Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh)
by
corather
on 10/01/2018, 20:22:46 UTC
I've always wondered, if I have two separate wallets each with 100k SLR and compare that with a single wallet with 200k SLR, will the block reward/ overall interest accrued be approximately identical? OR is there an overall reward advantage to bundling all of your SLR into the same wallet?

The interest rate would be the same. However it helps the network more with a higher node count as each wallet not being identical will stake a different times.

Would an active synced wallet with 0 coins also help the network? or is it only the "staked" coins that help the network?

What do you think? Of course this does not help maintaining the network.

I just don't understand how the code works. I'm unsure if it is the process of "staking" that is what supports the network or if it is merely an open wallet that supports the network. This seems unclear.

There are two components to the mining process whether it's proof of work, or proof of stake. One is the hardware required to calculate a block, and the other is communication with the blockchain. Bitcoin for example uses a lot of hardware to calculate the proof of work, but the work must still be written to the blockchain. You can run a main node on the Bitcoin network without doing any of the proof of work, though all you're doing is storing transactions, and broadcasting that info to the network. Solarcoin works in much the same way, though all the calculations for generating a block are done through a software algo. You can still run a "main node" on the network to support the blockchain, though you won't generate any interest with an empty wallet. So yes it does support the network, but not nearly as much as you would even if you had a tiny amount of solarcoin in that wallet.