Re: [ANN] Orbitcoin v1.6.1.0 ~ NeoScrypt ~ Green Stake ~ 7 Years Old
depends on how many coins you have, but its better to split them to more adresses for staking
Can you explain why it is better to have them on different addresses? Is this security related or POS related? Ty!
i took this guide from reddit: it was written for different coin, but most of it is still relevant here:
note that after finding PoS block, the imput has to age one day before it starts staking again.
personally i have also more adresses (its more for sorting by purpose and labeling reasons in this case), but imagine you had 10000 bitcoins in your wallet and kept them in just 1 address. then you would send or received a payment to/from someone on the internet, or even your friend. they could check your current balance in no time.
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New to staking? Try this Guide.
FAQ
POS Guide |Credit: Crofly
Staking starts if coins are at least 1 day in the wallet. For staking the wallet has to be open
Wallet uses every input for staking. The more coins you have and longer they are in your wallet (max age 16 days) the higher chance they have to get a pos block
It's also based on luck and difficulty
After an input is rewarded with a pos block, its coinage is resetted to 0, so this input has to wait 1 day again for it to stake..
Additionally if the input was bigger than stakesplit (default: 400 ) and coinage was not max ( 16 days ) they will be split in 2 halfs
For example if an input of 100k coins gets a pos block before its coinage is 12 days, it will be split in 2 halfs to 2x 50k and of course coinage resetted to 0
For inputs this autosplit the wallet does repeats until the value "stakesplit" in your config has been reached
so it may take a while until a stack of 100k or more is splitted into stacks of 500 coins
As the Autosplit may take a while depending on the sice of coins one has, it helps to manually split them manually to like 10k / 1k / or even 300 inputs
This can be achieved by sending the amount to a new address in your wallet via coin control
Before you do, check the next point first
Sending/splitting coins of a big stack resets coin age of the coins you want to split and the remaining ones
The remaining coins will be moved to another change address in the wallet, that's why it's coin age will be 0 again
Stakecombine combines input that are below the value in the config ( default 200 ) with max 10 inputs together
If you have many small blocks, manually combining them could help
Please be advised, those are only my personal researches and understandings of how it works
Staking options
-stakegen=<n> Generate coin stakes (default: 1 = enabled)
-stakemintime=<n>Set the min. stake input block chain time in hours (default: 48 or testnet: 1)
-stakemindepth=<n>Set the min. stake input block chain depth in confirmations (default: follow -stakeminage)
-stakeminvalue=<n> Set the min. stake input value in coins (default: 1.0)
-stakecombine=<n>Try to combine inputs while staking up to this limit in coins (20 < n < 200; default: 20)
FAQ
POS Guide |Credit: Crofly
Staking starts if coins are at least 1 day in the wallet. For staking the wallet has to be open
Wallet uses every input for staking. The more coins you have and longer they are in your wallet (max age 16 days) the higher chance they have to get a pos block
It's also based on luck and difficulty
After an input is rewarded with a pos block, its coinage is resetted to 0, so this input has to wait 1 day again for it to stake..
Additionally if the input was bigger than stakesplit (default: 400 ) and coinage was not max ( 16 days ) they will be split in 2 halfs
For example if an input of 100k coins gets a pos block before its coinage is 12 days, it will be split in 2 halfs to 2x 50k and of course coinage resetted to 0
For inputs this autosplit the wallet does repeats until the value "stakesplit" in your config has been reached
so it may take a while until a stack of 100k or more is splitted into stacks of 500 coins
As the Autosplit may take a while depending on the sice of coins one has, it helps to manually split them manually to like 10k / 1k / or even 300 inputs
This can be achieved by sending the amount to a new address in your wallet via coin control
Before you do, check the next point first
Sending/splitting coins of a big stack resets coin age of the coins you want to split and the remaining ones
The remaining coins will be moved to another change address in the wallet, that's why it's coin age will be 0 again
Stakecombine combines input that are below the value in the config ( default 200 ) with max 10 inputs together
If you have many small blocks, manually combining them could help
Please be advised, those are only my personal researches and understandings of how it works
Staking options
-stakegen=<n> Generate coin stakes (default: 1 = enabled)
-stakemintime=<n>Set the min. stake input block chain time in hours (default: 48 or testnet: 1)
-stakemindepth=<n>Set the min. stake input block chain depth in confirmations (default: follow -stakeminage)
-stakeminvalue=<n> Set the min. stake input value in coins (default: 1.0)
-stakecombine=<n>Try to combine inputs while staking up to this limit in coins (20 < n < 200; default: 20)
Also have a look at post linked in first post of this thread: https://bitcointalk.org/index.php?topic=586674.msg7744291#msg7744291
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