First, you need to understand ,
THE MOST IMPORTANT NUMBER ON THE WALLET SCREEN IS "AVAILABLE". That number would be kind of like your "stake weight" in POS V2. It strongly determines WHO will win the POS block.
Think of it this way. The higher your "available" the higher chance you have of scoring the pos block.
So the next statement might be: "Well thats unfair... someone with 50,000 coins will get all of the blocks". No, they dont , here is why:
When the wallet stakes, it takes the block you have and moves it into immature, and REDUCES the "available" amount,
where that block will stay for 250 confirmations. This reduces the "available" amount, making it a less chance to score the next block.
The next major factor is "block size".
Block size can be found in the wallet by clicking on: "send", and then "inputs".
Someone using blocks of 200 will have a greater chance of scoring the next block over someone using block sizes of 50.
But again, Im estimating that 70% of the probability is the "available" balance.
What this does is encourage people to buy, and stake. So example , someone with an available balance of 4000 VGS
has a much higher chance of scoring a block than someone with an available balance of 500 VGS.
So it encourages people to have higher available balances, and to buy and hold.
Also MOST IMPORTANT:
THERE IS NO STAKE WEIGHT IN POS V3. SO,
IF YOU DONT HAVE YOUR WALLET OPEN AND UNLOCKED AT ALL TIMES, YOU COMPLETELY MISS THE REWARDS!!
ITS NOT LIKE POS V2 , WHERE YOU CAN OPEN YOUR WALLET ONCE A WEEK AND STAKE, AND THEN CLOSE!!!
Wallet originally from PIVX source. Originally developed by Presstab
Includes: Masternodes 1000 VGS per Masternode (Multiple masternodes per wallet, requires a VPS).
Wallet features also include: Darksend, InstantX, and stealth
Here is the address:
https://chainz.cryptoid.info/vgs/address.dws?256.htm* FIRST AND FOREMOST, THIS ADDRESS WILL NEVER CHANGE!!! *
The reason it will never change, is because when the swap ends, and I need to send money to an address,
It is my duty to post a full explanation about the tx, and I WANT you to QUESTION ANY/ALL txs from this wallet in public! *
The wallet belongs to YOU, NOT ME!! I am simply the "treasurer", and HOLD the wallet,
but I am forbidden to receive funds from it for any reason.
The next function it will serve is to coordinate the swap.
All funds sent to users will come from only this address.
The wallet is being staked, because if does not, it WILL run out!
The "Cashiers cage" will be used for many many purposes including, but not limited to:
Development, Graphic work, promotions, and giveaways and anything that will make
Las Vegas coin the best it can be.
The VGS is packed with so many features, most people dont even know what it does.
So as part of the give away, I will be asking questions about the wallet,
and the FIRST person that answers correctly on the VGS thread will get VGS coins!
Then the answers will be posted on the OP under wallet features!!
You must do a name claim on the presstab explorer and hold at least 100 VGS to participate, and be rewarded.
: If you dont want to show all of your coins,
then create another address and and send 1/2 of your coins to it and claim it.