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Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 08/01/2023, 09:48:52 UTC
pretty sure xsn is dead and that thread should be closed. if the hydranet people want to distance themselves from scam like xsn maybe they should want that as well, but hey, seeing how the reactions to criticism on that shitshows were, quite probably the same old posw scammers still going on about their vapourware
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Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 20/07/2021, 01:18:24 UTC
impressive how all my "fud" was even better than whatever was put in favor of that bs excuse of an working system
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Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 01/12/2020, 16:15:58 UTC
Is there a conf file for this coin with nodes?
Yes. There's a masternode.conf file located in the same Local Appdata directory as the wallet.dat.

 Huh anyway - there is a bootstrap [https://github.com/X9Developers/XSN/releases/tag/v1.0.21] if you have synching issues, else i can write you (pm) the list of nodes i am connected to as well.
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Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 24/10/2020, 15:45:02 UTC
went through a lot of messages in the discord channels since this project is very enticing technologywise, but in the end i don't see it succeding atm -

first and foremost - i am interested in economics and think politics and especially nationalism hurt our whole (obv international) internet ecosystem

second - i fail to see how a coin in which almost every channel got posts on why one political direction is the only feasible for some reason, is not putting off everyone who does not think like that.

third - marketing does not make sense if you have to be of one or the other political opinion economywise

so all in all as long as the naz.s have their way with xsn it will not compete better than a f*cking communist coin.

in the end - i am holding this coin for a very long time, the protofascists won't get me off it, but as long as this project is political it will not succeed (although the nazis posting about cryptobanking is fun indeed)
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Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 24/10/2020, 12:18:36 UTC
Holla,XSN wallet xsn-1.0.25 , doesnot sync. What can i do ?

hi, i would recommend using the bootstrap (https://github.com/X9Developers/XSN/releases/tag/v1.0.21 is the last one i was able to find). but since there are multiple error sources for synching problems, you should either post a little more information (ie does it sync up until some percentage, or not at all, how about firewall/antivirus rules, ...). if you don't have a problem with an allout trump discord you could join that as well, if you have though and dont want to write too much info on btctalk i would really not recommend looking into any channel but technical ones
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Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 14/09/2020, 11:26:40 UTC
https://medium.com/@john_draper/9ad1878627ac [2019-10-23 03:30 GMT+1]

oh hmm seems like they gonna need more money and therefore time. and the transparency and communication seems to have been that good, that jim (jstarhead) left. cool. very. and lovely how 2% become 7 mill (you know about 7%, but whatevers) in that proposal. you really sure i am the one responsible for - at least - uncertainty?

It is a Budget Proposal - An idea which has been circulated to the community to get feedback and voted on. So far most people like the idea, you apparently do not and that absolutely fine you are entitled to your opinion and can place your vote accordingly. The purpose of it is to bolster the treasury to ensure we can weather anything that comes our way. We are coming to the end of placing the building blocks for everything that will be built on our platform. During that phase it was necessary to have a solid core team to put those foundations in place. We have our team building the DEX but the DEX is just one dApp and it will need constant maintenance and upgrades as technology advances. This proposal will ensure that we can expand the development team to start building other dApps that will run within our ecosystem without spreading the core team too thin.

The circulating supply would increase roughly 2% (2M XSN) which would be distributed (IF NEEDED) over the course of many, many months. A lump sum of 5M would be added to the treasury just as the current 4.5M is and is there purely for emergencies. It is not added to the circulating supply just as the current 4.5M isn't and is voted in if needed.

If things start picking up then we always have the option to burn these funds which would be great for publicity.

Why now? Well because we are about to start our next phase with DEX and Wallet release and heavy marketing activities so we wanted to get this out of the way before starting those as we knew there would be some negativity surrounding the proposal so best to get it out of the way now than do it later when we are in the midst of other activities.

Again and I can't stress this enough it is a PROPOSAL which will help us massively IF we need it in order to compete with the big boys. We aren't messing about when it comes to the DEX, we have tech that nobody else in the world currently has and have a chance to leapfrog our competitors by hitting the ground running and we want to ensure that we have emergency funds available IF we need them because we don't want anything to slow the pace once we start rolling.

