The Peercoin Team is proud to announce our partnership with StakeBox. StakeBox is a brand by Pi Supply, which is a world leading distributor of Raspberry Pi mini computers. For the past 3 months, we have been working together to develop a secure Staking Box for minting your peercoins.
Peercoin payments are accepted. The Peercoin StakeBox is available for pre-order at the link below…
Our partnership will come with a number of benefits.
The Peercoin StakeBox will receive dedicated advertising and marketing from Pi Supply.
Pi Supply will pass a fraction of the profits for every device sold to the Peercoin Foundation, which will help fund further development of the Peercoin ecosystem.
The Peercoin Team will be able to pass updates to Pi Supply’s repository, allowing for automated updates of all StakeBox devices. No more complicated manual updating to worry about.
Most of all, this partnership will help to create more Peercoin nodes around the world, helping to further decentralize the network and increase security.
The Peercoin network is secured through an efficient validation process called proof of stake minting. Minters hold peercoins in their wallets and over time they produce new blocks for the network, which earns them new peercoins.
The Peercoin StakeBox runs on a Raspberry Pi 3, allowing you to participate in the minting process 24 hours a day, 7 days a week at minimal energy cost. Just load it with peercoins and let it sit and mint for you in the background.
Portable & Secure
The Peercoin StakeBox is small and compact, making it easy to move. Minting on a dedicated StakeBox rather than your everyday computer also means you are less exposed to viruses and hackers, increasing the security of your peercoins.
What is Peercoin?
Peercoin is the world’s first efficient and sustainable blockchain technology. The core function of Peercoin is providing a decentralized and censorship resistant public blockchain for the world to use. Peercoin acts as a secure base layer for the future blockchain connected world.
Pioneer of Proof of Stake
Released in 2012, Peercoin was the first cryptocurrency to invent and introduce proof of stake consensus to the world.
Distributed Store of Value
The Peercoin blockchain is designed for storing your wealth in decentralized form where it’s secure from external threats.
Direct User Governance
Coin holders have the power to directly influence the network and its rules through PoS minting, ensuring decentralization.
Cost Efficient Security
Peercoin provides an energy efficient network that is secured at low cost, ensuring long-term security & sustainability.
In the File/Folder Browser on the stakebox(raspberry pi/Linux).
You Navigate to the “home” folder
Then double click on “Pi”
Then press ctrl + h (control button plus h button).
This will then display the peercoin directory, inside is the wallet.dat file, got that sorted out.
As for staking, I’ve just encrypted the wallet file.
What does the lock/unlock button do?
Whether its locked or not I have to enter the passcode to send coins, im okay with that, so it has to be unlocked for minting?
And how about the stakebox? I’ve got it connected to a TV, IF I have the peercoin client open and unlocked, If I remove my usb receiver for my keyboard and mouse, will the box stay open for minting? Is it a problem if the system goes into a standby mode?