Post
Topic
Board Altcoin Discussion
Re: Proof of Stake Investment - NVC/HBN/PHS/TEK/and more
by
doulos
on 10/03/2014, 15:09:37 UTC
What if I cant have the wallet running 24/7, how much inpact if I open the wallet lets say for 3 hours once every week ?

It lowers your opportunity to stake. Wallets need to communicate with the network to determine coin stake age, and probabilities are computed to see if coins will stake. Plus, once they stake they have to be communicated to the network or they will become orphans.

You can do this - once a week - but I would give a wallet a full 24 hours. It should not change your stake return perceptibly. 

In order for your coins to begin minting you must have an unlocked wallet that remains connected to the network for extended periods of time (for the highest probability of success 24/7 network connectivity is suggested). You can also allow your coins to age with the wallet offline, but keep in mind that once the wallet is back online the blocks will be competing with the rest of the blocks ready to stake on the network. When you bring coins back online and fully synchronize with the blockchain, your coins will have a high coin age and might be eligible for stake before other coins in the network.
http://wiki.hobonickels.info/index.php?title=Proof_of_Stake