As for Jstar I don't know the details specifically about what is going on so won't comment to much apart from to say his leaving (if he has) has zero impact on development. He has never written any code for XSN, as far as I know he was a technical writer/advisor. Not to diminish anything he did as he was a great guy and was instrumental in putting together the WP and other technical documents we have shared.

and if you care looking up how many coins are circulating/what the total supply is [https://xsnexplorer.io/], there must have been some emergencies noone knows about seemingly
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Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 14/09/2020, 11:20:30 UTC
when will our coin be added to major exchanges such as Binance,KuCoin,Bittrex ?

Eventually, dont' worry too much about it.
The DEX is out, which makes XSN way way easier to get your hands on as an investor, since you don't need to trust any centralized exchanges. That's a pretty big deal.

I'm sure XSN will be on the major exchanges at some point, but isn't the biggest priority right now.

What DEX is out? Is there another DEX cooking? Limpid eyes, wide ruffled face, slovenly mouth used to taste of alcoholic spirit are characteristics inherent to an average stakenetter. U stake coz u want to forcefully tangle urself in a belief that there will be some use from staking in the first place which is how disillusionment is formed in an underdeveloped brain.

more so (the disillusionment formed in an underdeveloped brain) than your signature implies for another project(which seems to be an itsy-bitsy-teenie-weenie dead)? there is more than enough to criticize within the nazi ridden community (one look in #offtpoic on discord tells enough) as well as the rather interesting strategies of a group of devs, that is able to print 7mio coins like *poof*
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Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 17/08/2020, 14:50:24 UTC
Any timeline on the DEX release? I know it's pretty hard to say, as things needs to be tested and bugs fixed, but I really want to see this beast released so I can get started trading! Wink

Hi, DEX will be released Q2 in my opinion. Im waiting since PoSW so i think 2020 will be the finar year of waiting!

maybe. i am really sorry to say that, but since we are nearing the one year anniversary of the mclw at 100% on the roadmap, i wouldn't give any estimates if i weren't on the team.

so much for the q2 dex...
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Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 13/05/2020, 09:46:14 UTC
Any timeline on the DEX release? I know it's pretty hard to say, as things needs to be tested and bugs fixed, but I really want to see this beast released so I can get started trading! Wink

Hi, DEX will be released Q2 in my opinion. Im waiting since PoSW so i think 2020 will be the finar year of waiting!

maybe. i am really sorry to say that, but since we are nearing the one year anniversary of the mclw at 100% on the roadmap, i wouldn't give any estimates if i weren't on the team.

True, nobody knows, but I think it's a pretty good guess nonetheless, as the recent beta tests have worked pretty damn flawless. Really don't see what parts that would really delay it that much at this point in time.
Anyone can go verify this by joining their Discord, and ask to test the DEX.

true that, i am just being cautious since we are still in unchartered waters.
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Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 30/04/2020, 10:36:18 UTC
Any timeline on the DEX release? I know it's pretty hard to say, as things needs to be tested and bugs fixed, but I really want to see this beast released so I can get started trading! Wink

Hi, DEX will be released Q2 in my opinion. Im waiting since PoSW so i think 2020 will be the finar year of waiting!

maybe. i am really sorry to say that, but since we are nearing the one year anniversary of the mclw at 100% on the roadmap, i wouldn't give any estimates if i weren't on the team.
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Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 13/02/2020, 12:43:43 UTC
It has been a few months since I last made some statistics for xsns discord servers ann channel. Since the 6th of April 2019 there have been 35 anns with 11512 reactions (total includes one person clicking multiple reactions), which makes for ~328,9 reactions per ann, which is an improvement over the last controlled period (192 anns 46867 reactions ~241,6 reactions per ann). The most probable reason for that is that the amount of anns has decreased, but the informational character improved. There were only 2 anns with less than 100 reactions (MN/TPoS Sync Issues 2019-04-20 and a mandatory corewallet update 2019-06-26), but also only one with more than 500 (Roadmap Update from 2019-05-08). Compared to the former period, in which the highest number of anns (24) had less than 50 reactions, this is quite an improvement.
All in all there has been one ann with 0-49 reactions, one with 50-99, one with 100-149, 4 with 150-199, 5 with 200-249, 4 with 250-299, 6 with 300-349, 3 with 350-399; 7 with 400-449, 4 with 450-499 and one with 500-549.

