How to generate PPCoins using Proof of Stake?

Asked Apr 05 '13 at 08:29

Active Mar 16 '16 at 07:51

Viewed 736 times

2

PPCoins uses Proof of Stake (in addition to Proof of Work) to generate coins.

Must the client be online for this generation to happen?
Do PPCoins stored in any web wallets / exchanges generate coins for you?

edited Mar 16 '16 at 07:51

Murch

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asked Apr 05 '13 at 08:29

ripper234

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1 Answers1

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Yes
Yes, but it's not a great idea to do that. Coins need to sit in a wallet for at least 30 days before they start generating stake. I would never leave coins in an exchange\online wallet idle for 30 days.

answered Apr 05 '13 at 08:32

Vuxil

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Followup - should be client be online all the time? What about the first 30 days? After that period, can I turn it on once in a while, or should be be online all the time? – ripper234 Apr 05 '13 at 09:20