Step By Step Mining Electra ECA
A Step-by-Step Beginner’s Guide. Buying cryptocurrency doesn’t have to be complicated! Gaming Pc For Experience Points XP Mining there. Follow the steps below to get started investing in Electra (ECA).
I get that I'm supposed to get 50% of my holdings annually, but the specifics are not exactly specific. I'm not exactly sure how PoS works, compared to mining.
If I asked 'Is my wallet supposed to be online to meet up with the 50%/year?' , the website would've already answered that by saying no, but then. Question 1: How frequently is my wallet supposed to be online? Question 2: Why is my 'Expected time to earn reward' 44k days and growing?
What's up with those numbers? Most of the explanations on electraproject.org/crypto-wallet-staking-guide-electra-project usually leaves me more confused about staking than I was before reading. Not quite sure what you are specifically asking, but it just seems like you are generally confused at ECA’s Proof or Stake (PoS).
I’ll take a crack at it and try to ELI5: • Staking means that you allow for your coins to provide bandwidth to the network so that it runs more efficiently. Stakers are incentivized for doing this by being rewarded in more ECA. • The “coin days” are not literal days.
Verge XVG Miner Companies more. I’ve seen my coin days go from tens of thousands down to just over 200 in a matter of literal, 24-hour days. Coin days are just a measurement that correlates with your “weight.” • “Weight” is how heavy of a share that your stake provides to the network. The more ECA you have in your wallet, and the longer you’ve been staking, the heavier a weight you have. The heavier the weight, the less coin days, and the sooner the stake reward.
I think I got all that right, and I hope that clarifies some of it for you! As far as keeping your wallet online though, I can’t necessarily speak to that yet.
I get that I'm supposed to get 50% of my holdings annually, but the specifics are not exactly specific. I'm not exactly sure how PoS works, compared to mining.
If I asked 'Is my wallet supposed to be online to meet up with the 50%/year?' , the website would've already answered that by saying no, but then. Question 1: How frequently is my wallet supposed to be online? Question 2: Why is my 'Expected time to earn reward' 44k days and growing? What's up with those numbers?
Most of the explanations on electraproject.org/crypto-wallet-staking-guide-electra-project usually leaves me more confused about staking than I was before reading. Not quite sure what you are specifically asking, but it just seems like you are generally confused at ECA’s Proof or Stake (PoS).
I’ll take a crack at it and try to ELI5: • Staking means that you allow for your coins to provide bandwidth to the network so that it runs more efficiently. Stakers are incentivized for doing this by being rewarded in more ECA. • The “coin days” are not literal days. I’ve seen my coin days go from tens of thousands down to just over 200 in a matter of literal, 24-hour days. Coin days are just a measurement that correlates with your “weight.” • “Weight” is how heavy of a share that your stake provides to the network. The more ECA you have in your wallet, and the longer you’ve been staking, the heavier a weight you have. The heavier the weight, the less coin days, and the sooner the stake reward.
I think I got all that right, and I hope that clarifies some of it for you! As far as keeping your wallet online though, I can’t necessarily speak to that yet.