BitShares Forum
Main => Technical Support => Topic started by: mx1000 on November 28, 2014, 01:54:46 am
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I am a total noob when it comes to BTS.
I have 903K BTS.
How do I mine/stake/revenue ?
I did select 1 delegete (more are in the list but I can't remove them) and then I vote all -> resended all BTS to me with 0.5 Fee and I clicked ok ?
Its really confusing, now I have an IT background but I can't really solve this trick... :o ?
https://bitsharestalk.org/index.php?topic=11663.0
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You don't "mine" or "stake", only delegates produce blocks and get paid. Instead you sit back and enjoy the growth of BTS value =P
You can vote for up to 110 distinct delegates at once. You voted correctly.
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You don't "mine" or "stake", only delegates produce blocks and get paid. Instead you sit back and enjoy the growth of BTS value =P
You can vote for up to 110 distinct delegates at once. You voted correctly.
Ah ok, as far I understood I could 'join' a delegate.
How does BTC swapping occur/works (btsBTC) ?
Or is it, currently, purely fictional ?
And is there an web/json API for BTS(x) adress generating ?
Also the client should get more 'common'ly so more people adopt it.
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You can't "join" a delegate, you just pick which ones you approve or become one yourself.
What do you mean BTC swapping? Like a service that converts BTC to BitBTC and back? Right now your best bet is just a centralized exchange for that.
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You can't "join" a delegate, you just pick which ones you approve or become one yourself.
What do you mean BTC swapping? Like a service that converts BTC to BitBTC and back? Right now your best bet is just a centralized exchange for that.
Ok thanks, is there any 'tutorial' how to become a delegate ?
And delegate is an CPU/GPU eater or ?
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So called account key, is that my private key or my 'receiving' adress ?
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You can't "join" a delegate, you just pick which ones you approve or become one yourself.
What do you mean BTC swapping? Like a service that converts BTC to BitBTC and back? Right now your best bet is just a centralized exchange for that.
Ok thanks, is there any 'tutorial' how to become a delegate ?
And delegate is an CPU/GPU eater or ?
Cpu is used but I don't think its used as intensive as mining.
http://wiki.bitshares.org/index.php/Delegate/How-To
So called account key, is that my private key or my 'receiving' adress ?
It's your receiving address but you should register an account name, it makes life easier
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Delegated proof of stake doesn't try to solve any puzzles like proof of work does. Since each delegate signs one block per round, with 101 blocks a round, there is no work to be done. Just process the transactions and sign the block. There is no race between delegates.
Sent from my SM-G900T using Tapatalk
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@Riverhead,
Is this: http://wiki.bitshares.org/index.php/Delegate/How-To really the best practice?
I have been doing a little bit of reading behind the scenes and it seems like you don't want to do all this stuff from root. This is just one for-instance...
I would love to make a guide myself if I could get a solid little checklist of exactly each step/substep description. That way I can essentially just google search each step, learn the best practices and then make videos on them. If you can provide me with said checklist, I think i'll be able to make the videos.
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I would love to make a guide myself if I could get a solid little checklist of exactly each step/substep description. That way I can essentially just google search each step, learn the best practices and then make videos on them. If you can provide me with said checklist, I think i'll be able to make the videos.
+5% great idea for accessible tutorials
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You can't "join" a delegate, you just pick which ones you approve or become one yourself.
What do you mean BTC swapping? Like a service that converts BTC to BitBTC and back? Right now your best bet is just a centralized exchange for that.
I got my BTS due to investing with BTC in the count-down.
But now I truly wonder, how can I retrieve LottoShares Bitshares Vote BitShares DNS ?
I can't vind them anyware, neither how to aquire them or what they are?