StakeCube information

StakeCube faucets are like a gift from the community, the platform and the coin operators. As a kind of marketing campaign, coin operators give away some of their coins to bring new users into the network. The faucets at StakeCube can be requested every 24 hours with just a few clicks under the menu item Community – Faucets. Using these coins, the functions of the platform can be tested without risk.

The StakeCube Coin (SCC) is a masternode and staking coin. This coin serves as a utility coin for the services of the StakeCube platform. With the SCC you can use mining, HotNodes, ColdNodes, exchange fees, games and soon many other services. Over 4000 SCC masternodes are currently in operation. The platform operators are currently also ensuring regular listings on new exchanges.

You can always find the current StakeCube Masternode Guide linked on the StakeCube GitHub account. You can find this under: https://github.com/stakecube/StakeCubeCoin/releases.
Always pay attention to the current version number when installing a masternode and when updating or installing your core wallet.

The StakeCube Core Wallet is the wallet that matches the StakeCube Coin. You only need this wallet if you want to store your StakeCube Coins on your own computer or operate your own masternodes. The StakeCube platform does not necessarily require your own StakeCube core wallet. Of course, it doesn't hurt to download a Core Wallet and manage it.

As a rule, StakeCube sets up the masternodes for its members. The servers are operated and maintained by the provider StakeCube. Wallet updates and updates of the respective blockchains are also completely included in the operator's management. An account with StakeCube also spares a user from an open and active wallet on their own computer. Income from the masternodes is credited directly and immediately takes part in the staking process. In mathematical terms, this results in a good effect of compound interest.

The people behind StakeCube are known and reachable. In our opinion, the probability of a scam is very low. Nevertheless, nobody should leave too many of their coins on an external platform. The offer looks serious from our point of view and the platform's behaviour after the hacker attack (reimbursement of all losses to the user) speaks against this being a scam.

On behalf of our community, we asked the operator directly about the topic of imprint. The site only trades and pays out in cryptocurrency. The platform's services are also paid for exclusively in cryptocurrency. The platform does not offer a German translation and is aimed at an international audience. We are also not satisfied with this answer, but we did not want to leave the question unanswered.

The platform currently has more than 50,000 members, lists over 50 coins on its own exchange and consists of 10 developers. There are currently 11 applications on StakeCube, of which mining, voting, games, ColdNodes, HotNodes and the exchange can be used with the in-house coin SCC.

The topic of security is very important at StakeCube. Unfortunately the platform has already been hacked twice – the first time was shortly after it started up and the second time was in early 2020. Despite a high degree of damage, the operators were able to reimburse all users for their credit and continue operations. These attacks were a learning curve for the operators and they have subsequently increased security through cold wallets. As a user, you should always be careful with such a central platform without private keys. There is always a risk of total loss.

The question of the seriousness of a platform is difficult, because people or business models can also change. According to our initial assessment, StakeCube is a reputable platform. One shortcoming is definitely the lack of an imprint. At the same time, the founder Oleg Warkentin verifies himself on platforms such as KYD.