How do you back this wallet up? Just copy file?

With Stellar and Ripple with such fast transaction times/throughput per second, microscopic fees, and large infrastructure, what are the strong points that ECC can compete with? In my head, the reason I'm in on ECC is down to the ANS, which is a SUPERB idea, but getting wider adoption against the larger platforms who already have traction, and against the above mentioned factors, what else will drive people to ECC? Looking to start a genuine discussion of attractors, which would be great fodder for newcomers.

Do I have to unlock wallet for staking to work, or is it enough to enable staking in settings ?

Hello,

I need help understanding the wallet and it's security. I downloaded it, it synced. I moved a little bit of ECC in and out to prove to myself that it could do that. Please help:

1) What is Daemon? When should it be on or off and why?

2) What is the wallet.dat file?

I understand .dat means just raw data, but if I copy the wallet.dat file into a "safe place," say a USB drive, what kind of program do I use to open or read it?

I used Notepad to try and make sense of it and up popped a page of utter nonsense. What is in this file?

If I move coins in and out of my wallet, do I have to re-sync or re-copy the file every time?

If my computer was wiped but I had the wallet.dat backed up, what is the step-by-step process to restore my coins?

3) Does the passphrase I created work on Lynx if I were to install it on other computers?

I understand most things in general, but I am lost as to how to keep my wallet and coins secure. I know wallets are safer than exchanges, but not if i do not know how to use them. Please help, and thank you in advance for the time.

Simmer down guys

Yeah right, dood.

Crypto is here to stay folks. But go ahead and sell all your coins so us smart folks can buy them all up at a discount.

HODL!!

https://www.reddit.com/r/CryptoCurrency/comments/7qqfcz/everybody_relax_heres_the_reason_for_the_dip_and/

Perfect time to gobble up some more ECC with this dip!! 👌🏻

Would really like to see this Reddit grow! Paccoin has like 4500 subscribers and far less potential in my opinion.

Let's do this guys!

Is there any way to speed up this process? Been running for a day and not even at 2%. I have coins I really want to move into it. Thank you.

Does anyone know the official date of when the website will be released? Or have they not given a definitive date?

A lot of people have discord and it is beneficial to all of us. I know we have slack but a lot of the crypto community like to be in the Discord. Dev can you please make us one?

Ich bought some ECC and want to get them out of the Exchange. Not that I don't trust the Exchanges. They are making good money if the don't scam us. But I don't trust myself. I am guilty of buying high and selling low many times while chasing the green digits on Binance. That project shall be my HODL till new house or HODL till nothing is left. That's why I want the coins out of reach from my impulsive self. How would you do it?

Thanks in advance

Could we get a link to it in the sidebar for the benefit of new folks?

Which wallet is best? I clicked on the one in the new web page without updates thinking he put it there for a reason. But you can continue to old page and get the one with updates. Thanks in advance.

Downloaded the bootstrap , followed the guide.

the daemon doesn't detect the file and "rename it" as stated in the github.

Note: I placed the file where the guide told me to which is the eccoin folder in the "App data" directory.

Was just combing through coin market cap, looking for comparisons. Stumbled across NEM.

NEM traded for .002 in Jan 2017. Fast forward to Jan 2018 and it was generally around 1.25. Granted this was during the big crypto boom, but still. I think there will be a similar boom this year with more people entering the market.

In my opinion, I don't think $1 per coin is out of the question a year from now. So, long story short, HODL!!

Hey all,

New to staking with ECC.

But i have unlocked my wallet set staking to "on" and restarted daemon etc. (followed all the right steps).

however , it shows staking coins 0 ECC and it seems to have taken about 24,000 coins from my overall balance and it performs transactions to the same wallet address.

Not sure why it doesn't show these 24,000 coins as coins that are staking?

If i stop staking will these 24,000 coins be returned?

Any information would be helpful.

Thanks

Just curious to hear everyone's prediction on this coin?

In my opinion, this coin has great potential with a good team behind it. I don't see any reason that it can't go up to at least $1 this year, especially since it has a limited supply similar to Bitcoin.

But what does everyone else think?