Post
Topic
Board Announcements (Altcoins)
Re: [ANN][OC] ONECOIN | NO PREMINE | FAIR LAUNCH | SHA256 TRIPLE
by
felixbrucker
on 07/03/2017, 23:23:29 UTC
how does one stake with the wallet and coins inside?

getstakinginfo returns enabled: true, but staking:false
and i dont see any GUI option to stake some/all coins

anyone?
I think stake take fee from transaction...

Quote
Proof of Stake:
- NO REWARD, ONLY TRANSACTION FEES
- A Stake will occur ONLY IF there is a transaction in the mempool that is paying the fee

it doesnt tell how to stake, it only tells which rewards you get, and which you dont

Of course it does. You must have some OC in your wallet and wallet unlocked for staking and if there are no transaction fees in the mempool a stake will not occur. If there are then you are competing with other stakers to claim those fees and mine/stake a PoS block. Hard to understand as i havent seen a crypto like that ever and this feature is actually one of the 2 reasons why i decided to watch this coin/thread and participate in the first place.

I dont think this KimBasinger character cares about this, this is clearly a satoshi nakamoto style release by someone with high coding skills that meet one onecoiner too many.

Plus if someone likes the code just fork it and change name and do a release.
 
I am only here for two things:

- to see how this proof of stake consensus will work as this could be a thing for Bitcoin future roadmap.
- to see if anyone from the onecoin (the one without the actuall blockchain) will post some comments or enlighten us


Code:
Proof of Stake:
- NO REWARD, ONLY TRANSACTION FEES
- A Stake will occur ONLY IF there is a transaction in the mempool that is paying the fee

i see, so it auto-stakes (given you "win" in this competition), does the amount of mature coins matter? if it doesnt one can split up his coins to multiple wallets without doing work (besides having the daemon running)