Re: [ANN] Signatum - New Algorithm - Fair Launch - No Premine - Cryptopia
Yiim or Hashbag which are better now? 
And how to POS? or just let it on the offline wallet.
And how to POS? or just let it on the offline wallet.
PoS begins at block 94000
How does POS work then? We store the coins we mined and they grow or some crazy shit lol?
thxx
Kind of, you will get an interest of 5% annually.
Can I ask some question?
- Where I can store the coin? wallet in exchange? Software, hardware wallet? I kind of confused
- 5% paid by SIGT right? assume that I have 100SIGT and then end of year I will have 105SIGT. Am I correct?
Better to store SIGT on your desktop wallet and locked with encryption. Save backup locally too. Or sent to exchange protected by 2FA.
5% is PoS reward and no, for 100 SIGT you get 5 SIGT as PoS reward and for 1000 is 50 SIGT.
You won't get any PoS if you encrypt your wallet, it has to be open.
It has to be "open for staking", that is enough.
Thanks for your all infor.
So if I keep in exchange after PoS start a year. I will get 5%,right?
If you keep it on an exchange you will not get 5% POS. You have to keep it in the Signatum wallet, and you have to run the wallet constantly to stake the coins. Almost forgot... first you have to code the wallet at the settings menu, then close it, start it again, then unlock it and after it will stake your coins. It will stake mature coins only, coins become mature coins after 60 confirmations.