Quote from: amartinz on December 15, 2014, 12:21:05 AM

Can anybody tell me how minting works?
I had 73498 FAIR total in my wallet (recovered from Mintpal v1) divided by 2 transactions (50 000 + 23 498).
After 24 days (why 24?) the 50k part of my balance became "transaction is mature".
Today they minted 88 FAIR (why 88?) and 206 FAIR (why 206?) in a few hours. After that there appeared two new transactions for every old transaction in the minting view. Old ones were divided by 2 and there are now 4 transactions (25103, 25103, 11793, 11793).
And they are all zero age!
I have to wait for 24 days again to mint something else?

Hey amartinz!

Have a look here: https://fair.coop/faircoin/

There it is explained as follow:

Mint Faircoins

You can participate as a FairCoin active node anytime by using the software on your computer, waiting for 21 days, and then start minting. Meanwhile, you can participate by mining (POW).

After 21 days, if your coins havent been moved from your wallet, you can begin contributing to the network with POS. At that moment your wallet will begin to have a % chance of minting which will be reflected in the official minting view tab on the faircoin wallet.

Wallets with the most faircoins are likely to find a block faster. Another factor affecting the chances of finding blocks is the concept of age, which makes minting probability grow each day after day 21, up to day 90.

Notice that once you discover a new transaction block, its minting status is set back to 0 and the process starts over.

00SuperMario00

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