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Posts Tagged ‘Fuelcoin’

Online Cloud Staking Platform for PoS Crypto Coins

29, Jan 2016

staisybit-1

One of the main issues for users that are into altcoins are coins switching to PoS (Proof of Stake) or supporting both PoW (Proof of Work) and PoS (Proof of Stake) is that they need to run multiple wallets all the time usually with very low interest rate to keep them motivated. Of course the idea of PoS is to keep the network operational and with multiple nodes by stimulating users with rewards to keep their wallets running all the time, but this rarely happens as planned. This is precisely why the user interest usually drops in coins once they go to PoS pretty quick, but there is an interesting solution that might help users not loose interest in PoS coins and avoid the inconvenience of running multiple coin wallets all the time. Staisybit is an online wallet for multiple crypto coins that allows users to keep their coins stored in it and have them staked, earning rewards based on the interest rate that each coin has with very low fees. This will save you the trouble of running multiple wallets that can be heavy on the computer they are installed and require a lot of resources, especially if they are more than just a few coins. The drawback will be a smaller number of users running the wallet and supporting the network of the specific coins as the service runs a single wallet per coin with multiple users, but then again it is also about the convenience of the users.

staisybit-2

Staisybit has been available for a while apparently, but it is not very well known among users apparently and is not very popular, even though it provides interesting service and is easy to use and works well. Currently the service has support for 13 different coins with PoS, they are: Bitz (BITZ), Blackcoin (BLK), Diamond (DMD), Energycoin (ENRG), Europecoin (ERC), Fuelcoin (FUEL), Noblecoin (NOBL), OKCash (OK), Shadowcoin (SDC), Sterlingcoin (SLG), Vericoin (VRC), CoinMagi (XMG) and Quotient (XQN). Once you register (set a secure password with small and big caps and numbers) you need to Open Wallet for the supported coin you like and send in some coins in order for the staking to start. The service can use a bit of polishing and needs some more information and details such as info on all supported coins as some of them might not be familiar to many users etc, but is still quite good and might be useful to some users.

– If you are interested in checking out the cloud staking online wallet service…

FuelCoin (FUEL) X11-based alternative cryptocoin

29, Jun 2014

fuelcoin-logo

FuelCoin (FUEL) is a new alternate currency aimed at providing a stabilizing store of value and unit of exchange while simultaneously spreading awareness of virtual currencies to the general public and educating them via a grassroots campaign we call “The Matrix.” FuelCoin can be used to buy any product or service that accepts it. Along with Trading, donating to charity, transferring funds domestically and internationally. FUEL is already mined completely, so no PoW mining is available, but you can stake any coins you own thanks to the PoS with 2% annual interest rate.

Website:
– http://fuelcrypto.com/

Block Explorer:
– https://www.blockexperts.com/fc2

Coin Specifications

  • X11 Algorithm, PoS only coin
  • Total Coins: 100 Million FUEL
  • Fully premined for re-distribution
  • Annual Interest Stake: 2% for PoS

Wallet:
– Windows

Source Code:
– at GitHub

Mining Pools:
No mining available, fully mined at launch and now PoS only coin.

Coin Exchanges:
– Bittrex
– Bleutrade


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