PWR-ing purchases with blockchain

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Yes, we always recommend that you should provide a very strong password and encrypt your wallet to enhance security. Be sure to store a record of your password because if you lose it you will not be able to retrieve your coins and they will be lost!

For most Windows users this will be in C:\Users\YourUserName\AppData\Roaming\pwrcoin3 If you find that your AppData folder is not visible please change your folder settings to show hidden folders and files.

Yes, you can do this with a flag or with a command in the configuration file. If you want to use a flag please right click your shortcut icon and choose properties and then select the shortcut tab. Locate the Target: box and at the end of the existing text place your cursor and create one blank space and then enter the path for your custom directory like this: -datadir=c:\inhere\thisone\here You can also go inside the datadirectory and create a text file and name it pwrcoin.conf Open that file and add the following line: datadir= datadir=c:\inhere\thisone\here and then just relaunch your wallet.

You have several options here but remember you should always back up your wallet frequently and also be sure to keep a copy off of your computer in case you have a hard drive failure. The simplest method is to open the wallet and click on File and then click on Backup Wallet and then choose the location and save the backup copy. Another method is to open your data directory and copy/paste the file which is named wallet.dat. Yet another option is to unlock your wallet and then uncheck the box that says for staking only and then click Tools and then click Debug console and when the window opens click the Console tab. In the command line at the bottom type: dumpwallet NameOfBackUpFile.txt and then hit enter.

We have active and helpful members over on our Discord channel and you should join in and ask your support questions there. Be sure to look in the Discord channel named “wallet-support.”

You can mine PWR Coin using a graphics card (GPU) Most likely you will want to also use a mining pool as it can be very difficult to solo mine. You can check out our tutorial videos on our YouTube channel if you need additional assistance.

Right now, the block reward is 180 coins but, in the future, it will drop down lower in stages. The stages look like this: block 262850 -> 180 COINS – 3 months | block 525650 -> 150 COINS – 3 months | block 1051250 -> 120 COINS – 6 months | block 2102450 -> 100 COINS – 1 year | block 3153650 -> 90 COINS – 1 year | block 4204850 -> 80 COINS – 1 year | block 5256050 -> 70 COINS – 1 year | block 6307250 and up -> 65 COINS

This depends on how powerful your mining hash is, how much total competition there is and even which mining pool you use.

PWR Coin uses the NIST5 mining algorithm.

We have active and helpful miners over on our Discord channel and you should join in and ask your support questions there. Be sure to look in the Discord channel named “mining-support.”

This depends on a variety of factors that can vary from user to user and the market price of the coin is a big part of the picture. If you want to look at an approximate profit you should look around the internet where you can find some different mining profit calculators that are able to give you a rough idea.

All you need to do is have coins in your wallet, leave it running and unlock it for staking.

The maximum coins you can get when minting a block is 100 but it is possible that you could also get less than 100.

This depends on how many coins you have, the total network weight and competition and on how your coins are divided up into different inputs in your wallets. You might mint zero coins in one day and then again you might mint thousands it just depends on the details.

The annual staking rate for PWR Coin is 1% or less. The reason it can be less than 1% is because there is a maximum payout amount of 100 coins.

Yes, you can experiment with using your coin control and splitting your inputs into different sizes. You can learn more about this technique by watching our YouTube tutorial videos.

We have active and helpful members over on our Discord channel and you should join in and ask your support questions there. Be sure to look in the Discord channel named “staking.”

PWR Coin will work in conjunction with the PWR Pay plugin to create a payment gateway for ecommerce stores.

PWR Pay will be targeting these platforms: Woocommerce (WordPress), Magento, Shopify, YoKart, BigCommerce and VTEX.

Our hard deadline for release is the end of September 2019 but we will be working hard to have it released ahead of schedule if possible.

PWR Coin and PWR Pay are two different things. PWR Coin is the altcoin while PWR Pay is an ecommerce payment gateway option that uses PWR Coin as the payment medium.

When we say PWR Coin has an “ulta-low” transaction fee we are pointing out that PWR Coin can be transferred for as little as .00001 PWR for the transaction fee when sending the coin.

When we say PWR Pay is a zero-cost payment gateway we are indicating that if you have an ecommerce shop there are no fees or costs to implement PWR Pay as a payment option at your store and the plugin can be had free of charge. We would consider this an advantage in comparison to another option such as authorize.net where the store owner would be faced with a recurring monthly fee as well as per transaction costs.

In many cases, ecommerce store owners pay monthly fees as well as transaction fees for payment gateways such as authorize.net. When an ecommerce store opts to use the PWR Pay payment gateway it is possible for them to gain up to 1% APR on coins that are in the wallet. A typical POS payout will be 100 coins and POS payouts are available on the blockchain approximately every 60 seconds. Because the minimum staking age is only one hour it is possible that the PWR Pay wallet being used at an ecommerce store will be able to generate coins. Depending upon how many coins are in the wallet and what the network competition is the wallet could potentially generate 100’s to 1000’s of coins per day. In other words, as users of the ecommerce store deposit their coins the store owner can potentially receive a beneficial reward. This is in stark contrast to other payment gateway options that are not free to use and that do not offer any potential of a free revenue stream.

An online shopper can transfer PWR Coins for as little as .00001 PWR as a transaction fee. This allows a user to send PWR Coins to a PWR Pay wallet at an online ecommerce store or alternately withdraw those coins for a very minimal transaction fee.

Many gateways such as authorize.net require recurring monthly fees plus transaction fees on each sale. By offering an alternative that does not have these expenses we feel we have the potential to capture some market share.

We will be implementing ION Cube on our PWR Pay code so that it will be encrypted. This will effectively stop other coins from making minor code changes to use our plugin for their coins. It will also increase the security since the code will not be publicly displayed.

The quickest way for you to get a response is to join our Discord or Telegram and present your question to an admin or community manager. You should also take some time to carefully research our white paper.