【Tutorial】 How to split blocks in ColossusCoin2.0 CV2 wallet(See also here (Video tutorial):
https://youtu.be/0NkyUCyuHqw )
Coin control is an important tool for Proof of Stake (PoS) coins and lets users see what is happening during coin operations. By default when coins are sent, the coins are selected by giving priority to coins with lowest coin age blocks of coin – alternatively coin control lets users select specific coin blocks to use for transactions
ColossusCoin2 has a static PoS block reward of 5,000 CV2 combined with a block target of 120 seconds. This means that if you have very large blocks of coin you might not get the full rewards. In order to ensure you get the full rewards, I encourage you to split into blocks around 50 -100k CV2 all into one address.
Splitting Larger Blocks to Smaller BlocksFirst you need to enable it by clicking on Tools -> Options -> Display -> Display coin control features ->
ok
Go to
Coin Control Features on the
Send coins dialog. In version v1.2.0 of the Colossuscoin wallet it is named Inputs.
Click List mode
Select the block you would like to split and press
ok
Click SplitBlock and enter the number of blocks. For example 10, if you want to split it into 10 Blocks.
Enter the size you want into the Amount field at the bottom. For example 850,000 CV2, if you want to split it into 10 equal Blocks of 85,000 CV2 each
Put your address in the Pay To field and click
send
Confirm and
send coins
The chance to hit a POS Block depends on the number of Coins in the Block (transaction sent to your wallet), time passed since they have remained stationary in your wallet (minmum 7 days and maximum 28 days) and network Staking activity (more Staking activity reduces the chance per person overall)
Benefits of larger blocks:
* Larger reward on PoS generation
* Lowers the CPU use to run stake (multiple small blocks are more difficult to process)
* Faster generation of stake (wastes less power running computers)
Benefits of smaller blocks:
* Enhances network security (more hash rate devoted to PoS)
* Easier for the network to process
* Slows the rate new coins are generated
Our custom ColossusCoin2.0 Wallpaper:
Medium-sized version (800x568 px):
Wallpaper version (2000x1421 px):
https://www.colossuscoin.org/images/wallpaper_cv2.jpg
