Post
Topic
Board Announcements (Altcoins)
Re: [ANN][HZ] Horizon Long + Fair Distribution|Decentralized Marketplace |
by
Pizpie
on 23/11/2014, 21:35:58 UTC
Pardon my newbie question, but I am confused about how forging works. I have a balance of HZ and I use the web wallet to monitor it. I see that each day I am awarded some HZ, and I am happy about that.

If I were to add my coins to a forging pool, would the rewards from the forging replace or augment the reward that I am already receiving? If it replaces it, would it be a larger reward?

Thanks in advance to anyone who can explain this to me.

You can't ''Forge'' your balance using the web wallet, only via ''Full wallet''.
The amounts you  been receiving daily are called ''Stakeholder Bounty'', which is calculated depending on your current HZ holdings. When on a forging pool, you can't solo forge, however Stake rewards are paid out normally (again, based on your current holdings).

But I can lease my balance to a forging pool, correct? There is a clear option for that in the wallet.

Yes

OK thanks, so my original question still stands; if I lease the coins for forging by a pool will I receive proceeds from the pool as well as the Stakeholder bounty as I have been receiving all along?

Hey there, yes you will receive your stakeholder bounty as well as the forging fees that are paid out from the pool.
When you lease your balance, you still have access to your funds in your wallet.
Here is a video on how to lease your balance to a pool:
https://www.youtube.com/watch?v=QEkRr0OaSZA