can someone please explain how the high pos works.
I read the op but I am still a bit puzzled.
le mans terms please
![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
my understanding (how i have read it) is the more coins you have the more chance and more coins you will pos and this will last for 15 days then it will drop to normal staking.
oh nice!!! one of these lol.
im in.
Well that sums it up, just to clarify some points where vPoS differs from classic PoS:
- Your reward % depends on the vPoS block you get, the more coins you have into that block the higher your reward will be, but keep in mind you need to make it to the slab minimum to get higher %.
- vPoS reward % is per block, not per day, also considering the short maturity of about an hour, compound interest will be in play hard.
Also, make sure you have all your coins into one input, you can check your inputs using coin control, and consolidate them. vPoS wallet does not split pos blocks, and also has no maximum coins per block like classic PoS.
And remember: 'Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.' -Albert Einstein