Post
Topic
Board Announcements (Altcoins)
Re: Bottlecaps v1.5 Fork Issues and Sync Issue Resolved Please UPDATE!!!!
by
butjust41day
on 09/09/2013, 16:48:34 UTC
I'm still not 100% in full understanding of the POS process but get the gyst. what i want to know if this is more or less primarily for when solo-mining? If i pool mine and transfer to my wallet and build up a balance..is the stake process the same or only when mining through my own wallet?
thanks for  the clarification

You wallet only has to be open, with a balance and unlocked to get POS blocks. It requires very little computing power. You could have your wallet closed for months then open and unlock it and you'll get a reward fairly fast because of the coin age. You do not need to be solo mining in the traditional sense.

To unlock at the debug console:

walletpassphrase yourpassword 99999999 true

Note: 99999999 is just a big number if you want it unlocked for a long period of time. This helps the network with your POS blocks

true - means its unlocked for minting only.


Sidenote: When I typed repairwallet at the debug console my total increased by 70 CAP. Interestingly when off on the wrong chain (in the distant past Smiley ) I produced 7 POS blocks. It seems my stake only reappeared when I repaired the wallet.