Hi everybody,
Just a newb question. I have a large stack of Fibre on my secondary machine, which is mostly off-line all the time. Does staking work on off-line wallets? Should my Fibre be in an on-line wallet to contribute to the network?
Thanks for your patience...
Just a newb question. I have a large stack of Fibre on my secondary machine, which is mostly off-line all the time. Does staking work on off-line wallets? Should my Fibre be in an on-line wallet to contribute to the network?
Thanks for your patience...
Hey,
After coins reside in your wallet for 12 hours they are starting to stake
Staking helps the network , Staking interest rate 5% a year but you are getting small chunks of it daily
You don`t have to leave your wallet always on , you can turn it on from time to time to collect the stake
By the way to all of you guys keeping your fibre on the exchanges, you are missing out on staking, it come in bits but they all add up. if you believe that price of Fibre will rise dramatically (which it will), those coins you gain from staking now will be worth quite a bit 
it will also make the network more secure amongst other things. So lets stake more please
it will also make the network more secure amongst other things. So lets stake more please Yes well stated LondonMP, all mine are not in any exchange right now. Its a good way to keep the network strong and secure.