You don't need to have the wallet open 24/7.Once the coins are not reserved for spending they are then available for work and can earn staking rewards once work is found on the network.Coin maturity and network weight determine how often they get work.
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Second question, if the primary is true and computer doesn't need to be on, am I being detrimental to the network by turning it off at night?
I'm sure this is all in the white paper but it's about dinner time here and I'm sure those more knowledgeable than me will be able to answer the questions with me researching for some time.
Thanks and thanks for your continued work with XBC!
I'm sure this is all in the white paper but it's about dinner time here and I'm sure those more knowledgeable than me will be able to answer the questions with me researching for some time.
Thanks and thanks for your continued work with XBC!
It does help a PoS network to remain even more decentralized having wallets set up to act as nodes allowing more active connections although we now have decentralized seed nodes helping with this with more hopefully coming online this year.On the PoW it is the miners who decentralize the network whereas on PoS everybody staking does this.Same thing but different protocol etc.
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in PoW the miners do not make the network decentralized. The full nodes do. Currently, some 11,000 nodes. If you had 1 miner it would still be just as decentralized.
In PoS you need to run a full node in order to mine. In PoW you can use anyone's full node.
In conclusion PoW mining will always be more centralized because you do not need to run full nodes to mine.