Can anyone go over the improvements in Whitecoin V2.0?
it looks like staking coins is a lot different.
I agree whats the deal with staking?
Is there an optimal block size?
I have a reasonable amount and not staked in days...
Hello boy2k,
the staking in the legacy wallet works in the following way:
You get 2% per year. So it dosn't matter, when you open your wallet.
If the wallet is open and you have some mature coins, then you get your stake after some time (depends on the network).
So it is adequate to open your wallet every 2 months and wait until you get your stake for that time and then close your wallet.
The staking in the new wallet works in the following way:
You get 2 XWC for every staking (for every block you generate).
So you only get stake when the wallet is opened and you have some mature coins (depends on the network).
You do not get a fixed amount of stake (i.e. 2%), but you get stake for opening the wallet (and unlock it).
This prevents the problem with the network we had in the legacy wallet, when someone with a big amount of XWC starts to stake and then close the wallet, after he has gotten all the stake.
The new wallet rewards the holders who have opened the wallet and not the holders, who only open it every 2 months.
I hope I could clarify the staking a little bit
Banger