Post
Topic
Board Announcements (Altcoins)
Re: [VNL] Vanillacoin 0.3.1 | Hybrid TCP/UDP | ECDHE | O(1) | DarkPP/MinerPP/CoinPP
by
traumschiff
on 14/07/2015, 18:02:52 UTC

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

Thanks for pointing me to the HBN wiki, that was more the type explanation I was looking for regarding staking.

I think the OP for Vanillacoin should include a better explaination of such features, as we are not all experts with these concepts.

Thank you for pointing that out, will look into adding more information about POS

How about removing/editing your earlier reply because it's completely false and might spread wrong information?

fyi John wrote on IRC that you can help the POS get rolling with doing lots of smaller deposits (next to big ones) into the wallet. Which part would you like to get removed?

He means that you do gain net weight whether your wallet is open or not.  It's determined by amount of coins in your wallet and amount of time your inputs have been in your wallet's addresses (without being moved).  Leaving your wallet open gives you chances to turn the net weight of an input into a stake.  The longer you leave your wallet open, the more chances you get.

Regardless, it's already back a page, so no reason to edit your post unless you want to, imo.

Thank you for correcting me, edited my comment and linked to your response.