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Title: how does pos work? Post by: supercanada1 on July 11, 2015, 03:14:49 PM When does the interest generated?
How to sync? After pow coins mined, how to mine the pos coins and which parameter to adjust in order to generate new pos blocks fast? Thanks Title: Re: how does pos work? Post by: bit1 on July 11, 2015, 05:19:35 PM When does the interest generated? How to sync? After pow coins mined, how to mine the pos coins and which parameter to adjust in order to generate new pos blocks fast? Thanks When does the interest generated? Each coin is different check "PoS Min Stake Time" of each one. How to sync? Keep you wallet open could be a long time for first time depending of the coin,Check you .conf file to connect nodes. After pow coins mined, how to mine the pos coins and which parameter to adjust in order to generate new pos blocks fast? Keep your wallet open,you dont need adjust nothing, The more coins that you have with respect to network (weight) you will have more rewards. Title: Re: how does pos work? Post by: unusualfacts30 on July 11, 2015, 05:22:07 PM POS:
Keep your wallet online and unencrypted (for stake only). Title: Re: how does pos work? Post by: supercanada1 on July 12, 2015, 01:53:31 PM thanks i mean I developed my own pos coin, after the pow coins mined, there is no new blocks so sync is lost, how to let the new block generated faster? Adjust minStateAge parameter? Or any way to let the new block created faster in pos
Title: Re: how does pos work? Post by: Kimowa on July 12, 2015, 02:06:46 PM pos just uses computer power and not mining power so the amount of coins determines stake
https://en.wikipedia.org/wiki/Proof-of-stake Title: Re: how does pos work? Post by: supercanada1 on July 12, 2015, 02:55:21 PM thanks
Sometime it will take a long time for the coins to generate a new block, so it will take a long time to sync, how to make the sync time faster? Since it will sync after a new pos block generated, so if I make the new pos blocks generated faster, it will sync faster, I think the nStateMinAge is for this? After a nStateMinAge time passed, the interest will be generated so a new block will be generated? If I set nStateMinAge to 10 min, so after 10 min, interest generated and a new block created? I am not sure whether a new block must keep adding content until it reach the max size to generate a new pos block or it will generate a new block each time interest generated Thanks Title: Re: how does pos work? Post by: muddafudda on July 12, 2015, 03:06:11 PM Stare into your computer, click your mouse three times then repeat "There is no place like POS"
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