Is there any documents available that explain how nodes are being selected for generating staking rewards?
Thanks
Peer
There are a number of different resources you can go to learn about Peercoin:
However, let me try to explain. You know how in Bitcoin, a miner crunches numbers until they find the next valid hash for a block? That’s what happens in Peercoin too, except you only do it once per second per output. Because the hashing is limited by time, computation is minimal and it is energy efficient. Your chances of finding a block are a function of how many coins are at that output, their age (time since last transaction), and the current network difficulty.
There is surely no one “selecting” nodes, as your question implies. This is a decentralized process.
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