership of the coin. So, you have to stake.
With NXT this is not the case because there is no inflation. The stakers get payed with the transaction fees only.
But you seem to be interested to stake without having your wallet open. This actually is possible in NXT as well, you can basically lease your staking power of your coins to another account, and they will stake with your coins, but they can't spend your coins, so you have no counterparty risk.
In NXT they call staking, forging. A 'forging pool' usually takes a share of the forging income. You have to renew this only once per month or so, so shortly login and then you can close your wallet again for a month.
Thanks for the info, mate! It is good to know that you can also stake NXT without leaving your wallet open with the option to lease your coins to the other account. Still, what would be the minimum amount of NXT to have in order to begin forging? I have some NXT but it doesn't start forging maybe because I don't have enough NXT to begin with the process.
Anyways, NXT has been one of my favorite alt coins and I hope that with the release of Ardor it would be even better.
NXT ofcourse.
The only one having no inflation, miners are payed with the transaction fees only.
This means, you don't have to validate transactions to keep your share of the currency.
So no need to have client open.
The only one having no inflation, miners are payed with the transaction fees only.
This means, you don't have to validate transactions to keep your share of the currency.
So no need to have client open.
I've never thought that you could stake your NXT without the need to leave your wallet open 24/7. So that means that I can forge for example 10,000 NXT and then be able to receive stakes the next day without opening NXT wallet? If so, then it is pretty awesome. Also, NXT will be changing soon to Ardor so I think that this will make it a profitable journey for early NXT holders.
Actually, it's little different. What I meant is that you don't have to stake because you don't lose your percentage ownership in the coin if you don't stake. Most POS coins have inflation that goes to stakers, and so if you don't stake, you are losing slowly but steadily your percentage ownership of the coin. So, you have to stake.
With NXT this is not the case because there is no inflation. The stakers get payed with the transaction fees only.
But you seem to be interested to stake without having your wallet open. This actually is possible in NXT as well, you can basically lease your staking power of your coins to another account, and they will stake with your coins, but they can't spend your coins, so you have no counterparty risk.
In NXT they call staking, forging. A 'forging pool' usually takes a share of the forging income. You have to renew this only once per month or so, so shortly login and then you can close your wallet again for a month.
Here's some good information : https://wiki.decred.org/Introduction#Meritocratic_Governance
Imo Decred seems to be one of the best projects around
Thank you again, mate. This governance system from DCR looks a lot better (in my opinion) than Dash's decentralized governance. It has a pretty good mining algo, as well as being able to stake your DCR stake. I think that it is pretty undervalued in my opinion, but a good chance to get some cheap coins.
NXT ofcourse.
The only one having no inflation, miners are payed with the transaction fees only.
This means, you don't have to validate transactions to keep your share of the currency.
So no need to have client open.
The only one having no inflation, miners are payed with the transaction fees only.
This means, you don't have to validate transactions to keep your share of the currency.
So no need to have client open.
I've never thought that you could stake your NXT without the need to leave your wallet open 24/7. So that means that I can forge for example 10,000 NXT and then be able to receive stakes the next day without opening NXT wallet? If so, then it is pretty awesome. Also, NXT will be changing soon to Ardor so I think that this will make it a profitable journey for early NXT holders.
This is a good thing i never heard that thing here that you can leave and dont open your wallet just to stake it for 24 hours.
But i saw it looks like more pos coin right now are good to hold because you are taking interest while your wallet making interest.
But i saw it looks like more pos coin right now are good to hold because you are taking interest while your wallet making interest.
NXT ofcourse.
The only one having no inflation, miners are payed with the transaction fees only.
This means, you don't have to validate transactions to keep your share of the currency.
So no need to have client open.
The only one having no inflation, miners are payed with the transaction fees only.
This means, you don't have to validate transactions to keep your share of the currency.
So no need to have client open.
You have to lock your coins. This is blockchain interest. You have to wait till lock time end. Further details you can find here:
https://bitcointalk.org/index.php?topic=1317918.0;topicseen
Thanks for sharing this with me mate. I'm looking into how it works and I have to say that it has really brought my attention. Considering that Hodlcoin is cheap right now, I might grab a few coins to test this out. Hope that I'll make the wise investment decision doing this.
Decred, you can delegate voting right to stakepool. Stakepools only have voting right, so it's not possible to lose your coins.
Sounds cool. I'm researching more about this and so far it looks very promising. This is somewhat similar to NEM's delegated harvesting by the way, but worth the shot. Another good thing that DCR has is decentralized governance where users can decide upon the future of the digital currency.
Here's some good information : https://wiki.decred.org/Introduction#Meritocratic_Governance
Imo Decred seems to be one of the best projects around
Hi, the opposite of my other thread. Coins that you dont need to have your wallet open 24/7.
like the below which i like
Zeitcoin, Mintcoin, NEM
like the below which i like
Zeitcoin, Mintcoin, NEM
OKcash, currently at 20% stake... good timing still.
You have to lock your coins. This is blockchain interest. You have to wait till lock time end. Further details you can find here:
https://bitcointalk.org/index.php?topic=1317918.0;topicseen
Thanks for sharing this with me mate. I'm looking into how it works and I have to say that it has really brought my attention. Considering that Hodlcoin is cheap right now, I might grab a few coins to test this out. Hope that I'll make the wise investment decision doing this.
Decred, you can delegate voting right to stakepool. Stakepools only have voting right, so it's not possible to lose your coins.
Sounds cool. I'm researching more about this and so far it looks very promising. This is somewhat similar to NEM's delegated harvesting by the way, but worth the shot. Another good thing that DCR has is decentralized governance where users can decide upon the future of the digital currency.
Decred, you can delegate voting right to stakepool. Stakepools only have voting right, so it's not possible to lose your coins.
7% yearly??
HodlCoin pays like below:
Quote
Current Bonus Rate:
541.66416%
Standard Rate:
5.00311%
Total APR:
546.66727%
Daily Rate:
0.22750%
541.66416%
Standard Rate:
5.00311%
Total APR:
546.66727%
Daily Rate:
0.22750%
Interesting. Can you tell me more how this interest works? Is it the same as staking coins leaving your wallet open or do you need to participate in something? Hodlcoin has a much higher APR rate than EverGreenCoin, so it has definitely brought my attention. I'm always on the lookout for high APR PoS coins.
You have to lock your coins. This is blockchain interest. You have to wait till lock time end. Further details you can find here:
https://bitcointalk.org/index.php?topic=1317918.0;topicseen
7% yearly??
HodlCoin pays like below:
Quote
Current Bonus Rate:
541.66416%
Standard Rate:
5.00311%
Total APR:
546.66727%
Daily Rate:
0.22750%
541.66416%
Standard Rate:
5.00311%
Total APR:
546.66727%
Daily Rate:
0.22750%
Interesting. Can you tell me more how this interest works? Is it the same as staking coins leaving your wallet open or do you need to participate in something? Hodlcoin has a much higher APR rate than EverGreenCoin, so it has definitely brought my attention. I'm always on the lookout for high APR PoS coins.
Evergreen EGC wallet does not need to be open 24/7. Currently pays 7%
7% yearly??
HodlCoin pays like below:
Quote
Current Bonus Rate:
541.66416%
Standard Rate:
5.00311%
Total APR:
546.66727%
Daily Rate:
0.22750%
541.66416%
Standard Rate:
5.00311%
Total APR:
546.66727%
Daily Rate:
0.22750%
Most of the POS 1.0 coins (PeerCoin clones) are like that.
Evergreen EGC wallet does not need to be open 24/7. Currently pays 7%
Jump to: