Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XST] Stealth-Coin.com | Tor | StealthText | BlockNet | PoD 5+
by
EmilioMann
on 21/11/2014, 22:21:00 UTC
Can someone explain staking to me? I think I understand the concept, but I'm not sure how or if it's working.
I put a bunch of XST in my wallet - I hover over the icon in the bottom right and it shows that I'm 'minting' and gives me an estimate of when I'll see a reward.
It said about 14 hours. After about 5 days, I received some coins - I understand it takes three days before the coins are 'mature'.
However, since then, the 'weight' of my minting has gone down to 8, and it's estimating over a thousand days before the next reward.
Throughout the entire process, the 'stake' figure has read 0.

Can someone shed some light on this for me?

Thanks


Don't worry about the estimates that appear, they are not real
Take a look at this explanation: https://bitcointalk.org/index.php?topic=681725.msg8075837#msg8075837