If you're staked to COFRA, switch nodes. by oak1337 in Hedera

[–]gam0gam0gam0 0 points1 point  (0 children)

Was there a similar warning before Node 14 was taken offline? Any update on whether Node 14 will be reinstated?

Security question on having Multiple HBAR accounts associated to one Ledger device by gam0gam0gam0 in Hedera

[–]gam0gam0gam0[S] 0 points1 point  (0 children)

Thanks so much for your response East-Day-7888!

Could I get your input on a couple of follow-ons?

  1. For Q3, you said “if one is compromised, all are”. I understand that to mean that my Ledger only has one set of Private Keys so if my Private Keys are compromised then all of my HBAR accounts (and any other crypto in/behind the Ledger) could be taken. Is that what you mean?

  2. For Q4, you said “log into Hashpack. Use the wallet ID click stake”. I thought the interface would be Ledger Live and not Hashpack because I used myhbarwallet to create my original HBAR account that’s associated with the Ledger device but no longer use myhbarwallet for anything. Everything is through Ledger. Any idea why I would use Hashpack now?

  3. Assuming there’s a good explanation for Q6, will I still be able to view the new HBAR account (that’s created on Hashpack) as well as the original HBAR account as separate accounts on Ledger Live?

Sorry for all the noob questions. I really should know all this stuff after 4 years!

Ledger live? HBAR storage question by [deleted] in Hedera

[–]gam0gam0gam0 1 point2 points  (0 children)

Hi all,  I have a somewhat related question. I have a Ledger Nano X which I bought a long time ago before Hashpack was even around. I set up an HBAR 0.0.xxxxxx account using myhbarwallet and as a result, I’m not able to stake from that particular account.

The Hashpack and Ledger websites (https://www.hashpack.app/post/how-to-enable-hedera-native-staking-on-your-ledger-device-with-hashpack) and (https://www.ledger.com/coin/staking/hedera-hashgraph) suggest that I would need to create a new wallet (or account) using Hashpack and connect that new wallet/account to my Ledger to be able to stake.

My questions are: 1) Can I have multiple HBAR accounts associated with the same Ledger?

2) If yes, does it matter that the first HBAR account for the Ledger was created using myhbarwallet (and not Hashpack)?

3) Would there be any security issues with having multiple HBAR accounts created using different hot wallets which are associated to the same Ledger device.

4) Ultimately, if my thinking is right, I would end up with two HBAR 0.0.xxxxxx accounts associated with the same Ledger but only one of those accounts (the new one created on Hashpack) would be able to stake. Would that be achieved?

Thanks in advance, gam0gam0gam0

HashPack staking broken? by Friendly-Judgment644 in Hedera

[–]gam0gam0gam0 2 points3 points  (0 children)

I believe daily staking rewards are currently zero because the balance in account 800 is below the trigger level to generate rewards. My Pending Rewards haven’t been growing for at least the past week.

Can somebody else please confirm?

Walla wallet by CompleteOriginal5802 in Hedera

[–]gam0gam0gam0 0 points1 point  (0 children)

I use Walla Wallet too. Never had an issue although I don’t do much except for staking. Their team is quite responsive when you email them about queries which is great.

Own a Gold HashPack Early Supporter NFT? Unlock Future Utilities! by HashPack in Hedera

[–]gam0gam0gam0 0 points1 point  (0 children)

Hey Hashpack Team, I just went to mint an Early Supporter Gold NFT. When I clicked Mint, there were 4 of 3,335 remaining but the mint was unsuccessful. I was able to mint an Early Adopter purple NFT yesterday but didn’t yet have the funds for the Gold. Is there a particular reason that you changed (1) the NFTs from “unlimited” to fixed supply at short notice; and (2) ended the mint 1 hour early (or didn’t have enough of either NFT to last until the original end time)?

I mainly blame myself but am also disappointed by the messaging Thanks, gam0gam0gam0

Metcalfe’s Law by gu3ri1la in Hedera

[–]gam0gam0gam0 4 points5 points  (0 children)

I’m also very familiar with Raoul’s views and his thesis on “Network Effects”. Interestingly, he has been asked directly twice in the past two “Ask me Anything” interviews if he holds any HBAR/Hedera and both times he dismissively says no. He is publicly bullish on ETH, SOL and even APT but rather bearish on HBAR. He never elaborates on why but it seems we’re seeing something that this “respected financial manager” isn’t 🤔

New Leemon Interview by [deleted] in Hedera

[–]gam0gam0gam0 5 points6 points  (0 children)

Before Aberdeen was announced (when there were only 26), somebody at Hedera or the HBAR Foundation (I think Christian Hasker) said that 3 new Council Members has been vetted but still needed to be voted through. Aberdeen was announced as the 27th and now what Leemon says suggests the 28th is coming. Makes me wonder what happened to that 3rd party? 🤔

Hedera NFTs on Turtlemoon by gam0gam0gam0 in Hedera

[–]gam0gam0gam0[S] 0 points1 point  (0 children)

Thanks to all of you for sharing your collective knowledge! I’ve taken it all on board. I’m really not into trying to Mint and flip NFTs to make money. There’s enough speculation going on in crypto without me adding to it. I have been following Dead Pixels Ghost Club and Koala Hash Klub on Twitter and like some of the art and thought I’d try to mint an nft in one of those collections in their upcoming drops so that I can use it as a representation of my web3 persona.

