Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine
by
ski92
on 01/03/2014, 15:09:35 UTC
I feel like at least a few people have already asked and answered this question in the past few dozen pages, but this is something I'd really like to figure out:

With an annual stake interest of 1%, if I start out the year with 1000 BC, will I have 1010 BC by the end of the year?
No its compounded, so you get interest on your interest so to speak, google compound interest.
Take it as 1% with a bonus if you like.