Post
Topic
Board Announcements (Altcoins)
Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
by
Munti
on 20/11/2017, 19:14:44 UTC
Hi all,

Sorry if this has been asked a million times but here goes...

1) I have just downloaded the QT wallet today so I just need to confirm I do not need to do anything with the wallet or my coins for the upcoming fork?

2) I have just moved my coins from an exchange to my wallet, how long until the coins are "mature" and can start staking?

Thanks

1. Correct. The wallet will handle the fork automatcally.
2. It takes two hours for the coins to mature.

Thank you! Smiley

One last one ... If I add coins to my wallet I don't need to re-save a back up every time I make a transaction do I?

Really new to this so these are probably ridiculous questions

Cheers

No, you don't need to make a new backup every time you deposit to your wallet (But make sure you have minimum one backup. And also remember that a backup you keep at home doesn't help you if your house burns down)

There is no such thing as a stupid question. We all had to go through this learning process. Smiley