Post
Topic
Board Announcements (Altcoins)
Re: [ANN][EMC] Eloncoin - Mars, here we come!! 🚀 - POS Energy Efficient.
by
Little Mouse
on 21/09/2021, 13:02:56 UTC

Quoted for the image visibility.

Quote
When you cold stake, the coins are staking like a pool. But you still have 100% control of them, and get the rewards, and you can use them whenever you want. It will still be shown as full funds in your wallet, but when you make transfers "send coins" you will have the option to use the ones that are staking or still in your wallet or both at the same time.
I didn’t have any idea how cold staking works though it was more or less defined in the wallet. Who will receive the rewards? Is it me or the running node? Also, what information I will be sharing with the node? Can you please share more details on the privacy issue? It would be good.

Can I do it through VPS? Like installing a wallet on VPS and keep it running all the time and defined cold staking in my wallet? Or something else I need to do?