Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Spectrecoin[XSPEC] TOR+OBFS4, Ring Sig, Stealth!
by
Gandalf86
on 11/05/2018, 08:01:16 UTC
Yeah I'm spreading FUD when I posted a photo proving that staking is fucked.

This coin is going to die. The developer is not even active here. Just a few shillers left.

Staking is not "fucked", it is working as it should. Read more about general POS reward calculation here: https://github.com/bitcoinx2/crypto-intro-guide/wiki/Proof-of-Stake#how-much-reward-do-i-get

There are blocks generated at a target interval (60 seconds), and you receive a block reward according to your share in the network. So if you have 1/1000 of the network weight (0.1%, about 7000 coins maybe?), then you will receive roughly every 1000th block reward. You can do the calculation yourself.