Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ¤ DMD Diamond 3.0 | Scarce ¤ Valuable ¤ Secure | PoS 3.0 | Masternodes 65%
by
vella85
on 17/09/2017, 00:01:30 UTC

Is there a minimum balance for POS staking?

Thanks.

I don't believe so as I have already earn my first stake with just over 300 coins. I will say this I think it's best to split my coins up into smaller blocks of say 100 coin blocks because I didn't know it will take 641 confirmations before my coins can stake again. So if I have 3 x 100 blocks I can still stake while the other block matures as right now I'm still waiting on my first stake to confirm with still over 200 confirmations to go.

I like to get the dev's answer or anyone else here is it okay with 100 coin blocks? or is that too small for DMD?

use this consolecommand

setstakesplitthreshold 100

Quote
{
    "split stake threshold set to " : 100,
    "saved to wallet.dat " : "true"
}

this way u have coin piles between 100-200 dmd size automatic

if bigger they split if smaller they merge after some time (5 days)

replace 100 with whatever is ur desired number the coin pile in ur wallet will always over time struckture to be in the range if 1x to 2x that value



Thank you cryptonit!

I didn't know DMD had this feature as most POS coins don't have this feature. This saves me time splitting the blocks manually so thank you. So 100 coin blocks should be fine staking DMD? I thought maybe 100 DMD coin blocks would be too small to stake?