How mint PeerCoin?


#21

When we unlock the wallet, doesn’t it make the wallet vulnerable to /hack/threats?


#22

Not if you unlock for minting only


#23

got it, thanks.


#24

I’ve unlocked the wallet for minting and still does not show any “maturing” balance. Should we get a new balance on a daily basis?


#25

No, you only get a maturing balance after you mint. Maturing balance are coins that are locked during the mint period.


#26

I think I have a misunderstanding on minting. What does minting mean?


#27

Minting means your client uses your stake to find a block. Upon doing so, your coins will be locked for 500 blocks or so and you will get a small reward.


#28

Is the “client uses your stake” done automatically as far as my wallet is unlocked?


#29

Yup, just keep it ‘unlocked for minting only’ and connected to the internet. If you’re using peerunity, you can see more stats about your mint chances under the ‘minting’ tab.


#30

Cool, thanks for quick info!