Proof of Stake explained:
100.00 EBT mature over a 90-day period.
From Day 1 through Day 30, there is no change, but the coins "age" in the background
On Day 30, Your coins become eligible for PoS minting
From Day 31 through Day 90, Your chances of hitting a PoS block increase. After day 90 your chances dont get any better.
When a Stake block is hit the input that was used gets locked for 25 blocks as the POS block matures. It is moved to the stake column and a transaction will appear in your wallet for 10 EBT
After 25 blocks your 100EBT is returned and your 10 EBT is confirmed leaving you with 110 EBT
So I get the basics of PoS and I know its been explained several times. But is it possible to get a better estimate of the bottom line of exactly how much interest is earned? What are the "chances" of hitting a PoS block?
More specifically, if you start with a nice round 1 million PoS, on average what is the expected balance after 90 days?
Is this interest compounded within a single 90-day period? If a PoS block is hit, are you eligible to hit additional PoS blocks within the 90-day period or is it capped at a maximum of 10% return per 90 days? Additionally, what are the chances of never hitting a PoS block within 90 days or 365 days and earning zero interest?
