New to poS, can someone explain what i need to do to benefit from it?
Do I just leave my wallet open/unlocked?
If so how do i make sure it's unlocked?
Thanks for helping a newbie
To benefit the srtake interest rate you need to:
- HOLD your coins into the wallet since they arrived in it for at least 72h. This means also that you cannot move your coins with a change address within the same wallet, as the moved coins will restart the maturation time count from 0 !
- When a minimum of 72h of coin's age in your wallet has passed that "ready-to-stake" coins will start generate an interest.
- If you haven't locked your wallet before(i.e. setting a password) you don't need to unlock it.
Hope now things are bit clearer.