For 2019 (from 2019-04-06 onwards) the most liked anns (total reactions, single most clicked reaction in brackets) were:

2019-05-08 Roadmap Update 504(62)
2019-07-12 Roadmap Update 493(58)
2019-09-03 Weekly Update & Mn Vote 488(40)
2019-07-03 Ledger/Trezor Dev Milestone 479(41)
2019-11-01 New Era/New Logo 441(77)

and with single most clicked reactions(total in brackets):

2019-11-01 New Era/New Logo 77 (441)
2019-05-08 Roadmap Update 62 (504)
2019-07-12 Roadmap Update 58 (493)
2019-06-12 Roadmap Update 56 (332)
2019-06-28 New Whitepaper 53 (420)

putting that data together with the data until 2019-04-05 you will see, that those 32 anns (compared to 30 from 2019-04-05 until 2019-12-31) would take all top 5 positions in total reactions. With single reactions New Era/New Logo would take the top place together with the ABCC-ann, but else the first quarter gets all places. The most liked Ann on discord up until now still is the Frank Amato Advisor (2018-06-04) one with 800 total and 93 single reactions.
There are a little less interactions over time, which makes sense alongside the maturing of the project, but the moment more people (not testchannel participants, insiders) think something bigger is going on (as shown with Amato, Litecoin Foundation Cooperation or New Era/New Logo) the numbers go up again, so it seems that the community is not changing too much in size, but is less motivated in interacting with updates, which don‘t let the mind fly.
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Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 10/02/2020, 14:48:40 UTC
This coin really should get on another exchange to gain more investor credibility.  
   You can rest assured that XSN will be accepted on exchanges with paid listing. This project is similar to those projects that banks create for inconspicuous integration into decentralized cryptocurrencies. They have no problems with financing, they do not need ICO.

oh you can rest assured any coin will be accepted on exchanges with paid (that's the clou) listing. how xsn is similiar to a bank - 100%idk - but hey at least te antisemites would move away then i guess. and they have so many no financing problems, that they just gave themselves another 10 [edit:my bad, it really was:] 7mill in december...
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Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 23/12/2019, 14:13:45 UTC
On what exchanges is XSN coin listed?
I only see some that are accused for scam many times on this forum.
I will not name them here...
according to their homepage on abcc, where i cannot find an xsn pair, on coinall, which has no spread or liquidity and reeks extremely scammy, and livecoin, which would be the place to buy or sell since it is the only exchange that has some real activity. i know many people calling them out for being shady, but i personally never had a problem with them.
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Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 19/12/2019, 16:10:06 UTC
Well the team provided a lot of unique features for the dex coins and exchanges and I'm sure that some of other coins will copy stakanet features in 2020 like lighting swap or cloud stake wallet. The management is good as they had no ICO funds and they work their way on top from 0 besides other coins who gather millions of $ and they don't deliver nothing in 2 years and we have bunch of examples of coins in this state of development. We may be right , 2020 could be the year of dex coins.

even though they had no ico funds, they worked their way to the top with 11.5 mill xsn in funds, which was millions in fiat [after the swap xsn about 0.4 usd so around 4.6mill usd at ath according to upblock 2.69 usd a lot more(but i can't remember that ath for the life of mine) so with the ath of about 0.79 usd on june 11th 2018 according to cmcs graphs more than 8 mill usd as long as they did not sell more than 1.4 mill in swap times with huge rewards going towards treasury] as well. zero is just not correct, and the sell pressure duringst the bear makes me wonder if an ico duringst the bull wouldn't have been better in hindsight. can't change anything anymore now, but one of the reasons the price is that low obviously is the necessity of selling coins for cheap for development. i - and as far as discord is believable most community members neither - don't sell at this price, because i don't have to, but the team needs to get payed either way.
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Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 15/12/2019, 14:49:58 UTC
You're doing such great analyses of stakenet , I love it man! I hope in time more people from community will support your posts. Well , the 2019 roadmap was pretty insane to be honest so was hard for them to achieve all the tech details especially when they needs more funds , right ? Even in this situation they managed to deliver the tech that so far it works without problems. Besides this I don't think we will get anything extra before this year ends but I do have a feeling that 2020 will be a good year for stakenet when it comes to tech deliver.

