Proof Of Stake mining

Proof Of Stake (POS)¶

• Proof-of-stake mining or POS for short is typically implemented such that a random coin owner obtains the right to sign a new block.
• EvoX POS implementation keep miners in full anonymity and simple with a push of a button.
• Open EvoX app, make sure the blockchain is synchronised and turn ON Staking switch.
• You can observe your progress in the Staking tab of your staking wallet.
• The amount of earnings depends on the wallet balance.
• Amount of earnings depends also of how many user are running PoS.
• When you turn Staking OFF, balance will get unlocked right away.
• You can switch Staking ON and OFF without any limitations.

Server mode POS mining¶

• In some cases it would be convenient to do POS mining without application running.

• Here are steps to achieve it.

  1 . Build EvoX daemon (evoxd executable) following instructions

  2 . Navigate to Evox folder

  3 . Start evoxd daemon (service)

  4 . Start wallet daemon in RPC mode

  simplewallet --wallet-file WalletFile --password WalletPassword --rpc-bind-port=12233 --do-pos-mining
  

  • WalletFile -- the wallet file name
  • WalletPassword -- the password of the wallet that is in use
  • 12233 -- port of your choice, e.g. 12233