Re: <--::--| XNG X11 Enigmacoin POW/POS Mining. HARD INVEST |--::-->

What is it counting down to?

Can anyone tell me why there was a count down to the release of a coin that has been released since 2016?

Excited about the opportunities of Enigma, but seems necessary to stop people being able to deposit on yobit while this problem is resolved. Shouldn't be down to the user to make sure that when XNG is listed on an exchange it is actually functioning properly.

This is not a countdown and not a release date, it's an advertising campaign, so people know about the coin. If you scroll through the entire topic, it will be clear the history of the coin and the goal.

I see - good to see the devs putting some time into advertising.

Can I ask what is meant by max coin age 30 days?

Max coin age- maximal coin age

To calculate the compensation in the POS system, the age of coins is equal to the time of storing coins in the wallet. The minimum age is the minimum time after which it is possible to receive an award, the maximum is used to calculate the reward. More details you can read here https://en.wikipedia.org/wiki/Proof-of-stake

Thanks for the information, makes sense. I don't understand how you can earn more than the block reward (150%) for staking? Where do those reward coins come from?

Could you also tell me whether some PoS coins don't require you to have your wallets online and others do? Or is it wrong that you can stake some currencies with your wallet offline?

Again thanks for the help