Lazy mans guide: Staking your Decred (DCR).

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decred·@rouse·8 years ago

0.000 HBD

Lazy mans guide: Staking your Decred (DCR).

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<h1>Are you one of those people who does not know shit about the command lines; or know just a little, but can not be arsed to learn more? :P</h1>
<h1>Me too...</h1>
<p><img src="https://preview.ibb.co/bPyexa/donut.jpg" width="640" height="569"/></p>
<h1>Do you know the concept behind PoS staking?</h1>
<h3>Lock up money -----&gt; wait... -----&gt; Receive money back + interests</h3>
<p>Simple. Right?</p>
<p><strong>Check how much you can earn staking DCR</strong><a href="http://www.posmaster.info"><strong> http://www.posmaster.info</strong></a></p>
<p><img src="https://image.ibb.co/jD1A3F/Captura_de_pantalla_2017_06_09_a_las_13_36_31.png" width="540" height="100"/></p>
<h1>Are you one of those lazy people who do not want lengthy guides explaining all details?</h1>
<h1>Me too...</h1>
<h1>Then this guide is for you!&nbsp;</h1>
<h1>The lazy man´s guide to staking DCR:</h1>
<ol>
  <li>Download the nice and new GUI wallet "<a href="https://forum.decred.org/threads/dd-23-v1-0-3-06-09-17.5414/">Decrediton (OSx) or Paymetheus (Windows)</a>". Was released today!</li>
  <li>I am lazy. All lazy people use OSx. Therefore this guide is about Decrediton!</li>
  <li>Install it and generate a wallet. While you are syncing the blockchain; you need to find a stakepool.</li>
  <li><a href="https://docs.decred.org/mining/proof-of-stake/#list-of-stakepools">Stakepools are found here </a>. Register on one of those pools and find your API key. Copy it.</li>
</ol>
<p><strong>Now we need to purchase tickets.</strong></p>
<ol>
  <li>Go to Decrediton and switch to the "Purchase tickets" tab.</li>
  <li>Select your pool and paste your API-key in there.</li>
  <li>Now your stakepool is connected to your Decrediton wallet!</li>
</ol>
<p>Then you will see the ticket price: It changes sometimes. Don´t worry. You get everything back.</p>
<p><img src="https://preview.ibb.co/dYjV3F/Captura_de_pantalla_2017_06_09_a_las_13_36_05.png" width="640" height="194"/></p>
<p>More statistics about ticket price and DCR in general: <a href="https://dcrstats.com">https://dcrstats.com</a></p>
<ol>
  <li>Default <strong>"Ticket Fee"</strong> is 0.01 DCR/kb. If you want to pay more and have more probability to get a mature ticket, then adjust this up.</li>
  <li>Choose your number of tickets: and click "Purchase".</li>
</ol>
<p><img src="https://preview.ibb.co/kTsuVv/Captura_de_pantalla_2017_06_09_a_las_13_35_50.png" width="640" height="261"/></p>
<h1>Wow! That was fast. You finally staked your DCR!</h1>
<p>Now, if you want to see the transaction and the amount staked, you must go to your Stake pool, and check your ticket.</p>
<p>Or use Decrediton (go to History) to see the latest transaction and lookup the transaction ID on: https://mainnet.decred.org</p>
<p>The DCRs are now locked up for an average of 1 month, but it can be half a year.</p>
<h1>If you want to vote with your ticket; just click on "Vote Settings". Simple!</h1>
<p>Wait... Vote?</p>
<h3>Yes. Decred gives the power of voting to their token holders as well as the miners. It is more democratic than Bitcoin and Litecoin, and any other coin out there. Duh!</h3>
<p><br></p>
<p><img src="https://preview.ibb.co/bJUxiF/Captura_de_pantalla_2017_06_09_a_las_13_36_45.png" width="640" height="269"/></p>
<p>Check voting status here: <a href="https://voting.decred.org">https://voting.decred.org</a></p>
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