Re: [ANN][FIND] FindCoin | Community Anti-Scam Token | Faucet Distribution
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done added into findcoin.conf
i want to ask about the POS how it works ? can you explain it to me ?
done added into findcoin.conf
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.
i got 16 connections too but the staking say it expected time earn is 7 days ?
Correct, as time passes you will gain more weight and time to earn will go down. Also, getting more coins increases staking weight as it is calculated by number of days passed × number of coins in a block. Additionally, the longer you have to wait to stake the bigger the payout, so don't worry about the 7 days - you will get rewarded fairly.