you are right, the developers delivered quite a lot in the testing-channel, and that for sure was no easy endeavour. at the same time that is the main reason why i wish for professionalism, because it hurts to see so many vaporware projects with just a semidecent marketing/pr strategy having a higher marketcap. if everything goes as planned 2020 should be stakenets year
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Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 15/12/2019, 12:58:29 UTC
so since the team lets its own ann thread die, here the accomplishments from q1-q3:

unlock for staking only
trezor integration (no tpos)

oh and as a bonus 100% xeeda-integration - you know the smartphone hwwallet that never came to be. the mclw was at 100% for almost a quarter, but is finally back to 99% gonna be interesting if it goes to 98% next.

but hey the next shilllists are being prepared i assume


there are 16 days of 2019 left and the team deployed - according to their roadmap - the following useable items:

ledger integration (no tpos)
trezor integration (no tpos)

as well as some not useable items:

One-click Lightning Network swaps [M] - not useable due to having no Stakenet Wallet(formerly mclw) deployed beyond the testphase
One-click Lightning Network privacy swaps [M] - same thing
Stakenet Wallet: TOR integration [M] - same thing
Stakenet Wallet auto updates [M] - same thing
Xeeda hardware wallet XSN support [V] - not useable due to no xeeda device

so all in all this year has brought us nothing really useable besides ledger/trezor integration. the testwallet is not a finished product - or to quote the team "During periods of hardcore backend development it is hard to show the larger audience the progress you are making, especially as there are no products they can use to see or measure that progress as nearly everything is done on the backend." (https://medium.com/stakenet/stakenet-2-0-a-new-era-e60288bf90c0 emphasis mine) and don't get me wrong, i would be happy if i would have been wrong with what was called fud. but in the end of the year my treasury analysis (https://bitcointalk.org/index.php?topic=3213013.msg50709268#msg50709268) was even too positive as recent developments showed, as well as my interpretation that 100% items will need about 1-2 quarters to being deployed (wallet was at 100% in may for example). the decentralized teams working on different parts of the stakenet infrastructure/environment don't really show as well. the only thing being developed seems to be the coin, there is no wp for anything but the coin, epos (XSN EPoS whitepaper and roadmap [V] at 20% on the roadmap) has not been heard of for quite some while, the fund for the hardwaredev (XSN Viper) did not materialize in anything seeable but 35% on the roadmap. so the decentralized teams working around different parts of the stakenet environment are rarely spotted. one of my favorites from the beginning CCPOS, which would allow to stake xsn and get rewards in for example btc, is at 10%. in the end the roadmap was too packed and too ambitious.

so what would my christmas wishes be?

firstly some realism. don't get items to 100%, which are not deployed/finished. don't cram the roadmap with stuff that gets no attention from the devs for one reason or another, don't add any more funds unless there are finished products. and either get rebecca back or hire someone new. so i guess i mainly wish for a more professional appearance, which would enable people to follow development without the necessity of being in a testing channel.

secondly - any release. but since i think that that can be butchered by having bad marketing first things first.

thirdly since i don't care too much for the hardware(if i remember correctly the vote back in slack times was 5mio coins in funds) or epos anyway, don't invest in those unless they become more than some acronyms and flashy names - for decentralized teams it should be possible to write a whitepaper on the whys of them. if they still have some funds don't touch them until the price increases.

or to put my wishlist into one word - i wish for professionalism
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Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 13/12/2019, 13:20:28 UTC
Gotta keep up to date with what happens with the projects you invest in. Otherwise you could be burned hard, lol

pretty sure you should get off your high horse
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Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 03/12/2019, 11:13:41 UTC
Nice info you provided above , I appreciate that. I didn't know about the extra supply added lately and that Rebecca left the team recently but even after this the team is still looking strong despite the fact that they won't achieve the roadmap they promised for 2019 but a lot of things were achieved.

Regarding funds, lets be glad that they working so hard without having any ICO to sustain the project and this is a strong fact that they're working for themselves too in order to obtain success of Stakenet. I hope in time they will achieve 1$ per stakenet and maybe the next pump will help them with this.

thx. absolutely with you on the funds, dont want to see the project die because of funding issues, there is just too much technology at stake. only thing i would like was some milestones/goals which unlock certain funds(for marketing for example). but in the end it is by far better perspectivewise to have the funds and not only the blockrewards.
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Merits 1 from 1 user
Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 30/11/2019, 22:52:39 UTC
⭐ Merited by boltz (1)
How many coins do you need to get a stake a week?

I think you should have a look at the cloud (cloud.stakenet.io) for one stake a week it seems a little ineffecient to have the wallet on 24/7.

