Post
Topic
Board Announcements (Altcoins)
Re: [ANN] LitecoinPLus wallet update - PoW added
by
Spidersbox
on 17/12/2017, 19:56:35 UTC
Hey Spider,

very nice! Thanks for that!
Im sitting infront of it and i am about to do this now!
I am also starting to get behind it but still not 100% sure.

You said that you suggest making 1 Block when i have 100 lcp.
My question is, is 1 Block = 1 Transaction?
For example, when i have 1000 LCP, do i have to make 2 Transactions with 500 LCP to have made 2 Blocks???
if you transferred 47 lcp to your wallet - that would be one block.
when it stakes you end up with two blocks - each 23.5 (plus half of the stake reward)

if you transferred 1 lcp 47 times - that would be 47 blocks.
when they stake you will end up with 94 blocks - each .5 (plus half of the stake reward)


So this means, the more Blocks the better/higher Reward i will get??
Best practice would be, if i have 300 LCP to send every single LCP to my Adress at same time?
well 15% is 15% (and to be correct - 15% divided by (4 times a day X 365 days))
but when the blocks get too small you run out of decimal places.