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Stamford
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96 Review
2 Karma

Review on Rubies by Mario Panda

Revainrating 5 out of 5

Staking is music to my ears, strong healthy blockchain early on is essential…

Staking is music to my ears, strong healthy blockchain early on is essential as Rubies grows we want faster confirms and it keeps things more secure. I agree with the Blackjack suggestion, lets see what we can do about that
Just check last pages of this thread ( it is also written in this very same page) and you will read , around ten times or even more, that rubies withdrawals are under mantainance and we will be updated here once they will be working again.
When the rubies are already in your wallet and you've unlocked the staking. There is will be an up arrow in green circle at bottom of the wallet. It will show you the weight and a ETA when you'll get the reward.



Pros
  • Really the amount of Wagered stats is mouth watering for anyone who has just started their businessI am sure coin is going to become a huge success in long runIts nice you are also giving opportunity to new start ups. sent a PM In any altcoin usually big news helps price a large business adoption should spike the price. It was announced months ago now so I really have no clue if it will now but maybe. It's funny cuz very few coins have what rubies does and yet it's value isn't reflected in its price.
Cons
  • 1. million coins will be moved from the cold storage address to accommodate March Madness distribution, this will be occurring within 1-2 hours for those who watch the blockchain. A portion of these coins are dedicated to stakeholders who are buying into the Rubies stakeholder plan as well. Do not be alarmed by this movement, it is factored into the planned events. well tbh, and i don't mean to be rude , you should prob look up how the PoS system works , as theres no exact answer to that question, ever. p (or rather the answer changes every block movement )it depends on many factors, including, but not limited to, the amount of coins you stake, the network weight, and well thats about it on this, Rubies has in my understanding a basic, stable, PosV1 at 5% a year system. your coins will stake at 5% of totalXweight/network difficulty (you will get 5% of whatever u have a year, but dependent on netweight)interestingly enough, the net-weight swings from 75k-2. mil currentlyso until a bit more time passes and the weight averages out it's even harder to answer your question exactly! haha ;psorry ;p answered the best i could, it's just how Pos works, especially early in a coins life cycle course betterbets or anyone feel free to correct or elaborate on this if i misunderstood anything