So recently I have been seeing a lot of questions relating to the EOS blockchain and which wallet offers solution to this?
I staked my EOS and unable to unstake, I keep getting error
I forgot my password
I need a wallet that is able to access this Dapp
How to create an EOS account
These are some of the daily questions I do meet here and there and if you have any other, please leave a comment behind and I will be sure to answer it to best of my knowledge. That said, let's take a look at the solutions or answers to the above.
To do this, we will be needing TokenPocket wallet which can be easily downloaded from https://www.tokenpocket.pro/ and yes TokenPocket supports IOS and Android devices respectively.
Staking as to do with locking up your coins over a brief period of time usually to get a form of incentives, probably share a reward from that coin pool, or to perform on-chain transactions for cases like steem, hive, and others.
EOS supports staking as well, this allows you to perform on-chain activities and also generates a certain form of incentives as well.
Unstaking as to do with unlocking this frozen coin in other to make them accessible once again and most times it requires you leaving behind some of the coins so that the transaction will be confirmed, while this might not be considered fair. Over the years, different solutions have been provided to this, solutions that allow EOS users to unstake their entire asset at any moment in time, and one of such feature is TokenPocket forget CPU and Net feature.
When this feature is activated, the user is able to perform an on-chain activity like Unstaking of the staked coin, sending out tokens and any other function that requires NET and CPU and the best part, it cost quite a little.
Getting started
Download TokenPocket wallet if you don't have it installed before now
Import the account containing the staked asset
On the asset page, click on the lightning-like icon
The forget cpu&net can be located here, for steps on how to work this, pls read this article https://medium.com/tokenpocketofficial/tips-for-wallet-forget-mode-and-all-you-need-to-know-about-it-27765b17829e
When it comes to security, the blockchain offers a good solution and this is achieved using a private key or in most cases mnemonic phrase words.
Storing your crypto asset in an exchange is good but like most banks, it is not yours and your account can be temporarily suspended from withdrawing or depositing and that's what wallet offers.
TokenPocket is a noncustodial wallet which simply means users have full access to their account at all time and in cases where passwords are misplaced, they can easily import/restore that account to its former.
This is definitely one of my best feature currently available on the blockchain, Decentralized application.
The EOS blockchain since it launched, has seen several Dapps been built on its network which offers various types of use case.
TokenPocket offers a direct link between your EOS account and such Dapp, in other words TokenPocket is not just a cryptocurrency wallet but also a Dapp browser.
This can be achieved when you click on discover menu from asset page, feel free to play with the Dapps available and if you ever need help, you can always seek for guidance on TokenPocket telegram or Twitter channel
The EOS blockchain, unlike BTC and eth, account creation is not free as it requires you having certain amount of resources to make such account active. This can be created with the use of different types of service.
TokenPocket offers more than 2 different process when it comes to account creation on the EOS blockchain which can be easily carried out in a DIY format.
These are some of the issues relating to the EOS blockchain and if you have others, please leave a comment below
Don't forget to follow TokenPocket on Twitter
Till some other time, stay safe.