Post
Topic
Board Announcements (Altcoins)
Re: SUPERCOIN'S REVIVAL
by
Smoothmold
on 24/11/2017, 08:38:38 UTC
Ahhh, that feeling of staking 6,000 Super in a 12 hr period.

Wallet started like a champ and couldn't wait to stake.

I'd go with Super 2.0

Wow nice. How much do you get with staking? I thought it was 5%? A friend of mine received yesterday 40k from staking in one day, day afterwords 600 coins. He couldnt believe it.

Is this possible??

Also, do you have to have your wallet open 24/7 or will it stake also if you like onces in a while open your wallet for staking?
The 40k seems to be incorrect as he'd have to be staking millions of Super. After his wallet is fully synced and locked he should run "checkwallet" in the console to verify his balances are correct. If "checkwallet" finds a discrepancy he then runs "repairwallet" to correct balance. Any extra coins that "checkwallet" finds are not spendable as they don't really exist so "repairwallet" is recommended.

I believe the POS version is still 1.0 so that allows you to stake periodically and still get the same returns. Wallet upgrade needs to include POS 2.0 at a minimum to prevent this and require stakers to run wallet 24/7 for max returns.
This is when a Raspberry Pi staking wallet is beneficial for 24/7 staking.

I did forget how fast Super transfer and confirmations occur.  Grin

Ok thanks. I will let him know. What you mean with POS 2.0? I run the wallet 4.0.1.0. Thats ok right?

wallet version sounds fine.

Research Proof Of Stake.

Current wallet is based upon the first iteration of POS. POS 2.0 requires users to support the network to gain 100% of the annual apr.

If all of this is new to you please dont invest too much money before you understand the basics.

I will thanks! Do you mean with POS 2.0 running a masternode? I am all for Supercoin going for masternodes so we get a more stable network because it gives bug investors an incentive to hold.

Coins like Zcoin are implementing masternodes this month based on Dash masternodes. I am curious what you think about this for Supercoin.