We encountered some problems with the Proof-of-Stake-Participation and that is visible with the delay in releasing the desktop wallets.
We reverted Pesobit back to its original code which is Proof-of-Stake. Blockexplorer and poswallet will be updated as well. The change back to regular Proof-of-Stake may seem like a letdown but we could still see some good out of it.
PoSP staking numbers vary depending on how many wallets are staking. Therefore we cannot provide a fixed number on how much will you earn if we implement the online staking.
In PoS, we can now say that it grows your Pesobits at a rate of 5% per annum. Although low, it is still better than nothing. And just to clarify, this is not a price growth but new Pesobits that are being created at that rate.
This is the rate by which your number of Pesobits grow by placing them in your Desktop wallets or staking wallets albeit in small amounts.
PoS -> PoSP -> PoS change affects the stakers but not the regular users who will be using Pesobits in different ways.
Shifting back to regular Proof-of-Stake will also mean that the staking mobile wallet will be more efficient and stable. And we will see in the coming days if a staking mobile wallet is still economical in a low-inflationary coin like Pesobits.
Here are the download links for the desktop wallets:
https://github.com/pesobitph/pesobit-source/blob/master/pesobit-winqt.zipWe could still have further improvements in these wallets - like allowing sending via aliasing method, embedded market price, embedded trading etc.
You will all be informed right away when an update is available. We will still be trying to apply PoSP at a later time along with some possible upgrades.
Thank you for bearing with us.
