Post
Topic
Board Announcements (Altcoins)
Re: ANN CureCoin is launched 5/10/2014
by
bardacuda
on 16/05/2014, 23:21:31 UTC
I hear it's a PPC fork, so you can unlock only for PoS minting using the console.

Follow this guide: https://bitcointalk.org/index.php?topic=187714.0

Correct me if I'm wrong guys.
i wait for this confirmation to...

YES you use the same console command to unlock the curecoin wallet for minting as you do for peercoin.

In console, type this - walletpassphrase 99999999 true - hit enter. Give it a minute or so for the wallet to unlock. Good to go.

Remember that your coin-age has to be at a minimum of 30 days to start minting. Receiving coins to your wallet is fine; if you send any out/spend them, it will reset all of your coins back to day zero. Just like peercoin. So keep that in mind.

Thanks for the info!  Up until now I haven't used console commands in the wallets!

So how does this work? Forgive me but I am new to cryptos and don't know anything about PoS. So you unlock your wallet and after 30 days you start earning interest or something? Does that mean your wallet is not encrypted anymore? Is this so that people can see how many coins are in all the inactive wallets with the block explorer?