Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SEED] SeedCoin | Buy/Mine SEED & Grow Coinbase | 10/10 MANDATORY UPDATE
by
wiser
on 10/10/2014, 20:17:12 UTC
okay so now unlock the new wallet and recycle old wallet and i should be good?

Yeah. That's it.

Feel free to keep it locked for now though if you were experiencing the issue. The change doesn't take effect for about 9 1/2 hours.

I'm wondering if I too should keep my wallet locked until the countdown expires. I do not know if my wallet had those issues, as I didn't stake anything after the switch to 100% POS. I just would hate to have that issue and see my coins stake at 1% right before the countdown expires and then have to wait again for maturation.

Another thing I'm a bit fuzzy on: once coins stake, do they have to wait a certain number of blocks to stake again, or is it literally 24 hours by the clock?

It's literally 24 hours by the clock. If you put your coins into 4 chunks like you were talking about the other day, and each chunk is 1 SEED or more, then there's no reason not to stake right now for you.

Does 0.99 count as 1 seed? One of my larger chunks got divided that way the last time it staked. Are you saying that if I unlock my wallet to stake now, that when I do it will for sure be at 269 percent?