How to generate PPCoins using Proof of Stake?

2

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

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

ripper234

Posted 2013-04-05T08:29:04.767

Reputation: 25 192

Answers

2

  1. Yes
  2. 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.

Vuxil

Posted 2013-04-05T08:29:04.767

Reputation: 36

2Followup - 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 – 2013-04-05T09:20:11.587

Asked: 2013-04-05T08:29:04.767

Viewed: 728 times

Active: 2016-03-16T07:51:39.717