Greetings,
I'm considering investing in Mintcoin but can't wrap my mind around something which I would appreciate help with.
1. POS starts when a coin has been in your wallet for 20 days, correct? If I have 1 coin in my wallet for 20 days then add 1 million more, do those 1 million automatically become eligible for POS or do they have to go 20 days?
2. If it is the latter, doesn't that make people not want to spend their coin as they then lose out on the POS?
Thank you.
I think you are missing the whole message behind Mintcoin. It is a Proof of Stake (PoS) coin not a Proof of Work (PoW). Big difference.