Month: September 2018

Cannon Hard-core : Vote for My Favorite BP

# Cannon Hard-core : Vote for My Favorite BP

As a BP that is known for its strength in the community, Stimulated the power of token holders from EOS Cannon community is a direction we have been working on. Therefore, we called for volunteers from comm…

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Cosmos: the Internet of Blockchains

Cosmos, being developed by the Interchain Foundation (ICF), is a decentralized network of parallel blockchains. ICF has a strong focus on developing a scalable system to improve the interoperability between different blockchains, essentially c…

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【EOS Cannon Comic】Ricky’s Dream

Team EOS Cannon – Determine to be the key player of the EOS world.
www.eoscannon.io
EOS Cannon

Web:[https://eoscannon.io]()

Twitter:[https://twitter.com/cannon_eos]()

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【EOS Cannon Comic】Under The Glacier

Team EOS Cannon – Determine to be the key player of the EOS world.
www.eoscannon.io
EOS Cannon

Web:[https://eoscannon.io]()

Twitter:[https://twitter.com/cannon_eos]()

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Overview of Tezos’ Economics Model

When it comes to ICOs, few projects have seen more hype than Tezos. In 2017, its two-week ICO raised US $232 million in bitcoins and ether tokens. It is the second largest in ICO history. The project attracted such attention because the developmen…

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Tezos Delegation Guide

Before getting to the delegation process, we need know that there are two different types of accounts on Tezos blockchain: implicit account and originated account. These two types of accounts can be easily distinguished by their address patterns. The implicit accounts’ addresses start with “tz”, while the originated accounts’ addresses start with “KT”. The implicit accounts are free to create, and are able to participate in baking once registered, but are not allowed to perform delegation actions. The originated accounts will cost a small fee (roughly 0.257 tezos) to create, and can only participate in delegation but not baking

Now, let’s take a look at how to delegate to bakers using TezBox.

Step 1: Please visit TezBox and access your wallet

If your wallet is new, you may not delegate yet. As seen above, when you click the “DELEGATE” button, an error message will appear as this wallet only has an “implicit address” that starts with “tz”.

In order to create an originated account, please transfer some XTZ to the wallet you have created.  When you have enough balance, click “ADD ACCOUNT” on the left to create an originated account for delegation. The creation of an originated account will cost roughly 0.257 XTZ. This fee is charged by Tezos blockchain.

Step 2: Click “Yes” on the pop-up window to continue, you will be charged ~0.257 XTZ

Step 3: Your originated account has been created, please wait a few minutes for it to be added to the blockchain.

Please only proceed to step 4 when the warning message has disappeared and your originated account (ACCOUNT 1 in the example) has been added to the blockchain.

Step 4: Transfer balance from the Main account (implicit account) with “tz” address to the new account (originated account) with “KT” address.

In the main account page, click the “SEND” button. Copy your originated account’s “KT” address and paste it in the “To address” box. Specify the amount of XTZ you want to send and click the “SEND” button at the bottom of the page. The transfer will take a few minutes.

Step 5: Delegate

Once the transfer is completed, go back to the originated account with “KT” address and click on the “DELEGATE” button. Choose “custom” from the drop-down menu and input your baker’s delegation address.

Step 6: Click “OK” on the pop-up window.

Step 7: Check your delegation on TzScan.

Search for your account with “KT” address on TzScan and click on the “Delegations” tab. You should see the delegation you just made. It may take a few minutes for delegation result to show.

About Infinity Stones

Infinity Stones is a professional node hosting service provider with a proven track record in the industry. Our team is composed of senior engineers, team leads, management experts from tech giants like Google, Oracle, and Intel. Our experience in successfully managing systems with a large number of clusters enabled us to build infrastructure with the highest level of availability and cyber security. Our system setup guarantees the 24/7 running of the baking service. We appreciate your interests in delegating your Tezzies to us. Our delegation address is:

We are over-delegated at the moment, thank you for trusting us!

Connect with Us

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