an encrypted and locked wallet is more secure than an unlocked and encrypted wallet. I am no expert but i have had the same question coming to the conclusion that there are some security-risks with leaving it unlocked 24/7. Look for a clean system before doing it.
the other questions: old laptop can do it, more than one should also be fine.
Please correct if i am wrong.
Topic: Wallet Security & Staking Coins (Read 681 times)
Surely there is someone who could shed some light onto this topic. If anything, answers to #1 and #2 would be the most helpful. Thanks.
I have tried to dig around to find sound answers to these questions, but a good thread explaining this has eluded me:
1. I have a few coins that give POS interest per year of 5%, and another 20%. What are the security risks for having an encrypted wallet unlocked 24/7 for minting these coins?
2. Some wallets will have an option to "Unlock to mint POS only" while others just have an option to choose Unlock Wallet, or you must unlock from the debug window. Are there any risks for leaving the wallets that are not unlocked for POS only running all of the time?
3. Is it okay to run more than one coin wallet at a time?
4. Is an old laptop suffice to run these wallets?
Thank you in advance!
1. I have a few coins that give POS interest per year of 5%, and another 20%. What are the security risks for having an encrypted wallet unlocked 24/7 for minting these coins?
2. Some wallets will have an option to "Unlock to mint POS only" while others just have an option to choose Unlock Wallet, or you must unlock from the debug window. Are there any risks for leaving the wallets that are not unlocked for POS only running all of the time?
3. Is it okay to run more than one coin wallet at a time?
4. Is an old laptop suffice to run these wallets?
Thank you in advance!
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