Topic: PPCoin Proof of Stake mining (Read 723 times)
I too am curious how POS works. How do you capitalize on them? And doesn't this act as inflation, creating a higher max number of coins than there would be normally?
Newbie question (I can't find a clear answer anywhere):
I correctly set up my PPCoin wallet for POS mining, but what do I do next to get POS mining coins?
Do I have to leave the wallet program running all the time? Or do I just run it when I want to do a transaction?
If I have to have it running, do I leave it "unlocked for minting purposes only"? Or do I just let it run w/o unlocking it?
I've read that I only to have to run the program once every 30 or 90 days to benefit from POS mining. Is that correct? When I do run it once every 30 or 90 days, do I also need to unlock it?
Thanks
I correctly set up my PPCoin wallet for POS mining, but what do I do next to get POS mining coins?
Do I have to leave the wallet program running all the time? Or do I just run it when I want to do a transaction?
If I have to have it running, do I leave it "unlocked for minting purposes only"? Or do I just let it run w/o unlocking it?
I've read that I only to have to run the program once every 30 or 90 days to benefit from POS mining. Is that correct? When I do run it once every 30 or 90 days, do I also need to unlock it?
Thanks
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