Re: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh)
Question:
What happens, when all available Spendable balances in all currently available (online) wallets go to Staking, and there are ~150-200 confirmations left before the Interest awards begin getting confirmed and coins released from Staking back to Spendable? With no Spendable left, who finds next block?
What happens, when all available Spendable balances in all currently available (online) wallets go to Staking, and there are ~150-200 confirmations left before the Interest awards begin getting confirmed and coins released from Staking back to Spendable? With no Spendable left, who finds next block?
My understanding of how PoST works might not be right, but aren't the staked coins the ones doing the work? If so, it doesn't matter how many coins are in Spendable, as these are doing nothing and not contributing towards finding the next block.
That would have been my understanding, too, but it seems it's not like that - at first you have no staked coins, THEN you find a block, THEN coins go to Staking. With Spendable going down, you find a block less often. Then Spendable goes to ~0 and you find no more blocks. Didn't you notice that?
That was my understanding also TooQik, but wouldn't be the first time I was wrong... 
Yes, I've noticed that too but thought it was simply how the GUI was updating the counts.
I've only earned one lot of interest (0.09...woohoo) and only after finding that block did my wallet update the Staking count but it did not reduce the Spendable count. Of my original 54,000 coins it now shows 54,000 as Spendable, 1,000 as Staked and a Total of 55,000. Obviously this is not correct as it hasn't taken the 1,000 Staked coins out of the Spendable amount.