Post
Topic
Board Announcements (Altcoins)
Re: [ANN][FIND] FindCoin | Community Anti-Scam Token | Faucet Distribution
by
Quadmium
on 29/12/2014, 04:31:06 UTC
-snip-

done added into findcoin.conf Cheesy
i want to ask about the POS how it works ? can you explain it to me ?

Awesome, let me know how many you get. I'm running on 16 connections and so is e1ghtspace.
POS works by giving interest to people with their wallet open. There is a maturity period of 1 hour before your coins start "staking," denoted by the green arrow. The "weight" will increase as you wait longer, making you more likely to earn a block. This secures the network instead of POW, and provides interest as an incentive to keep your wallet staking.