Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [SCRYPT JANE] UltraCoin (UTC) - Newly Launched
by
Protagonus
on 09/02/2014, 15:15:05 UTC
please anyone have any instructions on how I turn on the POS?

instructions from the first page:

Proof of Stake explanation

20% interest per year if you

1. have utc in wallet
2. don't spend it during that year
3. have wallet online all year
4. have wallet unlocked for minting, do this like so:
    - Open debug window, then console, then type: 'walletpassphrase' yourpassword '999999999' TRUE

I have seen this post like 10x it doesn't help.

I need instructions on how I unlock the wallet for minting not an explanation of POS.


Step 4 from above:  In your QT wallet on the top right;  there is a "Debug" button.  A window will pop up where you can now click "Console".   This will give you a command prompt window where you can enter commands (help, gethashespersec, etc).  Now, in the command prompt enter ------  walletpassphrase reallytoughpassword 99999999 True  .
Above, walletpassphrase should be followed (after a space) by your wallet password (passphrase).   The number you enter (9999999) is the amount of seconds that the wallet will be unlocked;  if you close the wallet this will be reset.  

While your wallet is online (3.) and unlocked (4.) and you have unspet / moved coins (2);  you are ready for POS rewards.  

A final way to check that you have successfully unlocked the wallet correctly;   Hover your mouse pointer over the "locked" icon (at the bottom right) of your wallet.  If you entered correctly;  it should say "Encrypted and Unlocked".