Difference between address and Dividend Address

[Nickolas]

Hello,

When I click the NuShares tab and click Receive I noticed that 2 addresses appear. The first one says “Address” and the second one says “Dividend Address”.

Can someone please tell me the difference?

Thanks

[tomjoad]

Hi @Nickolas

Address is where you receive NuShares (NSR). If I wanted to send 100 NSR to you, you would provide me with that address so that I could transfer them to you. NSR addresses always start with the letter “S”.

Dividend Address is actually a Peercoin address. You can see this because every dividend address starts with a “P”. When our custodians distribute publicly-announced dividends with Peercoin, anyone holding NuShares receives a proportional amount.

A simple example would be if you owned 5 NSR out of 100 NSR on the network. If a custodian distributed a 50 PPC dividend to the network, you would receive 2.50 PPC if you imported it into your Peercoin wallet. Each Dividend Address is paired with an Address.

[Ben]

If a custodian distributed a 50 PPC dividend to the network, you would receive 2.50 PPC if you imported it into your Peercoin wallet.

For those who are curious, here are Instructions for how you export that address from your Nu wallet to your Peercoin / Peerunity wallet.

http://docs.nubits.com/v1.0/docs/receiving-dividends

That reminds me that I need to take new screenshots – the ones used in the tutorial are OLD

[Nickolas]

Thanks alot for your helpful response.