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VeriCoin Staking

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Revision as of 15:00, 7 December 2017 by Joe rondx (Talk | contribs) (Guide to Staking)

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Guide to Staking

5VCurrencies: It sound like we need to draft an easy to understand "Guide to Staking". When the community

sundaypi : Do you need someone to write a staking wiki article?


whats the staking calculation for vericoin? 2.5% APR +/- a little varance. 15,000 aged coins would get you roughly 1 VRC per day over time. Its not hyper interest, we all know those coins simply arent sustainable.

For staking you need coins in your wallet (the more the better) and have it running (with connection) at best 24/7. While online your wallet supports the network and processes transactions - for doing so you gain interest. One detail about VeriCoin (PoS-Time): your coins need to "mature" in your wallet for about 8 hours to start staking.

Troubleshooting

Mac

This is the problem confirm you have no wake on demand features active https://support.apple.com/en-us/HT201960

This causes the wallet to sleep it’s connectivity and wake it up but it wakes it up too late and stakes get orphaned By the way you are not losing interest once you get a good stake it will account for time since your last good one.  The orphaned (?) stakes aren’t actually lost interest you can still get that interest in another stake.