Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FlutterCoin FLT NEW Proof Of Transaction PoT Rewards For Spending
by
thekidcoin
on 22/04/2014, 19:03:59 UTC
What percentage is proof of stake and what time is required for stake to start and how this works, please?

30 Day maturation time from what I've gathered. No idea on percentage would assume 1% Annual since that is the most common.
5%

5% in 30 days? How much thats in a year?
Today I PoS mined 554 FLT from old 4210 FLT block (5. Mar). Thats about 13% in 48 days.

Can you update the original post to clarify this?
POS doesn't work that way, its a minimum 5%, its not a set 5%.  Its possible to mint more than 5%...  A number of factors come into play including coin age (your coins are between the min and max coin age), number of coins,

You can't earn a reward every 30 days, you earn a reward for the minimum 30 days and after 90 days the coin ceases to age (no rewards)