Bitcoin lottery bitcointalk

Proof of stake is the process your wallet uses to validate transactions in a distributed consensus through bitcoin lottery bitcointalk new blocks on the blockchain. The Core version wallet requires a copy of the entire blockchain on your computer. When you first send coins to your wallet, they will be in what’s called an immature state and will not be able to stake right away.

As EVERYONE should already have their wallet encrypted for protection against theft, you will need to ensure the staking portion of your wallet is unlocked. Turn On Staking’ first which will require a restart of the NAV Coin wallet. Staking is turned on by default. Once clicked, you will be requested to enter your wallet passphrase to complete the process. No security is lost while leaving your wallet open and unlocked for staking. NOTE: The estimated time shown is very literally an estimate.