So,someone help me understand this POS thing. 1%/year means that if I have 100 coins in my wallet today,after a year there will be 101 coins,right?
pretty much, but you have to leave them in the wallet.
So,the ideal thing to do is stack these coins to the sky and leave them there without touching them for a year? Also,is the staking done at once a year or is it a continuous process throughout? If continuous,what's the time interval for which they get staked?
after 8h yuo have chance to get part of 1% annual steak.
Eg i have 100k and i stack about every 3-4h with amounts like 0.02 0.7 BC...
If you have less BC you just need wait more to stack.
More BC you have more chance to stack / more you wait more chance you get stack.
If you have only few BC it can be month to get stack earlier.
You don't need to be allways online to weight is counted coinage.
You can log in after month and with 1000BC have same chance to stack like that guy who have fresh 30000 in wallet.
More you wait more chance to stack you have.