|
July 06, 2018, 06:40:53 PM |
|
It is an incentive process to reward people that mint their ZeCash into their wallet for transaction validation. Our users are involved in buying the coin that will remain in a wallet for a certain xed period. It is same as putting money in a xed deposit for a xed period. Here the owner of a new block is chosen on the persons stakes. The stakes translate to the extent of the users wealth or amount of ZeCash coins the holder has in his possession. In staking mining does not occur instead the creation of new blocks is minted. The Minter creates the new blocks in the system and makes sure transactions are authenticated.
|