Also how long does it take to confirm?
I've had 60.00 CryptoSpots Coins sitting 0/Unconfirmed for about 30 to 40 minutes now.
EDIT: Nevermind they confirmed now, looks like they confirm every time a block is found which is every 30 minutes if I remember correctly, so about the same time as BTC block chain.
no, should take about 1 minute per block in POS, but not much coins in wallets staking so network is very slow
Weird now the confirmations are kicking up, but I was at 0/Unconfirmed for about 30 minutes, and oddly enough as soon as the CryptoSpots found a block and it ticked to a new block on the site, my coins confirmed, I was like, huh that's weird lol
But still waiting for it to stake, I kinda wish it was a higher APR, like 50% APR or so, because 7% for as little as people are getting right now kind of seems just little, that's about 0.019% stake per day IF the coins get stake rewards per day....
For Example of why I think it is too low:To get 1.0 coin stake reward, you will need 5264 Coins in 1 block/address
If you get 20 CryptoSpots coins per block, it will take about 200 blocks to get just 4,000 Coins which can range from anywhere between a few days to 1-2 weeks depending on how fast your pool goesIf not raising the APR%, at least raise the CryptoSpots block reward to like 1500 or 2k per block, yeah it will run out faster, but it will give people a better chance at not receiving
"dust" for their stake rewards.
Just my input though
--Melwinder