How long does it take to stake
Proof of Stake blocks are eligible after 30 days.
Rewards also depend on Coin age of transactions. Every transaction is eligible for POS
after 30 days, and up to 90 days. If a transaction is left untouched for 30 days, it will
begin to try and stake a block on the network. If it stakes at this point, the transaction
will split into two smaller equal outputs totaling the initial stake amount.
At 90 days, it would be considered fully Mature and when it stakes, it would not split
into two transactions, and the reward, if eligible, would be added to the original
transaction.
Once the transaction is older than 90 days it does gain extra coin age, but the proof of
stake reward will not grow past the 90 day full maturity level.
At the time of this writing, around 4-5 BTB would be required at full maturity to stake
interest. If you want rewards, you will have to combine your mined blocks into a large
enough transaction meeting the criteria above to gain reward. , and can take longer
depending on the amount being staked.
For maximum stake, one must wait 90 days. (Also wallet cannot be locked)
Why so many stakes for 0.00 BTB
There is a minimum amount to stake to get rewards in the current code, if they are
small amounts, they will not get a reward.
Proof of Stake is a concept Bitbar adopted from peercoin, which gives the currency a
variable inflation rate, but also an energy efficient way to generate blocks for much less
energy required by miners.
There was a block reward De-synchronization issue that was noticed and fixed in Bitbar
by the Developer of peercoin, Sunny King. This is why currently small rewards are
rounded down.