Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XST] Stealth-Coin.com | Tor | StealthText, World's first anonymous SMS Tx!
by
ed_teech
on 19/10/2014, 07:39:54 UTC
Can someone explain to me the follow? I'm a little confuse. I'm new to the whole bitcoin/alt coin thing.

PoS interest: 20% annually
Coin PoS age: Min. 3 days / Max. 9 days / coins stop aging at 15 days

3-9 days before we get stake? and we stop getting stake at 15 days? Does that mean we have to keep transferring it to get more stake?

Hi Shimapan,

What you ask is well explained in the following post:

https://bitcointalk.org/index.php?topic=681725.msg8075837#msg8075837


You don't stop getting stake at 15 days. The weight of your coins is not increased with time anymore. So the chance for your coins to stake after 15 days doesn't increase anymore.

cool that's very helpful. I was wondering my wallet needs 140K blocks remaining. If I were to put xst in it can i start staking for would i need to finish catching up before I can stake?

Check the OP for a link to download the blockchain. It speeds up the syncing process.