Resources

Welcome to the resource section of the Cold Stake website.

Here you will find a collection of useful resources to guide you through the leasing process of our LPoS Service.

These step-by-step video tutorials will show you how to create and cancel LPoS contracts using the NIX Platform’s UI & QT wallets.

Are my coins safe while I lease them to you?

Yes. You retain full coin ownership when you stake. Your coins never leave your wallet and your private key is never shared.

How reliable is your service?

At Cold stake we utilise the latest-gen Intel CPU architecture with SSD storage, to achieve the highest possible uptime. Our average uptime is 99.9999% with minimal downtime to update wallets and resync the blockchain if required. We also operate multiple servers in different geographic locations to ensure that our LPoS service is active 24/7.

Can I use ‘G’ address for LPoS leasing?

No. G addresses are reserved just for Gostnodes. So, they are not eligible for cold staking\leasing.

What are the differences between address types?

There are three types of addresses you can use when transacting and storing your Nix. So, they are the Standard (Segwit P2SH) addresses, Bech32 addresses and Ghostnode addresses. Each address has different advantages and features, which are designed to suit your specific needs.

Standard Addresses (Segwit P2SH)
If you do not plan to vote in the Nix Off-Chain Governance system proposals, then you should use Standard Addresses.

EXAMPLE: NNdB1yVUjXDJngT87fgb8rc1GkvFdLUtRb

Bech32 Addresses
Bech32 addresses are recommended for those who intend to participate in the voting system. Also, for those who want to have a say regarding the Off-Chain Governance system, which has been implemented by the Nix Platform.

EXAMPLE: nix1qh3hja4f24u75whegrjyy74kanqg2qjklhxajnk

Ghostnode Addresses
However, Ghostnode addresses are not suitable for cold staking (LPoS). So, we recommend that you should use an alternative Segwit P2SH or Bech32 address.

EXAMPLE: GgCmc3YVE8aWRQ1SQLwaFxSur6iu93AiPu

I want to participate in the Off-Chain Governance system, which address type should I use?

Bech32 address is recommended when using the Off-Chain System.

Is there a minimum amount of NIX that I need to stake?

No. You can stake any amount of NIX.

Can I check to see if I am receiving staking rewards?

Yes. Open the wallet, which you have used to create the LPoS contract. Next, you need to select the transaction tab to look at the transaction history. Alternatively, you can copy and paste your wallet address into the NIX Platform’s block explorer. This method will then find all the staking\transaction history.

Here are the current Blockchain Explorers:

http://blockchain.nixplatform.io/

https://chainz.cryptoid.info/nix/

How do I cancel a Contract using the UI wallet?

1. Click on the ‘Staking’ tab, on the left-hand menu.

2. Select the ‘Leased staking’ tab from the top menu.

3. Click on ‘Cancel’.

4. Enter your wallet password.

5. Click on ‘OK’.

Once you have cancelled your contract it will then be removed from the ‘Leased staking contracts’ section of the UI wallet.

How do I cancel a Contract using the QT wallet?

1. Click on the ‘LPoS’ tab, on the top menu.

2. Select ‘Active Contract’ tab.

3. Right-click on the active contract.

4. Click on ‘Cancel contract’.

What should I do when my wallet is stuck on zero connections?

If your NIX wallet is stuck on zero connections, you will need to delete the peers.dat file from the NIX data folder and replace it with the one below.

Click here to view instructions on how to replace the peers.dat file.

How do I resynchronise my wallet?

Windows
  1. Press the ‘Windows key’ and ‘R’ button together.
  2. This will open the ‘Run’ program.
  3. Then enter this text into the run box: %HOMEDRIVE%%HOMEPATH%\AppData\Roaming\NIX
  4. Click on the ‘OK’ button.

The NIX folder window will now open. Next, you need to select these files:

  • blocks
  • chainstate
  • banlist.dat
  • peers.dat

5. Press the ‘Control’ key on the keyboard, as you use a single click to select each item.

Once you have selected each of the items, press the delete key to delete them. So, when you have deleted these items, you will need to reopen the NIX wallet, because it allows the wallet to resynchronise with the network.

Check the wallet’s block height with the block explorer to make sure that your wallet synchronised with the network.

Linux
  1. The NIX data directory is located in ~./nix .
  2. Delete the blocks and chainstate folders along with the ban list and peers.dat files. Once you have deleted the items reopen the NIX wallet and then let the wallet resynchronise with the network.

Check the wallet’s block height with the block explorer to make sure that your wallet synchronised with the network.

Mac OS
  1. Using the top menu, locate and click Go -> Go to Folder.
  2. Paste ~/Library/Application Support/nix/ and press Enter.
  3. Delete the blocks and chainstate folders along with the ban list and peers.dat files. Once you have deleted the items reopen the NIX wallet and then let the wallet resynchronise with the network.

Check the wallet’s block height with the block explorer to make sure that your wallet synchronised with the network.

If I have a question, can I contact you?

Yes. Our email address is support@coolstake.cool. Alternatively, you can contact us using the webform https://www.coldstake.cool/contact-us/. However, please be advised that weekends and public holidays might delay the response time.

peers.dat

If your NIX wallet still has zero connections, then you need to delete the peers.dat file from the NIX data folder and replace it with the one below.

File Hash – SHA256: 9e022436c1d028de4d272e20659839da5bcfd652766261ffd0941df2c1880980

 

Select your operating system below to view the instructions on how to replace the peers.dat file

Windows

1. Click on the ‘peers.dat’ button to download the peers.dat file.

2. Press the ‘Windows key’ and ‘R’ button together.

This will open the ‘Run’ program.

3. Then enter this text into the run box: %HOMEDRIVE%%HOMEPATH%\AppData\Roaming\NIX

4. Then click on the ‘OK’ button.

5. Delete peers.dat file.

6. Copy the peers.dat file from the downloads folder and paste it into the NIX data folder

7. Open the NIX wallet.

Linux

  1. The NIX data directory is located in ~./nix .
  2. Delete the peers.dat file and replace it with the one downloaded from our website.
  3. Open the NIX wallet.

Mac OS

  1. Using the top menu, locate and click Go -> Go to Folder.
  2. Paste ~/Library/Application Support/nix/ and press Enter.
  3. Delete the peers.dat file and replace it with the one that you’ve downloaded from our website.
  4. Open the NIX wallet.

LPoS Getting Started Guide

This guide will provide you with comprehensive step-by-step instructions to create LPoS smart contracts using the NIX Platform’s UI and QT wallets. The intended use for our guide is for members of the nix community and individuals who want to use the LPoS feature to lease their NIX to ColdStake.cool.

Our website contains links to websites owned and operated by third parties. These links are provided for your information and convenience only and are not an endorsement by Cold Stake. Cold Stake has no control of the content of any linked website and is not responsible for these websites or their content or availability.