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RE: How to setup Linda for staking on Ubuntu 16 Linux

in #lindacoin6 years ago

I have a small number of Lindacoins sitting in my wallet since last week. Since probably the number of coins isn't enough, the weight from my end (=number of coins) never changes. And ever since I started staking I keep seeing the Expected time to earn reward to be anywhere between 8 to 20 days depending on the network weight at that time.

My question is - shouldn't the wallet weight change the longer you stake? I have confirmed over 10000 transactions now but nothing has changed over the week. Is this normal?

Also should I expect to get the reward eventually with my current coin count or it's mandatory to add more coins to be able to get the reward?

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Hi pqbd! With the current difficulty, you will likely need at least 1 million Linda to get a payment approximately everyday. You didn't mention how many coins you have, but if it's under 1mm, it could take awhile to get a reward. It might take 5 days, or it might take 20 days. Staking rewards are very random. You could try restarting your wallet and see if that helps. I've heard from the early devs (not the current ones), that restarting sometimes will result in you getting a staking reward in a few hours...especially if you've been staking a long time like you have. You won't have to wait for your coins to mature if you restart, they are already mature.

Also, to answer your question about staking weight. With Linda, your staking weight is not dynamic, and will only change when the number of mature coins in your wallet changes.

I hope that helps.

Thanks auspex, this helps! I currently only have 50k Linda. From the day I started I have confirmed over 21000 transactions though. I thought that would make a difference but so far I haven't received any Lindacoins. Hoping to add more soon. Appreciate your reply!

Where does it inform you of the number of confirmed transactions? I am currently using the GUI wallet.

You can see that when you hover over to the right where it shows the Recent Transactions.

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