No wonder BC is falling like a rock !!. Still no proper to the
bolded questions especially #6. You obviously dont understand what a stake does
though you pretend to do
Prices could go to 100 satoshi or 10000 sat
The answers from the Dev will make all the difference :
The mandatory questions to the developer are:
1) When do untouched balances stake [days] ?
2) Will all wallets with untouched balances stake ?
3) If the answer to quest#2 is NO then which qualifying wallets will stake?
4) Is the qualification by random selection ?
5) If not all qualified wallets stake, what proportion of the 100,000,000 coins will stake ?
6) When an amount is staked how long will this amount collect interest ?
7) Is the stake interest rate 1% per annum, per 8 hours, etc, etc ?
8. Will locked wallets stake ?
9) Will encrypted wallets stake ?
10) Will unopened wallets stake ?
WARNING: The developer has a duty to clearly outline the POS parameters of his COIN
No one owes you an explanation you ass clown. You are the one who should do your own research, POS has been explained over and over, and you still want to be spoonfed.
here you go. once again.
1. Untouched balances are eligible to stake after 8 hours. When they will actually stake is a matter of random chance, just like finding a PoW block. But the chance improves the more coins you have and the older the coins are.
2. Eventually it is most likely that they will stake, you will have to be very unlucky not to.
3. read # 1 & 2 again.
4. read # 1 & 2 again.
5. read # 1 & 2 again.
6. Your question makes no sense. Once you coins generate stake, they are added to your balance and are the eligible to stake again after 8 hours old.
7. Per annum
8. No
9. Yes - if you unlock them, no if you keep them locked.
10. No
thanks for the 400 BC
