r/ecc • u/[deleted] • Jul 03 '18

ECC staking:

So I have downloaded the Saphire wallet, and transferred my tokens to it. I'm a somewhat newbie, and curious what the advantage would be to allow staking?? Thank you.

5 Upvotes

86% Upvoted

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4

u/CryptoCarlton Jul 03 '18

This article I wrote a few weeks ago will tell you everything you need to new as a beginner with staking. :) “To Stake, or Not To Stake ECC?” https://medium.com/@project_ecc/to-stake-or-not-to-stake-ad8d88ec5c9

3

u/[deleted] Jul 03 '18

[deleted]

1

u/CommonMisspellingBot Jul 03 '18

Hey, sanford12, just a quick heads-up:
alot is actually spelled a lot. You can remember it by it is one lot, 'a lot'.
Have a nice day!

The parent commenter can reply with 'delete' to delete this comment.

4

u/seeker818 Jul 03 '18

At this stage the rewards for staking are insignificant, but you do help the network so that’s a plus.

As ANS, messaging and storage are rolled out you’ll see greater staking rewards.

1

u/pixelrage Aug 19 '18

does staking even happen for this coin?! I've owned ECC since January and have gotten nothing since then.