I think its much safer to be in control of your coins , right ? If you can't manage your pc to run 24/7 then yes, you can try the cloud from stakenet. Also read above that sometimes it will take some days to withdraw coins from there so if a pump happens what will you do in that situation as like I said your not in full control of your funds.

true, but one stake is 9xsn and that is not even 0.5 usd - i think power costs are just higher than that. therefore inefficient. as long as turning the device off is more price efficient than staking, the cloud seems to be an alternative. but yeah, i don't even have an account over there, since i strongly dislike not owning my coins. not my keys - not my coins

the report on upblock is interesting https://upblock.io/report/Stakenet , but there are some inadequacies in it.
for starters the highlights - "Stakenet Wallet allows users effortless non-custodial access to multiple Cryptocurrencies, built-in privacy over TOR, and an In-Wallet DEX." will allow, has not been deployed yet. and if the hardware division (or the lack of information about it) is a highlight is doubtful.

the market data is wrong. the Circulating Supply is 97,690,840 XSN and the Total Supply 101,773,528 XSN. in depth should not forget about the fork, which added 7mill. in the reports defense - it was only a few hours before the report was published though, and i guess cmc was not updated at that time, or the report written before.

the threat of "Stakenet is funded by 10% of the block rewards. No ICO to cover development costs. They need a solid financial plan to keep development active" is not fully covering the funding. there were 11.5mill coins in funds from the transition from posw to xsn, and now another 7mill got added for dev purposes, and rsb are reinvested as well. so not saying that they don't need a solid financial plan, but it is not just funded by 10% of the blockrewards.

what is stakenet section "Another product they want to offer in the future is a Decentralized  Exchange - Stakenet dx. The masternodes supporting the network will get 100% of the fees collected." seems not to be true in the beginning, draper stated it will start as hub by the team and some(not all) community members. so not all mn will be eligible from the start.

technology: "Stakenet builds on previous iterations of PoS consensus algorithms, precisely that of Peercoin, with an additional implementation that enables staking on cold-storage wallets." staking from cold-storage wallets has not been enabled by either ledger nor trezor, so i would go with ... additional implementation that will enable ...

product: "TPoS marketplace: Marketplace for users to find the best merchant nodes for staking XSN." as far as i know that never was implemented, and with the proposed moving of tpos to the masternodes, this wouldn't be necessary anyway.

privacy: up until now nothing has been deployed, also "The zero-knowledge proof technology zk-Snarks is another privacy-centered feature that is set to be implemented in the future." according to the roadmap it would be "First layer network upgrade: Confidential Transactions -MimbleWimble- [M]", which has been proven to be insecure (https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52), so i hope it is just the roadmap not being updated.

team: in discord there was a statement, that rebecca does not work for stakenet anymore, would be happy if that was wrong though, and yes she is still on team homepage, on the other hand her last post was long long ago.
team compensation method - as stated above there are also the funds and those are not just fed by 10% of the rewards.

the roadmap section is highly inaccurate. there are no quarters on the official one and how it is put on upblock it woud seem that the there would have been a launch of the mclw in q1 or of the dex in q2.

Project Start / ICO Details (If Applicable): "Took over from POSW by X9 developers and rebranded to Stakenet at March 2018" which had an ico to be objective
and "No premine / 73 Million coins swapped from POSW to Stakenet" - still don't understand how they should have been able to *poof* magically have 73mill coins appear for a swap without a premine. but that might be a problem with my idea of a premine ("Premining is the mining or creation of a number of crypto coins before the cryptocurrency is launched to the public." @investopedia). and i really don't see how that would be bad with a swap, since unswapped coins got burned anyway.

block info/inflation: the inflation now actually is 10,33% and not 12,95% ; i think the report simply did not take the 7mill added coind into account, but ofc more total supply decreases inflation

partnerships: as stated many times, i really would not put xeeda out there anymore. or has a any shipment occured in the last year? well at least there was an update in there telegram channel, that a new hp will go online soon on dec 1st. anyway i would never put that above the ltcf cooperation.

social presence: only accounts for english channels, stakenet has active - for example german and turkish - community channels in other languages as well i would add
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Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 27/11/2019, 10:48:41 UTC
How many coins do you need to get a stake a week?

I think you should have a look at the cloud (cloud.stakenet.io) for one stake a week it seems a little ineffecient to have the wallet on 24/7.