Quote from: Za1n on July 13, 2015, 04:01:21 PM

More Staking Questions

Ok, so I read on official forum a response that seemed to imply staking could happen anytime between 8 hours and 365 days. So I get that it is a random event somewhere in that time-frame.

Now my question relates to how long do I need to keep my wallet open. I realize no staking will occur if I do not have the wallet open, but say I close it and don't open it for a month, or a year. Will it then have the same chance of staking? So hypothetically, say I don't open my wallet for 365 days, according to my interpretation of that the post I would be guaranteed it to have it stake at that point?

I guess I am just trying to understand if there are any negatives to not keeping the wallet open 24/7.

Thanks

Quote from: traumschiff

You won't gain netweight if you keep your wallet closed.

that's exactly 100% wrong sir!
min stake age = 8 hrs means you have zero stakeweight for the first 1/3 day the coin is in it's new address
max = 365 days means that after being in that same addy for a year they are at max weight
coins gather age/weight as long as they are not moved to another addy, which resets the timer, wether wallet is on or offline, so, keeping it online 24/7/365 is best, that way your stake income will compound. but it will work fine if you only bring it online once a year too, just you'll make a little less stake.

@ Za1n - if you want to learn more about PoS check out the HBN thread and their wiki Wink