Post
Topic
Board Announcements (Altcoins)
Re: [ANN][GRA] Graincoin - New PoW/PoS coin | Fast, secure | Version 1.4 Released!
by
bosian
on 26/01/2014, 05:50:45 UTC
I've received a bunch of small payments from mining.  Should I send the balance to myself to reset the coinage so their all the same, or does it matter?

I wouldn't, don't waste your already accrued time on the coinage.  Just keep filling the silo with that grain.


That's a lot of PoS blocks Cheesy

Had my wallet off a few days, switching operating systems, nice surprise when the wallet synced.  

Coin is running great btw, real smooth, nice work!

Yes you don't need to have wallet open all the time, although you get PoS in time, but usually small coins, if you accumulate some time then open the wallet, you get bigger ones, as the coin-day accumulates, it will never be lost because you did not open the wallet.

Wouldn't you theoretically earn more interest over time by keeping your wallet open more often? If you receive small amounts often, then the earliest ones would mature and themselves earn interest, compared to leaving the wallet closed and receiving the interest all in one go, where in that time you wouldn't have earned any compound interest.

Hope that makes sense. It's hard to put into words.

Yes what you mean is the compound interest versus simple interest, that is correct. Though I think the difference is not big.