So just to be clear : you only need to hold ZeitCoin in a wallet and it will start to generate interest all by itself ?
Does this even work if the computer is turned off ?
Does this even work if the computer is turned off ?
I think so, but you dont even need it. The only reason that zeitcoin is not getting really big at the moment is the fucking cryptopia website. That thing is crashed so the trading is not big right now
Cryptopia has always been more than fair with ZEIT. Please do not insult them here , it is not appreciated.
In no way , is that Cryptopia's fault, it is an attack on our coin by the same individuals that paid the hacker to attack our web site.
Cryptopia has their polices , and due to our enemies perfectly planned dumping , they crashed us below 1 sat on the BTC markets and kept us there long enough to lose our btc pairing. Which in and of itself not normally a big deal as our LTC and Doge pairings were quite active and in time our price would have gotten high enough to return to the btc pairing. Plus we still have our btc pairing on other exchanges.
Due to the new users joining the crypto world in mass, almost all exchanges are having issues and handling it as best they can.
The result of this is a price increase for majority of crypto , which we are seeing for ZEIT, even without an active Cryptopia market.
So in the meantime, until the other issues get sorted, just use one of the other exchanges.
SouthXchange & alcurex are running at normal speeds at the moment.
FYI:
Whether the PC is off or on, your interest rate continues to accumulate as long as it is in the same address for more than 24 hours.
However your interest is only earned when you stake. (Which the PC has to be on and your wallet in sync for staking to occur.)
But the more you stake the more compound interest is earned, so a wallet that stakes all the time will earn more compound interest.
https://www.investopedia.com/terms/c/compoundinterest.asp
FYI2:
I will have an updated Snapshot posted in the next day or so.
