Post
Topic
Board Announcements (Altcoins)
Re: [ANN] (SLACK) Econocalypse : 👽 🛸 💰 DobbsCoin v2.0 (QUARK POW/POS+[MN]) 💰��👽
by
bhunter1976
on 18/04/2019, 14:22:20 UTC
So, what exactly is zSLACK?  I see these micro transactions of usually 0.01 SLACK to a zSLACK balance.  Is this part of the PoS?

I wondered that too.

I found this about zpiv that helps explain zslack. Basically it's what enables the privacy features of the coin. So if you want your transactions to be private you need to be minting zslack. If not you can turn it off: (https://pivx.freshdesk.com/support/solutions/articles/30000026923-automatic-zpiv-minting-and-zpiv-backup-requirements)


https://memegenerator.net/img/instances/48238851/oh-yes-its-very-nice.jpg

But does anyone actually have any that's matured, and spendable?

It appears that in order for them to mature there have to be a specific number of zSLACK minted after yours. Just like with normal block rewards, they don't mature until more are created. So if everyone has their zSLACK automint turned off and no more is being created, then they won't mature. At least that's the way I'm understanding it.

Are we going to have to do anything to stake our SLACK when it switches to POS tomorrow? Is a wallet upgrade going to be needed? Are we going to have to type anything into the console to stake?