so basically we can just leave our coins and if they are of correct age will get full POS reward?
no need to chop n change into blocks!? great if thats the case.
Big thanx 2 Diamond team , can see this arangement heading somewhere good for all! 😸
i know the old POS conversion team
did run different POS ideas
but in my opinion ours is superior
if some of u followed their advice and split coins in different address
that wouldnt be needed for DMD POS
in fact it work better of all coins are in the same wallet address
because POS is always limited to the address the coins are in
and groupstake mechanism can by split coins in different address
not not merge coin pile together from different addresses
if u have split coins in different wallets long time ago leave them this way
until they create pos rewards and then when thier coin age is reduced try to reduce ur different wallet addresses to a minimum
i run as example only 3 addresses and see no reason why i could need more
there was the quiestion if the new wallt will reset coin-age anyway
answer is no
coin-age isnt stored in wallet
its depends on when ur coin pile did last time take part in a transaction visible in blockchain
even if we launch with a new wallet we keep existing blockchain so we keep old coin-age
not many dev teams where able to do what we did with DMD Diamond
change mining algo and keep old blockchain
its more complicated than it sounds
in fact the wallet must be able to understand old algo too to be able sync the old parts of the blockchain