Ahead of schedule, Hive Ledger Wallet is prepared to handle changes in the incoming hardfork and help people to manage their Resource Credits.
Hive Ledger Wallet is a new app that supports Hive on Ledger hardware wallets.
Never heard about it? Check my previous posts:
- How to use Hive Ledger Wallet
- How to create cold storage wallet with Ledger Nano and earn 20% HBD stable coin interest
Resource Credits delegations
Incoming hardfork will bring a lot of great changes but I believe the one that will impact average user the most are RC delegations developed by @howo. Long story short, everytime you interact with Hive blockchain, you spend Resource Credits. Those credits regenerates over time and the max amount of them is related to your Hive Power. This is a mechanism design to rate limit blockchain usage.
Problem with RC is that if you don't have enough HP, they will limit your abilities to interact with the blockchain (f.e. playing games like splinterlands). And if you have enought HP, you probably won't use them all whatever you do.
Here comes the delegations - people with enough Resource Credits can delegate it to people with far lower amount. Win-win ;)
Fakenet
RC delegations will be available in the incoming hardfork, but there is a way to test it already - mirrornet aka fakenet. Without the fakenet and it's API managed by @gtg it wouldn't be possible, so consider voting on his witness!
https://fakenet.hiveledger.io
If you have your account already configured to use hardware wallet, just try the fakenet configuration - it should just work. If you didn't try it before, this is a great opportunity to checkout the wallet!
Just remember - fakenet is not real. Whatever you do there, it's not going to happen on the mainnet and all assets are worthless. But this is a great space to test everything, including incoming RC delegations!
Btw, if you don't have a Ledger wallet yet, buy one with this affiliate link to support me!
Improvements
The new version of Hive Ledger Wallet contains also multiple small but important changes, like the ability to override stake delegation without the need to remove the old one.
Other fixes and improvements:
- updated toast styles to match the overall design
- indicator of the fakenet and testnet
- the login modal does not dissapear during the authentication
- fixed witness paging
- delegating form won't create a transaction with more VESTS than you have
- transaction history with paging
Resource Credits delegations will be deployed to production right after the HF26 but you can help our network and core developers by testing it right now.
Stay safe, and enjoy using Ledger wallet with your Hive account!.
Don't forget to support me with your witness vote! Click on the image below:
hiveledger.io tends to work through clock on bringing out new inovations for improvement.
The best is yet to come and I appreciate what you do.
Thanks buddy!.
RC delegation is one of the most awaited stuff on hive and the community is looking forward to have it live. Any tentative date for this to happen?
Not yet, the date will be announced by the @hiveio account
Nice work buddy.
Thanks
Finally! This is really GREAT news!
When the dream comes true ✌🏼
when should we expect the HF realistically ? like a week from now on ? a month ?
I wouldn't expect it before the Hivefest
ok, thanks for the reply :)
anybody know why the Hardfork is so delayed?
A lot of new code was merged into the hived code so core developers and witnesses are still performing tests and improvements. Better safe than sorry. There is no rush ;)
ok, thanks for the heads up, I thought it was something more serious
Even though I'm still like a newborn baby but I can understand this is a great innovation and very good, amazing.
Its great and good to see such developments at this time,thank you for the information and post.
I bought a Ledger nano under your reference link and forgot about it until I saw your post today,lol... Now I have to connect it to my Hive account.
Can we use your UI without a hardware wallet?
Though I really think it's time for m me to get one. Which is the best model? I'm only really likely to use it for bitcoin deep storage and some hive deep storage too.
Currently not but I'm going to add Keychain support and maybe HiveAuth as well. But ledger is a priority now, so I can not commit to any date.
There is a new model
Nano S Pluswhich has as much memory as Nano X but it doesn't have Bluetooth connectivity and it's cheaper. It's a no-brainer for me.Great work on hiveledger.io!
Separating Hive Power and RC will be a good thing!
@tipu curate
my question , Hive Power and RC will both work different,, how
They will simply be divided:
The RCs you don't need you will be able to delegate without having to delegate HP and vice versa ;)
!PGM
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
good , and its mean now we will only delegate RCS and hp for voting will be in our hands that great
yes but only after the next hard fork
I think this Christmas I'll give some of those away. It's just such a great gift with all those features now.
As the day goes by, new developments arrives. this is awesome.
Nice!!!
very good
Great news.. thanks for sharing
~~~ embed:1571077966708477952 twitter metadata:QWxfbWVuZW98fGh0dHBzOi8vdHdpdHRlci5jb20vQWxfbWVuZW8vc3RhdHVzLzE1NzEwNzc5NjY3MDg0Nzc5NTJ8 ~~~
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This is awesome, thanks so much 🙌 After the hardfork, will we be able to delegate rc to anyone we want? Instead of offering a hp delegation?
!PIZZA !ALIVE
This post has been manually curated by the VYB curation project
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That's correct :) Of course, HP delegation will still be a thing in some cases, but for most use cases, delegating RC should be enough.
So basically anyone we see who deserves a chance can be helped without depleting our voting power? Amazing 🙌
!PIZZA
Exactly :)
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Please vote for pizza.witness!
Hey man great one!
Any info on the official approval for the app from ledger?
Final touches before the public release :)
This is a fundamentally new level of security. Great work. But I cannot understand one thing. How can I, an ordinary user, manage money if the site https://hiveledger.io/ has stopped working?
Hive Ledger Wallet is open source, so anyone can run it on their own, that's the first thing. In the near future, when we get the public release of the ledger app, there will be more applications supporting hardware wallets, for example, Hive Keychain is going to add the support as well :) So don't be afraid, there will be other options as well :)
It good to see a development like resources delegation on hive blockchain. It will really help many threaders using Leothreads
very good information...
Great news.
Think there will be a market for leasing RC's to new users?
People will try to sell it for sure
!ALIVE
!CTP
!BBH
!PIZZA
!PGM
!LOLZ
!LUV
!HBIT
@tiagoferezin, sorry! You need more $BBH to use this command.
The minimum requirement is 1000.0 BBH balance.
More $BBH is available from Hive-Engine or Tribaldex
@tiagoferezin, sorry! You need more to stake more $PIZZA to use this command.
The minimum requirement is 20.0 PIZZA staked.
More $PIZZA is available from Hive-Engine or Tribaldex
@tiagoferezin, sorry! You need more $ALIVE to use this command.
The minimum requirement is 1000.0 ALIVE staked.
More $ALIVE is available from Hive-Engine or Tribaldex
Do we have someone paying for resource credits ? I would like to earn hive from that.
I have a very important question for you. Let's say I changed all the keys except for the voting key, that is, I created a cold storage wallet. Are Hive Keys tied to a seed phrase? main phrase? What I want to know. If I change my Ledger (the device itself) and then set my seed phrase again, then install the Hive app, will the Hive keys be pulled automatically? I hope you understand my question. Thanks in advance for your replies.
Keys on your device are derived from the seed phrase, so yes, it will automatically work when you change the device and use the same seed phrase.
I changed the master key of the owner via Ledger. But now it turns out that I cannot change other keys in this particular account? I don't know the owner key, it's in the device itself.
You must sign the transaction with your device if you want to change other keys. I will soon add such an option to the wallet and the CLI.
Thank you so much. I was waiting for this. Otherwise, I would have to create a new account, but I don’t want to. The interface is great, thanks.
so can I earn money by delegating ressource credits now?
If you find anyone willing to pay you for such a delegation, then why not.
okay sure - but there isnt any market yet - like dlease?
could become more interesting faster than you might expect
There's no such market currently.
thank you for the infos <3 !