What is Proof of Stake?

    Proof of Stake (POS) is the process in which block rewards are distributed to those helping to maintain the security of the network via proof of holding, in this case holding Bsgcoin.

    This means that anyone with mature (Minimum Stake Age is 24 hours) BSG coins in their Qt wallet (Desktop) will receive a bonus payment of Bsgcoin based upon when and how many coins they were staking during a given period of time.

    These are called block rewards and are paid out in Bsgcoin, after the 24 hours ageing period depending on how many coins you are staking you will mint/forge a reward block, the more coins the sooner the block is rewarded, less coins can take a longer time to mint but the interest will continue to accrue.