Post
Topic
Board Announcements (Altcoins)
Re: [ANN][NKA] INCAKOIN l Perú l Launched Aug 2013 | Mandatory update v.1.5.0.0
by
regtable69
on 19/09/2017, 12:28:09 UTC
are you saying that if i dont use password then there is a chance it would fork the network?

Seems like that. Unlock after your wallet is fully synced. Looks like I need to encrypt all my POS wallets.

there always is a risk involved with pos coins that this can happen. really it is basic security to encrypt anyway regardless :-)


It's off topic, but I did not really understand why a wallet allows to have pos mining if it is still downloading a blockchain! It is like allowing to send coins on your wallet even if the blockchain is not full syncronized. It seems that the programmer that first code the POS functions did not implement a simple check to prevent problem.

As not all wallet are encrypetd (think for example at pools), you can still using the "reservebalance=987654321" option in conf file to prevent POS.
pos=0 stops pos all together.  you can send txs before sync and it sends when synced up. you could also solo mine a wallet that is just out of sync as the wallet broadcasts from around 10 blocks prior to sync. this is how i understand wallets to work. im not saying this coin does that but it is something that helps negate any issues later by you the user having wallets encrypted. as i have said it is basic security for you guys more than anything. keep your coins safe :-)