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While on the same subject I have a couple more questions.
1. If I happen to shut down the wallet and restart it for other reasons like a pc re-boot. Does the clock start all over again on the 15 days or pickup from where it left off?
Time continues to accrue even if wallet is closed
2. You mentioned that the max POS reward is 1000 coins. If one reaches that number, does it make senses to just shut down the wallet and not stake anymore?
1,000 coins is the max award when a block gets a POS reward. Then, the clock rests. In 15 more days you can get another 1,000 max coins. If your coin block is large enough to get the max reward after 15 days but, you wait 6 months before unlocking your wallet, you still only get the 1.000 max. So best to stay on top of it to get max rewards.
Learning tons!!!
Thanks in advance
Another note: If you have a block of say 10,000 coins and get a reward
- say 1,000 coins, you would now have 2 blocks of 5,500 coins. Every
time you get a POS reward the coins may split on you. Smaller coin blocks
may take less time to build "weight' and get a reward. It is necessary to
send coins to yourself to recombine blocks. There is a command "combinethreshold [amount]"
to automatically recombine small blocks into larger ones.