* New! Latest stable version of OK wallet v7-SpaceMonkey *

[Solved] Encript wallet while staking

Started by billy, May 06, 2017, 04:10:28 AM

Previous topic - Next topic

billy

Hello world ;)

proudly staking with rspi 3 & rokos v8 I have a (stupid) question, It is compatible encript the wallet while staking?, and what happens if I need to transfer coins while staking? I know I can make a coin reserve but what happens if I don't do that?

thanks and have a nice weekend

OKupdates

Quote from: billy on May 06, 2017, 04:10:28 AM
Hello world ;)

proudly staking with rspi 3 & rokos v8 I have a (stupid) question, It is compatible encript the wallet while staking?, and what happens if I need to transfer coins while staking? I know I can make a coin reserve but what happens if I don't do that?

thanks and have a nice weekend

Hi, welcome to the forums

Yes, that is correct, you can encrypt your wallet and "unlock only for staking" so in case of any transfer it will ask for the passphrase

and yes, coins go in and out of stake, so the probability is that you have coins available for spend most of the time, else you can use the reserve balance with no problems.  8)
Okcash is self sustainable and is fully supported by voluntaries (Just like Bitcoin)

billy

Thank you so much, let's see what happens ;D