Can someone give me a quick rundown of the exact proof-of-stake parameters for this coin?
Essentially what I want to know:
Minimum waiting time before coins can stake.
Maximum time allowed for coin weight accumulation.
About how many coins are recommended to reliably get stakes every staking/minting cycle?
Depends on the amount owned and network weight. Join the slack for calculation help ;-)
I know it depends on the amount owned and network weight... What I am asking for is the minimum requirements, and maximum limits.
Does this coin just let the people with the highest amount of coins just keep staking over and over again every few hours? What is the minimum required length of time before you are allowed to stake? In other words, how long once you transfer coins to your wallet does it take to stake, and after you do stake how long must those coins rest before being allowed to stake again?
For example, MINT requires 20 days waiting period between stakes, and doesn't let you increase your weight beyond a total of 40 days, in order to secure the network. I want to know what it is for this coin? So many PoS are setup in such a scammy way where every hour the top holder and re-stake again, and it is very centralized.