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Quote from: Filkus on May 28, 2018, 09:24:25 PM

I made my first purchase of NKA. (1.2M) on Friday afternoon.
I have had my computer running with the wallet on since.
My initial deposit has over 5k confirmations, but the wallet still says
"Not staking because you do not have mature coins"

My wallet was encrypted, then unlocked for staking.
How long does it take to see some results or even for it to say they have matured?

that should be no problem. you get every 35 days 9% from your coins you hold. during that time you get nothing.

It would make more sense if it was 9% Annual Percentage rate. Still beats all the banks, but not crazy.

Is that true whether I keep the wallet open for staking or not?

You are not obliged, I opened it every so often to download all the blocks.

Does this mean that the 9% every 35 days is a reward on top of any staking rewards?

Receive 9% of the coins you held in the wallet for 35 days!
Beyond this, INCAKOIN is a very devalued currency, but in a while, it will be a big surprise for everyone. It reminds me a little HTML... Shocked

If you take the cumulative interest of 9% per 35 days calculated for a year, how is this coin meant to be a long term sustainable currency? That's way too many coins issued per year. Even per month.

I think that +/-93% of annual interest is fair, I do not know exactly the total supply, but if the interest were higher, it would be higher inflation.
However, in the future the Masternode will be implemented, indeed, I would have voted for 20m coins to perform masternode.

Fair?

It is dumb, it has nothing to do with fair. Maybe you should read up on economic sustainability and come back.

Filkus

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