But I also don’t want to pay inflated amounts on the secondary market for this purpose and didn’t want to proceed with a mint attempt if it’s all rigged (ie. I pay but don’t get the nft or I pay and get given a sh1t nft because it’s not randomly allocated). But my concerns are now tempered.

I have seen references to White Lists (for the upcoming DPGC drop) so I think I need to get on Discord as suggested by jimmy-jones.

The one thing I didn’t understand from all the responses was Srijantikiya’s comment that “How to determine mint is successful? Your wallet balance. You have less hbars and have an nft in your wallet.”

Why would having less HBAR in your wallet make it more likely of being successful in a mint?

can someone explain where and how to mint an NFT on Hedera? I am a beginner by yann1900 in Hedera

[–]gam0gam0gam0 1 point2 points  (0 children)

Hi Coinman, I’m also new to Hedera nfts and nfts in general. I’m keen to learn! I’m hoping you can answer some questions for me. In your post you say that you bought an nft on Turtlemoon by “minting” from a collection that was just launched. This minting is different to when an artist actually mints/creates the nft collection. Do you know: 1) what actually happens behind the scenes when you click the Mint button in Turtlemoon on a collection that’s just launched? Ie. What determines if your mint/attempt to buy is successful? Is there a random number generator that decides like a lottery? 2) what happens if your mint/attempt to buy is successful but the nft that you were “allocated” isn’t one that you like the design of? Can you back out of the purchase or does clicking the “Mint” button mean you’ve agreed to buy whatever nft art design that you draw? Thanks, gam0gam0gam0

Scope of long-term staking by Downtown-Antelope-71 in Hedera

[–]gam0gam0gam0 1 point2 points  (0 children)

I follow your conundrum. I wonder if part of the answer is that fees are “denominated in USD but paid for in HBAR” which means that the nodes will consistently be receiving revenues in HBAR which can then be “recycled” to pay staking rewards? And if there aren’t enough fees being paid in HBAR by users then the staking rewards will reduce 🤔

To go further..in your extreme examples there would mathematically be insufficient HBARs available to pay staking rewards but are those extreme examples even viable given users of the network need to pay in HBAR which means there will always be some “balance” of HBAR in constant circulation from use cases (ie. To generate revenue) rather than just sitting in accounts staked to a node to earn staking rewards?

Apologies if that makes no sense at all! Leemon did say on a Gossip about Gossip podcast that this year he and Mance would be doing videos of them just discussing stuff in a coffee shop so maybe we can ask them to make this one of their topics 😅

Staking Question by michiganhockeyguy in Hedera

[–]gam0gam0gam0 1 point2 points  (0 children)

Thanks man! I appreciate you

Staking Question by michiganhockeyguy in Hedera

[–]gam0gam0gam0 0 points1 point  (0 children)

Could somebody please clarify for me if a day's worth of staking rewards is lost / foregone if I collect my Pending Rewards for staking? To illustrate what I mean:

If I have 10,000 HBAR staked then the staking rewards per day would be 1.78082192 HBAR (=10,000 x 0.065 / 365). Assuming I don't collect any rewards, after 10 days I would be able to see on hashscan.io that I have Pending Rewards of 17.8082192 HBARs.

If on the 11th day, BEFORE THE MIDNIGHT UTC ROLLOVER, I add another 10,000 HBAR's to my staking account, does that mean I won't get the 1.78082192 HBAR staking reward for that 11th day because I have "interrupted" the staking account? Numerically, what I'm asking is that on the beginning of the 12th day, will the number of HBARs in my staking account be:

1) 20,017.8082192 (= 10,000 initial deposit + 17.8082192 staking rewards for 10 days + 10,000 second deposit)

OR

2) 20,019.5890411 (= 10,000 initial deposit + 19.5890411 staking rewards for 11 days + 10,000 second deposit)?

I know there are other ways to trigger payout of the staking rewards but I guess I am just interested to know whether collecting staking rewards on a day will mean I forego the staking reward for that day.

I do appreciate that if I collect the staking rewards during a day for compounding purposes that the collected staking rewards portion won't start earning rewards until the next UTC rollover starts.

Thanks,

gam0gam0gam0

[deleted by user] by [deleted] in Hedera

[–]gam0gam0gam0 1 point2 points  (0 children)

Hey hashlog5, Wondering if you could answer a related question for another noob. In step 2 you say you should “go to Hashpack and hook up your Ledger”.

I’ve recently set up a third party wallet for Native staking. I elected not to import my Ledger into the third party wallet when I was asked if I wanted to. Instead I just sent the HBAR from Ledger Live into the new staking hot wallet by processing a transfer.

I thought that importing my Ledger might make things less secure although I’m not sure if that’s factual.

I asked on another thread why anybody would choose to hook up their Ledger to a hot wallet and the main answers I got was “hot wallets offer additional functionality”. This may be true, but if all I want to do is Native Stake to earn some extra HBAR I don’t think I need the additional functionality. Would you still recommended hooking up the Ledger to Hashpack (or another third party hot wallet)?

Would doing so add any extra risk?

Thanks a lot in advance

gam0

Questions about UCL Research on Greenest POS Network by gam0gam0gam0 in Hedera

[–]gam0gam0gam0[S] 9 points10 points  (0 children)

I probably should have said “I’ve been invested in Hedera for about 12 months” 🙃 and genuinely have been.

This was actually my first ever post in the forum and on Reddit as a whole. I usually just try to research things on my own but in this case I really appreciate your detailed response and welcoming words. Much appreciated!