No Limit Coin NLC2 - Wallet Staking TutorialsteemCreated with Sketch.

in #cryptocurrency7 years ago

Tutorial on No Limit Coin NLC2 Wallet Staking. NLC2 uses a Proof of Stake algorithm for transmitting the blockchain. By staking your NLC2 Coins you become a node on the network that transmits the blockchain and you get 4% extra coins per year as your reward. Here I discuss what is staking, why you should stake your NLC2 coins, how to stake your coins, staking time, backups, the No Limit Coin wallet files location and more.

nolimitcoin.org | cryptofantasysports.com | nocostfantasysports.com

Download the NLC2 Wallet here:
http://www.nolimitcoin.org/#wallet

Join the NLC2 Slack Group here:
http://bit.ly/2tdXQCC

View the Tutorial Text Slides here:
https://goo.gl/TXz2h3

Big thanks to Burgerhodl - aka - Anthony for recording!

Official NLC channels:
https://twitter.com/nolimitcoin
https://www.youtube.com/channel/UCqVZBAcPp4NH8G0r0uwwemA
https://facebook.com/nolimitcoin/
https://ong.social/NLC2
https://steemit.com/@nlc2

Official NLC fantasy channels:
https://www.instagram.com/nolimitfantasy/
https://twitter.com/nlfsgamer

Sort:  

Congratulations @nlc2! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You published your First Post
You got a First Vote

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

@nlc2 I recommend that you enter https://wcex.co/?ref=urq1g3D you will get 50 free WCX Tokens and 15% if you want to invest, this currency is now in the PRE-ICO stage and is the best time to invest!

Don't promote links on steemit which don't have nothing to do with the posters subject. This is a bad idea.

Congratulations @nlc2! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

What about power consumption form always having a machine running, is it worth the 4% return?
And is there a whitepaper on things like expected amount of ingress and egress network traffic, CPU utilization, per month etc to run the wallet on a Windows computer? (Thinking about running this as a free VM in the cloud).

I'm having trouble syncing wallet. It is unlocked but says no active connection, wallet is offline. Any ideas on how to get it to connect. I installed wallet 2 days ago and still no luck. I checked my firewall and it looks like this program is allowed. Thanks, Bryan

hi i just did mine yesterday, it has no connection for a while, and then a fourth symbol appear and says downloading and with progress shown, and it will take hours because a lot to download for the first time. Maybe you need to unlock wallet first with your phrases

Congratulations @nlc2! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You got your First payout

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.029
BTC 76408.37
ETH 2936.47
USDT 1.00
SBD 2.63