Can someone please do an idiot proof explanation of how coin- control works. I don't want to send/ sell any coins ( honestly ) I was just wondering how to do this as I have never done this before.
Thanks in advance. ( Anyway if I did get rid of my coins there would be more bonus to share out to you guys. )
I am holding, except for donations.
every time you mint new coins, the coins that produce them split into two halves. So starting initially with 30k KTK, you get two blocks of 15k. Then these two blocks independently produce new coins, so you have 4 blocks of 7.5k, etc. As the number of coins minted is function of both number of coins and their age, you may want to put together the small chunks into one bigger. You do that by sending to yourself operation. With coin control enabled in the options, go to send, select inputs and in the new pop-up window choose blocks you want to merge. Remember that sending them to yourself would reset the age timer. For sending to yourself you have to pay small transaction fee, 0.01KTK per 1000Bytes of data (approx. 6 chunks, no matter how much money it is).
Hope it helps.