RE: 24h left to invest in neblio. Check it out!!
Nicely written @flurin. I appreciate the addition of the details and I actually bought some already and intend to buy some more before the ICO closes in 20hrs. The first post i found on this was from @steam.engine and i put a link at the bottom I think you will like what he wrote too.
I have a question or two that you may have seen the answer too. If they burn all of the left over coins after the ICO how do they pay the 10%? Or are they creating new and that is the inflation component for ever?
For your wallet to be engaged in the validation process and earning money, does the app have to turned on and running on your computer? or is your wallet effectively live on the network and you just call it back to look at it when you want to see whats going on?
hi @whites40. Thanks for your response.
To your questions: In order to stake you need your wallet to be unlocked (in case you encrypted it, which you find on the top under settings). In cae you encrypt it, uncrypt it as much as you want it to be used for staking! It is safe, because you have to encrypt every time you open the wallet. You see if its locked on the bottom right, there a little lock sign :) so yes, your wallets need to be online to keep the network safe and in order get some token rewards
The other question: I couldn't find an answer yet but i contacted the team. So i might be back soon with an answer. In the meantime, check out propy and rivetz.. :) and lots of others..
@whitets40: here the answer for your first question:
Staking creates NEW tokens in addition to the amount in circulation after we get all of the orders processed.
I have Neblio running on my laptop but I move around a lot so its not always connected. I have found that the wallet gets locked again automatically and stops staking. So you have to open the application each time and make sure that the wallet is still unlocked.