Post
Topic
Board Announcements (Altcoins)
Re: [RADS] Radium - Bringing Advanced Utility to the Blockchain
by
BoldNinja
on 04/05/2016, 12:50:26 UTC
What happens to the radium when people use their radium for radon? Does the radium that was used gets transferred to those that mine a block?

yes, that is exactly what happens! 

Whenever someone turns Radium into Radon, the Radium goes to supplement the block reward of the next block.  Basically this means, that as more people start using the SmartChain, the more profitable staking will become.

JJ

Indeed, not many people know this and I think even less people realise how great this is.
The more traction Radium gains, the more profitable it will be to just stake your coins (and it's already pretty profitable).

Can anyone explain staking a bit more in-depth and how to set this up? I have a some rads on Poloniex and they are long term investment for me so I think staking would do me much better than just leaving it on Polo.