Faq

Questions that may come to your mind

A digital wallet used to receive, store, and send cryptocurrencies like bitcoin (BTC) and Zer-Dex (ZDX).

Please go to the official site of ZDX github https://github.com/zer-dex-coin/zerdex-core/releases and download the latest release of the wallet.

In order to Backup your data, you need to open your wallet, click File on the menu and click Backup Wallet then save the wallet.dat file in your external drive or any safe storage drive.

After encrypted your wallet just unlock your wallet to enable staking.

Staking is the act of holding PoS coins in a Staking node to mint (or forge) new blocks. Minting (or forging) is the act of creating new blocks in a Proof of Stake blockchain to have a chance to receive a block reward. A Staking node is a computer that runs the coin’s wallet with a positive coin balance. The wallet will automatically stake by using the node’s resources to protect the blockchain by verifying the legitimacy of the transactions. For its services, the blockchain will send rewards (coin payments). Rewards are based on the number of coins the wallet owns, the more coins the more chances there are to receive a reward. The node must always be online or it won’t be staking and therefore not receiving rewards.

Go to menu, click settings then tap encrypt wallet and you need to provide your password.

There is no minimum. However, the rewards are distributed based on the weight on the network of your coins, so if you stake with a low amount of coins you may be waiting a long time to receive a reward.

You need exactly 10,000 ZDX locked in as collateral per Masternode.
 
From each block rewards: 80% Masternodes and 20% Staking. Currently the block reward is 10 ZDX, reducing to 8 ZDX, 6 ZDX, 4 ZDX and final block reward is 2 ZDX.