Syncing wallets and staking ENRG
Posted by Anne-Marie Pronk in News | 0 comments
How to sync QT wallet in few hours
We’ve created a guide how you can manually sync the QT wallet in a few hours with really easy steps, because autosync takes from a few hours up to a few days . We’ve posted a guide created by our Devs.
QT wallet win64 version
Since we are getting listed on a new exchange, we are creating a new and upgraded version of the QT wallet. Difference between Win32 and Win64 is size of pointers. In Win64, the size of the pointers is 64 bits; and in Win32, it is 32 bits.
How to stake ENRG?
A little reminder what kind of coin is ENRG. Everyone can mine their own EnergyCoin as long as they are holders of some. EnergyCoin is a Proof of Stake (PoS) type of coin. This means that your mining power depends on how much ENRG you hold.
Note: There are few other ways of mining, and most popular is Proof of Work (PoW) which means that your mining depends on that how strong is your CPU/GPU and it doesn’t matter how many of the assets you hold.
EnergyCoin webwallet is up and running
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EnergyCoin webwallet is up and running
The EnergyCoin webwallet is up and running now. As you know, we had a technical issue with it during the weekend. The issue is fixed and our technical team is monitoring the webwallet state.
Note that some features, like Exchange and Betting, are not functional.
Don’t forget to save your private key
This part is important, because of that you can secure your funds and recover them at any time.
How to get your private key on webwallet
- After login on webwallet go on section “My Balances”;
- Next to your address is button “address actions” which you have to click to see available actions;
- Click “Show private key” and get it;
Make sure to keep it safe and not share with anyone, because that is the only access to your address, while your address is public.
Crex24 expected listing date
Since initial communication with Crex24 was on 25th-Oct-2018, EnergyCoin is expected to be listed not later than 6-Nov-2018.
Listing on a new exchange
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We were working hard to list EnergyCoin on a new exchange so ENRG is tradeable and we have some news.
- crex24.com has accepted our application to list ENRG today,
- We are expecting to be up and running on crex24.com in 5 to 12 days,
- We are in process of listing ENRG to one more exchange.
We will come back to you with more updates soon; stay tuned!
Why Crex24?
Crex24 is a smaller exchange than Bittrex, but it works just as fine for us in this situation. We were looking for a quick and financial acceptable solution. So far we had a good communication with the Crex24 team, and we expect that to continue for the benefit of EnergyCoin holders.
This update was also published on Medium.
ENRG going to new exchanges & Green Blockchain App is being released soon
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The EnergyCoin (ENRG) blockchain labels the value of sustainable development. Within ENRG ecosystem these values can be seamlessly exchanged to speed up the transition to a green, climate neutral society. People should be empowered to authenticate and transact the value of local climate sustainable action immediately and without costly intermediaries.
Bittrex ENRG-BTC market is closing
As you may already know, Bittrex has announced that ENRG-BTC market would be removed on 26-Oct-2018 (at the end of this week). One of the main reasons for delisting ENRG-BTC market is a low trading volume. By the Bittrex Market Removal Policy users has 14 days to withdraw any delisted tokens, but in certain instances the withdrawal period may be shortened. Users should withdraw any ENRG before the Bittrex posted withdrawal deadline. We will update you in regards to the official Bittrex ENRG withdrawal deadline.
ENRG going to new exchanges
Bittrex has been the only exchange where ENRG was traded. To avoid ending up this situation ever again, we are in process of listing ENRG on minimum two new exchanges, which are less demanding than Bittrex at this moment. We are trying our best to ensure that ENRG could be traded on at least on one exchange not later than the end of this week, so ENRG trading activities are not interrupted. We will keep you updated about the new ENRG listings on a daily base.
A long waited Green Blockchain App is being released soon
Since August this year the EnergyCoin has a fully dedicated development team that is working on several projects at the moment with the most important one being the EnergyCoin dashboard — an instrument were people can exchange the value of their local climate actions. The EnergyCoin Foundation want to empower people to authenticate and transact the value of local sustainable actions immediately and without costly intermediaries. More about the general idea about the EnergyCoin ecosystem can be found here. We expect the first beta release to happen in mid-November this year. At the moment we are designing a solution on how to connect with the Ring-ring app that incentivizes people on their bicycle mileage. The idea is to increase bicycle use over fossil-fuel-burning vehicles and reward clean and green pedal power. Cyclists earn the value of the avoided (carbon) emissions, and the air in cities becomes cleaner.
What to do with ENRG funds on Bittrex
You should migrate off ENRG funds of Bittrex by sending coins to any of the following wallets:
- EnergyCoin Core Client (download from here),
- EC Lite web wallet
- New ENRG exchanges to be announced (note: we do not advise keeping coins on exchanges for extended periods of time)
EC Lite
EC Lite is an EnergyCoin web wallet hosted at energyexchange.eu. It is simple to use by using 12 word passphrase that you get during registration. To make it even more user friendly, a secret URL and password could be used.
In summary
We have started with regular ECF official reports, this one being the first one. We are in process of listing ENRG on minimum two new exchanges to ensure that ENRG trading activities are not interrupted due to Bittrex closing ENRG-BTC market. EnergyCoin development team is on the roll and many exciting new features are planned to be shipped starting mid-November this year.
Stay tuned!
This update was also published on Medium.
