Okay I think I'm starting to grasp this POS. Based on the white paper on Peercoin's site I've determined that:

- When you stake your mature coins you generate a new block similar to a POW block, but not entirely
- Based on how long your coins have been maturing, your wallet mines this stake block at a rate proportional to the age of your maturing coins
- Coins that have matured for twice as long will mine the stake block twice as fast, three times as long three times as fast etc.
- Having your wallet unlocked and open 24/7 is not crucial as coins that have matured for an extra day or week will mine the stake block faster, commensurate to their "Coin Age" (time they have been maturing)
- When staked, your coins get sent to yourself and they are essentially "reborn" and assigned a coin age of 0

Things I have not been able to glean or am unsure of from the paper:

- If there are twice as many coins being staked, does my total matured coin age have less weight? Is this where network weight comes in?
- The amount of coins you can gain from POS is not so much based on the number of coins you have to stake as the sum of their coin age
- What will change with the new software coming on the 19th? I don't understand how being able to stake more coins at a time will make a difference if they all get staked eventually. Is it because your wallet has to solve each stake block before moving on to the next and so it is just a matter of efficiency?
- The transactions I've seen related to staking have all been 10.00 coins mined. I assume this is the coin reward for solving a POS block?

Forgive me if some of this has been discussed previously in the thread. It's easy to miss things even when you read 90% of new posts and it can be very tedious sorting through 125 (!? how did that happen haha) pages of posts.

Also I just want to say thank you to KidCoin for being such a dedicated, untrollable dev and to the rest of you guys and girls for all of your contributions and hard work making this coin and community thrive.