Ninjastic
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Board Announcements (Altcoins)
Re: [ANN]Faircoin - MULTIPOOL pays 5% bonus. MANDATORY update before block 4800!
by
miguodong
on 13/04/2014, 13:59:16 UTC
Quote from: wn666 on April 13, 2014, 01:36:40 PM
Quote from: jztxeno on April 13, 2014, 01:33:50 PM
Quote from: wn666 on April 13, 2014, 01:32:31 PM
Quote from: jztxeno on April 13, 2014, 01:30:41 PM
uhm, i had 21k FAC in my balance and now 3k went to "Stake" whats happening there?

They are making little faircoin children (its the staking process, when its completed they are returned + some % extra). Kinda like interest rate in a bank. Part from that banks steal and fiat needs to die etc... Smiley

ah nice, ty! Does that happen once or regulary?

It happens regularly. Its the proof of stake mechanism. Instead of mining, you get a % of your total (it looks kinda random, has to do with how long coins have been in the wallet).

Then, how do I change the Stake to FAC Coin? I am currently move FAC to the exchange but stake remain in my wallet.