I do own some BTCD, Am I then one of the stakeholders? I am still fuzzy on the details.
Jim
As long as you keep the wallet open and unlock to stake then you are one of the stakeholders. The point is to keep the network as secure as possible and only people staking can make that happen. Along with gaining more BTCD, the dividend is pretty much an incentive since so much of SuperNET will be riding on BTCD. There is also mention of checking how long each user stakes to determine fairness of dividend so that opening the wallet once a month for a few hours doesn't gain the same benefit as someone that always keeps theirs' open. Basically, you are rewarded twice over for keeping the wallet open and staking.
NICE... However it says the dividends will be paid to an associated nxt addy? how does that work.
you pick a public BTCD address to use. It doesnt have to have much BTCD in it. The software will automatically map this address to a NXT address (using its privkey), then it will make a NXT alias so that you can use the same public BTCD address even inside NXT
James
James, Thank you much for answering.
My only question left is:
How do I 'pick a public BTCD address to use'? And I assume I want to use the addy that holds all my btcd.