No Limit Coin NLC2 - Wallet Staking Tutorial

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

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@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.

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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

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